New Overnight Developments Abroad - Daily Update
European Voters Say No Mas to Austerity
May 7, 2012
Socialist Francois Hollande was elected President France, defeating Nick Sarkozy, who became Euroland’s 11th incumbent leader to be kicked out of office since the start of the sovereign debt crisis in 2009. Hollande favors stronger fiscal stimulus and campaigned on a promise to renegotiate the EU treaty on fiscal discipline. Voters split 51.9% for Hollande […] More
