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Mon dieu! Can Socialists really manage an economy?

Freelance journalist Alan Austin compares France’s economy under its Socialist government with the United Kingdom’s under the Conservatives.

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Le voila: Sarkozy’s legal troubles could be Hollande’s lucky break

Nicolas Sarkozy has denied any wrongdoing and says his arrest was politically motivated. But no matter the outcome of the charges, there is one clear winner: Francois Hollande.

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A win for the far-right in France’s municipalities race

France’s ruling centre-left party got a drubbing at this weekend’s municipal elections. That leaves a dilemma for France’s centre-right and left parties - how can they contain a resurgent National Front?

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The president, the girlfriend and the actress is oh so French

The French really wanted boring dependability with Francois Hollande, someone who would knuckle under and tackle the economy. But in this most French of sex scandals, they got somewhat more.

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Fallout spreads from Obama’s surveillance state

The National Security Agency is inflicting damage on both US businesses and US foreign policy as the extent of global surveillance becomes apparent.

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L’etat, c’est moi: French set new standard on MPs’ disclosures

French President François Hollande has asked his ministers to reveal their personal wealth. Crikey intern Kylar Loussikian asks: is it just a sop to public opinion, or useful in cracking down on dodgy dealings?

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Richard Farmer’s chunky bits

Julia Gillard has been well received by China, and other political views along the way.

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Hollande’s premature victory soiree ignores fragile Mali

French President Francois Hollande is claiming victory against the Islamic insurgents in Mali after a quick campaign. But that’s ignoring the Islamic fighters hiding near Algeria.

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France’s socialist budget experiment — revolution or ruin?

The French budget answers some questions and raises quite a few more, writes Alan Austin from France. Taxing the rich more is a big political achievement.

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The Jackson Hole vibe: stimulus or bust

As central bankers meet at Jackson Hole this weekend it’s clear the only option left to prevent further global slowdown is to hit the stimulus button again, writes Stephen Koukoulas of Business Spectator.

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Europe caught between Merkel and a hard place

As Angela Merkel steps up her already rock solid resolve that Greece should remain in the eurozone, others are equally adament lending conditions should be relaxed. Who’ll blink first, asks Stephen Koukoulas of Business Spectator.

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Maley: first shots in the battle for Spain?

Financial markets will remain tense this week, as investors wait to see whether Europe will finally fire the first shots in the “Battle for Spain”.

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Great news for financial traders

Out came the latest set of employment figures showing a few changes and down went the value of the Australian dollar.

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Rundle: scenarios for eurozone bust-up — Spanic, Quitaly, Fixit

God knows how they did it, but the good burghers of the EU appear to have pulled off a miracle — they’ve timed the collapse of the euro to coincide with the European Cup, thus performing the rare double-blinder.

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Merkel cool on fund flexibility as leaders back growth package

When German Chancellor Angela Merkel agreed to a meeting of European leaders in Rome on Friday, she already had her eye on the exit, writes Josephine McKenna, an Australian freelance journalist in Rome.

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Greece and France deliver differing verdicts from voters

The important election result from the weekend was from France, where pro-growth policies have received a strong endorsement, write Glenn Dyer and Bernard Keane.

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Optimism tempered with realism is the challenge in France

France’s newly elected president Francois Hollande received an overwhelming endorsement of his leadership, Alan Austin, a freelance writer and journalist, reports from France.

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Maley: Europe won’t swallow Merkel’s soother

German Chancellor Angela Merkel will have to perform a wily balancing act at tonight’s summit of European leaders. Growth strategies have to be combined with deficit reduction.

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Maley: negotiating in eurozone hell

Although global markets staged a rally overnight on fresh hopes of Chinese stimulus, many observers are wary of the growing fractures that are emerging in Europe.

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New French government off to a moderate start

France has a new ministry under prime minister Jean-Marc Ayrault, appointed by new president François Hollande. So who’s in it and what does it mean for the French agenda?

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Come in Spinner: a new narrative for Julia Gillard

Australians pride themselves on their resilience and the belief in our resilience is so strong that it can be used as a basis for a national narrative.

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Gulf News | EUROPE|

Francois Hollande sworn in as French president

France’s first Socialistic president in 17 years, Francois Hollande, has been sworn into office before dashing off to Berlin to challenge European austerity measures, reports Reuters.

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Chaos reigns in the slow-motion train wreck that is Greece

Greece has nothing going for it, except tourism but that is overshadowed by close to €300 billion in known debts, the financial equivalent of a black hole that could suck the rest of Europe and global finance into it.

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RBA hints at more economic pressures as $A hits US parity

The Australian dollar dropped through parity with the US currency today for the first time in nearly five months.

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Celebrations in France, trepidation elsewhere in Europe

As expected France lurched to the left yesterday and elected François Hollande as its president, writes Alan Austin, an Australian freelance journalist, in France.

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