Changing political equations in Germany could weigh on Greece’s bailout programme
Germany’s political scene has changed overnight, following last month’s general elections. Although Angela Merkel won herself a record fourth term as German chancellor, it was her party’s worst performance under her leadership. Merkel, who has been quite influential in her handling of various Eurozone issues, ranging from migration to Greece’s debt crisis, is expected to witness a dramatic reduction in her authority, considering the fragmented election outcome. The election outcome in the Germany has triggered fresh fears in Athens, as political pundits are worried that the weakened government in Germany could have adverse implications on the ongoing bailout negotiations.