Hollande will be the country's first socialist president in 17 years, since Mitterrand.
Hollande needs tough talks with Chancellor Angela Merkel on her tight fiscal restraints Germany has imposed on the Eurozone.Failing to reach logical end Merkel is unlikely to back down, the joint currency could be back at the brink of meltdown in a matter of weeks. Euro plunge in Asian and Pacific trade after elections in France and Greece rekindled concerns over Europe's sovereign debts and credit problems.
Francois Hollande advocated unity among the French people while delivered a speech before many thousands of voters and supporters at Paris's Bastille square early Monday morning. He said the French people's choice for change is part of a movement rising throughout Europe. He further said people everywhere are looking to the French people to end this period of austerity.Hollande advocates adding economic growth policies to measures on tackling the European credit crisis.
Political experts expressed concern over potential discord with Germany. German Chancellor Angela Merkel has led the efforts along with President Sarkozy to impose austerity measures.Hollande plans to visit Germany immediately after taking office to discuss these issues with Merkel, probably in mid May.
Francois Hollande, delivered a speech before tens of thousands of supporters at Paris's Bastille square early Monday morning. Francois said the French people's choice for change is part of a movement rising throughout Europe. Further said people everywhere are looking to the French people to end this period of austerity.
Hollande advocates adding economic growth policies to measures on tackling the European credit crisis.
Experts observers expressed concern over potential discord with Germany. German Chancellor Angela Merkel has led the efforts along with President Sarkozy to impose austerity measures
No comments:
Post a Comment