December 12, 2012

France's Socialists More Bark than Bite

Chris Caldwell, Weekly Standard

AP Photo

Ever since France’s Socialist president François Hollande arrived on the world stage, he has faced questions from his party rank-and-file. Is he radical enough to stand up for the left, as his rhetoric would indicate? Or willing to cut compromises with capitalists, as his career would indicate? He and his cabinet often claim to be acting in the spirit of Barack Obama. Much as the president has tried to make oil companies surrender leases they aren’t exploiting, Hollande campaigned on forcing companies that want to close down a production site to seek a buyer for it. Hollande’s recovery minister, Arnaud Montebourg, gave an interview to CNBC recently in which he defended the idea of nationalizing industries. “Barack Obama’s nationalized,” he...

Read Full Article ››

TAGGED: Francois Hollande, Eurozone, Europe, France

RECOMMENDED ARTICLES

November 29, 2012
Is Syria the Start of France's Reemergence?
Martin Michelot, GMF
  French President François Hollande faces no shortage of domestic problems following the unveiling of his government's controversial budget. But at a November 13 press conference, Hollande diverted attention to... more ››
December 3, 2012
Farewell to Europe
Clyde Prestowitz, Foreign Policy
Through all the vicissitudes of mid-night negotiations, I admired the dedication and vision of the negotiators who were building the European Union. I believed in the vision of a united Europe and welcomed the advent of the Euro... more ››
December 3, 2012
France Joins the Stealth Drone Club
John Reed, Killer Apps
Happy Monday. To kick this week off we thought we'd bring you these pictures showing that France has become the second nation in the world to (publicly) fly a stealth UAV. These images show Dassault's nEUROn (yes, it's really... more ››
December 6, 2012
Why Obama Scares Europe
Pawel Swieboda, Foreign Affairs
Central and Eastern Europe feels abandoned by the United States. more ››
December 5, 2012
Europe's Bipolar Disorder
Milton Ezrati, The National Interest
Europe clearly has bipolar disorder. Its summits demand a single-minded focus on austerity, to correct past budget excesses. Then many of its politicians, most especially France’s Francois Hollande, reject such notions out... more ››