New president Francois Hollande will slash his salary and his ministers’ salaries, amid promises not to ratify the European treaty on fiscal discipline unless it is amended to include commitments to promote economic growth.
“What we’ve said is the treaty will not be ratified as it stands,” Moscovici told BFM TV. “We’re firm on this.”
Moscovici, part of a new left-leaning government formed after the swearing-in of Francois Hollande as France’s first Socialist president in 17 years this week, has taken over from his conservative predecessor Francois Baroin. The new French team was committed to serious management of public finances but also wanted a strong pro-growth strategy in Europe, he said, reiterating new president Francois Hollande’s line during the election campaign. Mr Hollande had long made his position clear on a pact that his predecessor, Nicolas Sarkozy, signed with other European leaders in March.
The new president discussed the issue with German Chancellor Angela Merkel in person within hours of his swearing-in this week, Moscovici said.
Its a good leader who is having a clean heart and love for his country .