Utilize the input text as a context reference, choose the right relationship between Merkel and Germany from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Picture: REUTERS Related articles Greece’s euro future balances on German Punch and Judy show New Greek bail-out hardly a victory for Germany Furious Greeks accuse Germany of splitting Europe yet again In this article Companies and organisations: European Central Bank People: Angela Merkel THE Greek crisis and German hostility toward a third bail-out for the troubled country provide an appropriate time to examine Europe’s largest economy’s relationship to the single currency.

Answer: headquarters_location