Could the end of the Greek debt crisis be in view—and with it the pressure that has put the very future of the euro in jeopardy? That’s the hope behind a draft deal French President Nicolas Sarkozy confirmed Monday, under which France’s private banks holding some $21 billion in Greek sovereign debt would roll nearly 70% of that …
Nicolas Sarkozy
Following U.S. Lead, France Announces Afghan Troop Withdrawal
Just hours after U.S. President Barack Obama announced his timetable for withdrawing troops from Afghanistan, his French opposite Nicolas Sarkozy followed suit by revealing Paris’ plan to also gradually bring soldiers in its Afghan contingent home. The swiftness of Sarkozy’s decision—which clearly followed consultation with …
In Libya, the Clock Is Ticking Toward NATO Failure
Western leaders may insist that Libyan leader Muammar Gaddafi is weakened, isolated, irrelevant, and about to bow out, but their words hide hide a growing anxiety in Western capitals about the implications of his tenacity. Three months and counting into a bombing campaign that has yet to force out the regime, there’s growing …
Et Tu, Jacques? Chirac Backs Socialist Over Sarkozy For 2012 Presidential Election
It’s certainly not a kill shot, but the re-election hopes of French President Nicolas Sarkozy have taken another groan-eliciting body check—this time from Elysée predecessor Jacques Chirac, who said he’d vote for a leading Socialist rival François Hollande over his fellow conservative. However, given Chirac’s previous status as …
Jacques Chirac’s Presidential Memoir: A Sarkozy Smack-Down
So much for locking his lips and throwing away the key. Just four years after leaving the Elysée with a pledge to never, ever comment on his successor and erstwhile foe Nicolas Sarkozy, former French President Jacques Chirac is now dishing some less than flattering views on France’s current head of state—and only 11 months ahead of …
In “Post-DSK” France, Minister Falls To Accusations of Sexual Harassment
Is the downfall of former International Monetary Fund chief Dominique Strauss-Kahn amid charges of attempted rape in the U.S. inspiring women in France to denounce the sexual coercion and aggression they’ve suffered from men for so long? The resignation Sunday of a French government minister accused of sexually harassing and assaulting …
Angela Merkel Backs a European for the IMF Job. But Which European Can She Have in Mind?
This morning Angela Merkel made clear that she wishes to see a European replace Dominique Strauss-Kahn at the helm of the IMF. “It is of course of great importance that we find a quick solution,” she added.
The German Chancellor carefully avoided any hints as to which of the various Europeans mooted for the IMF candidacy might receive …
Conservative France Celebrates a Socialist President
If it’s May 10 in France, it must be François Mitterrand Day. Not officially, of course (while the nation has named a library, an embankment of the Seine, and other venues after the late president, it hasn’t gone so far as to honor him with an actual public holiday. Yet…). But anyone passing through France or perusing its national …
Why European Conservatives Are Bashing Multiculturalism
As Ronald Reagan might have said with a disapproving shake of the head, “There they go again”. Faced with souring domestic political prospects, Europe’s top three leaders have sought to stoke flagging support by telling their societies to beware of nefarious foreign influences—especially from fellow citizens from minority groups. …