French premier warns on deficit

Author (Person)
Series Title
Series Details 27.6.09
Publication Date 27/06/2009
Content Type

Article warns that François Fillon, the French Prime Minister, warned in a speech made on the 26 June 2009 that France’s structural deficit could threaten the survival of its economic system, unless the government takes control over the country’s ballooning debt levels.

His stark warning contrasted with the more confident tone expressed by President Nicolas Sarkozy the 22 June 2009, in which the President dismissed a policy of 'austerity' and announced a new public loan.

Related Links
ESO: Background information: Sarkozy rejects austerity measures http://www.europeansources.info/record/sarkozy-rejects-austerity-measures/

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