Europe: Economies flounder, leaders take holidays

posted by
August 10, 2011
Associated Press    
Posted in News, PND News

"As the European economy teeters on the precipice, President Nicolas Sarkozy of France is by the Mediterranean in his swimming trunks. His prime minister is vacationing in Tuscany. The entire 15-member Cabinet of debt-ridden Ireland has left Dublin, though the finance minister is taking calls from his home in Limerick. The European Union is pretty much shut. Europeans have always treasured their long summer vacations, and that goes for their leaders as well. But some analysts say this has left the continent rudderless just when firm action is needed." (08/10/11)

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