The French Road to Perdition

April 23, 2012

The French presidential election on April 22 and May 6 is important not only to France; on it rests the future of the euro. Spain, about which the markets have been agonizing for the last few weeks, is merely a sideshow; it has only moderate levels of international debt and could at a pinch be bailed out by its European partners if necessary.


Commentary Archive