(Pitt Office of the Provost)

Does the election of a Socialist President in France signal a fresh start for the French economy? How will the EU be effected?

On Monday, François Hollande became the first French Socialist candidate elected president since 1981. He campaigned for higher  government spending and taxation. Does this signal a new economic approach to Europe’s financial problems?  What might happen to austerity? And what is the Socialist economic approach? Dr. Alberta Sbragia, University of Pittsburgh Vice Provost and former Director of the European Studies Center and the European Union Center of Excellence addresses these questions, and talks about the future of the EU.