Those countries who are experiencing economic doom and gloom are tending to move away from the old leaders, blaming them for their country's economic woes. This is hardly surprising. However in some countries those in power inherited a shambles and have done little to resolve the core issues.
French President Nicolas Sarkozy cannot blame his predecessors though. France has not elected a Socialist President for 30 years. Now it could be on the brink of doing so.
The first round of the election left Nicolas Sarkozy, for the right, battling it out with Francois Hollande, for the left. Tomorrow, Sunday May 6, 2012, the French people will end this election campaign. People who preferred one of the other political parties will have choose between more of the same from Sarkozy or a new approach from Francois Hollande.
Already some multi millionaires are saying that Hollande as President would result in them leaving France. This is because it is widely expected that Hollande will increase taxes for the uber wealthy to fund a planned period of growth. How they must love France. The talk is only of hitting the upper echelons of their wealth but already they are in panic mode. So often such people preach low taxes and the like to encourage jobs but they have no stomach for improvement when it may hit their bank balances.
Across Europe other leaders are waiting on the result of the French election. Greece too may opt for change this weekend, but that could be to leave the EU. Leaders such as Merkel in Germany and Cameron plus Osborne in the UK know that hard fought financial agreements could become worthless as quick as flash.
One way or another Europe is once more in for a very testing time.
Tags: European elections, French election, Greek election, Hollande, Sarkozy