Monday February 17, 2020

French resistance to staying the course spells trouble for Germany's prudence

Germany has always tried, and frequently failed, to avoid a war on two fronts. The 'can't-pay, won't-pay' rebellion gaining momentum in a now rudderless Greece was bad enough.

12th May, 2012
Angela Merkel: against a spending programme. Photo: Getty

Germany has always tried, and frequently failed, to avoid a war on two fronts. The 'can't-pay, won't-pay' rebellion gaining momentum in a now rudderless Greece was bad enough. But this time, it's France, not Italy, which has changed sides, the French electorate having rejected Nicolas Sarkozy's austerity for François Hollande's call to put growth first.

Hollande's election campaign included a demand for the renegotiation of the fiscal pact and now, armed with a...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 1 month ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago