Berliner Boersenzeitung - Sarkozy conviction exposes political divide in crisis-hit France

EUR -
AED 4.277337
AFN 76.971308
ALL 96.539099
AMD 443.649903
ANG 2.084865
AOA 1068.023931
ARS 1670.170535
AUD 1.754436
AWG 2.096448
AZN 1.9742
BAM 1.955579
BBD 2.345435
BDT 142.473912
BGN 1.955579
BHD 0.43905
BIF 3440.711472
BMD 1.164693
BND 1.50853
BOB 8.047091
BRL 6.335467
BSD 1.164469
BTN 104.700177
BWP 15.471253
BYN 3.347922
BYR 22827.992243
BZD 2.342036
CAD 1.6108
CDF 2599.595791
CHF 0.937064
CLF 0.02737
CLP 1073.707555
CNY 8.234499
CNH 8.234698
COP 4424.200415
CRC 568.835767
CUC 1.164693
CUP 30.864377
CVE 110.25255
CZK 24.206977
DJF 207.366584
DKK 7.473932
DOP 74.531584
DZD 151.064942
EGP 55.309188
ERN 17.470402
ETB 180.625704
FJD 2.632731
FKP 0.873164
GBP 0.874723
GEL 3.138845
GGP 0.873164
GHS 13.246504
GIP 0.873164
GMD 85.022604
GNF 10118.85737
GTQ 8.919993
GYD 243.632489
HKD 9.06683
HNL 30.670537
HRK 7.536379
HTG 152.442786
HUF 381.91584
IDR 19438.210099
ILS 3.76861
IMP 0.873164
INR 104.758942
IQD 1525.527736
IRR 49048.181833
ISK 149.057092
JEP 0.873164
JMD 186.388953
JOD 0.825787
JPY 180.84192
KES 150.63299
KGS 101.852136
KHR 4662.473509
KMF 491.500098
KPW 1048.223551
KRW 1716.537243
KWD 0.357526
KYD 0.97049
KZT 588.913499
LAK 25252.148505
LBP 104281.524439
LKR 359.18944
LRD 204.956856
LSL 19.736071
LTL 3.439037
LVL 0.704511
LYD 6.330285
MAD 10.755485
MDL 19.813763
MGA 5194.413442
MKD 61.63304
MMK 2445.387464
MNT 4131.602963
MOP 9.338146
MRU 46.437756
MUR 53.657551
MVR 17.951252
MWK 2019.271982
MXN 21.202091
MYR 4.788046
MZN 74.435387
NAD 19.736071
NGN 1688.89839
NIO 42.855161
NOK 11.772943
NPR 167.520083
NZD 2.015268
OMR 0.44693
PAB 1.164568
PEN 3.914358
PGK 4.941442
PHP 68.676135
PKR 326.469235
PLN 4.229415
PYG 8009.095606
QAR 4.244621
RON 5.092734
RSD 117.386745
RUB 89.464862
RWF 1694.308677
SAR 4.371215
SBD 9.586117
SCR 15.776956
SDG 700.559902
SEK 10.953447
SGD 1.508575
SHP 0.873822
SLE 27.6056
SLL 24423.037799
SOS 664.324984
SRD 44.990951
STD 24106.803566
STN 24.497234
SVC 10.189849
SYP 12877.826534
SZL 19.720773
THB 37.124621
TJS 10.684394
TMT 4.088074
TND 3.416014
TOP 2.804302
TRY 49.551599
TTD 7.894109
TWD 36.442065
TZS 2841.579126
UAH 48.88768
UGX 4119.534819
USD 1.164693
UYU 45.544857
UZS 13931.426851
VES 296.474979
VND 30701.32018
VUV 141.34849
WST 3.247877
XAF 655.882937
XAG 0.019966
XAU 0.000277
XCD 3.147643
XCG 2.098763
XDR 0.815708
XOF 655.882937
XPF 119.331742
YER 277.837661
ZAR 19.726999
ZMK 10483.641498
ZMW 26.92296
ZWL 375.030826
  • RBGPF

    0.0000

    78.35

    0%

  • SCS

    -0.0900

    16.14

    -0.56%

  • CMSD

    -0.0700

    23.25

    -0.3%

  • RYCEF

    -0.0500

    14.62

    -0.34%

  • CMSC

    -0.0500

    23.43

    -0.21%

  • NGG

    -0.5000

    75.41

    -0.66%

  • GSK

    -0.1600

    48.41

    -0.33%

  • VOD

    -0.1630

    12.47

    -1.31%

  • BTI

    -1.0300

    57.01

    -1.81%

  • RIO

    -0.6700

    73.06

    -0.92%

  • RELX

    -0.2200

    40.32

    -0.55%

  • BCE

    0.3300

    23.55

    +1.4%

  • JRI

    0.0400

    13.79

    +0.29%

  • BCC

    -1.2100

    73.05

    -1.66%

  • BP

    -1.4000

    35.83

    -3.91%

  • AZN

    0.1500

    90.18

    +0.17%

Sarkozy conviction exposes political divide in crisis-hit France
Sarkozy conviction exposes political divide in crisis-hit France / Photo: JULIEN DE ROSA - AFP

Sarkozy conviction exposes political divide in crisis-hit France

The dramatic decision to send former president Nicolas Sarkozy to prison for criminal conspiracy has laid bare France's stark political divisions, with the move cheered by the left but slammed by the ascendant right.

Text size:

Sarkozy, seen as a mentor to many conservative politicians, was convicted on Thursday over a scheme enabling late Libyan dictator Moamer Kadhafi to fund his 2007 presidential run.

He must serve his sentence while awaiting the outcome of his appeal, and will be the first French postwar leader to serve jail time.

The conviction comes at a deeply sensitive moment, with France in political deadlock and the far-right sensing its best ever chance to come to power.

Speaking to broadcaster RTL, Henri Guaino, a former special adviser to Sarkozy, called the conviction "a humiliation for the state and its institutions".

Guaino urged President Emmanuel Macron to pardon Sarkozy, who was president of France from 2007 to 2012, allowing him to avoid prison.

There was no immediate reaction from Macron's office.

Despite his legal troubles, Sarkozy still enjoys considerable influence and popularity on the French right and has on occasion had private meetings with Macron.

- 'It's Nicolas who pays' -

In an editorial, conservative French daily Le Figaro denounced the court ruling as "absurd and incomprehensible", claiming there was no "tangible evidence" of Sarkozy's wrong-doing.

Left-leaning Liberation featured Sarkozy's face on its front page, with the words "The slammer" printed over it.

Far-right leader Marine Le Pen, who has herself been convicted of embezzlement and insists she is a target of a "witch hunt", criticised Thursday's ruling.

She argued on X that the use of provisional enforcement represented "a great danger, in view of the fundamental principles of our law, foremost among which is the presumption of innocence".

In France, provisional enforcement means that a judicial decision will be implemented even as the appeals process plays out.

Le Pen drew parallels between her own case -- which saw her banned from standing for office for five years, scuppering her chances of running in France's 2027 presidential election unless she wins her appeal -- and that of Sarkozy.

"A number of magistrates have a kind of scorecard where they try to pin down as many politicians as possible," she told broadcaster LCI.

But some on the left expressed their satisfaction.

"In the end, it's Nicolas who pays," quipped hard-left lawmaker Anais Belouassa-Cherifi, referring to a right-wing viral meme denouncing the tax burden on ordinary French people.

But Liberation daily said it did not see the conviction as a cause for celebration.

In an editorial, the newspaper said Sarkozy's case as well as various other political scandals only serve to widen the gap between the French people and the elites.

There is "only one winner in the long run: the far right."

The court ordered that Sarkozy should be placed in custody at a later date, with prosecutors to inform him on October 13 when he should go to prison.

He has already been convicted in two separate trials but always avoided jail.

lum-leo-far-as/ekf/st/giv

(U.Gruber--BBZ)