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FTSE 'Cautious' As Eurozone Crisis Returns

3 years agoNews : The Coming Crisis

On opening after the long bank-holiday weekend, the FTSE 100 index dipped by 0.1% before edging back to trade up by 0.1%. Political uncertainty returned to the eurozone after socialist Francois Hollande beat current president Nicolas Sarkozy in the French presidential election, and the general election in Greek failed to produce an outright winner.As both results indicated a public and political sea change against austerity, the eurozone sovereign debt crisis entered a new chapter - sending markets within the single currency bloc into chaos.
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See more about: Francois Hollande

Hollande faces host of headaches on return from holiday

News : The Newsroom (4 months ago)

President Francois Hollande faces a mountain of problems when French political life restarts after the long summer holidays. The government on Wednesday will hold its first cabinet meeting of what is known as the political "rentree,... Read Post

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

News : The Coming Crisis (3 years ago)

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 tear... Read Post

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 ... Read Post


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