Chancellor Angela Merkel has spent much of her time in office rejecting proposals to pool euro-area debt. Now it might just help her bid for re-election.
Merkels main challenger, Social Democrat Martin Schulz, has backed the idea in the past as a way to help struggling euro nations — and his electoral opponents wont let him forget it. As others in his party warn of the financial and electoral risks of such a policy, Schulz is faced with trying to squelch a debate that could lead to an internal rift and drive away voters.
Polls underscore why the Social Democrats have reasons to avoid an issue thats been a red flag for most German voters ever since the debt crisis spread from Greece in 2010. After a surge triggered by Schulzs…
Read the full article at: https://www.bloomberg.com/politics/articles/2017-04-11/merkel-s-nein-to-pooled-euro-debt-emerges-as-election-plank