Despite a strong performance from far-right leader Marine Le Pen in the first round of France's presidential election, the bigger news was the success of Emmanuel Macron, an independent centrist who rode to victory with a counter-intuitive campaign that embraced globalization, immigration and the European Union.
If he does, it could open the door to more ambitious reforms of the French economy and an elusive compromise with Germany on overhauling the troubled euro zone.
He wants to pursue a comprehensive deal with Berlin that includes reform of the euro zone and closer cooperation on defense and migration.
"We will go to them with a list of options," Sylvie Goulard, a member of the European parliament and adviser to Macron who is seen as a possible foreign minister, told Reuters last month.
"Now is the time to ask ourselves what is the right architecture." Macron is in favor of transforming Europe's bailout fund, the ESM, into a full-blown European Monetary Fund, an idea that has supporters in Berlin.