Sarkozy defends record in speech

President Nicolas Sarkozy defended his unpopular policies as having insulated France from the worst consequences of Europe’s debt crisis, declaring in a nationalistic speech to thousands of supporters that “the truth doesn’t scare me”.

President Nicolas Sarkozy defended his unpopular policies as having insulated France from the worst consequences of Europe’s debt crisis, declaring in a nationalistic speech to thousands of supporters that “the truth doesn’t scare me”.

In the first major speech of his re-election campaign, Mr Sarkozy hit out at his opponent and election front-runner, Socialist candidate Francois Hollande, painting him as a liar who would say anything to get elected.

Just two months ahead of the two-round spring elections, Mr Sarkozy finally threw his hat into the ring on Wednesday, as expected. But with unemployment nearing 10% and the economy barely growing, Mr Sarkozy has trailed Mr Hollande in the polls for months, and many observers have said the gap may be insurmountable.

Today in the southern city of Marseille, Mr Sarkozy noted that the French were suffering, that many were out of work and struggling to stay in their homes. He acknowledged that he had raised the retirement age, was slashing the number of state employees and that all were facing a future with fewer benefits.

“These decisions, I take responsibility for them because they were difficult, but if I hadn’t made these decisions, where would we be today? That’s the question!” he shouted to an eruption of cheers and applause.

The answer, for Mr Sarkozy, was clear: he pointed to astronomically high unemployment in Spain, painful budget cuts in Italy and Greece and even to Americans forced from their homes because they were unable to pay their mortgages as proof that the crisis was global, but that France had escaped the worst of its consequences.

“France wasn’t carried off by a crisis of confidence,” he said, referring to countries, such as Italy, that have seen their borrowing costs skyrocket as investors demand higher interest rates to lend to them. “There hasn’t been the despair or violence that has touched so many other countries.”

While Mr Sarkozy’s opponents have used the poor state of the economy to hammer him, the president said he was prepared to stand by his record and even vowed that he was looking forward to the campaign – which analysts have said will be an uphill battle.

“The truth doesn’t scare me,” he declared.

The speech was remarkably nationalistic, beginning with meandering praise for all that Mr Sarkozy loves about France and mounting to a defence of his record in which each point was introduced by “to love France is to”.

His opponents’ ideas, by contrast, were labelled as springing from those who had forgotten French values. Though Mr Sarkozy did not refer to him by name, he sought to paint Mr Hollande as a waffler.

“Where is the truth when one pretends to be (Margaret) Thatcher in London and (Francois) Mitterrand in Paris?” Mr Sarkozy asked, referring to the union-busting, Conservative British prime minister and the iconic Socialist French president.

That dig appeared aimed at an interview Mr Hollande gave recently to British and American journalists in which he was quoted as saying that London’s financial centre should not fear him.

Mr Sarkozy has already balked at that reassurance, noting that Mr Hollande has also called the world of finance his “real adversary”.

Mr Hollande will get his chance to respond during an interview with one of France’s news channels.

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