European leaders are aware that with US unemployment and growth at alarming levels the well being of Europe is not high on the President’s mind. They knew that a reelected Obama had a better chance of being persuaded to engage in talk than an unknown factor such as challenger Romney.
The other big question mark will continue to be, who will be the next US Treasury Secretary. Geithner did not have an stellar track record dealing with his European counterparts and right now a change is seen as a good thing that is, until the list of potential candidates is released.
German newspaper Spiegel features a piece that highlights the expectations of German politicians and review US President Obama’s international track record.
Obama’s win over challenger Mitt Romney has been met with relief among politicians in Berlin for a simple reason: The Republican candidate was considered by some in the German government and the governing coalition to be an enigma on matters of foreign policy, while Obama is a known factor — even if his first term hasn’t exactly dazzled the world with an energetic approach to foreign policy.
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