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BERLIN -- Chancellor Angela Merkel claimed victory in national elections today, with projections by public television stations putting her conservative party on a path to form a new center-right government and achieve her goal of ending the country’s “grand coalition” with the Social Democrats.
If the slim lead for her conservative Christian Democrats and the pro-business Free Democrats holds after all the ballots are tallied, Mrs. Merkel will finally have the chance to enact the kind of liberalizing economic reforms she proposed when she first ran for chancellor four years ago. But the celebration will be muted by the knowledge that rising budget deficits as a result of the economic crisis have dramatically limited the kind of tax cuts the new coalition will be able to enact... Read more by Nicholas Kulish, New York Times
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