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<p>Today we – and the Habsburgs – stride back on to the grand stage of European politics. Not with a titan of history or monarch whose long and fruitful reign resonates across the centuries, but with Friedrich III, better known as the Reichserzschlafmütze - the imperial arch sleepy head, Or perhaps more fittingly the imperial arch dawdler.</p><p>He ruled from 1440 to 1493, a total of 53 years - the longest reign of any Holy (or unholy) Roman Emperors (bar Constantine VIII). And yet, is also the most derided of reigns. In 1878 the Historian Georg Voigt sneered: “<em>He was not remotely capable of handling such far-reaching politics, leaving Bohemia to its own devices, the Hungarian throne dispute to the helpless queen dowager, Austria to the arrogant dynasts, and the mercenary and robber bands.” “His light, simple hair, his long face with little movement, and his sedate gait betrayed a sluggish, deliberate nature, to which any enthusiasm, indeed any excitement, was alien. His love of pe...