| Author (Person) | Fritz-Vannahme, Joachim |
|---|---|
| Publisher | Bertelsmann Foundation |
| Series Title | Spotlight Europe |
| Series Details | No.11, November 2008 |
| Publication Date | November 2008 |
| ISSN | 1865-7451 |
| Content Type | Journal | Series | Blog |
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The French President Nicolas Sarkozy wants to protect companies in the EU from the fallout of the financial crisis with the help of European sovereign wealth funds. He claims that he is not trying to subsidize businesses, and simply wishes to stabilize the situation in the midst of the turmoil. In other words, Sarkozy is asking for solidarity in order to protect the European economic and social model. What are the challenges with which this model will be confronted in the future? |
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| Source Link | Link to Main Source http://aei.pitt.edu/10664/01/spotlight%20europe_Solidarity%20in%20the%20EU.pdf |
| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
