Angela Merkel is on the ropes. Here are her options.

The German chancellor is suddenly vulnerable.

German Chancellor Angela Merkel, long Europe’s most boringly stable leader, is facing a political predicament that could cost her her job.

Late Sunday evening, almost two full months after Germany’s national elections, Merkel announced that she had failed to corral smaller parties into a ruling coalition. If no agreement between parties is made soon, German President Frank-Walter Steinmeier will be forced to move to hold snap elections. Such...

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