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	<title>AlYunaniya &#187; European Investment Bank</title>
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	<description>Greece &#38; the Arab World</description>
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		<title>Hollande to help Greece</title>
		<link>https://www.alyunaniya.com/hollande-to-help-greece/</link>
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		<pubDate>Thu, 26 Apr 2012 05:59:00 +0000</pubDate>
		<dc:creator>AlYunaniya Staff</dc:creator>
				<category><![CDATA[Greece]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[crisis]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[European Investment Bank]]></category>
		<category><![CDATA[Hollande]]></category>
		<category><![CDATA[Sarkozy]]></category>

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		<description><![CDATA[French presidential frontrunner Francois Hollande vowed to help Greece if elected.]]></description>
				<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-1126" title="Hollande flickr" src="http://www.alyunaniya.com/wp-content/uploads/2012/04/Hollande-flickr.jpg" alt="" width="500" height="333" />French presidential frontrunner Francois Hollande vowed to help Greece if elected, he said on Wednesday in a press conference.</p>
<p>Mr. Hollande said that he wants to lighten the burden on Greeks, pointing out that Greece should “regain a level of development”, <em>Protothema</em> writes.</p>
<p>At the same time, he said that if elected next month he would set forth his ideas for improving economic growth in Europe in a letter to European Union leaders the next day.</p>
<p>Hollande, calls to renegotiate an EU fiscal in order to include methods to boost growth if he beats conservative  Nicolas Sarkozy in a May 6 election runoff as polls predict.</p>
<p>His letter would include four points: The creation of eurobonds to finance investment and industry projects, freeing up investment funds, a financial transaction tax and deploying unused structural investment funds for various prgrams.</p>
<p>Some of these measures will be hard to negotiate on a European level, but Hollande stated them as the debate in Europe began to shift away from the tight deficit-cutting rules imposed by the Sarkozy-Merkel alliance, <em>AFP</em> reports.</p>
<p>Hollande won 28.6 percent of the vote in the first round to Sarkozy&#8217;s 27.18 percent, and is forecast in opinion polls to beat the incumbent president on May 6.</p>
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