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Here is What Hollande Can Change In The EU Economic Policy - Barclays
Despite being labeled as "anti-austerity" and "pro-growth," French President-elect Francois Hollande has a very limited room for changing the EU economic policy, Barclays Capital said in a note. A reflection of that could be seen in his policy version for eliminating the French budget deficit which has just an extension of one more year to deliver than the original plan. Thus, economists at BarCap believe that there are still some venues where Mr. Hollande could bring some "slight" changes to the EU economic policy: First, introducing, as widely expected, an EU growth pact that will be a complementary to the current ... (full story)
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