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French, Greek voters say no to austerity

The Washington Post, 7 May 2012
Publié le : 7 mai 2012
 Anthony Faiola 
LONDON — Voters in France and Greece redrew Europe’s political map Sunday in a powerful backlash against the German-led cure for the region’s debt crisis: painful austerity.

In France, voters swept Francois Hollande into the nation’s highest office, ejecting President Nicolas Sarkozy and bringing the Socialists back to the Elysee Palace for the first time in 17 years. Along with Germany’s Angela Merkel, the blunt-talking Sarkozy was a chief architect of Europe’s push to restore confidence in the euro through tough fiscal discipline. In contrast, Hollande vowed to focus on economic growth, arguing that the singular emphasis on spending cuts has weighted down Europe with recessions and soaring unemployment.

Yet potentially more disruptive to Europe’s crisis management plans, furious voters in Greece dealt a powerful blow to traditional parties that backed the tough terms of the country’s massive international bailout. The result left centrists in Athens scrambling to form a fragile new government against strengthened ranks of the far left and right.

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Mise à jour le 7 mai 2012
Créé le 7 mai 2012
ISSN 2107-7029
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