Classic Drudge right here…
Photo: The Dugere Report
As we said this weekend, the big question for Europe now is whether Germany bends to the anti-austerity mood or digs in.
If Germany bends, then this weekend’s election will be seen as a positive turning point, as Europe moves away form austerity towards policies that promote growth.
If Merkel “digs in” then Europe just got one step closer to blowing apart.
The article referenced here indicates that for now Germany’s position is that there can be no change ot the fiscal compact, although it might be early to get a true read on what’s going on.
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