This looks almost 1943-ish, except a mistake will still cost you big. Me, I would just grind whatever is in front of me to the Don River, and then dig in. Nothing too fancy, and less risk for less reward. The northwest is a trickle at the moment, but has the makings of an avalanche unless dealt with soon. I think you are right, strategically south east is the best direction to push for Germany. Northwards just leads to Russians, and more Russians, and more Russians, and........(repeat to infinity).
Edit: I keep checking out the maps to think what I would do, and I don't think I have enough manpower as Axis to make it happen. I would create a fortified line from Lake Ilmen south through the Valdai and on the Dnepr, make you attack the tip of the bulge, even though losing men buying time. The middle is just way too deep to slog through your lines, and south of Kharkov is a debacle. Trying to move you east of the the D&Z zone, and beyond all hope, as far back as the Mius River. I don't know is that is all possible and keep up a major offensive. The Romanian losses are already coming back to bite him in the butt, and it looks like you'll be adding the Hungarians to that rack this summer.
Budapest in 1943, anyone?
< Message edited by Scook_99 -- 2/4/2013 10:17:41 PM >