EU – unity or split: German leadership the key

 
The jury is still out about whether the Merkel-Macron recovery fund of half a trillion euros will: a) be enough to make a difference: and b) will fly in the face of opposition from the ‘frugal four’ of the Netherlands, Austria, Sweden, Denmark who have all held out against direct subsidies. Never mind the German Constitutional Court, who have already made their displeasure known – see previous post May 6. Repayment would be the responsibility of the entire bloc but it wo