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« France is Europe's 'big problem', warns Mario Monti | Main | Fed Growth Cut Unleashes Panic Buying Of Everything; Dollar Plunges Most Since 2009 »
Sunday
Mar222015

France is Europe's 'big problem', warns Mario Monti

Gallic nation threatens to blow Europe's Franco-German axis apart, warns former Italian prime minister

France has become Europe’s “big problem”, according to the former prime minister of Italy, who warned that anti-Brussels sentiment and the rise of populist parties in the Gallic nation threatened to blow the bloc’s Franco-German axis apart.

Mario Monti – who was dubbed “Super Mario” for saving the country from collapse at the height of the eurozone debt crisis – said France’s “unease” with the single currency had already created tensions between Europe’s two largest economies.

“In the last few years we have seen France receding in terms of actual economic performance, in terms of complying with all the European rules, and above all in terms of its domestic public opinion – which is turning more and more against Europe,” he told The Telegraph

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