Just a few days prior the German elections, but several years after the beginning of the crisis, the citizens of the countries in southern Europe, are rather doubtful whether a third election victory of conservative Angela Merkel will restore hope, presenting a different political perspective, that will allow a rapid return to growth. The citizens of these countries rather suspect that the reelection of German "Iron Lady" will bring additional tough austerity and economic pain. The European countries of the north on the other hand, are openly wonder how seriously Mrs. Merkel is interested regarding the institutional reforms in the European Union. Therefore, Europe monitors the German elections with great interest.
Countries which apply the recipe for dramatic reductions in sectors such us health and education are already in recession since 2008. The private sector has also been damaged. The unemployment remains the fundamental economic indicator of a country now surpasses 27% in Greece and in other countries. Greece is among the countries that hope for an easing of the European fiscal rules after September 22.
Source: Article by Constantine Kalentis in Greek for electionsnet.gr. The full article can be found here in Greek: http://www.electionsnet.org/index.php/2013-01-31-12-06-08/item/625-i-evropaiki-anamoni-kai-to-germaniko-dilimma
