Sarkozy: Like a French Thatcher?

The Global Guru, May 9, 2007 - Nicholas A. Vardy wrote,

Many are hoping that the election of Nicolas Sarkozy as president of France on Sunday marked yet another triumph of free markets over a West European-style socialism on its last ideological legs. With Sarkozy garnering 53% of the vote versus Socialist candidate Ségolène Royal's 47%, and with 85% of eligible French voters casting their votes, there can be little doubt Sarkozy won a mandate for change in France. "Rupture" became a virtual slogan for his campaign. Sarkozy has pledged to act "very fast" and already has named François Fillon, the mastermind of his election victory, as his prime minister. There is little doubt that France is poised for a bout of ambitious economic and social reforms over the next five years. Continued...