Breaking News


Sweden’s Bildt Says Hollande May ‘Wake Up’ to EU Pact, Welt Says

Swedish Foreign Minister Carl Bildt urged French presidential candidate Francois Hollande to recognize the economic challenges Europe faces in his bid to oust incumbent Nicolas Sarkozy, Die Welt reported, citing an interview.

French politicians will eventually “wake up” to the crisis, though when they do, it may be such a “brutal awakening” that it will have repercussions for the rest of the continent, the former Swedish prime minister is cited as saying in the German newspaper.

Hollande has repeatedly called for a re-negotiation of the budget pact agreed by European leaders in March, saying it needs to place more emphasis on growth.

To contact the reporter on this story: Angela Cullen in Frankfurt at

To contact the editor responsible for this story: Brad Cook at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.