Post Profile






Au revoir, austerity! New Euro crisis as French and Greeks reject cuts and vote for return to ruinous spending

3 years agoNews : The Coming Crisis

Europe is facing a fresh economic crisis after France rejected austerity and elected a tax-and-spend socialist president. Nicolas Sarkozy suffered a humiliating defeat at the hands of Francois Hollande, who ran on a platform of tearing up last December’s controversial deal to save the euro from oblivion.The Euro plunged to a three-month low as the inexperienced Mr Hollande planned talks with the European Central Bank and German Chancellor Angela Merkel to demand further borrowing to boost growth.
read more

share

Related Posts


Nicolas Sarkozy's nemesis: Who is Francois Hollande?

News : The Week: News & Opinion (3 years ago)

French President Nicolas Sarkozy is on the ropes after finishing behind Socialist challenger Francois Hollande in the first round of France's presidential election. Both candidates returned to the campaign trail on Monday after the ...

Sarkozy Defeat Prompts Euro Death Watch, Carla Bruni Reported "Disheveled"

News : Reason (3 years ago)

French President Nicolas Sarkozy's action-packed six-year term has ended in defeat at the hands of Socialist challenger François Hollande. Hollande, who ran on pledges to raise income taxes, ook a little less than 52 percent to Sark...

Socialist Party Candidate Defeats Sarkozy In French Presidential Election

News : Mediaite (3 years ago)

Nicolas Sarkozy has officially conceded defeat in France's presidential race, meaning the next leader of the French Republic will be Socialist Party candidate Francois Hollande. Hollande was pushed into office by voters not necessar...

French vote in decisive run-off election between Sarkozy and Hollande

News : Yahoo! News: The Upshot (3 years ago)

PARIS - France voted in a presidential run-off election on Sunday that could see Socialist challenger Francois Hollande defeat incumbent Nicolas Sarkozy by capitalizing on public anger over the government's austerity policies.

'Seismic Shift' In Europe After French And Greek Elections

News : The Two-Way (3 years ago)

The election of Socialist Francois Hollande in France and the rejection of austerity policies in Greece raise serious questions about the future of the euro and the fate of the continent's economic union. Financial markets are down ...

Comments



Copyright © 2015 Regator, LLC