With the euro-zone fully entrenched in economic crisis, Europe’s leaders are scrambling to avoid contagion reaching some of the area’s largest economies, notably France and Italy. With the measures taken thus far having failed to calm market nerves, the focus will be shifting to Germany and its Chancellor, Angela Merkel, to lead the euro-zone back to greener pastures, according to AICGS Non-Resident Fellows Dr. Norbert Walter, Dr. Paul J.J. Welfens, and Dr. Klaus Deutsch, as well as frequent AICGS contributor Alexander Privitera.
