France Analysis

Nicolas Sarkozy charges into elections behind a social and economic battering ram

French president Nicolas Sarkozy on Sunday announced a battery of economic measures the scope of which has never before been undertaken by a president facing an imminent re-election contest. While still not officially declaring himself candidate in the two-round elections that begin in April, although providing a clear hint that he will run as expected, Sarkozy presented a raft of major reforms to be rushed through parliament in the weeks ahead, including a hike in VAT, a go-it-alone ‘Tobin tax’ and the effective end of the 35-hour minimum working week, all of which are to be introduced after the elections. Mathieu Magnaudeix analyses the principal measures unveiled during an hour-long interview broadcast live across eight television channels.