Monday, March 19, 2012

Merkel and Sarkozy: The end of the affair?

BRUSSELS - She needed him to soften the impression that Germany alone is leading Europe. He needed her to give the impression France is still, despite its economic difficulties, a political player.

For months, Chancellor Angela Merkel and President Nicolas Sarkozy were the eurzone's inseparable political duo. He was effusive and talked in a grand way about the historical importance of Franco-German relations. She, more pragmatic, concentrated on the here-and-now.

From a frosty beginning their relationship evolved towards mutual respect. They met, bickered, compromised and then decided on eurozone policy.

With France struggling to contain its budget deficit and French banks heavily exposed to Greece, Sarkozy embraced Merkel's economic view of the world - austerity measures until a balanced budget is achieved.

He brought his admiration for the 'German model' into his electoral campaign. She said she would support Sarkozy in his re-election bid "no matter what he does" and her Christian Democratic Party was equally warm. Plans were even afoot for the Chancellor to appear alongside the President in pre-election rallies.

But with just weeks to go until the first round of the elections on 22 April, 'Merkozy' - as their moniker goes - is no longer the talk of the eurozone.

Both sides have cooled. Sarkozy, after being mocked by opponents for being Germany's lapdog, no longer mentions Merkel or Germany in his campaign. Read More