Merkel’s win to boost Saudi-German ties

Germany has a historic role in the Eurozone, said German Ambassador to Saudi Arabia, Dieter W. Haller.
The German Embassy had invited the German community in the Kingdom on Sunday to watch the poll results of the the nation’s election live on a big screen, along with other European community members, including diplomats.
Haller applauded the historic win for Chancellor Angela Merkel, who became the third postwar chancellor to secure three election wins after Konrad Adenauer and Helmut Kohl.
Haller said, “We are the middle power at the heart of Europe. We have a historic task in the Eurozone. The third term for the German chancellor will definitely push structural reforms in the Eurozone and the victory will boost prosperity.”
He maintained that the well-being of Germany lies in the well-being of Europe and that this is the reason for growing support for Merkel, as her steady leadership during the Eurozone crisis has made her hugely popular at home.
Haller said that German people appreciate their chancellor for her leadership abilities amid the euro crisis.
He said that a common currency must be maintained in the Eurozone.
“We have a common currency, but we do not have common micro-finance policies and this needs to be addressed properly to overcome the crisis. Moreover, strong financial policies are essential to sail through the crisis,” he said.
He said that the outcome of the election is vital for Europe’s future. The overwhelming victory will strengthen the Euro, as it will help the German economy to prosper.
The German ambassador said, “We foresee a vibrant Saudi-German relationship. It will boost further with yet another term for the Chancellor.”
The German community in the Kingdom was seemingly confident, as the exit poll began predicting the third term for Merkel, leading her conservatives to their best result in more than 20 years.
German investors were seen buying into this political optimism and were also happy with the predicted third term for their chancellor to bail out the Eurozone.
Merkel has bucked the European trend by becoming the only leader in the Eurozone, whether from liberal or conservative parties, to be re-elected since the snowballing Euro crisis began in 2010.
Twelve governments have fallen out of 17 countries in the Eurozone as a result of the recession.
The third term is indicative that Germans feel protected from the economic crisis under Merkel’s leadership.
Merkel’s Christian Democratic Union (CDU) and its sister party, CSU, won 41.5 percent of the total vote, with German poll analysts calling the win a personal victory for the 59-year-old, who is now on track to overtake Margaret Thatcher as Europe’s longest-serving female leader.
Final results gave the CDU/CSU 311 seats, the Social Democrats 192, the Left party 64 and the Greens 63 seats.
The only problem seems to be for Merkel’s junior coalition party, FDP, which came short with 4.8 percent despite the 5-percent threshold vote needed to remain in Parliament.