The outcome of the French elections will have a significant impact on the future of austerity and growth in Europe - and the ‘Fiscal Compact’ has become a major topic in this context. As part of our Reinventing Europe project, Sebastian Dullien explains in more detail how the ‘Fiscal Compact’ actually shapes fiscal policy and austerity in Europe and argues that a meaningful 'Growth Compact' may provide the best way forward. Jose Ignacio Torreblanca seems to agree and says that it's time to say “basta” to the nonsense of austerity.
Ulrike Guerot does not think that Hollande is the ‘most dangerous man in Europe’. On the contrary, Hollande might be the right president to reform the French economy and reinvigorate Franco-German relations. Thomas Klau is also convinced that Europe should have no real reason to fear Hollande's victory.
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