The extent to which there is greater clarity in terms of one party clearly being able to form a coalition that has a majority in both houses would be helpful from a policy perspective.
There are no numbers, there are very few deadlines and not an awful lot of ownership of these plans, and so it is a disappointment.
It's hard to accuse them of being behind the curve. If anything they're being a bit too rigid. Wage pressure has proved to be modest. The ECB will probably be looking to see slowing in housing credit growth.
It's hard to accuse them of being behind the curve.
