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Greece Takes on Europe: Historic Elections Rock Status Quo (part 1)

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Far-left and far-right celebrate Syriza's victory

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Set, the new pro-Putin youth movement

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Live from the newsroom, we provide an overview of the stories making the French and international newspaper headlines. From Monday to Friday at 7.20 am and 9.20 am Paris time.

IN THE PAPERS

IN THE PAPERS

Latest update : 2012-07-03

Awash in numbers

It’s wall-to-wall economics in the French papers today: they’re pouring over the numbers in the state auditor’s report, and with the state of public finances come dark warnings and dubious word play about "rigour" and "austerity". Les Echos and Le Figaro say the budget shortfalls are so dire that the government will have to backtrack on its extravagant promises.

Just how bad is it? The budget shortfalls range from 6 to 10 billion euros this year, and are expected to reach up to 60 billion euros next year, according to La Croix

Same story, darker tone in Les Echos, which says France is condemned to implement unprecedented austerity measures. It will have to reconcile extravagant campaign promises with the cold reality of budget restraints.

Le Figaro, too, warns that the government will have to renege on campaign promises made just a few months ago, including the 60,000 teachers and support staff that Francois Hollande had planned to hire. 

By Kyle G. Brown

COMMENT(S)

Archives

2015-01-26 eurozone

'Syriza has opened a breach'

FRENCH PAPERS - Mon. 26.01.15: French papers largely focus on Greece and the victory of the anti-austerity Syriza party in the general election. Communist paper L'Humanité...

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2015-01-26 eurozone

Greece's political earthquake

INTERNATIONAL PAPERS - Mon. 26.01.15: Papers in Greece say a "page has turned" in Greek politics with the victory of the far-left Syriza party in the general election. Papers...

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2015-01-23 King Abdullah of Saudi Arabia

'Saudi King dies, the world shudders'

INTERNATIONAL PAPERS - Fri. 23.01.15: Papers across the world focus on the passing of King Abdullah of Saudi Arabia at the age of 90. His death adds another element of...

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2015-01-23 ECB

'Super Mario breaks the bank'

FRENCH PAPERS - Fri. 23.01.15: The spotlight is on European Central Bank President Mario Draghi and his decision to inject at least €1.1 trillion into the ailing eurozone economy...

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2015-01-22 Turkey

'Irony is History's most beautiful weapon'

INTERNATIONAL PAPERS - Thurs. 22.01.15: The Independent interviews Turkish Prime Minister Ahmet Davutoglu, who says the "flood of jihadi volunteers" crossing into Syria to fight...

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