France "Totally Bankrupt" Says Labour Minister; Inappropriate or Inaccurate?

Sometimes the truth comes from the strangest of places (like ranking government officials). I must say it's refreshing to see a bit of honesty, even if it is immediately denied elsewhere.

Please consider France 'totally bankrupt', says labour minister Michel Sapin.

France's labour minister sent the country into a state of shock on Monday 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,” Mr Sapin said. “That is why we had to put a deficit reduction plan in place, and nothing should make us turn away from that objective.”

Pierre Moscovici, the finance minister, said the comments by Mr Sapin were “inappropriate”.