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France now has a socialist president

last yearOdd : TYWKIWDBI

This should be interesting. I know nothing about him, but read this in the BBC story today:He said he would push ahead with his pledge to refocus EU fiscal efforts from austerity to "growth". "Europe is watching us, austerity can no longer be the only option," he said. Mr Hollande has called for a renegotiation of a hard-won European treaty on budget discipline championed by German Chancellor Angela Merkel and Mr Sarkozy.
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France rebuffs EU warning on pension reform

Business & Finance : Business Report (last year)

France's new Socialist government will push ahead with plans to lower the pension age for people deemed to have worked long enough, Finance Minister Pierre Moscovici said. ||| France's new Socialist government will push ahead with p... Read Post

Hollande industry goal meets Peugeot town reality

Business & Finance : Business Report (12 months ago)

When France's new Socialist president, Francois Hollande, pledged to turn back the clock on France's long manufacturing decline. ||| When France's new Socialist president, Francois Hollande, pledged to turn back the clock on France'... Read Post

UBS' George Magnus: As Europe Pushes Back Against Austerity, Its Fiscal Compact Needs These 5 Changes

Business & Finance : Business Insider: Money Game (last year)

Europe's growth v/s austerity debate has been very divisive, and we've seen austerity protests take center-stage in Spain and Greece. In his latest note, George Magnus, UBS's senior economic advisor says the eurozone suffers especia... Read Post


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