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NEWS ABOUT: Nicolas Sarkozy

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Czechs, Brits Reject Deal to Save EU Economy

Critics attack European Union's fiscal belt-tightening deal

(Newser) - The Czechs thought about it, and they said no. All other 27 EU member states except Britain agreed today to join a compact to impose budget discipline on fellow nations, the BBC reports. British Prime Minister David Cameron had already refused to take part, saying that ceding control of his... More »

Sarkozy Unveils 'Robin Hood' Tax

Financial transactions to be taxed starting this summer

(Newser) - With the French presidential election just three months away, Nicolas Sarkozy took to the airwaves last night to tell voters about a tax hike. The president announced a sales tax rise from 19.6% to 21.2% and a new "Robin Hood" tax on financial transactions, the BBC reports.... More »

Sarkozy Wants Out of Afghanistan Next Year

France will withdraw combat troops by the end of 2013

(AP) - France and Afghanistan agree NATO should speed up by a year its timetable for handing all combat operations to Afghan forces in 2013, President Nicolas Sarkozy said today, raising new questions about the unity of the Western military alliance. Sarkozy also announced that all French combat troops will leave the... More »

France Toughens Citizenship Gauntlet

Now citizens must pass test of language, 'values'

(Newser) - Bad news, Francophiles: It just became harder to become French. Nicolas Sarkozy’s government has just thrown up some tough new hurdles for would-be French citizens, requiring them to pass a difficult language test (foreigners will need to speak French at the level of a French 15-year-old) and swear allegiance... More »

Snub? Sarkozy, Cameron Have Handshake Fail

Even body language is under scrutiny at euro summit

(Newser) - Britain's Daily Mail is calling it "Le Snub!": Reading much (maybe too much?) into the body language of Nicolas Sarkozy and David Cameron, it says the French president dissed the UK prime minister by blowing off Cameron's handshake at today's high-stakes European Union summit. (Britain... More »

Brits Refuse to Back New Europe Pact

But 23 nations agree to austerity measures in new accord

(Newser) - After strenuous negotiations, 23 of the 27 nations of Europe agreed to government spending and borrowing caps to be outlined in a new pact—but a unified treaty was blocked by Britain. Negotiations broke down largely over London's demands for future protection from financial regulations forged by France and... More »

As Summit Looms, ECB Slashes Rate Again

Meanwhile, Merkel and Sarkozy try to drum up support for plan

(Newser) - The European Central Bank slashed rates for the second time in as many months today, ahead of a crucial EU summit that could determine the fate of the euro. Analysts had expected the cut, which brings the key rate from 1.25% down to 1%, but sources tell Bloomberg that... More »

Sarkozy, Merkel Announce Plan to Save Euro

Meanwhile, Italy announces austerity measures

(Newser) - Nicolas Sarkozy and Angela Merkel sat down for a working lunch in Paris today, and emerged with a joint statement calling for big changes to the euro zone’s governing treaties aimed at preventing future crises. Their vision includes a new European monetary fund, zone-wide deficit limits, and automatic penalties... More »

Clutching at Straws

Euro leaders must embrace real fiscal union before it's too late

(Newser) - With the survival of the eurozone at stake, European leaders are aiming to complete a plan this week that will transform the region and save the euro, reports the New York Times . Despite major differences that remain between Angela Merkel and Nicolas Sarkozy, a four-point deal is taking shape, including... More »

Sarkozy: Change—or Kiss Eurozone Goodbye

At odds with Germany over ECB, deflation, budget enforcement

(Newser) - French President Nicolas Sarkozy yesterday called for changing the eurozone treaty to make a tighter, stronger union, and demanded more budget discipline, increased help for foundering economies, and replacing countries' veto rights with qualified majorities, reports Reuters . He also called for the European Central Bank to be more interventionist and... More »

Clues Are Adding Up: Was DSK Framed?

Details of Dominique Strauss-Kahn's visit to Sofitel suggest conspiracy

(Newser) - Dominique Strauss-Kahn: a vile rapist, or the victim of a brilliantly executed political plot? An article in The New York Review of Books combs through room key records, a hotel video, and details of a lost Blackberry during the fateful day—May 14, 2011—when DSK had a sexual encounter... More »

France, Germany Discussing Pared Down Euro Zone

Controversial plan means some countries would be out

(Newser) - German and French officials have had “intense consultation” at “all levels” in recent months about the possibility of slimming down the euro zone to its strongest members, and then more closely integrating the fiscal policies of those countries, sources tell Reuters . “You’ll still call it the... More »

Sarkozy, Obama Caught Griping About Netanhayu

With microphones on, Sarkozy allegedly calls PM a liar

(Newser) - Ahh, world leaders and their microphones : When will they learn? In the latest incident of private (and not too polite) comments being picked up by mics that were not actually in the "off" position, Nicolas Sarkozy and Barack Obama were reportedly caught talking about Israeli PM Benjamin Netanyahu at... More »

Chance of Greek PM Losing Confidence Vote: High

Meanwhile, the G20 wrestles with Greece mess

(Newser) - Things aren’t looking good for George Papandreou ahead of tomorrow’s confidence vote: The Greek prime minister has lost several key supporters over his shocking plan to put the EU bailout to a vote on Dec. 4—and now has a majority of just one, Reuters reports. Greece's... More »

Sarkozy: Letting Greece Join Euro Was a Mistake

Country wasn't ready to be part of eurozone, he says

(Newser) - Nicolas Sarkzoy has made it clear that tensions remain in the eurozone despite agreement on a debt crisis deal . The French president says that while he backs reforms intended to allow Greece to remain in the euro, it was a mistake to let the country join the single currency a... More »

Acrimony, Frail Plan as Euro Talks Adjourn

Analysts unimpressed by plan to bolster banks

(Newser) - With the Greek economy in shambles and Italy's teetering, European leaders emerged today from talks on saving the Euro—with little to show for it, the New York Times reports. Their big announcement—a mandate for banks to bolster their reserves—inspired a sigh from analysts, who say the... More »

Carla Bruni, Baby Girl Head Home

Nicolas Sarkozy off dealing with eurozone crisis

(Newser) - French first lady Carla Bruni headed home today with the littlest Sarkozy in hand, leaving the Paris clinic where she gave birth to daughter Giulia on Wednesday. The baby is the first born to a sitting French president, notes the AP, a fact that was evident by Nicolas Sarkozy's... More »

Berlin-Paris Flap Delays Euro Bailout

Agreement impossible until next week, Merkel and Sarkozy say

(Newser) - This weekend's European summit was supposed to produce an agreement that would avert financial doom for the eurozone, but it has failed before it even began. Nicolas Sarkozy and Angela Merkel have issued a joint statement admitting that it will be impossible to reach a deal this weekend and... More »

It's a Girl for Carla Bruni

Sarkozy's newborn is first French presidential baby

(Newser) - A child has been born to a serving president for the first time in modern French history. Carla Bruni gave birth to a baby girl at a clinic in Paris last night, the BBC reports. The 43-year-old mom—who told interviewers recently that she was bored with being pregnant and... More »

François Hollande to Run Against Sarkozy

Longtime party official says he can restore 'French dream'

(Newser) - The French Socialists have a candidate for next year's presidential elections (and, surprise, it's not DSK), so now preparations can really begin for the Nicolas Sarkozy showdown, reports the BBC . The Socialists yesterday chose François Hollande—a longtime party official who has never held a ministerial-level office—... More »

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