Hollande!
Well, the French run off for the presidency is over and Sarkozy is out. Mr. anti-austerity Hollande is now the top man. What will it mean? Who knows. But one thing is clear. The political support for austerity is not what it was.
And I won’t even mention what is going on in Greece.
Paul Krugman weighs in, celebrating this as a victory for common sense.