David Ignatius, Washington Post
WASHINGTON -- With Socialist leader Francois Hollande likely to become the next president of France, Europe's hot populist anger is about to confront the cold austerity measures required by the eurozone, with a predictable result: a storm that rattles the foundations of the European economic house.Financial traders and treasury ministers this week are debating just how much damage this political-economic collision will bring. Some argue that it could take down the structure entirely. Others insist that Germany, for all its insistence on austerity, will never let the structure collapse --...
WASHINGTON -- With Socialist leader Francois Hollande likely to become the next president of France, Europe's hot populist anger is about to confront the cold austerity measures required by the eurozone, with a predictable result: a storm that rattles the foundations of the European economic house.Financial traders and treasury ministers this week are debating just how much damage this political-economic collision will bring. Some argue that it could take down the structure entirely. Others insist that Germany, for all its insistence on austerity, will never let the structure collapse --...
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