The government s growth strategy of increasing capex spending through its budget can at best support the economy by offsetting smaller investments by central public sector enterprises, but not stimulate GDP to a higher trajectory
in the last two years, 13 governments in the european union have either collapsed or been voted out of power. today, french president nicolas sarkozy is caught in a runoff with francois hollande that cast him his job. under sarkozy, france s unemployment climbing to 10%, while economic growth ground to a halt. also today, greece, a national election taking place in a society crushed by debt. greek unemployment now at 21%. up from just 9% before bailouts and austerity brought protesters to the streets. and as no other network can, we brought together cnn s best from around the world. veteran business correspondent john defterios from abu dhabi, he ll break down what you need to know. jim bittermann is live from paris at the headquarters of now defeated french president nicolas sarkozy. he just conceded to socialist francois hollande. matthew chance is in athens at the center of an election that also took place today, greek voters deciding whether they are willing to accept tou