August 29, 2014

The Fall of France

Paul Krugman, New York Times

The Associated Press

Francois Hollande, the president of France since 2012, coulda been a contender. He was elected on a promise to turn away from the austerity policies that killed Europe’s brief, inadequate economic recovery. Since the intellectual justification for these policies was weak and would soon collapse, he could have led a bloc of nations demanding a change of course. But it was not to be. Once in office, Mr. Hollande promptly folded, giving in completely to demands for even more austerity.

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TAGGED: Eurozone, Europe, Francois Hollande, 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 26, 2014
A Belated Day of Reckoning for France
Jonathan Fenby, Financial Times
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,... more ››
August 28, 2014
Hollande Stands His Ground on Austerity
Konrad Yakabuski, Globe & Mail
On Monday night, French President François Hollande stood outside Paris City Hall after what might euphemistically be called a very long day at the office. Hours earlier, he had dissolved his 147-day-old cabinet to quash a... more ››
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France's Fake Crisis Boosts the Far Right
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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 ››