/ world today news/ The single European currency on the Asian markets became cheaper today, after yesterday’s elections were held in France and Greece, in which the main leaders suffered defeats.
The reason for this is that investors fear that the policy of financial restrictions in Europe will be questioned, writes AFP. The main question is about the future of the EU’s fiscal pact, after the new French president promised to review it and about the strict budgetary discipline and policy of restrictions imposed by the previous Merkel-Sarkozy tandem. The engine of France and Europe is now in the hands of Mr. “Normalen”, the supporter of economic growth, the Italian newspaper “Stampa” points out.
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