Merkel and Hollande: you say growth, I say austerity, let’s call the whole thing off
FT Alphaville » Francois Hollande 2013-08-01
Summary:
Tuesday is a big day for France-German relations. Francois Hollande will be inaugurated president, and announce his choice of prime minister. Just hours later he’ll meet Angela Merkel, marking the genesis of a new portmanteau. Goodbye Merkozy! Hello Merd*!
While the relationship has had an inauspicious start, the signs are that it will go well, at least initially. Both leaders find themselves under pressure at home, but they need each other.
Continue reading: Merkel and Hollande: you say growth, I say austerity, let’s call the whole thing off