Forget Grexit, “Madame Frexit” Says France Is Next: French Presidential Frontrunner Wants Out Of “Failed” Euro

Posted: June 25, 2015 in Economics

Le Pen is not a technocrat. In fact, as leader of the popular right-wing National Front party she is about as diametrically opposite as one can get to being a puppet of unelected bureaucrats. And that is concerning to Europe because having seen how easy it is for a populist party to get elected in Greece, promising an end to austerity and, if necessary, an exit from the Euro which in addition has become the “black sheep” political parties bogeyman.

Sure enough, that’s precisely Le Pen’s game plan: as she told Bloomberg in a recent interview, Le Pen, a frontrunner in France’s 2017 presidential election, says a Greek exit from the euro is inevitable. “And if it’s up to her, France won’t be far behind.

“We’ve won a few months’ respite but the problem will come back,” Le Pen said of Greece in an interview at her National Front party headquarters in Nanterre, near Paris, on Tuesday. “Today we’re talking about Grexit, tomorrow it will be Brexit, and the day after tomorrow it will be Frexit.”

What exactly are her demands:

She’s calling for an orderly breakup of the common currency, with France and Germany sitting around the table to dismantle the 15-year-old monetary union.

Since she took over from her father as head of the National Front in 2011, Marine Le Pen has done her best to push the anti-immigration party into the French political mainstream. She came third in the 2012 presidential race and currently has two members in the country’s National Assembly for the first time since 1997.

As a reminder, yesterday we reported that French unemployment just hit a record high.

Full Story @ [Zero Hedge]


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