Markets nervously await a Hollande-Merkel showdown
Within hours of taking office on Tuesday, new French president François Hollande will fly to Berlin for a summit with German chancellor Angela Merkel.
Within hours of taking office on Tuesday, new French president François Hollande will fly to Berlin for a summit with German chancellor Angela Merkel that could either calm the latest eurozone crisis or ratchet it up further.
The meeting will be a high-wire act for both leaders, and the bond markets, watching below, will offer no safety net if there is a fall. Merkel is standing four-square behind the laboriously-crafted fiscal pact. Hollande,...
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