Hollande Repeats EU Treaty Change Call; Rival Doubts Credibility
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Francois Hollande, the Socialist candidate in France’s presidential election, repeated his promise to renegotiate Europe’s latest fiscal treaty, saying it puts undue emphasis on austerity and offers little about the need for growth measures.
“Discipline is necessary on a European level; each state needs to make an effort to improve its accounts,” Hollande said on France 3 television today. “But it will be impossible to meet these goals if there isn’t growth and jobs and activity.”