Monday 7 May 2012

Au revoir, Sarkozy! Au revoir, austerity! New Euro crisis as French and Greeks reject cuts and vote for return to ruinous spending

Daily Mail
#Euro at three-month low as Nicolas Sarkozy is ousted by Francois Hollande
#Markets tumble as uncertainty grows over country's new Socialist agenda
#Hollande expected to push against German-led European austerity drive
#Exodus of 'le super-rich' to London expected in light of planned 75% tax rate
#Meanwhile in Greece, voters reject policies of tough financial discipline
#Greek stocks plummet 7.6% as country faces weeks of uncertainty
#Analysts warns results could tip single currency into collapse within months

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