The urgent message of this austerity-fuelled recession
Like the rest of the eurozone countries, France is entering a recession, according to the latest quarterly report released this month by the French National Institute for Statistics and Economic Studies (INSEE). Mediapart co-founder Laurent Mauduit argues here why the INSEE report is both an indictment of President Nicolas Sarkozy's economic policies and a warning for the Left opposition, ahead of next year's presidential elections, that austerity measures do nothing but fuel the crisis.
LikeLike the rest of the eurozone countries, France is entering a recession, according to the latest quarterly report released this month by the French National Institute for Statistics and Economic Studies (INSEE). Mediapart co-founder Laurent Mauduit argues here why the INSEE report is both an indictment of President Nicolas Sarkozy's economic policies and a warning for the Left opposition, ahead of next year's presidential elections, that austerity measures do nothing but fuel the crisis.
