How the mighty have fallen

I’m watching with bemusement the freefall of Nicholas Sarkozy. John Thornhill in today’s Financial Times outlines three reasons for his problems: the economy, the personalization of the regime and the president’s “baroque personal life”. Thornhill seems to think Sarkozy’s reform plans are still on track, but having already caved in to taxi drivers, many other observers reckon his reforms will prove half-hearted.

Far more damning, however, is the verdict of a columnist in Spain’s El Pais (via Eurointelligence). My Spanish is poor, but thanks to Google’s translation tools, I can quote the last line:  “He has brought the republic to the level of the principality of Monaco.” Ouch.

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