Eyes on euro fighter Macron

Not for the first time in recent years, Greece's fate is being decided outside of its borders. Representatives of the country's lenders, in the formation known as the Washington Group, met at the sidelines of the G7 summit in Bari, Italy, to discuss debt relief. The next milestone in this crucial discussion will be at the May 22 Eurogroup in Brussels.

However, as vital as a settlement on restructuring Greek debt is, another discussion has just begun abroad that could prove even more decisive for the country's future.

German Chancellor Angela Merkel is due to host Emmanuel Macron in Berlin on Monday in the first meeting between the two politicians since the latter secured an impressive victory in the French presidential elections. The meeting will give us a first taste of how their relationship might evolve.

The nature of their association is likely to act as a...