Whatever the color of Germany's new government will ultimately be, the pace of structural reforms is likely to be slow.
I dislike the VAT hike tremendously, I don't think it's necessary.
Merkel is chancellor, and she is reform-minded; we shouldn't forget that.
Germany does not need abstract economic ideas; it needs labor market reforms.
Lafontaine was seen as the arch-exponent of the hard left in Germany.
A rise has become a real possibility.
The hope that Germany would be a shining European example for accelerated reforms has been dashed.
This is the worst thing we've had from the German economy for some time.
Britain has learned that there is no harm is selling your local champions to foreigners.
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