«It would be wrong to look out for a unique answer to the populist’s success: after the victory of Emmanuel Macron, many argued that Marine Le Pen is at the end of the line. I don’t buy that. All necessary conditions for populism to thrive are still there, in France»
Notions such as ‘leadership’ or ‘hegemony’ suggest that without a strong Germany to enforce the Eurozone’s fiscal restrictions, the implementation of difficult albeit necessary structural reforms would not be successful at preserving the Euro. However, is it justified to view Germany as a leading power during the Eurozone crisis? Moreover, what does the new German government mean for the Eurozone’s ambitious plans for deeper economic integration?