Business View

French far-right candidate Marine Le Pen, who today reiterated his attacks on Europe, has become the Chief Whip of the euro currency rejecting half of the ten candidates for the presidency.

The single currency has become a weapon to attack the two main candidates, Socialist Francois Hollande and the outgoing president, the conservative Nicolas Sarkozy, both supporters of the euro.

Le Pen and Nicolas Dupont-Aignan sovereigntist are the most militant against the single-currency, although a recent survey says that two out of three French people are favorable to the euro.

The leftist Jean-Luc Mélenchon, fighting with Le Pen for third place in the first round next Sunday, is less categorical, but committed to changing the role of the European Central Bank (ECB) so you can pay directly to countries need.

In the event that the other partners do not accept this proposal, the candidate of the Left Front, where he joined the French Communist Party (PCF), does not rule out the euro.

Something similar happens to the Marxist and Trotskyist Nathalie Artaud Poutou Philippe, declared enemies of the “Europe of finance” symbolized by the single-currency.

The left-wing Gaullist Jacques Cheminade, the candidate who polls place in the last position, believes that “the euro has died, has self-destructed.”

But the hardest attacks to the single currency from the countryside of Le Pen.

The National Front candidate committed to a referendum to leave the euro and the franc as rescue national currency, a weaker currency would improve the competitiveness of Gallic products in international markets, while France would recover monetary sovereignty.

“The euro crisis rages, Spain is the latest victim and can not save,” said Le Pen, the third in the polls closely with Mélenchon.

The far-right candidate states that “Europe was one of the most prosperous continents of the world” before the euro and now “is in bankruptcy, with unemployment and poverty exponential.”

He contrasts the situation in the euro area with that of the European Union countries that do not have the single currency, such as Sweden, where growth is higher.

“We say it does not work because there is not enough Europe. But the reality is that the more we build Europe, worse going on. Somewhere there must be a problem,” he adds.