Jon Queally's Blog

Fat America
MAY 7, 2012 4:33PM

The Day After: Europe Rejects Austerity

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Maria Margaronis

Supporters of France’s newly elected President François Hollande react after the early results during a victory rally at Place de la Bastille in Paris May 6, 2012. France voted in elections on Sunday and Hollande becomes the nation’s first Socialist president in seventeen years. (Reuters/Charles Platiau)So the voters have voted—in Britain, in France, in Greece, in Schleswig-Holstein—and the markets are tumbling.

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