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Bildt: next French leader faces 'wake up' call
Carl Bildt and German Foreign Minister Guido Westerwelle

Bildt: next French leader faces 'wake up' call

Published: 06 May 2012 08:06 GMT+02:00
Updated: 06 May 2012 08:06 GMT+02:00

Speaking to the German daily Die Welt, Bildt voiced concern over the potential consequences of mooted attempts to renegotiate an EU budget treaty, even as he cast doubt over whether Hollande would in fact pursue that path.

"Are French politicians going to wake up at some point and recognize the economic reality of the modern world? One day or another that is going to happen," Bildt said.

"The question is: will it be such a brutal awakening that it affects all of us?" the Swedish minister added.

Sweden is an EU member but has not adopted Europe's single currency.

Hollande, who is tipped to win Sunday's French election, has said he will renegotiate a budget treaty approved by 25 of the European Union's 27 member

states in 2011, to put greater emphasis on growth.

Bildt wondered however "what will really be put into effect" if Hollande defeats President Nicolas Sarkozy, and urged whoever won to focus on fundamental economic weaknesses facing many EU countries.

"We must confront a series of structural problems," the Swedish minister said.

A leader of German Chancellor Angela Merkel's conservative CDU party said meanwhile that the EU budget treaty must remain intact if Hollande is elected

president.

"The budget treaty must not be relaxed ... our partners see things this way as well," Christian Democratic Union parliament speaker Volker Kauder told the regional daily Neue Osnabruecker Zeitung.

Hollande's position has nonetheless led to a marked realignment by some EU leaders who had backed calls for budget discipline as unemployment and growth become hot topics across the continent.

The EU has already been working on plans to encourage growth in countries with high unemployment, like Greece and Spain, with the core question one of how to best promote growth while still reducing excessive debt in Europe.

Some like Hollande want to stump up fresh funds for infrastructure investments, while others have pushed for reform of rigid labour markets and opening up of tightly controlled service sectors.

Kauder noted that in Germany "the chancellor has always said clearly that she wants to use existing EU funds more widely.

"There will not be new public programmes to boost activity, such as the German social democrats and Francois Hollande are calling for," he concluded.

Germany, the biggest donor to European Union structural funds, has been criticised by partners within the 17-nation eurozone for resisting calls to increase borrowing, for example via common eurozone bonds.

Kauder argued that using fiscal stimulus to promote growth "could only be financed by new debt. That would be exactly the wrong signal to send to financial markets" and exacerbate the eurozone debt crisis.

Hollande's campaign director Pierre Moscovici spoke meanwhile to the conservative German daily Frankfurter Allgemeine Zeitung, saying that the Socialist front-runner was not looking to pick a fight.

"We do not want to provoke a crisis. In the event of a possible transfer of power, Franco-German friendship will remain an essential structural element of our policies," Moscovici said.

On Friday, a German government spokesman told a press conference that Berlin "was never afraid of Francois Hollande," though Merkel publicly backed Sarkozy at the start of the campaign.

AFP/The Local (news@thelocal.se)

Your comments about this article

08:29 May 6, 2012 by rise
The thing with Bildt is a bit amusing. :) He's a big-headed one. I don't agree with very much he's saying, but then, for a county like Sweden with "no" population maybe being a bit like Bildt is a good thing(?) Why would anyone listen to Sweden, but yet he barks! At everyone. :)
11:20 May 6, 2012 by old git
my mother used to say empty vessels make the most sound.
12:09 May 6, 2012 by SimonDMontfort
'Carl Bildt urges the winner of the French presidential election to take account of European economic conditions'...?

I would have thought this is one of the things the French electors are considering in making their choice...?

Mr Bildt is a little bumptious sometimes
13:37 May 6, 2012 by cogito
French voters will certainly take into consideration a Swedish politico's wisdom before deciding.
21:33 May 6, 2012 by eltechno
What Bildt fails to understand is the the rest of the world has come to detest neoliberal swine like him. Perhaps he should learn from the "wake-up call" the French voters just handed Sarkozy.
21:50 May 6, 2012 by sgt_doom
Vive la France ! ! ! ! !

Bildt is afraid of people finally discovering what he was up to with Lundin Petroleum and massacres in Sudan!

Thanks to John Negroponte, Frank Wisner, Jr., and their Franco-American Foundation, Sarkozy was manipulated into power.

No go this time around...........
23:08 May 6, 2012 by gpafledthis
jeez !! these are are the saddest grouping of comments !! TL you are on the slippery slope !! If comments like this continue "even I" will unscribe !!
09:02 May 7, 2012 by entry
Francois Hollande from my cursory view seems to be a 'national socialist' which differs greatly from the mindless black clad 'hoodies' that are produced en masse from the universities these days.

Francois Hollande might very well be good for France. I thought the same of Obama in the USA and well I was really wrong there. Time will tell.
12:21 May 7, 2012 by Great Scott
@gpafledthis

Bye.

Now to get on with this topic. Buffoon Bidlt and the rest of his cronies are the people that really need a wakeup call. He is fast to criticise other people outside of Sweden yet fails to look in his own back yard. His is considered as an arrogant joke by most of the world's leaders that come in contact with him.

PS don't mention oil.
19:51 May 9, 2012 by viennacalling
Well this is quite timely Schueble of Germany just released a statement saying that if Greek Citizens choose to leave the EZ they can , What a Dick head Why Did He not Say and Preach This 3 Years Ago

I Have Always Stated over the Last 3 Years That EURO Bonds Is the Answer

and the New Guy in France said that Too

I have done the Math and Calculations Germany have sucked the Life out of the EZ for their Own Benifit , Ass Holes !
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