In fact , according to Merkel , the blame was former Chancellor Schroeder , who accepted the accession of Greece to the euro , thereby weakening the Stability Pact . A judge wrong decision and that, in his opinion, is one of the starting points of the current problems in the region. According to analysts, with their accusations Schroeder , Merkel may be trying to counter the attacks of rival social democrat in the next election , Peer Steinbrück, who criticized the crisis management carried out by the government and accused the chancellor of not informing the German taxpayers of their true cost to the country.
Despite criticism from the opposition, the German Government today presented a triumphant balance of economic management during the term and just reiterated his confidence that fiscal consolidation and reforms are the engines of growth. In one of the last meetings of the government of Angela Merkel before the elections of September 22 , the Ministers of Finance , Wolfgang Schaeuble and Economy Minister Philipp Rösler , the cabinet have delivered a report on the financial and economic developments of the country, making it clear that "in Europe, Germany is now the anchor of stability and the engine of growth."
Among the few negatives of the report, which analyzes the past four years , is the impact of the euro crisis on German exports and business investment . After insisting that fiscal consolidation and reforms are the basis on which has supported German economic growth , the two ministers warn that to continue in the right path will be "crucial " to continue reducing uncertainty in Europe.