0 comments | Print

European vote likely to bring big shift

Published: Saturday, May. 5, 2012 - 12:00 am | Page 6A
Last Modified: Sunday, May. 6, 2012 - 1:14 pm

ATHENS, Greece – French and Greek leaders who backed the European Union's severe austerity measures are likely to take a drubbing when both countries hold national elections Sunday, raising pressures on EU leaders to ease the tough fiscal constraints they adopted to head off the euro crisis.

In France, President Nicolas Sarkozy was trailing his Socialist challenger, Francois Hollande, by six percentage points in polls Friday and appealed to the country's "silent majority" to save his government and give him a second term in office.

Hollande, after capturing the endorsement of centrist Francois Bayrou, who had won 9.1 percent of the votes in the first round two weeks ago, urged voters to give him enough support so that he can act once in office and not be "a hobbled victor."

Hollande has promised to renegotiate the European Union's "fiscal pact," which sets tight budget rules, and he called for a "growth pact" in order to stimulate stagnant economies and add new jobs.

There are many politicians here and in Spain who hope that he can sway German Chancellor Angela Merkel, who with Sarkozy had led the EU's drive for austerity and tight budgeting in the face of slumping economies.

In their nationally televised debate Wednesday, Sarkozy sounded almost desperate as he accused Hollande of lying, even as Hollande called for "bringing together" his countrymen after years of divisiveness at the hands of Sarkozy.

In Greece, the two centrist parties that have ruled in an uneasy interim government since late last year may see their popular support collapse. Backing for PASOK, the Greek socialist party, which currently has the most seats in Parliament, could plummet to as low as 12 percent from 44 percent at the last elections in 2009, while the right-of-center New Democracy party may fall to 20 percent or 25 percent, from 33 percent, according to polling data obtained by McClatchy Newspapers.

The electoral shift expected in both countries, coming after the fall of leaders in Italy, Spain and the Netherlands, has gotten the attention of EU leaders. Herman van Rompuy of Belgium, president of the European Council, has said he may call for a special summit of European leaders.

On Friday night, Evangelos Venizelos, the PASOK party leader, warned that Greece might have to abandon the euro if his party fails. "Sunday will decide if we stay in Europe and in the euro," he said, "or if we send the country down the road of bankruptcy and its people to massive poverty."

The likelihood that Greek voters will reject their current leaders prompted an explicit warning from Germany – something that is almost certain to go down badly here. "The future government in Greece must abide by the country's commitments," Wolfgang Schaeuble, the German finance minister, said Friday, the Reuters news agency reported.

© Copyright The Sacramento Bee. All rights reserved.

Read more articles by Roy Gutman



About Comments

Reader comments on Sacbee.com are the opinions of the writer, not The Sacramento Bee. If you see an objectionable comment, click the "Report Abuse" link below it. We will delete comments containing inappropriate links, obscenities, hate speech, and personal attacks. Flagrant or repeat violators will be banned. See more about comments here.

What You Should Know About Comments on Sacbee.com

Sacbee.com is happy to provide a forum for reader interaction, discussion, feedback and reaction to our stories. However, we reserve the right to delete inappropriate comments or ban users who can't play nice. (See our full terms of service here.)

Here are some rules of the road:

• Keep your comments civil. Don't insult one another or the subjects of our articles. If you think a comment violates our guidelines click the "Report Abuse" link to notify the moderators. Responding to the comment will only encourage bad behavior.

• Don't use profanities, vulgarities or hate speech. This is a general interest news site. Sometimes, there are children present. Don't say anything in a way you wouldn't want your own child to hear.

• Do not attack other users; focus your comments on issues, not individuals.

• Stay on topic. Only post comments relevant to the article at hand.

• Do not copy and paste outside material into the comment box.

• Don't repeat the same comment over and over. We heard you the first time.

• Do not use the commenting system for advertising. That's spam and it isn't allowed.

• Don't use all capital letters. That's akin to yelling and not appreciated by the audience.

• Don't flag other users' comments just because you don't agree with their point of view. Please only flag comments that violate these guidelines.

You should also know that The Sacramento Bee does not screen comments before they are posted. You are more likely to see inappropriate comments before our staff does, so we ask that you click the "Report Abuse" link to submit those comments for moderator review. You also may notify us via email at feedback@sacbee.com. Note the headline on which the comment is made and tell us the profile name of the user who made the comment. Remember, comment moderation is subjective. You may find some material objectionable that we won't and vice versa.

If you submit a comment, the user name of your account will appear along with it. Users cannot remove their own comments once they have submitted them.

hide comments
Sacramento Bee Job listing powered by Careerbuilder.com
Quick Job Search
Buy
Used Cars
Dealer and private-party ads
Make:

Model:

Price Range:
to
Search within:
miles of ZIP

Advanced Search | 1982 & Older



Find 'n' Save Daily DealGet the Deal!

Local Deals