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France's job czar claims country 'bankrupt'

Posted By -NO AUTHOR- On 01/29/2013 @ 2:07 pm In Money,World | No Comments

(WASHINGTONTIMES) — France’s job czar embarrassed Socialist Party President Francois Hollande with weekend claims the country is “totally bankrupt,” according to various media.

But now French politicos are fighting back, calling Labor Minister Michel Sapin’s depiction of the nation’s fiscal health as inappropriate, and untrue.

“France is a truly solvent country, France is a truly credible country,” said Finance Minister Pierre Moscovici, in a BBC report.

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