Much despondency in Berlin at the likely victory of Hollande in the second round of the French presidential election. However,the result is not a forgone conclusion. Much will depend on what the voters for Marine Le Pen, the third placed candidate in the first round, decide to do.
Problems in the Netherlands government coalition could mean a general election in June which could spell trouble for another of Merkel's supporters.(Since writing this, the election will be in September.)
http://www.telegraph.co.uk/finance/financialcrisis/9221954/Billions-wiped-off-Europes-biggest-companies-as-political-rebellion-rocks-eurozone.html
http://www.telegraph.co.uk/finance/comment/jeremy-warner/9221874/What-next-for-the-euro-if-France-rejects-austerity.html
http://www.telegraph.co.uk/finance/financialcrisis/9215232/German-tempers-boil-over-back-door-euro-rescues.html
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9224551/Nightmare-week-for-Angela-Merkel-as-austerity-bloc-crumbles.html
A must read article.
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