French-German Rift Puts Voters and Markets On Edge

The dominoes continue to fall. The deepening of the Eurozone economic crisis claimed the sitting governments of Greece and then of Italy, and the biggest domino yet–French President Nicolas Sarkozy–trailed French socialist Francois Hollande after the first round of voting during the weekend. As the French political class began preparing this morning for the upcoming runoff between Hollande and Sarkozy, they were greeted with the expected news of the collapse of the Dutch government.