WORLD
February 15, 2012 | By Kim Willsher, Los Angeles Times
After weeks of what the French press branded "false suspense," President Nicolas Sarkozy on Wednesday night finally announced what everyone expected: He will seek a second term in office. Sarkozy, 57, said it was unthinkable that he would not want to remain in his post given the "unprecedented crisis in France, Europe and the world. " "It would be like a captain saying at the height of a storm that he was giving up," he said on live television. The announcement came as Sarkozy's Socialist Party rival, Francois Hollande, has pulled farther ahead in opinion polls.
BUSINESS
January 14, 2012 | By W.J. Hennigan and Kim Willsher, Los Angeles Times
Standard & Poor's stripped France of its coveted AAA credit rating and downgraded eight other Eurozone countries in a sign the continent's debt crisis has a way to go before being resolved. The action, announced after U.S. markets closed Friday, was somewhat expected since S&P warned in December that it might slash the ratings. Investors already had priced in the downgrades, for the most part — major global stock indexes suffered only moderate declines, and French bond yields went largely unaffected.
WORLD
December 5, 2011 | By Kim Willsher and Henry Chu, Los Angeles Times
The leaders of France and Germany pledged to remake the rules of Europe, creating a closer economic union buttressed by strict rules on government spending and automatic sanctions against countries that break them. They now must persuade the rest of Europe to agree, and convince dubious financial markets that the steps are enough to regain control over a debt crisis that threatens to destroy the common euro currency. Compromising on their policy differences, French President Nicolas Sarkozy and German Chancellor Angela Merkel said at a joint news conference in Paris on Monday that the European Union — or at least the inner core of 17 countries that share the euro — requires greater budgetary discipline.
WORLD
November 10, 2011 | By Don Lee, Los Angeles Times
It was but a glance, a little smirk that the German and French leaders shared in public when asked about Italy's prime minister, Silvio Berlusconi, and his country's economic woes. But that moment at a recent crisis meeting made it very clear where Italy — and everyone else — stands in the Eurozone pecking order. Many Europeans realize that their futures are being increasingly dictated by Germany and France — in that order of importance — personified by a mashup of German Chancellor Angela Merkel and French President Nicolas Sarkozy dubbed "Merkozy.
WORLD
October 21, 2011 | By Kim Willsher, Los Angeles Times
French President Nicolas Sarkozy proved unable to be in two places at once and live up to his nickname "SuperSarko the Omnipresident," missing the birth of his daughter to fly to Germany for talks on the Eurozone crisis with German Chancellor Angela Merkel. But upon his return to France, he spoke Thursday of the "very profound joy" felt by him and his wife, Italian-born First Lady Carla Bruni-Sarkozy, who confirmed that the child had been named Giulia, the Italian form of Julia. "We have been lucky enough to find great happiness.
WORLD
September 15, 2011 | By Patrick J. McDonnell, Los Angeles Times
British Prime Minister David Cameron and French President Nicolas Sarkozy paid a historic visit Thursday to the Libyan capital, praising the nation's revolution, urging fugitive former leader Moammar Kadafi to surrender and sending a not-so-subtle message to Syria that room for autocratic rule was shrinking in the region. Both nations played a leading role in the withering NATO air campaign that was essential in toppling Kadafi's rule after more than four decades in power. The two leaders were the first foreign heads of state to visit Libya since Kadafi was ousted from the capital last month and went on the run. "This does go beyond Libya; this is a moment when the Arab spring can become an Arab summer," Cameron told a news conference with Sarkozy and leaders of Libya's transitional government.