NEW YORK (Reuters) - Stock index futures fell after Greek voters trounced ruling parties in elections on Sunday, a result that put the country's future in the euro zone at risk, and as Socialist candidate Francois Hollande won the French presidency.
Stock index futures fell after Greek voters trounced ruling parties in elections on Sunday, a result that put the country's future in the euro zone at risk, and as Socialist candidate Francois Hollande ...
Paris (AFP) - France's former president Nicolas Sarkozy was on Saturday tipped to win the leadership of his right-wing UMP in party elections, a position seen as a potential springboard back into high office.
With almost 90% of the nation disapproving of him, it hardly a surprise that French President Hollande just told the nation that "for the good of his country" he will not run for Presidency in 2017 saying he was “conscious of the risks” a candidacy would have caused.
The unprecedented decision was driven by his historically low popularity ratings.
As a refresher course in French politics, presidential elections are a two-stage process. In the first round, voters select from candidates of all the political parties. The second round pits the top two vote getters against each other.
Never before in history has a sitting French president polled so low 100 days before the first round of votes.
PARIS — Nicolas Sarkozy may want his old job back.
The man who led France from 2007 to 2012 announced Friday on Facebook that he’s joining the race to lead his conservative UMP party in elections next month. The widely expected move is seen as a first step toward running for president in 2017.
Sarkozy, the 59-year-old husband of model-turned-singer Carla Bruni, faces a string of legal problems linked to corruption accusations. But that doesn’t appear to be holding him back from staging a political return.