Nicolas Sarkozy

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  French Cabinet OKs EU Fiscal Pact

  By Marlene Y. Satter, AdvisorOne  |  September 19, 2012

  The pact faces opposition from a public tired of austerity and members of President Francois Hollande’s coalition government who oppose its measures.

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  Germany Doubles Down on Greece

  By Marlene Y. Satter, AdvisorOne  |  August 24, 2012

  German officials seem to be backing away from earlier hints that leniency would be possible toward Greece on complying with the budget constraints of its bailout package.

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  Germany, France Discuss United Front Against Lenience for Greece

  By Marlene Y. Satter, AdvisorOne  |  August 23, 2012

  Despite Greece's attempt to win additional time to comply with bailout conditions, Chancellor Merkel of Germany and President Hollande of France were discussing ways to send a firm message that Athens must adhere to its original conditions.

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  Top 10 Countries With Most Millionaires: Capgemini/RBC

  By Joyce Hanson, AdvisorOne  |  June 20, 2012

  Where are today’s HNW individuals most likely to be found? Capgemini/RBC Wealth Management's 2012 World Wealth Report lists the top countries for millionaires.

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  No Mercy for Greece After Summit: Germany

  By Marlene Y. Satter, AdvisorOne  |  May 24, 2012

  Although a Wednesday E.U. summit meeting ended with Greece being urged by leaders to remain in the joint currency bloc, Germany did not back down on its stance that Athens must adhere to austerity measures already agreed to.

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  Spanish Banks Downgraded

  By Marlene Y. Satter, AdvisorOne  |  May 18, 2012

  Moody’s cut the ratings of 16 Spanish banks, taking Banco Santander and Banco Bilbao Vizcaya Argentaria down three notches each. Fitch, meanwhile, dropped Greece into its lowest level in junk territory.

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  Greece Calls New Elections After Coalition Talks Fail

  By Marlene Y. Satter, AdvisorOne  |  May 15, 2012

  Greece will hold new elections after the three major parties and President Karolos Papoulias failed to form a governing coalition that could agree on how to handle the country's debt burden.

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  Greece, France Jockey for Change

  By Marlene Y. Satter, AdvisorOne  |  May 9, 2012

  Alexis Tsipras of the Syriza party in Greece has given leaders of other parties an ultimatum: reject the bailout and its tough conditions, or be shut out of the government.

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  Elections Leave Greeks Lacking Coalition, Others Rethinking Austerity

  By Marlene Y. Satter, AdvisorOne  |  May 8, 2012

  Successful votes against austerity from Greece to France have pushed officials to consider other ways to cope with the debt crisis in the euro zone.

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  Will Election Results Push Euro Down to Its Fair Value?

  By Janet Levaux, AdvisorOne  |  May 7, 2012

  Jim O'Neill of Goldman Sachs says a drop to 1.20 euros to the dollar is more likely than not.