Author (Person) | Peel, Quentin |
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Series Title | Financial Times |
Series Details | 22.7.10 |
Publication Date | 22/07/2010 |
Content Type | News |
Major feature looks at the political difficulties facing Angela Merkel in Germany, Nicolas Sarkozy in France and Silvio Berlusconi in Italy. All three face a plunge in popularity at home that coincides with austerity measures introduced to curb excessive state spending. Looming cuts in social spending, state subsidies and local services have seen a backlash among voters, and fierce competition for scarce funds. At a time when members of the European Union are struggling to agree on new rules and a permanent crisis mechanism to stabilise the euro, leaders of the three largest economies in the common currency zone have been forced on to the defensive at home. |
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Countries / Regions | France, Germany, Italy |
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