"If [Merkel's] government is serious about its intent to rescue the eurozone it will have to sacrifice its commitment to the Rechtsstaat, because a number of measures deemed necessary for safe-guarding the euro are clearly in violation of existing EU law." A short thread 1/
"If, by contrast, the government is serious about protecting German democracy and the Rechtsstaat, as it is bound to do under the German constitution, it will be forced to abandon the eurozone, at least in its current form." 2/
"What is particularly disturbing about these two conflicting scenarios is that they touch on the two fundamental commitments that have underpinned the reconstruction of West German democracy after the Second World War –European integration and the rule of law." 3/
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