The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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Hollande, Sarkozy lead French first-round vote

FRANKFURT (MarketWatch)
Socialist challenger Francois Hollande and French President Nicolas Sarkozy led first round voting as French polls closed in the initial leg of the country's presidential election on Sunday. Hollande held 28.4% of the vote, while Sarkozy held 25.5%, French television news channels reported
The pair are expected to face each other in a head-to-head runoff on May 6
Far-right candidate Marine Le Pen holds 20%, while support for the far left's Jean-Luc Melenchon was seen at around 12%, reports said

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