

The Guardian revealed this week how the German Chancellor Angela Merkel warned her fellow EU leaders for the first time that her country, the motor and lynchpin of the Eurozone, could abandon the Euro if she fails in her campaign to establish a new regime for the single currency. Could it be that Ms Merkel’s ultimatum turns out to be a shrewd move in a nasty strategy to bring about reforms that the Eurozone vitally needs to ensure its survival?