: :inin Kyiv (EET)

Francois Hollande in Purgatory


French president François Hollande is evermore himself and this is bad news for France.
In his first year it was the old Socialist pattern of campaigning in left-wing poetry (for example the 75 percent tax on incomes over 1 million euros), then backpedaling to mixed-up prose once in office when the big interests and the Constitutional Court opposed him. Several months ago he suddenly announced an unexpected pro-business turn (cut labor and social benefits costs to increase competitiveness), trying to cover his tracks with a nod to the left (modest reductions in taxes and social contributions paid by salaried workers). …read more

Source: The Huffington Post

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