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The conservative UMP party suffers from crippling internal divisions and extreme debt from mismanagement.
Ex-president accused of accepting illegal donations from L'Oreal heiress Liliane Bettencourt, France's richest woman.
President pledges 30 billion euros in new taxes and savings to balance the budget and fund a turnaround in two years.
Socialist presidential candidate set for May 6 runoff with Nicolas Sarkozy, as far right's Marine Le Pen comes third.
Rallies being held a day before voters choose new president, with Sarkozy and Hollande running neck and neck.
A look at the measures proposed by Angela Merkel and Nicolas Sarkozy to save the single currency under a new treaty.
Merkel and Sarkozy say rescue package must be finalised in order to ensure the country receives next tranche of funds.
Symbol of France's far right does not belong to any one party says Nicholas Sarkozy in a bid to win votes.
The chairman of China's sovereign wealth fund remains sceptical about supporting a European bailout.
Rich with oil, Libyans may begin 2012 in a better position than other Arab revolutionaries.
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More than one-quarter of Gaza's population has been displaced, causing a humanitarian crisis.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Muslim charities claim discrimination after major UK banks began closing their accounts.
Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
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