The Washington Post on Merkel:

After five years of near-policy deadlock under a conservative-socialist coalition, Europe's largest economy is now likely to see tax, regulation and spending cuts.

How large the cuts in taxes, regulation (!), and spending remains to be seen. They may not be significant, thus leaving Germany with a substantial public sector and safety net. But if they are large cuts, then keep an eye on Europe's largest economy.


posted by Quiddity at 9/30/2009 01:07:00 AM