All the best to Angela Merkel. She now seems to have a reasonably good shot at becoming the next German Chancellor, at the general election that will probably take place this fall (see here). It is going to be hard to tell exactly what she will do if elected, because to actually get elected she will basically have to try to hide her plans by being vague (this is Germany after all). However, if all goes well and she does manage to implement the reforms she has supported in the past, it will be a first step in the recovery of the German economy. At any rate, I suspect that a divorced Protestant, from an ex-communist country at the helm of a conservative party is just what we are looking for.