08 Jun '11, 7am

French presidential hopeful wants EU protectionism: PARIS - FRENCH Socialist presidential hopeful Segolene Royal...

PARIS - FRENCH Socialist presidential hopeful Segolene Royal called on Tuesday for Europe to impose protectionist measures to support its industries. Ms Royal, who lost to President Nicolas Sarkozy in a 2007 presidential run-off, trails left-wing rivals in opinion polls and is seen as unlikely to clinch the Socialist nomination for April's election despite her popularity among younger voters. But her stance on issues such as repealing a pension reform passed by Mr Sarkozy's government have helped colour the debate within the Socialist party, which leads the ruling conservative UMP party in opinion polls. 'We need protectionist politics, with common rules on a European level,' said Ms Royal in an interview with L'Express. 'Let's put up selective barriers for industries facing (competition from) countries where labour is 20 times cheaper or environmental norms are non-existe...

Full article: http://www.straitstimes.com/BreakingNews/World/Story/STIS...

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