Bank head looking back to go forward

The chief of the Bundesbank is an austerity advocate, but his calls for further action, as well as the move to closer fiscal union, have seen him compared to the German leader who preceded Hitler, writes Kyran Fitzgerald

This has been a week for the German chancellor Angela Merkel to forget.

She arrives in Brussels for yet another crisis summit. The Italian prime minister, Mario Monti, stages an ambush at around the same time Mario Balotelli was heading in his first goal against Germany in the Euro 2012 semi-final in Warsaw.