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MercoPress, en Español

Montevideo, May 8th 2024 - 02:11 UTC

Stories for August 26th 2014

  • Tuesday, August 26th 2014 - 01:47 UTC

    French government and opposition in disarray; Euro austerity biting

    Prime Minister Manuel Valls had handed in his government's resignation, opening the way for a reshuffle just four months after it took office.

    French President Francois Hollande asked his prime minister on Sunday to form a new government, looking to impose his will on the cabinet after rebel leftist ministers had called for an economic policy U-turn. The surprise move came the day after outspoken Economy Minister Arnaud Montebourg had condemned what he called fiscal “austerity” and attacked Euro zone powerhouse Germany's “obsession” with budgetary rigor.

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