Sunday, June 17, 2007

Opening up french economy?

President Nicolas Sarkozy's party won a clear parliamentary majority Sunday in elections seen as crucial to his vision for opening up France's economy, although the opposition thwarted a landslide victory by capitalizing on voter fears of giving Sarkozy too much power.
"The French showed they did not want to give all of the power to Nicolas Sarkozy," former Justice Minister Elisabeth Guigou, a Socialist, said Sunday night.

Socialist Party leader Francois Hollande said that his party had resurrected itself. "It's good for the country," he said. "France will walk on both legs."

Prime Minister Francois Fillon said the right would waste no time in using its majority to "resolutely modernize" France, approving reforms on labor, employment, consumer spending, law and order, universities, immigration and reducing the disruptiveness of strikes.

"We don't want to wait any longer to launch the renovation that the French are calling for," he said. "We will reform, we will renovate, we will experiment with new ideas. ... We will get rid of the defeatism that is suffocating the republic."

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