'France is totally bankrupt': Employment minister Michel Sapin - European, Business - Independent.ie
So much for the great white hope that is/was Monsieur Hollande and his policys. The rich bailing out to the UK inc, possibly, Nicolas Sarkozy. Theirs confidence when even your previous president emigrates.FRANCE’S employment minister Michel Sapin has admitted the country is "totally bankrupt".
The unexpected news came during a radio interview yesterday and is thought to have sent the country’s business leaders into a state of shock.
“There is a state but it is a totally bankrupt state,” Mr Sapin said. “That is why we had to put a deficit reduction plan in place, and nothing should make us turn away from that objective.”
Will this powder keg blow also? Will we have F P I I G S ... all we need is an N country and we will have S P I F I N G
/mod/ there's an existing thread on this on the main page. /mod/