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Monday, September 23, 2013

Elections In Germany May Shift Economic Tone In Eurozone

German chancellor Angela Merkel smiles behind German flags at the party headquarters in Berlin, Sunday, Sept. 22, 2013. (Michael Sohn/AP)

German chancellor Angela Merkel smiles behind German flags at the party headquarters in Berlin, Sunday, Sept. 22, 2013. (Michael Sohn/AP)

Chancellor Angela Merkel has won her third term as Germany’s top leader.

But Merkel’s center-right Christian Democrats party fell five seats short of an absolute majority in the German Bundestag — the national parliament.

This may change some economic policies in the eurozone’s largest economy, including a softening towards bailed-out nations like Greece.

Financial Times reporter Cardiff Garcia joins Here & Now to explain.

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