Our endorsement for the German federal election

Germans will decide on Sunday if they want to keep Angela Merkel as their chancellor after eight years in power. According to polls, an overwhelming majority of voters – around 60% – prefer Merkel as chancellor rather than her Social Democratic challenger Peer Steinbrück. It is not difficult to see why. Unlike most of its Euro-zone neighbours, the German economy is doing pretty well. Unemployment is at a two-decade low, investor confidence...