French President Sarkozy rules out austerity in historic address to parliament at the Château of Versailles
Jun 23rd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
French President Nicolas Sarkozy in a historic address to a joint session of the French parliament at the Château of Versailles - - the palace of the powerful French king, Louis XIV (1638 – 1715), who is known for the phrase L'État c'est Moi (I am the State) - - declared on Monday that he would not support “austerity” policies. His wide-ranging address covered the financial crisis, the Islamic burqa and government spending.