Hollande pledges to intervene when redundancies loom
French presidential front-runner Francois Hollande has promised to intervene with companies to avoid mass redundancies and said he will rein in the financial world if he wins.
Conservative president Nicolas Sarkozy is fighting to stay in power but polls suggest that he will lose a May 6 election runoff to the Socialist Mr Hollande, who has railed against Mr Sarkozy’s budget cuts and promised new government spending.
