Tag: Nicolas Sarkozy

• Thursday, February 16th 2012 - 04:28 UTC

  French president Sarkozy confirms re-election bid; trails Socialist candidate by 15 points

  

  President Nicolas Sarkozy formally declared his candidacy for a second term on Wednesday seeking to overturn a wide poll lag with promises to get the unemployed back to work and use referendums to consult the French people on reforms.

• Tuesday, January 31st 2012 - 05:27 UTC

  EU agrees permanent rescue fund and 25 member back German budget discipline pact

  

  European leaders agreed on a permanent rescue fund for the Euro zone on Monday and 25 out of 27 EU states backed a German-inspired pact for stricter budget discipline, but they struggled to reconcile fiscal austerity with economic growth.

• Monday, January 2nd 2012 - 21:48 UTC

  Merkel and Sarkozy prepare for yet another round of Euro-rescue talks

  

  German Chancellor Angela Merkel and French President Nicholas Sarkozy have said they will meet next week to discuss the Euro zone debt crisis. Their first meeting of 2012 comes after all EU countries except the UK agreed to work together on a new treaty to stabilise the Euro zone.

• Monday, January 2nd 2012 - 01:00 UTC

  Sarkozy over burdened with a stagnant economy and elections next April

  

  French President Nicolas Sarkozy pledged in a grave New Year's message to find ways to pull the economy out of stagnation in the four months left before a presidential election and vowed no further public spending cuts.

• Tuesday, December 13th 2011 - 06:14 UTC

  Euro zone deal had to be supported by the ECB in its first test

  

  European summit deal to strengthen budget discipline in the Euro zone failed to restore financial market confidence on Monday, forcing the European Central Bank to step in again gingerly.

• Friday, December 9th 2011 - 07:12 UTC

  Euro rescue deal limited to 17-EU countries and with a March deadline

  

  Attempts to rescue the Euro will focus on a deal among the 17 nations that use the single currency, French President Nicolas Sarkozy said early Friday.

• Thursday, December 8th 2011 - 06:55 UTC

  Euro Day: EU leaders won’t leave Brussels summit until agreement is reached

  

  Pessimistic comments from Germany and new figures exposing deepening stress among Europe's banks dented financial market hopes of a turning point in the Euro zone's debt crisis at a summit this week.

• Wednesday, December 7th 2011 - 01:54 UTC

  S&P downgrade warning, “the best news” to find an EU solution, says Schaeuble

  

  German Finance Minister Wolfgang Schaeuble said Standard & Poor’s downgrade warning for 15 Euro- area governments will spur European leaders to double efforts to resolve the debt crisis at the Dec. 8-9 summit.

• Monday, December 5th 2011 - 20:24 UTC

  “Mercozy” Euro ‘fiscal control’ plan to be announced Wednesday

  

  French President Nicolas Sarkozy and German Chancellor Angela Merkel met in Paris on Monday to align their positions on centralizing control of Euro zone budgets to stem a debt crisis that threatens Europe's currency union.

• Monday, December 5th 2011 - 06:44 UTC

  Crucial week for Euro stability takes off in Paris with Sarkozy-Merkel meeting

  

  French President Nicolas Sarkozy and German Chancellor Angela Merkel meet on Monday in Paris the kick off for a round of talks involving European leaders, the European Central Bank (ECB) and US Treasury Secretary Timothy Geithner, culminating in Brussels on Friday with an EU summit.