French Cabinet is Dissolved, a victim of austerity battles - 0 views
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dredd15 on 14 Nov 14Political instability is evident in France as the cabinet fell apart over questions regarding the financial crisis of France and the overall economic downslide of the euro over the last 5 years. The Prime Minister Manuel Vall called for the dissolvement of the cabinet after President Hallonde made changes to economic regulations based on the urges of the European Union, German leaders to be specific. The big question regarding the European economy is whether government budget cuts and deficit financing is more important or finding a way to get cash flowing and creating jobs for citizens is more important. Many of the nations of the eurozone initially bought into the policies of austerity policies that Angel Merkel, the German chancellor, advocated, but now they're pulling back their restrictions and some economic growth is occurring. France and Germany, the largest economies in Europe are at odds and France's shift towards the right-wing National Front. France, as a part of the European Union, has pressure to do follow orders and maintain relationships with other European powers rather than do what's exactly right for their citizens. Political instability of France, unemployment, budget cuts, and debt-financing.