The Euro Crisis Is Coming Back, And The Storm Is Brewing.

The euro crisis is coming back? At least a lot of Germans think so.

In a editorial Monday, the media warned: "a storm is brewing."

A series of unique and interrelated developments exacerbated the sense of crisis in German political and media circles, and became the focus of the euro zone's return to the "fuse", including the abandoning of the knot in southern Europe, the easing monetary policy implemented by the European Central Bank (ECB), and the recent changes in the German political landscape.

This year, the German government looks at "panic" and looks at one after another. The euro zone countries imply that they will no longer follow the path of fiscal consolidation that Angela Merkel and Schauble Wolfgang Schaeuble have insisted on during the worst euro crisis.

Newspapers are now full of charts showing the rising debt levels of the second tier countries in the southern eurozone.

Although Germany and its partners in the euro zone can still control Greece, the German government has realized that it has limited influence on those countries that have never received aid or have ended the rescue plan.

The media warned in the editorial: "if the southern European countries continue to do so, the euro will sink into a new one.

The safety box is empty, the defense mechanism is very fragile, and the euro may be totally unable to resist. "

Last month, the European central bank governor Delaki (Mario Draghi) discussed the issue of directly sending money to the euro area people to raise inflation. The new choice party immediately seized this problem.

A senior official close to Merkel admitted this week that he is attacking Europe.

Good timing.

A month ago, the German Alternative for Germany (AfD) won seats in three state legislatures, shocked the old political parties, forcing them to strategically reflect.

The new choice party is a right-wing populist political party, opposing Merkel's position on opening the border to refugees.

German officials revealed that after the discussion, Merkel's conservative camp firmly believed that they must do their best to shift the domestic debate topic to other issues outside the refugees.

After that, under the leadership of German finance minister Schauble, the Party leadership stepped up an oral attack on the low interest rate policy of the European Central Bank.

They worry that the new choice party may seize this issue in the next federal election in 2017; the new choice party rose in the form of anti Euro political party three years ago.

Low interest rates are a very sensitive topic in Germany, because they believe that this has caused millions of people to "save" their savings for their retirement.