Wednesday, May 09, 2007

French Socialists Criticise Sarkozy for Holidaying on Bolloré’s Private Yacht

FINANCIAL TIMES: Nicolas Sarkozy has sailed into trouble by spending his post-presidential election holiday on a private yacht, belonging to one of France's richest men, off the coast of Malta in the Mediterranean.

Officials from the opposition Socialist party criticised the incoming president for taking a three-day break away from the spotlight on a 60-metre yacht owned by Vincent Bolloré, the billionaire corporate raider.

"What is a problem, is the style of this holiday, the fact that it is on the yacht of a rich businessman and we don't know today if it was the Republic that covered the expense of this trip," said François Hollande, leader of the Socialist party.

"We thought the Chirac presidency was over and it was what Mr Sarkozy doubtless called 'a rupture' but I see that it is more a question of continuity," he said, referring to outgoing president Jacques Chirac's penchant for luxury holidays. Sarkozy sails into storm over holiday on private yacht (Read on)

Mark Alexander