Arnon Grunberg

Shakespeare

Theory

Greece is causing a rift between Merkel and Schäuble, or are there are reasons for the rift?

‘So far, Merkel has never been overly bothered about going down in the history books. But if she does end up hounding Greece out of the euro, the development will certainly be more than a footnote. Which is one possible reason for her hesitancy. She, not Schäuble, will be the one who has to deal with the inevitable criticism and attacks.

That's why she's so annoyed with Schäuble. And he is suspected of having more sinister motives. Could he be out to destroy Kohl's legacy because he has been denied the opportunity to build on it himself? It's a stretch, to be sure, but the fact that many in the CDU are thinking in such Shakespearean terms suggests that they are keeping a close eye on Schäuble.
If he wanted to, Schäuble could easily drum up support for a rebellion against Merkel.’

(…)

‘There is much to back up this theory. "The finance minister needs to accept that the chancellor might not always agree with him," he said in the fall of 2009, shortly after he assumed office. But now that he will be turning 73 this September, he might no longer feel he needs to be as agreeable. Being obstinate, after all, is the prerogative of the elderly.’

Read the article in Der Spiegel by Peter Müller, René Pfister and Christian Reiermann here.

I bet that Mr. Schäuble won’t start a revolution against Merkel and Greece will remain in the Eurozone. If one country knows the value of stability it’s Germany, and it is willing to pay a high price for it.

Mr. Schäuble will postpone his appetite for being obstinate; a civilized person is very good at the postponement of satisfaction.

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