Alternate Headline: Cash-Strapped French Socialists Face Reality of Running Out of Other People’s Money.
The champion of a moderate stimulus plan for Europe, at home French President Francois Hollande is turning his back on the sort of infrastructure investment he hopes will revive European growth.
His cash-strapped Socialist government is considering scrapping all but the most needed projects as it is forced to weigh questionable economic benefits in an era of belt-tightening.
Read the rest here.
If you enjoy the content at iBankCoin, please follow us on Twitter
