Nicolas Sarkozy

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Sarkozy: Letting Greece Join Euro Was a Mistake

Country wasn't ready to be part of eurozone, he says

(Newser) - Nicolas Sarkzoy has made it clear that tensions remain in the eurozone despite agreement on a debt crisis deal . The French president says that while he backs reforms intended to allow Greece to remain in the euro, it was a mistake to let the country join the single currency a...

Acrimony, Frail Plan as Euro Talks Adjourn

Analysts unimpressed by plan to bolster banks

(Newser) - With the Greek economy in shambles and Italy's teetering, European leaders emerged today from talks on saving the Euro—with little to show for it, the New York Times reports. Their big announcement—a mandate for banks to bolster their reserves—inspired a sigh from analysts, who say the...

Carla Bruni, Baby Girl Head Home

Nicolas Sarkozy off dealing with eurozone crisis

(Newser) - French first lady Carla Bruni headed home today with the littlest Sarkozy in hand, leaving the Paris clinic where she gave birth to daughter Giulia on Wednesday. The baby is the first born to a sitting French president, notes the AP, a fact that was evident by Nicolas Sarkozy's...

Berlin-Paris Flap Delays Euro Bailout

Agreement impossible until next week, Merkel and Sarkozy say

(Newser) - This weekend's European summit was supposed to produce an agreement that would avert financial doom for the eurozone, but it has failed before it even began. Nicolas Sarkozy and Angela Merkel have issued a joint statement admitting that it will be impossible to reach a deal this weekend and...

It&#39;s a Girl for Carla Bruni
 It's a Girl for Carla Bruni 

It's a Girl for Carla Bruni

Sarkozy's newborn is first French presidential baby

(Newser) - A child has been born to a serving president for the first time in modern French history. Carla Bruni gave birth to a baby girl at a clinic in Paris last night, the BBC reports. The 43-year-old mom—who told interviewers recently that she was bored with being pregnant and...

François Hollande to Run Against Sarkozy

Longtime party official says he can restore 'French dream'

(Newser) - The French Socialists have a candidate for next year's presidential elections (and, surprise, it's not DSK), so now preparations can really begin for the Nicolas Sarkozy showdown, reports the BBC . The Socialists yesterday chose François Hollande—a longtime party official who has never held a ministerial-level office—...

Belgium Bails Out Failing Dexia
 Belgium Bails Out Failing Dexia 

Belgium Bails Out Failing Dexia

Belgian division to be nationalized; Belgium, France offer guarantees

(Newser) - Leading Franco-Belgian bank Dexia has agreed to a government rescue plan—making it "the biggest euro zone bank failure in quite some time," one analyst tells the New York Times . The plan will nationalize Dexia's Belgian banking division in a $5.4 billion government buyout; meanwhile, Belgium,...

Angela Merkel, Nicolas Sarkozy Hammer Out Deal to Recapitalize Banks
 Merkel, Sarko Reach Bank Deal 

Merkel, Sarko Reach Bank Deal

Mum on details, will pitch to EU leaders this month

(Newser) - The leaders of Germany and France, the eurozone's two biggest economies, say they have reached agreement on strengthening Europe's shaky banking sector. German Chancellor Angela Merkel says she and French President Nicolas Sarkozy "are determined to do the necessary to ensure the recapitalization of Europe's banks....

French Left Captures Senate
 French Left 
 Captures Senate 

French Left Captures Senate

Major right-wing loss spells trouble for conservatives

(Newser) - Socialists and other left-wing parties captured the French Senate in yesterday's elections for the first time since the founding of the Fifth Republic in 1958, reports the BBC . France's sputtering economy and high unemployment, combined with divisions among the right, caused the dramatic shift. This "will go...

Sarkozy, Obama to Abbas: Drop UN Membership Bid

Presidents will make their appeal today

(Newser) - French President Nicolas Sarkozy and US President Barack Obama plan to heap pressure on their Palestinian counterpart today in a concerted push to persuade Mahmoud Abbas to end his bid for full UN membership and to instead seek upgraded status in the world body. The presidents will make their pitches...

Cameron, Sarkozy Visit Libya
 Cameron, Sarkozy Visit Libya 
UPDATED

Cameron, Sarkozy Visit Libya

British, French leaders pledge support in first visit to rebels

(Newser) - British Prime Minister David Cameron and French President Nicolas Sarkozy arrived in Tripoli today, and gave Libya's new rulers strong support, vowing to release billions of dollars more in frozen assets and to push ahead with NATO strikes against Moammar Gadhafi's last strongholds. Cameron told the fugitive Libyan...

Chirac, PM Took $20M From African Leaders: Aide

Claims money was sometimes hidden in drums

(Newser) - Former French president Jacques Chirac and his prime minister, Dominique de Villepin, have been accused of taking $20 million in illicit payments from African heads of state, allegations that both men deny. Lawyer Robert Bourgi, a onetime aide to the politicians, made the accusations in a radio station interview today,...

Carla Bruni: Media Will Never Get Photos of My Baby

Good luck with that one!

(Newser) - In what sounds a whole lot like a challenge to the paparazzi, Carla Bruni has announced that she will not allow the media to get its hands on the child she is expecting next month with Nicolas Sarkozy. "You don't have a child for the gallery," said...

Rich French to Sarkozy: Please Tax Us More

Billionaires urge Sarko to plug budget holes with their cash

(Newser) - As Nicolas Sarkozy prepares to unveil deep budget cuts, some of his country's richest citizens are asking him to take more of their money. Billionaire L'Oreal heiress Liliane Bettencourt and 15 others have signed a petition urging the government to hit France's wealthiest people with a "...

Investors: Merkel, Sarkozy Plan a Letdown

Investors want big moves, not baby steps

(Newser) - Yesterday's meeting of French President Nicolas Sarkozy and German Chancellor Angela Merkel underwhelmed markets, which had been hoping for more radical steps to help the euro zone, reports the Wall Street Journal . It seems investors want more than what the two proposed—among other things, an elected euro-zone president—...

As Merkel, Sarkozy Meet, More Sour Financial News

German GDP was expected to grow 0.5% in Q2 ... and it didn't

(Newser) - Today's financial word of the day: Germany. All eyes are on Angela Merkel's 10am ET talks with Nicolas Sarkozy, as the pair meets to weigh additional moves that could bolster investor confidence in the euro zone. That task will no doubt be a bit tougher following today's...

Europe's Economy Teeters, Leaders Go on Holiday

Summer vacations send 'terrible signal to the markets'

(Newser) - Europeans have always treasured their long summer vacations, and that goes for their leaders as well. As the European economy teeters on the precipice, Nicolas Sarkozy is by the Mediterranean in his swimming trunks. His prime minister is vacationing in Tuscany. British Chancellor George Osborne is in California, where he...

Hackers Turn Sarkozy's Site Into 'Get Him Out' Game

Elysee Palace site hijacked

(Newser) - Inventive French hackers managed to turn their country's equivalent of the White House website into an anti-Nicolas Sarkozy game. For several hours, visitors to the Elysee Palace website were rerouted to a page—viewable here — featuring a cartoon image of the president being pushed out of the presidential...

Carla Bruni Finally Confirms She and Nicolas Sarkozy Are Pregnant

 Carla Bruni 
 Finally Confirms 
 Pregnancy 
what a surprise

Carla Bruni Finally Confirms Pregnancy

None of us are shocked, of course

(Newser) - Maybe it's because photos of her obviously-pregnant bikini belly were recently splashed all over the Internet, but French first lady Carla Bruni has finally, finally confirmed she's with child. The big reveal comes two months after her father-in-law made the happy announcement himself. No word yet on the...

Poll: French Voters Prefer DSK to Sarkozy

But most don't want Strauss-Kahn to run

(Newser) - If French voters had to choose between Dominique Strauss-Kahn and Nicolas Sarkozy in next year's presidential election, the incumbent would be out of a job, a new poll finds. Some 54% would opt for the former IMF chief currently charged with attempted rape, according to the Independent , which notes...

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