05242013Headline:

France ‘totally bankrupt’, says labor minister Michel Sapin

France's labor minister sent the country into a state of shock after he described the nation as “totally bankrupt”.
 
Michel Sapin made the gaffe in a radio interview, which left French President Francois Hollande battling to undo the potential reputational damage.
 
“There is a state but it is a totally bankrupt state,” Sapin said. “That is why we had to put a deficit reduction plan in place, and nothing should make us turn away… Read more

Tehran Times

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