Sarkozy determines the agenda of the bankers

As a result of the weak position of the French banks, they have to follow Sarkozy’s orders.

In the past Sarkozy got a lot of criticism due to the huge support of the French government towards the banks. In order to improve his political position, the French President dictates the banks to keep out of the tax paradises and to change their bonus system into a no-claims bonus system. If the banks refuse, they can’t no longer participate in public assignments.

Pieter Parret