BERLIN—Europe’s voters delivered another rebuke to their leaders Sunday for failing to overcome a debt crisis that has thrust much of the region into an economic tailspin.
Less obvious is what Europeans expect their governments to do differently. From Greece to France, incumbents lost power—joining a long list that includes the former leaders of Spain and Italy. But their successors will likely find it difficult to pursue policies that deviate much from the austerity-focused course championed by Germany, Europe’s paymaster.As Europe’s only healthy large economy, Germany’s support would be essential for any change. And Chancellor Angela Merkel and her government, fearful of popular resistance in Germany, have made clear in recent weeks that they wouldn’t soften their austerity demands, no matter who won Sunday’s elections.
- European Leaders Change Summer Vacation Plans (247wallst.com)
- France, Greece and Germany election results send austerity shockwaves through Europe (jhaines6.wordpress.com)
- After ‘Merkozy,’ what next for Europe? (cnn.com)
- Greek pro-bailout parties suffer big losses, fringes gain (lfpress.com)
- Merkel sleepless over Hollande (themoderatevoice.com)
- Regime change in France signals wider shift in European outlook (theglobeandmail.com)
- François Hollande Clubs Sarkozy In French Election As Anti-Austerity Sweeps Europe (247wallst.com)
- Hollande wins and the end of the euro draws nearer (blogs.telegraph.co.uk)
- Europe Braces Itself as Greek Voters Head to Polls (commondreams.org)