Hammond Said to Ditch EU Single-Market

The video discusses Phillip Hammond's potential willingness to give up single market membership while maintaining access, reflecting the UK's political reality post-Brexit. The EU's firm stance on free movement as a condition for market access is highlighted, with Angela Merkel's position on maintaining EU unity. The shift from austerity to fiscal stimulus in Germany, led by Wolfgang Schauble, is explored, noting its political implications amid upcoming European elections and the Italian referendum.

What changes have been observed in Germany's fiscal policy recently?

How might the upcoming Italian referendum impact the EU's political landscape?