Monday, July 19, 2010
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Feeling lonely, Angela?
A photograph of the German Chancellor, Angela Merkel.
German politics in disintegration: Internal erosion is crumbling Angela Merkel's Christlich Demokratische Union Deutschlands (CDU). Wave of unforced resignations gets dangerous.
Gone ► Roland Koch (June 2010), Minister-President of the Federal State of Hesse. Gone ► Horst Köhler (June 2010), President of Germany. Gone ► Ole von Beust (July 2010), Mayor of Hamburg, Germany's richest city state. Eurofailure Merkel is losing her major powerbase CDU allies one by one. How long can her fragile governing coalition survive? More here (19.07.10) and here (19.07.10). AB comment: In the background of all this is the corruption cleanout and management takeover of Deutsche Bank in connection with the US Dollar Refunding Programme (more here - 08.07.10).