‘Sarkozy debt’ under fire after downgrade

The loss of France’s triple A credit rating in January 2012 by S&P unleashed a ferocious political row as Nicolas Sarkozy’s opponents in the 2012 French presidential election sought to pin the blame on him for the big rise in the country’s debt that underlay the downgrade.

ESO: Background information: French presidential election, 2012 http://www.europeansources.info/record/french-presidential-election-2012/

ESO: Background information: France confirms rating to be downgraded http://www.europeansources.info/record/france-confirms-rating-to-be-downgraded/

---