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Thursday, 16 February 2012 - France's Sarkozy launches presidential election |
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      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Summits Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. 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Credit: Reuters/Charles Platiau By Daniel Flynn and Leigh Thomas PARIS | Wed Feb 15, 2012 3:07pm EST PARIS (Reuters) - President Nicolas Sarkozy formally declared his candidacy for a second term Wednesday seeking to overturn a wide poll lag with promises to get the unemployed back to work and use referendums to consult the French people on reforms. The center-right president, who trails Socialist challenger Francois Hollande in opinion polls, ended weeks of speculation over the timing of his bid by saying that like a sea captain in a storm, he could not "abandon my post." "Yes I am a candidate for the presidential election," he told TF1 channel's evening news program, saying a "strong France" would protect people from global economic turmoil. Dozens of polls show Hollande would beat Sarkozy by up to 15 points in a May 6 runoff, but the president's allies hope his dynamic campaigning style will allow him to narrow the gap before a April 22 first round. Despite a disapproval rating of 68 percent, Sarkozy hopes to present himself as an experienced leader who can drag France out of an economic slump and overcome the euro zone crisis. "If you want to make me say I haven't achieved everything, that is for sure. I don't know anyone who has succeeded in everything," Sarkozy said. It was the nearest he came to apologizing for the unfulfilled promises of his five-year term. "What sort of campaign will I run? I will try to tell the truth. To ask the right questions and to offer strong ideas and say to the French 'choose now'." With unemployment stuck at a 12-year high of 9.3 percent and a stream of news about companies closing or relocating production abroad, Sarkozy -- who took office in 2007 pledging a return to full employment -- said he would focus on retraining the unemployed to get them back to work. After being accused of not listening to popular discontent over pension reforms and tax measures during his five years in power, Sarkozy pledged to consult voters on his reform program if re-elected. "The central idea of my program is to give power back to the French people via the referendum," Sarkozy said. Sarkozy said economic data released Wednesday showed his reforms were starting to work. Preliminary data from the INSEE statistics office showed that French gross domestic product (GDP) eked out 0.2 percent growth in the fourth quarter. It was the first time since the beginning of 2009 that French quarterly growth outperformed neighboring Germany, which Sarkozy has repeatedly held up as the economic model to follow. "NON-EVENT" In the past weeks, Sarkozy has announced a 1.6 percent VAT sales tax increase to fund a cut in payroll charges to improve French firms' competitiveness and he is introducing a 0.1 percent tax on financial transactions. He is expected to flesh out his campaign platform in a keynote speech in the Mediterranean port city of Marseille on Sunday. A formidable campaigner, he will hold his first rally on Thursday in the Alpine town of Annecy. Sarkozy's announcement coincided with Hollande's second major campaign speech Wednesday in his home city of Rouen. A Harris Interactive poll of first-round voting intentions, published Wednesday, showed Hollande and Sarkozy each gaining one point at 28 and 24 percent respectively. Far-right leader Marine Le Pen was seen winning 20 percent, centrist Francois Bayrou 13 percent and far-left challenger Jean-Luc Melenchon eight percent. In the run-off second round on May 6, Hollande would beat Sarkozy 57 percent to 43 percent. Polling analysts say that with just nine weeks to go, Sarkozy will have a hard time to make up so much lost ground. "Sarkozy still has a small change of winning if he manages to pull the Socialist candidate into his issues of immigration and security, and as long as the debate does not focus on his personality or achievements," Harris Interactive polling chief Jean-Daniel Lvy told Reuters. Sarkozy and Hollande both say their priority is to restore public finances and whoever becomes the next president will have to push through roughly 100 billion euros of austerity measures in the next five years to plug the state deficit. But they propose very different ways to reach that goal. Hollande kicked off his campaign in late January with an economic program that would raise taxes on banks, big firms and the wealthy to help him reduce the public deficit while pumping more funds into education and state-aided job creation. (Reporting by Marine Pennetier, John Irish and Geert De Clercq; Writing by Geert De Clercq; Editing by Paul Taylor) World France Election Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (1) alyoshablue wrote:   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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