''The much-maligned and long-drawn-out project to save the euro faced two crucial tests on Wednesday. The first bit of good news for those who do not want to see the euro area break up came in the morning, when Germany’s constitutional court gave the green light for the operation of the European Stability Mechanism, the Eurozone’s permanent rescue fund. Then, at night, there was further cause for rejoicing: In parliamentary elections in the Netherlands, it emerged that Dutch voters had returned an unexpectedly clear pro-European verdict, rejecting the far right’s anti-bailout populism and the hard left’s more moderate skepticism of the euro..''
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