The Euro rallied in relief after Germany’s ruling government came back from the brink. Chancellor Angela Merkel and coalition partner Horst Seehofer, who had threatened to resign, struck a deal on immigration.
Merkel Says Europe Needs a Strong Germany
German chancellor Angela Merkel was out today saying “Europe needs a strong Germany, it is desirable to get a government in place quickly”. Germany still has not formed a government since she won the election but short of a majority.