ASSESSMENTS

Worries on Austerity in France and the Netherlands

Mar 5, 2013 | 11:00 GMT

Worries on Austerity in France and the Netherlands
Dutch Prime Minister Mark Rutte (L), French President Francois Hollande (C) and German Chancellor Angela Merkel

BERTRAND LANGLOIS/AFP/Getty Images

Summary

The French and Dutch governments are growing increasingly uncomfortable with the evolution of the economic situation in the eurozone. The economic crisis is already having political consequences in the eurozone's periphery, and Paris and The Hague fear that popular discontent could spread to northern Europe. This situation will lead France and the Netherlands to exert greater political pressure on Germany to relax its push for austerity across Europe, a move that could harm the position of German Chancellor Angela Merkel's government ahead of Germany's September general elections.

Two core eurozone countries may soon pressure Germany to relax its demands for more austerity in Europe....

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