January 17, 2012

French Downgrade May Shift Europe's Center of Power

The Guardian, The Guardian

AP Photo

The downgrade's real significance is in flooding political poison into the continent's heart.

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TAGGED: France, Germany, Nicolas Sarkozy, Finland, Eurozone


January 11, 2012
Italy & France Team Up Against Germany
Hans-Jurgen Schlamp, Spiegel
Germany has long insisted that austerity be the primary strategy used in confronting the ongoing euro-zone debt crisis. Italy has now joined France in demanding a more nuanced approach. Prime Minister Monti will present his... more ››
January 10, 2012
Merkozy Rides Again
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The main significance of the Merkozy summit is that it seemed to signal a shift in emphasis. True, the austerity agenda - promoted by the Germans and grudgingly accepted by the French - is still there. Indeed, Mr Sarkozy... more ››
January 14, 2012
Sarkozy's Election Hopes Downgraded
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After weeks of speculation, Standard & Poor's has finally downgraded France, alongside eight other euro-zone countries. Europe's second-largest economy saw its coveted triple-A rating slashed one notch to AA+ by the... more ››
January 12, 2012
France's Surreal Presidential Race
John Vinocur, New York Times
Neither Nicolas Sarkozy, who has been a brash president for the last five years, or the presumedly bland Francois Hollande, named Socialist candidate on Oct. 16, is talking about the perspective for painful change. more ››