Tag Archives: France

Photo(s) of the day, 2015 terrorism edition

parisjanuaryPhoto credit to Philippe Wojazer/Reuters.

sanaajanuaryPhoto credit to Hani Mohammed/AP.

What do these two photos have in common?yemen flagFrance Flag Icon

More than you might think.

The former is, of course, a near-instantly famous photo of French president François Hollande marching on the streets of Paris earlier today arm in arm with dozens on European and other world leaders, demonstrating the solidarity and unity of the French people (and their allies) in the wake of last Tuesday’s attack on satirist magazine Charlie Hebdo, which killed 12 people, and another attack on a kosher supermarket that killed four more people.

From left to right, you can see Federica Mogherini, the European foreign policy chief; Jean-Claude Juncker, the European Commission president; Israeli prime minister Benjamin Netanyahu; former French president Nicolas Sarkozy; Malian president Ibrahim Boubacar Keïta; Hollande; German chancellor Angela Merkel; European Council president and former Polish prime minister Donald Tusk; Palestinian Authority president Mahmoud Abbas; and Italian prime minister Matteo Renzi. Not pictured are other luminaries, including British prime minister David Cameron, Jordanian King Abdullah, Greek prime minister and Spanish prime minister Mariano Rajoy and others, not all of whom are necessarily known for their staunch defense of freedom of expression, speech and the press at home.

The march was widely covered in world and US media today.

But the second photo was taken just hours earlier in Sanaa, the capital of Yemen, where protests have erupted in the wake of another attack, also last Tuesday, that killed 37 people when a suicide bomber targeted a police academy, one of several instances of increasing violence in Yemen. Though they didn’t have the benefit of a phalanx of world leaders, the civilian marches in Yemen are no less important than those in Paris today. Continue reading Photo(s) of the day, 2015 terrorism edition

Marine Le Pen is still a longshot to win France’s presidency in 2017

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As predicted, everyone’s getting even more carried away today wringing their hands over the notion that the horrific Charlie Hebdo killings will play right into the hands of the far-right in France, elevating Marine Le Pen into the presidency in May 2017.France Flag Icon

Wrong, wrong, wrong, wrong, wrong.

There’s a simple reason why a Le Pen presidential victory, though not impossible, remains incredibly implausible — and that’s as true today as it was last week or last month. It’s because France, like many countries around the world, has a runoff presidential system. While Le Pen stands a good chance of leading the first round of the next presidential vote, that only means that she end up in a runoff against either a center-left or a center-right figure that will command virtually the entire spectrum of political support from the center-right leftward.

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RELATED: In Charlie Hebdo massacre,
French values find a rallying point

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We know this because it happened just over a decade ago.

Le Pen’s father, Jean-Marie Le Pen, narrowly edged out the candidate of the center-left Parti socialiste (PS, Socialist Party), prime minister Lionel Jospin, in the first round of the 2002 presidential election, with just 16.86% of the vote. That set up a runoff against the center-right incumbent Jacques Chirac. Despite a widespread lack of excitement about Chirac’s reelection, virtually the entire political mainstream lined up behind Chirac, who walloped Le Pen by a margin of 82.21% to 17.79%.

Continue reading Marine Le Pen is still a longshot to win France’s presidency in 2017

In Charlie Hebdo massacre, French values find a rallying point

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Even before the gruesome murder of 12 civilians today in the name of Islam, France wasn’t exactly having the best run. France Flag Icon

Nicolas Sarkozy came to power in 2007 amid promises of rupture and reform, signaling youthful, nervous energy that would transform France’s public sector after the somnolent 12-year reign of the genteely corrupt Jacques Chirac. While he did manage to raise the retirement age and make some tweaks, the full-throated rupture never quite arrived, and his administration amounted to an embarrassing series of bling bling moments, capped off by his whirlwhind romance and marriage to singer Carla Bruni. It’s still hard not to cringe at the photos of Sarkozy and Bruni at Disneyland Paris just months after his inauguration or the thought of Sarkozy lapping up the excesses of wealth on one of Silvio Berlusconi’s yachts.

François Hollande easily defeated his reelection bid in May 2012 with a promise to boost growth and employment in policy matters and to be a ‘normal’ president in, ahem, more personal matters. France got neither from its new president, whose popularity rating today is stuck in the high 10s or low 20s, depending on the poll. Even before the 2012 election campaign ended, his then-consort Valérie Trierweiler had already gotten into a spat on Twitter attacking Hollande’s former partner of three decades, Ségolène Royal, herself a former presidential candidate and a top figure within the Socialist Party. That presaged the ridiculous split between the two earlier this year, catalyzed by the impotent image of Hollande sneaking out of the Elysée Palace on a scooter for a tryst with French actress Julie Gayet.  Charlie Hebdo, it should be noted, ruthlessly mocked Hollande for his shortcomings as well as organized religion of all faiths:

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If the United Kingdom held the ‘sick man of Europe’ crown in the 1970s and Germany held it in the 1990s before its labor market reforms and amid the tectonic growing pains of reunification, France would hold clear title to that position today, if not for so many other pretenders across Europe, each struggling under the strains of joblessness, economic malaise, depopulation and precarious public debt. After starting to fall in 2013, France’s unemployment rate leapt back to record levels (10.4%) at the end of 2014. Short of a contentious battle to legalize same-sex marriage and his soon-forgotten success from decisive military action to liberate northern Mali from jihadists, Hollande has precious few policy victories to show for his administration.

It might be more accurate to call France the ‘invisible man’ of Europe.

While Germany has emerged, for now, as the sole engine of Europe, its chancellor Angela Merkel dictating fiscal policy to the rest of the European Union and its central bankers vetoing the kind of aggressive eurozone-wide quantitative easing that could reverse deflationary trends, you don’t hear much talk about the vaunted Franco-German axis anymore. British prime minister David Cameron, who’s courting disaster in his promise to hold a referendum on his country’s EU membership, has more influence on the German chancellor than Hollande or even his relatively right-leaning prime minister Manuel Valls, who leads Hollande’s second government in three years. Whether it’s banking unions or Russian aggression in eastern Europe or eurobonds or the risk of a far-left Greek government in elections later this month, no one gives a hoot about what Hollande has to say on EU matters — or anything else for that matter.

As Sarkozy, plagued by legal challenges, plots a center-right comeback and Hollande’s center-left Parti socialiste (PS, Socialist Party) loses more credibility by the day, the xenophobic, far-right Marine Le Pen and the Front national (FN, National Front) are basking in the victory of emerging as the top-placed party in last May’s European elections. Polls for the first round of the 2017 presidential election routinely place Le Pen leading or tied with all the major contenders, including Sarkozy and former foreign minister Alain Juppé, on the right, and Hollande and Valls, on the left. But you could see the rumblings a decade ago, when the French single-handedly ended the push (led by former French president Valéry Giscard d’Estaing, no less!) to draft a constitution for the European Union, when voters rejected the constitutional treaty in a May 2005 referendum.

We’ve all read too many stories in the past decade or so about the tristesse or the ennui afflicting modern 21st century France.  

So it’s understandable that so many commentators looked at the horrific attack on the Charlie Hebdo office on Tuesday and worried that it would unleash a wave of anti-Muslim sentiment, fueling the insular nationalism that drives Le Pen and the French far right, which has responded to France’s collective economic slump by lashing out at the political elite, at immigration and at the European Union.   Continue reading In Charlie Hebdo massacre, French values find a rallying point

Can Alain Juppé really become France’s next president?

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Nicolas Sarkozy returned to the front line of French politics this weekend, easily winning the leadership of France’s leading center-right political party, the Union pour un mouvement populaire (UMP, Union for a Popular Movement).France Flag Icon

But Sarkozy’s breezy leadership resumption doesn’t mean that he should be packing his bags to return to the Élysée Palace anytime soon.

Winning just 64.5% of the vote against token opposition, Sarkozy’s internal UMP victory wasn’t the incredible triumph that he might have hoped. That insouciance underlines the greater ambivalence among the wider French electorate about a Sarkozy comeback. Sarkozy lost his reelection bid in May 2012 to François Hollande, the candidate of the center-left Parti socialiste (PS, Socialist Party). Though Hollande is now the most unpopular French president of the Fifth Republic, many voters would be happy for Sarkozy to remain on the sidelines. He’s saddled with memories of his ‘bling-bling’ administration, the futility of his reform efforts (beyond raising France’s retirement age) and the growing list of legal troubles that will plague any 2017 presidential bid.

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RELATEDDon’t rule out Sarkozy just yet for 2017 comeback

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Hollande is mired with some of the lowest approval ratings of any global leader as the French economy continues to stumble, even in comparison to the sluggish economy of neighboring Germany. Hollande’s high-profile breakup with partner Valérie Trierweiler dominated headlines earlier this year, despite his 2012 promise of a ‘normal’ presidency without the distractions of personal turmoil. His efforts to pass a tax on incomes over €1 million caused a wide backlash, as have his efforts to bring France’s fiscal deficit within EU targets. Hollande attempted a restart earlier this year by appointing a new cabinet, headed by popular interior minister Manuel Valls as France’s new prime minister, but that hasn’t, so far, revamped his reputation.

Even though Hollande (or any Socialist contender, including Valls) seems eminently defeatable, France’s conservatives aren’t even in agreement that Sarkozy is the right candidate for 2017.

Enter Alain Juppé, a senior statesman who hopes to lead the French center-right instead of Sarkozy. Though Juppé chose not to run for the UMP leadership, Sarkozy’s underwhelming victory is being reported as a back-door victory for Juppé, who has already indicated he will challenge Sarkozy for the UMP’s presidential nomination.

Juppé (pictured above) has gone through one of the most extraordinary comebacks in French politics himself.  Continue reading Can Alain Juppé really become France’s next president?

ECB’s Draghi on raising inflation in Europe: ‘We will do exactly that.’

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Italy’s Mario Draghi, the president of the European Central Bank, joined Stanley Fischer, the vice chair of the Federal Reserve, in an hour-long program at the Brookings Institution earlier today.European_Union

Draghi addressed at length both the ECB’s steps to confront deflation and the need for EU countries to enact bolder economic reforms in his remarks and in his discussion with Fischer, the former president of Israel’s central bank and a former professor at the University of Chicago who once taught Draghi.

Deflation as Europe’s chief economic threat

DSC00853Draghi stressed that he understands the biggest risk to European Union’s economic recovery is deflation. He noted that the ECB is transitioning from a more passive approach to a much more active ‘QE-style’ approach to the bank’s balance sheet — in part by moving last month to purchase private-sector bonds and asset-backed securities. Even if Draghi’s efforts still fall short of the kind of quantitative easing (e.g., outright asset purchases) that the Federal Reserve introduced to US monetary policy five years ago, Draghi committed himself to lifting the eurozone’s inflation from ‘its excessively low level’:

We will do exactly that.

It’s not exactly ‘whatever it takes,’ but it’s a sign that Draghi realizes the dangers that deflation presents, with the eurozone inflation rate falling to just 0.3%, the lowest level since the height of the eurozone’s existential sovereign debt crisis:

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Draghi has been one of the leading voices for a more active ECB approach to boosting inflation to 2% within the next two years, though Germany’s powerful central bank, the Bundesbank, and its president Jens Weidmann (also a member of the ECB’s 24-person governing council), remains skeptical of full-throated quantitative easing.  Continue reading ECB’s Draghi on raising inflation in Europe: ‘We will do exactly that.’

The 13 key EU players in the proposed Juncker Commission

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On Wednesday, the incoming president of the European Commission, Jean-Claude Juncker (pictured above), released full details on the proposed commissioners within his Commission, which will serve as the chief executive and administrative body of the European Union between 2014 and 2019.European_Union

The most important feature of the proposed Juncker Commission is that he’s introduced the greatest amount of hierarchy in an institution that used to be flat. It’s not a secret that some portfolios have always been more desirable than others, especially as the Commission has expanded to include all 28 member-states. But Juncker has introduced a first vice president and five vice presidents, who will also serve alongside Italy’s foreign minister Federica Mogherini, who was appointed two weeks ago to serve as Commission vice president and high representative for foreign affairs and security policy.

The delegation of so much power to five ‘super-commissioners’ with roving, supervisory briefs indicates that Juncker intends to be a much less hands-on Commission president that his predecessor, José Manuel Barroso. But it also reflects a Commission that, including Luxembourg’s Juncker, contains five former prime ministers (Finland, Slovenia, Latvia and Estonia).  It also contains four incumbents (Germany, Sweden, Bulgaria and Austria) who have served throughout the full second term of the Barroso Commission. That makes the Juncker Commission possibly the most distinguished in EU history.

Each commissioner must be approved by the European parliament and, while individual nominees have had troubles in the past, the parliament typically approves the vast majority of a Commission president’s appointments, all of whom were nominated by their respective national governments.

With nine women, it’s not as unbalanced as feared even a week or two ago, and with 14 members of the center-right European People’s Party (EPP), eight members of the center-left Party of European Socialists (PES) and five members of the Alliance of Liberals and Democrats for Europe (ALDE), it generally reflects the results of the May 25 European parliamentary elections, though some social democrats and socialists are grumbling that the left doesn’t have enough representation.

So what can we expect from this illustrious college of commissioners?

Here’s a look at the 13 most important players in the proposed Commission (aside from Juncker and Mogherini, of course). Continue reading The 13 key EU players in the proposed Juncker Commission

Tusk, Mogherini appointed to top European offices. What next?

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The European Council appointed Polish prime minister Donald Tusk as Council president and nominated Italian foreign minister Federica Mogherini as its new high representative for foreign affairs and security policy.Italy Flag IconEuropean_UnionPoland_Flag_Icon

The appointments of both Mogherini and Tusk were widely expected in the days and hours leading up to today’s EU summit.

Tusk (pictured above, left, with his predecessor, Herman Van Rompuy), age 57, was first elected prime minister in 2007 and reelected in 2011 as the leader of the center-right Platforma Obywatelska (PO, Civic Platform), each time defeating the more conservative, nationalist Prawo i Sprawiedliwość (PiS, Law and Justice). Essentially a moderate liberal and European federalist, Tusk has governed Poland for seven of the 10 years during which it’s been a member of the European Union. His elevation to the Council presidency marks the first time that a central or eastern European has held a top EU office, and it reflects Poland’s growing clout as one of the engines of the European Union.

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Mogherini (pictured above, right, with her predecessor, Baroness Catherine Ashton), age 41, only recently became Italy’s foreign minister in February, when prime minister Matteo Renzi maneuvered his way into the premiership. Though some Baltic and eastern European leaders doubted her level of experience and questioned whether she might be too sympathetic to Russia, she’s received strong marks in her six months as Italy’s foreign minister, marking her as a rising star in the new generation of leaders in Renzi’s center-left Partito Democratico (PD, Democratic Party).

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RELATED: Who is Federica Mogherini?

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Together with Jean-Claude Juncker, the former Luxembourg prime minister, who was nominated by the Council in June as the president of the European Commission, the EU’s chief executive and regulatory body, Tusk and Mogherini will be responsible for setting EU policy through 2019.

The Council presidency was created by the Treaty of Lisbon, which came into effect only in 2009. Before Lisbon, the Council president was simply the leader of the country that held the six-month rotating Council presidency. Van Rompuy, a former Belgian prime minister, served as the inaugural Council president. Upon the Council’s decision today, Tusk will begin his first term of 2.5 years in December, with the option for reappointment to a second term of 2.5 years.

The high representative role existed prior to the Lisbon Treaty, but it was greatly expanded when Ashton, a former Labour member of the House of Lords, was appointed to the role in 2009. Technically, Mogherini will serve as Italy’s representative on the European Commission and, accordingly, her term will run for five years and is  subject to the approval of the European parliament. 

Given their different backgrounds, Tusk and Mogherini were viewed as a complementary team. Eastern and central Europeans are delighted to see Tusk, a relatively hawkish voice on Russia, elevated to the Council presidency. Meanwhile, Mogherini brings gender diversity to the Commission, and she will join Martin Schulz, a German social democrat, as the chief voice of the center-left at the top of the EU policymaking apparatus.

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RELATED: Forecasting the EU power summit, part 1
Europe’s next high representative

RELATED: Forecasting the EU power summit, part 2
Europe’s next council president

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But what does it mean for the next five years of European policy? Continue reading Tusk, Mogherini appointed to top European offices. What next?

Macron, France’s new economy minister, angers French left

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One day after French prime minister Manuel Valls resigned, forcing French president François Hollande to invite Valls to form a new government, it’s not clear that the new cabinet is going to quell a growing revolt on Hollande’s left flank.France Flag Icon

Valls, less than five months into his tenure, took the dramatic step Monday after weekend comments from former economy minister Arnaud Montebourg criticizing his own government’s austerity measures that have aimed to reduced French debt and cut payroll taxes, in part, through spending cuts.

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RELATEDWho is Manuel Valls? Meet France’s new prime minister

RELATED: Valls-Montebourg fissure could bring early French elections

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Montebourg, along with allies like education minister Benôit Hamon, a rising star of the French left, and culture minister Aurélie Filippetti, were banished from the second Valls government, replaced by relatively minor figures deemed more loyal to Valls and Hollande.

Though everyone else in the government remained in government, from foreign minister Laurent Fabius to finance minister Michael Sapin to ecology and energy minister Ségolène Royal, Montebourg was replaced by the Hollande loyalist Emmanuel Macron, a 36-year-old ex-banker and graduate of France’s elite-producing school, the École nationale d’administration.

Macron’s appointment sends a message about the orthodox program of the next government, and it wasn’t particularly subtle. Le Monde called him the ‘liberal sauce’ of the government, and Le Figaro called him the ‘anti-Montebourg.’

After his graduation from ENA, Macron (pictured above) worked as a finance official in the French government for four years, then worked for four years for Rothschild in the private sector. When Hollande was elected, he became one of the new president’s top Elysée aides as deputy secretary general of the presidency, where he once exclaimed that Hollande’s push to institute a 75% income tax rate for millionaires made France equivalent to ‘Cuba, but without the sun.’

The Valls-Sapin-Macron axis in the new French government will assure the French business and investor class that Hollande is serious about a proposed €40 billion payroll tax cut and continued devotion to budget discipline, to the growing outrage of the French left.  

The best thing the left wing of Hollande’s Parti socialiste (PS, Socialist Party) can say about the new cabinet is that Valls, at least, retained Christiane Taubira, a legislator from French Guiana who has served as minister of justice from the outset of the Hollande presidency, who pushed through perhaps the Hollande administration’s crowning social policy achievement in legalizing same-sex marriage last year, and who has often clashed brutally, if privately, with Valls, both as prime minister and when he previously served as interior minister, on economic policy as well as on her proposed prison reforms that would relax criminal penalties and eliminate mandatory sentencing for convicts.

There were other choices. Hollande and Valls might have convinced Martine Aubry, the runner-up to Hollande in the 2011 presidential contest and the author, as minister of social affairs in 2000, of the 35-hour workweek. After Montebourg, who routinely lambasted German chancellor Angela Merkel’s fiscal policy, told Indian steelmaker Lakshmi Mittal he wasn’t welcome to invest in France and who picked a fight with American tire producer Morry Taylor, Aubry’s presence in the cabinet might have been a win-win situation — replacing the mercurial Montebourg with a pillar of the French left.

Instead, Macron’s elevation is sure to accentuate the growing rift between the centrist and leftist wings of the Socialist Party, which could cause the government to fall later this year over the 2015 budget. That, in turn, could cause snap elections that the Socialists might lose altogether, ushering in another era of cohabitation, or divided government, with Hollande’s approval rating hovering between 17% and 20%. 

At the very least, the events of the last 48 hours potentially places Hollande in a difficult position — if Montebourg and the leftist rebels are strong enough, they can force Hollande and Valls either to accept their demands for a more growth-oriented budget this autumn or face a no-confidence vote. 

Amid high unemployment and a growth rate of just 0.1% in the last quarter, Hollande has struggled to implement policies to jumpstart GDP growth and economic activity. That’s left him open to criticism on the right and the left, including Montebourg, who on Saturday castigated Hollande’s administration for being held captive to Berlin — the last straw among the increasingly strident critiques from within his own government. 

Valls-Montebourg fissure could bring early French elections

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It was always a stretch to believe that there was enough room in France’s government for both Arnaud Montebourg and Manuel Valls.France Flag Icon

Montebourg, who represents the unapologetically socialist wing of France’s Parti socialiste (PS, Socialist Party), received a promotion in April as economy minister when French president François Hollande reshuffled his cabinet and replaced former prime minister Jean-Marc Ayrault with Valls. At the time, it was hardly clear that Montebourg deserved it after picking fights with prominent foreign businessmen in both the United States and India and waging an avowedly protectionist ‘Made in France’ campaign while serving as minister for industrial renewal. Montebourg (pictured above), with a charming grin, trim figure and a wavy swath of dark hair, who last weekend shared a photo of Loire Valley red wine on his Facebook feed, fits neatly into the American stereotype of the preening, tiresome, French socialist.

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RELATED: Who is Manuel Valls? Meet France’s new prime minister

RELATEDSapin, Royal, Montebourg headline new French cabinet

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Valls, meanwhile, is leading Hollande’s government at a time when the Socialist administration is turning even more to the center, with a much-heraled (if hokey) ‘Responsibility Pact’ that aims to cajole French businesses into hiring a half-million new workers with the promise of a €40 billion payroll tax cut, financed by an even greater €50 billion in spending cuts. Though he’s regularly touted as a reformer, it’s more accurate to say that the Spanish-born Valls is a tough-minded ‘third way’ centrist who wants to rename the Socialist Party, which he considers too leftist. As interior minister, he showed he could be just as tough on immigration and crime as former conservative president Nicolas Sarkozy. When he became as prime minister in late March, Valls had the highest approval rating by far of any cabinet member. Today, his approval is sinking fast — an IFOP poll last weekend gave Hollande a 17% approval rating and Valls just 36% approval.

But Valls always had the support of Hollande and allies like finance minister Michael Sapin, and it was clear even in the spring that  Montebourg was destined to become more isolated than ever in the Valls era.

It took less than five months for the cabinet to rupture.  Montebourg publicly challenged Hollande over the weekend to rethink his economic policy in light of new data that show France’s economy remains stagnant — growing by just 0.1% in the last quarter, far below Hollande’s already-anemic target of 1%. Montebourg has also criticized Germany for encouraging austerity policies throughout the eurozone that he and other left-wing European politicians and economists blame for weakening the continent’s economic growth since the 2008-09 financial crisis.

In response, Valls orchestrating a dramatic resignation on Monday morning, though Hollande has given him a mandate to form a new government that won’t include Montebourg or allies like education minister Benoît Hamon and culture minister Aurelie Filippetti.

The drama surrounding this week’s reshuffle is hardly welcome so soon after Valls’s initial appointment, and Hollande risks a wider revolt on the French left that could endanger his agenda in the Assemblée nationale (National Assembly), where Socialist rebels could join legislators from the center-right Union pour un mouvement populaire (UMP, Union for a popular movement) in opposition to his agenda. Valls will introduce the 2015 budget in the autumn, and if he fails to pass it later this year, his government could fall and Hollande might be forced to call snap elections that the Socialists would almost certainly lose. Continue reading Valls-Montebourg fissure could bring early French elections

Photo essay: What is Saint Pierre et Miquelon and why does it still exist?

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SAINT-PIERRE — Just off the coast of Newfoundland lies an archipelago of eight attractive if forlorn islands where after a few hours it becomes hard to remember that you’re still in North America. France Flag IconFlag of Saint Pierre and Miquelon

In Saint Pierre and Miquelon, it’s easier to believe that you’ve stepped back in time to the 1970s, perhaps to a sleepy seaside town in northern France. It’s the France that you might remember from your introductory French textbook in grade school (‘Nous sommes à la discothèque de la ville‘)*, but that exists in mainland France, if it ever did, only in the early films of François Truffaut.

For a growing number of tourists to the islands, that’s exactly the point. Continue reading Photo essay: What is Saint Pierre et Miquelon and why does it still exist?

Don’t rule out Sarkozy just yet for 2017 comeback

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At the rate that the French political elite is going, Dominique Strauss-Kahn might be the last palatable option standing to challenge nationalist Marine Le Pen in the 2017 election.France Flag Icon

The decision by French prosecutors to open a formal investigation into former president Nicolas Sarkozy today, following his detention on Tuesday for questioning, is certain to rupture Sarkozy’s comeback plans to lead the French center-right in the April 2017 presidential election, leaving both major parties sullied by unpopular, unimaginative and possibly corrupt leadership.

But even as French and global analysts begin writing Sarkozy’s obituary, the current investigation, which involves Sarkozy’s alleged attempts to trade a job in plush Monaco to a judge in exchange for illegal information relating to another investigation, may not necessarily torpedo Sarkozy, even as the former president faces additional legal troubles in related corruption cases.

That will be especially true if Sarkozy is ultimately exonerated, given the aggressiveness with which French investigators have pursued Sarkozy. If he’s not found guilty, the investigations could actually strengthen Sarkozy, allowing him to play victim against an aggressive, out-of-control French judicial system. That’s a well-worn path that’s worked for other European leaders in the past, including former Italian prime minister Silvio Berlusconi. Sarkozy has already compared the phone-tapping to East German Stasi tactics, and he appeared on French television Wednesday night to blast the ‘political exploitation’ of the legal system.

Nevertheless, Sarkozy will find it difficult to proceed with plans to retake the presidency of his center-right Union pour un mouvement populaire (UMP, Union for a popular movement) later this year. Sarkozy is believed to be keen on returning to the UMP presidency in light of former UMP president Jean-François Copé’s resignation in late May, related to accusations of falsifying 2007 campaign invoices to evade spending limits. 

The current scandal revolves around phone taps that revealed conversations between Sarkozy and his attorney, Thierry Herzog. Those taps, however, were originally designed to gather information about whether Sarkozy’s 2007 campaign was illegally financed with up to €50 million from former Libyan president Muammar Gaddafi. 

The Herzog conversations, however, relate to yet another scandal, the  Bettencourt affair, in which L’Oréal heiress and socialite Liliane Bettencourt may have ferried illegal funding to Sarkozy’s reelection efforts. Though investigators ruled out charging Sarkozy in the Bettencourt matter, the case revolved around the admissibility of Sarkozy’s presidential diaries.

Sure, that’s a lot of scandal and a lot of circumstantial noise surrounding Sarkozy. But what happens if Sarkozy actually goes to jail?  Continue reading Don’t rule out Sarkozy just yet for 2017 comeback

The US perspective on the European parliamentary elections

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I sat down with Brian Beary from Europolitics late Sunday night to discuss the results of the European parliamentary elections, with a particular focus on the US perspective. USflagEuropean_Union

The link is here (unfortunately, subscription only), but here’s one excerpt:

Is there a US equivalent to the Eurosceptics that did so well in the European elections?

In a formal sense, it is a peculiarly European thing. There are no parties in the US that are saying ‘we need to pull out of the United States’. The one thing they do share is that politicians in the US, for at least two generations now, in every election run against Washington. And in Europe, whether it is the hard Euroscepticism of groups like UKIP or Front National, or the soft Euroscepticism of certain members of the British Labour Party, or Silvio Berlusconi, there is an anti-Brussels-ness that reminds me of the way US politicians campaign against Washington.

Though many commentators and academics like to refer to the European Union today as a kind of ‘United States of Europe,’ especially during the EU’s ill-fated constitutional debate in 2004 and 2005, I argued that the European Union today more closely resembles the confederation of US states that existed under the 1781 Articles of Confederation.

Most US headlines in the lead-up to the European elections have concerned Ukraine and the ongoing security crisis and showdown with Russia that’s caused a regeneration of interest in transatlantic security, NATO’s role and additional follow-on issues,  such as the potential US export of liquified natural gas to Europe. In the aftermath of the European elections, US headlines are focusing on the rise of eurosceptic parties like Nigel Farage’s UK Independence Party and Marine Le Pen’s Front national in France.

In both cases, that’s understandable — and both topics are incredibly important. The real issues where the European Parliament will have the most impact in the next fiver years, however, are somewhat less sexy, but they should be on the radar of US policymakers and investors in the years ahead: Continue reading The US perspective on the European parliamentary elections

A detailed look at the European parliamentary election results (part 1)

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We now have most of the results from across Europe in the 28-state elections to elect all 751 members of the European Parliament.European_Union

At the European level,  the center-right, Christian democratic European People’s Party (EPP) emerged with about 25 more seats than the center-left, social democratic Party of European Socialists (PES).

That immediately gives former the EPP’s candidate for the presidency of the European Commission, former Luxembourgish prime minister Jean-Claude Juncker, a boost in his efforts to actually become the Commission president. But it’s still far from automatic, despite Juncker’s aggressive posture at a press conference Sunday evening:

“I feel fully entitled to become the next president of the European Commission,” Juncker, a former Luxembourg prime minister, told supporters late yesterday in Brussels after the release of preliminary results. Premier for 18 years until he was voted out of office in December, Juncker also gained recognition in his dual role as head of the group of euro-area finance ministers during the debt crisis.

Juncker (pictured above) still must to convince the European Council to propose him as Commission president, and he’ll still need to win over enough right-wing or center-left allies to win a majority vote in the European Parliament.

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RELATED: Here come the Spitzenkandidaten! But does anybody care?

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That process, which could feature a major battle between the European Council and the European Parliament, will unfold in the days, weeks and possibly months ahead.

But what do the results mean across Europe in each country? Here’s a look at how the European elections are reverberating across the continent.  Continue reading A detailed look at the European parliamentary election results (part 1)

Sapin, Royal, Montebourg headline new French cabinet

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Though French president François Hollande on Monday promised a gouvernement de combat in his cabinet reshuffle, it looks like the government he’s chosen might wind up spending more time combatting one another that the myriad economic challenges that France faces.
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Just 48 hours after naming interior minister Manuel Valls, the hard-charging, Roma-busting strongman of the Parti socialiste (PS, Socialist Party) as France’s new prime minister, Hollande announced the rest of his cabinet reshuffle today.

Though the return of Ségolène Royal, Hollande’s partner of three decades and the 2007 Socialist Party’s presidential candidate, is sure to top most headlines, the heart of the cabinet reshuffle are Hollande’s schizophrenic choices for finance minister, Michel Sapin (pictured above), and economy minister, Arnaud Montebourg.

At first glance, Hollande’s new slimmed-down cabinet (16 ministers instead of 20) seems like a kind of ‘team of rivals,’ given that Valls, Montebourg and Royal all campaigned for the Socialist Party’s 2012 presidential nomination — the only major rival not to hold a post in the new government is Martine Aubry, a longtime champion of the party’s left wing and the former minister who introduced France’s 35-hour workweek (a policy that Valls stridently opposes).

But it’s hardly Lincolnesque.

Sapin and Royal are assuming roles they first held 22 years ago, while Montebourg is a leftist whose views are at extreme odds with the economic policy that Hollande and Valls are expected to pursue over the next three years.  Continue reading Sapin, Royal, Montebourg headline new French cabinet

Who is Manuel Valls? Meet France’s new prime minister

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In choosing Manuel Valls, the popular interior minister, as France’s new prime minister, French president François Hollande is taking a risk that elevating the most popular minister in his government will attract support from among the wider French electorate without alienating the leftist core of the Parti socialiste (PS, Socialist Party).France Flag Icon

Pivoting off the poor Socialist showing in last weekend’s nationwide municipal elections, Hollande’s cabinet reshuffle is a sign that he understands he has largely lost the trust of the French electorate in less than two years. Other ministers, including finance minister Pierre Moscovici, could also lose their jobs in a reshuffle to be announced later this week.

Prime minister Jean-Marc Ayrault resigned today after just 22 months on the job. LIke Hollande, Ayrault has become increasingly unpopular as the government has pursued aggressive measures to stabilize France’s budget, including tax increases and adjustments and cuts to France’s pension system — all in the face of a sluggish economy, a 10.8% unemployment rate and a greater crisis in confidence over France’s role within the European Union and the world. 

In a short statement announcing Valls, Hollande pledged to continue pursing a payroll tax cut and additional pension and labor law reforms as part of a recent attempt to win support from the French business community, a series of reforms that Valls has enthusiastically promoted throughout his career. He also promised that Valls would lead a ‘combative government,’ which sounds like somewhat of an understatement in translation from a gouvernement de combat.

In light of Ayrault’s highly collaborative style, and Valls’s much more aggressive style, even the original French seems like an understatement.

But while the latest IFOP poll from mid-March gave Hollande a 23% approval rating (his highest, in fact, since last October) and Ayrault a 26% approval rating, Valls has an approval rating of 63%. That goes a long way in explaining why Hollande is replacing Ayrault with Valls today.

It’s not a choice without risks. Valls, a centrist with controversial views about the Roma and immigration, could divide the French left. If Hollande’s unpopularity continues, he could taint one of the few remaining popular figures within the Socialist Party. If Valls succeeds, he could supplant Hollande as the more attractive presidential candidate in 2017.

Continue reading Who is Manuel Valls? Meet France’s new prime minister