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ArtikelBail-outs? Bof; France and the Euro  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 400 no. 8743 (Jul. 2011), page 43.
Topik: Bailouts; Euro; Politics; Government Aid
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    • Nomor Panggil: EE29.67
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Isi artikelWith his poll numbers at near-record lows, President Nicolas Sarkozy does not have much to be thankful for these days. But, in a crucial week for the euro zone, he can draw some comfort from the surprising way that the French have reacted to the sovereign-debt crisis. Unlike the Germans, who seize every opportunity to denounce Chancellor Angela Merkel for using their hard-earned money to rescue feckless southern Europeans, the French do not seem to mind a bit. France has contributed around EUR 11 billion so far to the Greek bail-out, roughly the same as Germany. In the euro zone's other creditor countries, such as Finland and the Netherlands, the cost of the rescues has been the source of fierce argument. Yet in France there has been almost no public debate over whether to help Greece or other troubled peripheral countries. No mainstream political party contests the view that everything must be done to save the single currency.
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