Traders Michael Zicchinolfi (left) and Vincent Quinones keep an eye on prices ... more >She explained that the new French president will need to speak publicly about continuing with the austerity measures.
“The markets were not ready to attack France right away,” she said. “They’re giving them a chance, but they better act quickly and decisively in letting the markets know that the austerity measures are going to continue in some format. It’s not like, ‘We stopped everything and are going to have a party.’ “
• This article is based in part on wire service reports.
© Copyright 2013 The Washington Times, LLC. Click here for reprint permission.
Tim Devaney is a national reporter who covers business and international trade for The Washington Times. Previously, he worked for the Detroit News, Grand Rapids Press, Portland Press Herald and Bangor Daily News. Tim can be reached at tdevaney@washingtontimes.com.
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