16 November 2012

FRANCE / EUROZONE / UK / MEDIA : Paris Blasts 'Economist' Over 'Time Bomb' Claim.


    Many top French officials are blasting the right-leaning UK weekly The Economist...for its new front cover claiming France is a 'time bomb at the heart of Europe.'
    The story details editors' belief that President Francois Hollande has not made enough tough reforms...and that 'markets' will eventually turn against Paris...and punish the euro.
    The industry minister said 'Honestly, The Economist has never distinguished itself by its sense of even-handedness.'

     Some speculate that Moody's may downgrade French sovereign debt again this month.