Bloomberg News

Sarkozy Says France Unlikely to Ratify Treaty Before Elections

February 07, 2012

Jan. 30 (Bloomberg) -- France is unlikely to ratify the European Union treaty on fiscal discipline before the country holds two rounds of presidential elections in April and May, President Nicolas Sarkozy said.

“The treaty will be agreed in March, and as you know parliament doesn’t meet during the election campaign, so I think it would be unreasonable to expect the treaty to be approved before the elections,” he said at a press conference in Brussels and an EU summit.

Socialist challenger Francois Hollande, who leads Sarkozy in the polls, has said he’d renegotiate the treaty.

To contact the editor responsible for this story: Gregory Viscusi at gviscusi@bloomberg.net


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