Tuesday, October 16, 2012
New car registrations were down 7.7pc in the third quarter from a year earlier. Unemployment has been creeeping up, reaching a post-euro high of 10.6pc. The fear is that a fiscal shock in 2013 will tip the economy into a sharp downward slide. “France needs more fiscal austerity right now like a hole in the head”. Genau. That's the Pepe plan.