Friday, February 17, 2012

Blow to Merkel as German President Resigns



Christian Wulff's resignation during a television address form the grandeur of the presidential Bellevue Palace in Berlin follows a string of scandals and now threatens the German Chancellor at the height of a testing eurozone debt crisis.
Chancellor Merkel cancelled a planned trip to Rome to meet Mario Monti, the Italian Prime Minister, ahead of a critical eurozone meeting on Monday that will agree a new Greek bailout that is deeply controversial in Germany.
She will make a statement following his resignation, the second German president to resign amid controversy during her time in office, in a new political crisis that will prove a challenge to her authority ahead of Federal elections next year .... Read more at http://www.telegraph.co.uk