Berliner Boersenzeitung - France's Sarkozy: from palace to prison

EUR -
AED 4.248105
AFN 75.770596
ALL 92.762559
AMD 422.720519
ANG 2.0703
AOA 1061.880869
ARS 1706.354669
AUD 1.637736
AWG 2.083564
AZN 1.971037
BAM 1.955432
BBD 2.326962
BDT 141.823334
BGN 1.962242
BHD 0.435718
BIF 3453.950583
BMD 1.156733
BND 1.477822
BOB 13.465468
BRL 6.040925
BSD 1.155383
BTN 110.192281
BWP 15.565073
BYN 3.514139
BYR 22671.957183
BZD 2.323663
CAD 1.60514
CDF 2629.253412
CHF 0.941189
CLF 0.026851
CLP 1056.7913
CNY 7.800083
CNH 7.801606
COP 3603.822404
CRC 519.802266
CUC 1.156733
CUP 30.653411
CVE 110.244272
CZK 24.210763
DJF 205.741316
DKK 7.473191
DOP 67.627285
DZD 152.299364
EGP 57.668157
ERN 17.350988
ETB 186.897659
FJD 2.584377
FKP 0.854867
GBP 0.85516
GEL 3.019524
GGP 0.854867
GHS 12.651621
GIP 0.854867
GMD 85.024294
GNF 10149.091752
GTQ 8.815343
GYD 241.67456
HKD 9.077054
HNL 30.972177
HRK 7.532994
HTG 151.121586
HUF 363.017812
IDR 20622.34285
ILS 3.418265
IMP 0.854867
INR 110.410701
IQD 1513.515426
IRR 1590030.052589
ISK 142.166837
JEP 0.854867
JMD 182.965599
JOD 0.820169
JPY 184.272161
KES 149.331922
KGS 101.156702
KHR 4675.120976
KMF 493.925187
KPW 1041.059598
KRW 1638.639283
KWD 0.357061
KYD 0.962819
KZT 536.1092
LAK 26076.097131
LBP 103462.246866
LKR 384.457714
LRD 209.700572
LSL 18.691186
LTL 3.415531
LVL 0.699696
LYD 7.356617
MAD 10.715985
MDL 20.034233
MGA 4974.064769
MKD 61.513434
MMK 2428.897217
MNT 4159.622075
MOP 9.338444
MRU 46.399276
MUR 54.486429
MVR 17.871955
MWK 2003.423313
MXN 19.69164
MYR 4.726298
MZN 73.927211
NAD 18.691186
NGN 1572.659254
NIO 42.522005
NOK 10.922567
NPR 176.30785
NZD 1.940013
OMR 0.441007
PAB 1.155383
PEN 3.896867
PGK 5.190024
PHP 71.098608
PKR 320.900664
PLN 4.306226
PYG 6934.696128
QAR 4.211808
RON 5.236186
RSD 117.317942
RUB 97.161731
RWF 1698.980555
SAR 4.340955
SBD 9.310058
SCR 15.912008
SDG 694.622124
SEK 11.020235
SGD 1.480159
SHP 0.856984
SLE 28.344188
SLL 24256.10146
SOS 660.275854
SRD 43.926343
STD 23942.02751
STN 24.495394
SVC 10.109099
SYP 15039.835978
SZL 18.688486
THB 38.337629
TJS 10.669694
TMT 4.060131
TND 3.387463
TOP 2.785134
TRY 55.369898
TTD 7.827528
TWD 37.04043
TZS 3061.72433
UAH 51.684982
UGX 4292.192975
USD 1.156733
UYU 46.291296
UZS 13754.413873
VES 890.810236
VND 30246.82002
VUV 136.425482
WST 3.163074
XAF 655.833689
XAG 0.017878
XAU 0.000264
XCD 3.126128
XCG 2.082208
XDR 0.81787
XOF 655.833689
XPF 119.331742
YER 274.381102
ZAR 18.703474
ZMK 10411.984809
ZMW 21.835894
ZWL 372.467396
  • CMSC

    -0.0250

    21.45

    -0.12%

  • NGG

    -0.1500

    81.05

    -0.19%

  • RELX

    -0.2400

    34.43

    -0.7%

  • JRI

    0.0635

    12.61

    +0.5%

  • BCE

    0.1500

    23.47

    +0.64%

  • RIO

    -0.4100

    95.68

    -0.43%

  • RYCEF

    0.1300

    20.84

    +0.62%

  • GSK

    -0.4785

    49.52

    -0.97%

  • RBGPF

    0.0000

    71.34

    0%

  • BCC

    -0.8900

    83.24

    -1.07%

  • CMSD

    -0.0100

    21.58

    -0.05%

  • BTI

    -0.2900

    57.06

    -0.51%

  • VOD

    0.2000

    16.42

    +1.22%

  • BP

    0.2196

    42.53

    +0.52%

  • AZN

    -0.7900

    156.45

    -0.5%

France's Sarkozy: from palace to prison
France's Sarkozy: from palace to prison / Photo: JULIEN DE ROSA - AFP

France's Sarkozy: from palace to prison

Nicolas Sarkozy entered the Elysee Palace in 2007 boasting hyperactive energy and a vision to transform France, but lost office after just one term and the ex-president is now set to go to prison in a spectacular downfall.

Text size:

Embroiled in legal problems since losing the 2012 election, Sarkozy, 70, had already been convicted in two separate cases but managed to avoid going to jail.

But after a judge sentenced him on Thursday to five years for criminal conspiracy over a scheme to find funding from Libya's then-leader Moamer Kadhadi for his 2007 campaign, Sarkozy appeared to acknowledge that this time he will go behind bars.

Prosecutors have one month to inform Sarkozy when he must report to jail, a measure that will remain in force despite his promised appeal.

"I will assume my responsibilities, I will comply with court summonses, and if they absolutely want me to sleep in prison, I will sleep in prison but with my head held high," he told reporters after the verdict.

"I am innocent. This injustice is a scandal. I will not accuse myself of something I did not do," he added, declaring that hatred towards him "definitely has no limits".

The drama and defiance were typical of Sarkozy, who is still seen by some supporters on the right as a dynamic saviour of his country but by detractors as a vulgar populist mired in corruption.

- 'Won't hear about me anymore' -

Born on January 28, 1955, the football fanatic and cycling enthusiast is an atypical French politician.

The son of a Hungarian immigrant father, Sarkozy has a law degree but unlike most of his peers did not attend the exclusive Ecole Nationale d'Administration, the well-worn production line for future French leaders.

After winning the presidency at age 52, he was initially seen as injecting a much-needed dose of dynamism, making a splash on the international scene and wooing the corporate world. He took a hard line on immigration, security and national identity.

But Sarkozy's presidency was overshadowed by the 2008 financial crisis, and he left the Elysee with the lowest popularity ratings of any postwar French leader up to then.

Few in France have forgotten his visit to the 2008 agriculture show in Paris, when he said "get lost, dumbass" to a man who refused to shake his hand.

Sarkozy failed to win a second mandate in 2012 in a run-off against Socialist Francois Hollande, a bruising defeat over which he remains embittered more than a decade on.

The 2012 defeat made Sarkozy the first president since Valery Giscard d'Estaing (1974-1981) to be denied a second term, prompting him to famously promise: "You won't hear about me anymore."

That prediction turned out to be anything but true, given his marriage to superstar musician and model Carla Bruni and a return to frontline politics. But the latter ended when he failed to win his party's nomination for another crack at the presidency in 2017.

The series of legal woes left Sarkozy a behind-the-scenes political player, far from the limelight in which he once basked, although he has retained influence on the right and is known to meet President Emmanuel Macron.

But Sarkozy is tainted by a number of unwanted firsts: while his predecessor and mentor Jacques Chirac was also convicted of graft, Sarkozy was the first postwar French former head of state to be convicted twice and the first to be formally given jail terms.

Already stripped of the Legion of Honour, France's highest distinction, he will now be the first French head of state to go to jail since Philippe Petain, France's nominal leader during the Nazi occupation.

(T.Renner--BBZ)