The results of the French president’s visit to Berlin prove that Germany is unwilling to support the proposals for thorough reforms of the eurozone.
Brexit has triggered a significant dispute inside the government coalition in Germany over the policy they should adopt in the EU.
On 8 April, the German Minister of Finance, Wolfgang Schäuble, criticised the European Central Bank (ECB) for its aggressive monetary policy.
Germany wants to show that it does not accept any of the ECB’s actions aimed at supporting eurozone member states unless it has first been consulted.
The deal struck with Greece overnight on 12 and 13 July has proven that Germany has an ever stronger position in the eurozone.
Germany’s favourable stance on the quota scheme is a new element in the country’s asylum policy. Berlin has previously been opposed to it.
Germany is working on a plan which would allow Greece to remain in the eurozone, even if the government in Athens announces that the country is bankrupt.
The Transatlantic Trade and Investment Partnership offers a chance for improving relations between Germany and the USA for the first time in many years.
The agreement between the eurozone and Greece is a tactical victory for Germany. The government in Berlin took a tough stance in the month-long negotiations.
The negotiations on the banking union have confirmed that Germany has emerged as an undisputed leader within the EU.