The Rocky Eurozone Show

The recent French presidential elections resulted in voters taking “a jump to the left”, as President Sarkozy failed to win a second term without the support of those “taking a step to the right.” Francois Hollande becomes the first socialist president of France since Francois Mitterrand swept to power in 1981. Mitterrand was elected on a promise of change and remained in power for the next 14 years. Hollande has campaigned in a similar tone, with change being more economic growth and less austerity. With French unemployment running at 10%, clearly the majority of the population ha...