August 26, 2014

A Belated Day of Reckoning for France

Jonathan Fenby, Financial Times

The Associated Press

After two years of compromise, France’s President Normal has met his moment of truth. The stand-off between François Hollande, the Socialist head of state, and the leftwing of his own party that erupted at the weekend, resulting in the purging of anti-austerity leftwingers from the government, has ramifications stretching far beyond the immediate confrontation. These will have significant implications both for the way France is run and for Europe. There is a distinct possibility of a period of chaos, reflecting the deep concerns at the root of the morosité under which the EU’s second state is labouring.

Read Full Article ››

TAGGED: Eurozone, Francois Hollande, Europe, France


Anyone thinking of voting Labour in next year’s general election in the hope of seeing Ed Miliband in No 10 need only look across the Channel to be disabused of such foolhardiness. In France, François Hollande... more ››
August 15, 2014
France Is Now the Eurozone's Weakest Link
Alister Heath, Telegraph
It is hard to exaggerate the trouble that Francois Hollande, France’s president, now finds himself in. It is not just that his popularity has collapsed and that his misguided stewardship of the French economy has ... more ››
August 25, 2014
France's Fake Crisis Boosts the Far Right
Leonid Bershidsky, Bloomberg
France is reshuffling its government for the second time in 147 days because at least two leftist ministers rebelled against Prime Minister Manuel Valls's pro-business, anti-spending inclinations, such as they are. As... more ››
August 17, 2014
Continental Drift Could Scupper Euro Recovery
Daily Telegraph
All of a sudden, the euro crisis is back, though in truth it never really went away. The latest economic figures from the eurozone make bleak reading. Germany, the continent’s biggest economy which appeared to be on the mend,... more ››
August 27, 2014
France & Friends Letting Germany Conquer Europe
Milton Ezrati, TNI
Without fundamental fiscal reform, the economies of the European periphery will be weak and increasingly subject to Teutonic domination. more ››