Tuesday, August 26, 2014

Government crisis in France underlines the failure of EU "austerity"

Aggressive discourses against Germany-led "austerity" (recession) policies in the Eurozone were issued by several prominent ministers in this dramatic government crisis. The collapse of the popularity of the very reactionary "socialist" Prime Minister Manuel Valls (who is still in charge but for how long?) and the rise of these "rebel" ministers who openly criticize the Eurozone policies and the destructive leadership of Germany in all this social and economical catastrophe, underline that it is a most serious conflict on the socio-economic model in the French Republic and in the whole European Union. 

One of those rising PS stars is Arnaud Monteburg, former Minister of Economy, who has been very fierce in his criticism of Merkel and generally German euro-destructive policies. Excerpts of his commentaries:
You have to raise your voice. Germany is trapped in an austerity policy that it imposed across Europe (...) France is the eurozone's second-biggest economy, the world's fifth-greatest power, and it does not intend to align itself, ladies and gentlemen, with the excessive obsessions of Germany's conservatives (...) The priority must be exiting crisis and the dogmatic reduction of deficits should come second.

Montebourg is a heavyweight in the Socialist Party, getting 17% of the votes in the 2012 presidential primaries. He has been minister since Hollande became president but not anymore because he is now openly confronting the corporate subservient policies of his bosses.

The Minister of Education, Benoît Hamon, agreed wholeheartedly:
Merkel cannot be anymore the one leading Europe's course. (...) You cannot sell anything to the French unless they have money in their pockets.

Former Housing Minister, Cécile Duflot (Greens) has also attacked very verbosely both Holland and Valls for their disaster policies. 

No matter what, the new Valls cabinet plans to apply the EU-demanded €50 billion budget reduction in three years. And will do it by loading the cost on the popular classes: pension and public salary cuts and destruction of public services.

It seems however that Valls has not at all granted the support of Parliament for this endeavor, as more and more critical voices arise from inside his own party. Naturally they will get no support from the Right, which hopes for snap elections.

Sources: Gara[es], Russia Today.

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