German Chancellor Angela Merkel on Friday publicly backed the European Central Bank's recently announced plan to buy bonds directly from debt-saddled countries. As the head of Europe's largest economy, Merkel's endorsement is seen as crucial to the success of the plan, which aims to finally break a vicious cycle that has kept the euro currency on the brink of collapse for years. However, the plan is unpopular in Germany, and Merkel could pay a high political cost for backing the ECB.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- 43 TV shows to watch in 2014
- Is it now OK to have sex with animals?
- After Ferguson: Stop deferring to the cops
- This judge is the reason we're still fighting over net neutrality
- Diagnosing the Home Alone burglars' injuries: A professional weighs in
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- How to adopt the perfect rescue dog
- Alien conspiracy theorists think the government is on the verge of spilling big secrets
- 7 grammar rules you really should pay attention to
- The hilarious hypocrisy of Republicans complaining about the imperial presidency
Subscribe to the Week