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Merkel's Weak-Euro Complaint Has Two Goals

From bloomberg.com

The undervaluedeuro may boost German exports and help the country's economy do better than most neighbors, but it's an electoral problem for Merkel's party, which represents the country's large saver class. Savers hate near-zero interest rates, which have kept the euro down. While Merkel's criticism for Draghi may sound muted, her allieshave spoken out much more forcefully. Transport Minister Alexander Dobrindt once branded the Italian a "money forger," while Finance Minister Wolfgang Schaeuble, Merkel's rock of support in the Christian Democratic Union party, has blamed Draghi for the rise of the populist ... (full story)

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