Socialist President François Hollande’s promise to create social “justice” by raising taxes on France’s wealthy overturned …
euro crisis
A Deeply Divided European Union Faces Its Own Budgetary Cliff
France, Germany and Britain become central antagonists in more general discord over a multiyear E.U. budget — and risk preventing Europe from fulfilling one of its most basic operational tasks
Amid His U.N. Visit, François Hollande Is Haunted by French Economic Woes
Escalating economic and employment woes, as well as serious rifts within his leftist majority and Cabinet, cast a dark shadow over French President François Hollande’s moment in the international sun as he addressed the U.N.
In Autumn’s Challenges, a Series of Existential Crises for the Euro
The fate of the euro will be repeatedly tested in coming weeks, as the European Central Bank, markets, legal experts and politicians all weigh in from opposing sides in the struggle to preserve the tormented common currency
French President Hollande Embarks on His Own Mission Impossible
Under fire for not moving faster to mend France’s economy, Socialist President François Hollande is both pushing for further stimulus spending while also trying to slash budgets.
Who Is François Hollande? What You Need to Know About France’s Next President
Most of the world now knows François Hollande as the man who won France’s May 6 presidential election, and in so doing made incumbent Nicolas Sarkozy the nation’s first single-term head of state in 31 years. Many people have …
Why Voters in Europe Want a Change of Tactics in the Euro Crisis
Given the catastrophic mantra rising in media reports and from certain pundits, one contrarian point needs to be made clear: democracy can’t and won’t kill the debt-stricken euro. As Europeans at the ballot box are …
Rambo Amadeus’ ‘Euro Neuro’: Eurovision Takes On the Euro Zone
Rambo Amadeus, who describes himself as “one of the most prominent cult figures on the ex-Yugoslav music scene,” made a name for himself as a musical freedom fighter. In 1989, with the communists still pulling the strings in …
The French on a Credit Downgrade Threat: Pick on Britain
Tis the season—for painful downgrades by credit agencies that is, as Thursday’s move by Fitch targeting six of the world’s largest banks again shows. And indeed, because such action is now so common, the big question …
Is Sarkozy and Merkel’s New Debt Proposal The Beginning of The End To The Euro Crisis?
The details of the campaign by France and Germany to save the euro became a little clearer Monday though substantial questions about it remain as the week winds toward a European Union summit on the euro crisis summit on Friday. …