Crisis du jour: why French ministers are saying au revoir to Hollande’s agenda

By Amber Plum

Three high-ranking ministers jumped overboard today, after Economy Minister Arnaud Montebourg spent the weekend hanging the Socialist Party’s economic policy out to dry on national television, with dramatic calls for an end to austerity and a shift to business-targeted stimulus. "Today, the whole world presses us, begs us even, to end these absurd austerity policies which keep pushing us further into recession and soon deflation" Montebourg said, according to the transcript of the televised statement, translated by Business Spectator. “Serious and distinguished economists, directors of international institutions, chiefs of government, former and current, global ministers are all in concert in international condemnation of our politics.

Read more here: Business Spectator


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