In 1997, the National Bankruptcy Review Commission recommended that chapter 12 of the Federal Bankruptcy Code, the chapter that contains bankruptcy protection for family farmers, be made permanent. ↗
France isn't just any country in Europe, and its president is not an ordinary leader in the world. Sometimes directing or leading the way is not enough, he has to initiate policies, as Nicolas Sarkozy was able to demonstrate during his term. ↗
I think that France has not made it clear enough recently to our German friends how important it is to introduce euro bonds as a tool against speculation. And how the necessary budget discipline needs to be accompanied by growth. ↗
We're all taking part in this solidarity. The French, the Germans, just like all the Europeans in the ESM. Let's stop thinking that there's only one country who's going to pay for the others. That's false. ↗