Yesterday for the fourth time since his Presidential Election in May 2012, President Hollande met the Press. During more than an hour and a half he explained how recent important events have affected France.
First of all he covered Foreign Affairs and then the General Economic slump in the World Economy and how this affected France.
As the Head of State, the French Constitution permits him to decide all matters of foreign Policy, and to act, without any previous debate in the National Assembly. France learned today that two aircraft "Rafale" had attacked the Islamic State in Irak to destroy a secret "Stockpile of Weapons" ! France is working with the NATO alliance and will be present when matters are discussed in the Security Council of the United Nations.
Secondly he presented a review of the Economic Slump in France and seemed powerless, repeating several times "it is not easy" !
He clearly identified all the reasons why in France "unemployment" was still rising and he was quick to point out that France was not the only country in the EUROZONE with this Problem ! He wants Brussels to change some of the Golden Rules ! He underlined the mounting debt problem and his "Pact of Responsibility", a "Carrot" with which he is trying to encourage Private Indutry to invest ! He also pointed out the cost of Social Aid with which the Socialists are helping the needy to surmount the current Economic slump, but also said that Income Tax and the rate of Turnover Tax would not increase.
The conclusion is that nothing will change during the second half of Hollande's Presidential Term; and he is bereft of any "new" ideas which could help to save France in the near future.
As one says, the French will have to "Grin and Bear it" !
The unknown factor is "How will different sectors of France react ". There is already unrest, there are strikes, and in general no one seems satisfied !
.
No comments:
Post a Comment