“Francois Hollande’s stepped-up attacks on Chancellor Angela Merkel’s belt-tightening solution toEurope’s crisis show he doesn’t understand his country’s economic shortcomings, an aide to the German leader said.
The intensifying war of words between the French presidential race frontrunner and Merkel is putting the two politicians from Europe’s two largest economies on a collision course over ending the region’s sovereign debt crisis.
“It’s not for Germany to decide for the rest of Europe,” Hollande said late yesterday on France 2 television, prompting Michael Meister, the deputy caucus chairman of Merkel’s Christian Democrats, to say in a phone interview today that “Herr Hollande has misunderstood the problems in his country and in other euro area countries.”
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