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Is François Hollande the right man for french presidency and EU ?




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Opened by Guillaume Fournier, Sales executive, HP Enterprise Services
May 17, 2012.



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Antoine Fournier Head of ECM, Input and Output management, Zurich Insurance
May 23, 2012

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I believe it is a matter of opinion, but it is obvious that this election had a direct impact on current EU policy in terms of austerity plan. François Hollande's voice raised during the campaign, and his statement that austerity must not be the only strategy applied in the European community, starts to be widely spread and discussed.

Nicolas Sarkosy and Angela Merkel did most probably a great job to avoid the whole EU to fail on a short or medium term. In the case France would have been leaded by Segolène Royal, former french socialist candidate (and François Holland ex-wife), defeated by Nicolas Sarkozy in 2007, such common view on crisis gravity would not have been shared by France and Germany. We can imagine where the EU would be today. The real partnership GE/FR, with the so-called "Merkosy" tandem, was very efficient to stand the first wave in October 2007 (subprime) and the second one in 2008/2009 (banking).

As most of the analyst already pointed, we are now in the debt crisis, that will be very much longer to overcome, and the same receipt cannot be applied then. Austerity only will put European people on their knees, and may postponed growth to an uncertain and far future : without a bit of growth, the debt will not be solved (eventually just limited to its actual rate).

In that sense, I may admit that François Hollande impact on EU policy is the right one at the right time.

Let's see how this man will convince Germany to stay IN the EU, controling states debts, meanwhile people in Greece, Italy, Spain and Portugal (and France?) obtain more state expenses ...
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