Monday, May 07, 2007
-
France Shifts Right
With most of the votes counted, conservative Nicolas Sarkozy captured the French presidency with a more than seven percentage point margin of victory over socialist Segolene Royal. Sarkozy replaces outgoing President Jacques Chirac. Conservatives around the world have hailed this outcome. Sarkozy ran on a platform of various market reforms to help stimulate the French economy. Among the reforms are plans to reduce the income tax from 60 to 50 percent and easing restrictions on the 35-hour work week.In addition, the President-elect hopes to strengthen ties with the United States.
Posted by D. Price
Post a Comment
- Back to GenJHQ's Xanga Site!
- Note: your comment will appear in GenJHQ's local time zone: GMT -05:00 (Eastern Standard - US, Canada)



Comments (2)