Sarkozy is out, Hollande is in. Will this signify a turning point in Europe's long economic recession?
Economic stimulus versus government spending cuts. Will he do it ? Can he do it? Will it work, if he does spend, spend, spend ? The end of the Euro Zone ?
11 Answers
Mr. Hollande is the first Socialist to win french presidency since 1980.
He is telling supporters his victory gave hope to an end of austerity and will focus on growth.
He feeds a new sense of hope in the country, especially among the young, that amid austerity there can be jobs and salaries. Mr Hollande offers a new start - but the debt problems in France are still the same.
It depends on renegotiationson the European treaty on budget dicipline agreed on by German Chancellor Angela Merkel and Mr. Sarkozy.
12 years ago. Rating: 9 | |
Angela Merkel has told Hollande that the EC fiscal pact cannot be renegotiated, so where he is going to obtain the finance to rejuvenate the French economy is uncertain at this point.
I suggest Americans make their vacations in France this year ; that will help.
12 years ago. Rating: 9 | |
Hollande's hands are tied.
Not too bothered about France, the Greek people have spoken in their election by voting in 20 Neo-Nazi MPs, times are getting a little scary in some parts of Europe.
12 years ago. Rating: 8 | |
Tax the rich, protect the middle class and upgrade education…a socialist platform looks ok for now. It’s all a social experiment that is as reliable as the Titanic’s Madden Voyage regardless of who is in office. Just when things are going well, its “Full steam ahead” into the fog. Our leaders just don’t seem to understand that confidence and enthusiasm are warning signs, not signs of safety and security. The action that is called for is to shore up the foundations and proceed at a reasonable pace.
12 years ago. Rating: 7 | |
Tax the rich, protect the middle class and upgrade education…a socialist platform looks ok for now. It’s all a social experiment that is as reliable as the Titanic’s Madden Voyage regardless of who is in office. Just when things are going well, its “Full steam ahead” into the fog. Our leaders just don’t seem to understand that confidence and enthusiasm are warning signs, not signs of safety and security. The action that is called for is to shore up the foundations and proceed at a reasonable pace.
12 years ago. Rating: 5 | |