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.
The favorite in France's presidential race says France won't approve the fiscal treaty 25 of 27 EU leaders agreed upon in December, according to Bloomberg. That said, he says he will try to renegotiate the treaty. Socialist presiden... Read Post
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
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