Sarkozy: Imploding

Hollande Dept: The risk of the euro imploding doesn t exist any more, Mr. Sarkozy told RTL radio, as the last opinion polls before campaigning for the first round ends at midnight on Friday showed him sinking further behind Mr. Hollande, according to Globe and Mail. For 10 years he was head of the Socialist party. He wasn t the head of very much. That s the truth, he said and the risk premium investors charge for holding French 10-year bonds rather than safe haven German Bunds rose above 1.50 percentage points on in a possible foretaste of market jitters about a left-wing government in Paris. Europe is convalescent. That s a reality. We can t afford any mistakes. The minute we ease up on cutting spending, reducing the deficit, reducing the debt, France will share the fate of Spain, Mr. Sarkozy said, contrasting his time dealing with the crisis with Mr. Hollande s relative lack of experience. (www.immigrantscanada.com). As reported in the news.