And in Europe…

Its been a big news week in Europe.

The entire Dutch cabinet has resigned following a scandal where the tax authorities unfairly targeted minorities with demands to repay childcare benefits. This, in one of Europe’s biggest corporate tax havens. The government was already in caretaker mode thanks to elections in March, which Prime Minister Mark Rutte’s party is still expected to win.

Because its the Netherlands, he rode his bicycle over to see the King and hand in his resignation.

Elsewhere, Angela Merkel’s 16 year reign is coming to an end. She will not be contesting the coming elections in October, and her party has just selected its new leader, a candidate who promises to continue her centrist legacy.