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Politics Francois Hollande

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  • PARIS, Aug 25- China can cope with its current stock market turmoil but must play its part in global economic governance, President Francois Hollande said on Tuesday. "The level of growth in China, even if it has slowed, is still at an enviable level," he said, speaking minutes before the Chinese central bank cut interest rates to help stabilise markets.

  • BERLIN, Aug 24- The leaders of Germany and France voiced confidence on Monday that China would take the necessary steps to stabilise its economy, playing down the impact of a recent plunge in Chinese stocks on the global economy. "China is a big country, it's the number two economy in the world. German Chancellor Angela Merkel, hosting Hollande and Ukrainian...

  • BERLIN, Aug 24- China, the world's second largest economy, will find the appropriate remedies to ensure its economic growth, French President Francois Hollande said on Monday at a news conference in Berlin. Chancellor Angela Merkel added at the same news conference that she was certain China would do everything it possibly could to stabilise the situation...

  • *India needs new warplanes to upgrade aging air force. Two senior Indian defense officials told Reuters that both sides were wrangling over the unit price of the aircraft and a condition that planemaker Dassault Aviation invest a big percentage of the value of the multi-billion dollar contract in India. That followed three years of commercial negotiations...

  • *Greece reaches deal in time to meet Aug. 20 debt payment. ATHENS, Aug 11- Greece and its international lenders reached an 85 billion euro bailout agreement on Tuesday after nailing down the terms of new loans needed to save the country from financial ruin. The agreement gives Greece some respite after a turbulent year marked by acrimonious talks with lenders, the...

  • *Greece reaches deal in time to meet Aug. 20 debt payment. ATHENS, Aug 11- Greece and its international lenders reached an 85 billion euro bailout agreement on Tuesday after nailing down the terms of new loans needed to save the country from financial ruin. The agreement gives Greece some respite after a turbulent year marked by acrimonious talks with lenders, the...

  • *Greece, France seek quick deal, Germany warning against haste. BRUSSELS/ ATHENS, Aug 7- Senior EU officials will confer by telephone late on Friday on progress in negotiations between Greece and its international creditors on a third bailout for the near-bankrupt euro zone country with Germany reported to be warning against haste. Athens is negotiating with...

  • *Greece, France seek quick deal, Germany warning against haste. BRUSSELS, Aug 7- Senior EU officials will confer by telephone late on Friday on progress in negotiations between Greece and its international creditors on a third bailout for the near-bankrupt euro zone country with Germany reported to be warning against haste. Athens is negotiating with European...

  • ATHENS/ ISMAILIA, Egypt, Aug 6- A new bailout for Athens should be agreed by late August, Greek Prime Minister Alexis Tsipras and French President Francois Hollande said on Thursday. Greece is in negotiations with the European Union and International Monetary Fund for as much as 86 billion euros in fresh loans to stave off financial ruin and economic collapse.

  • ISMAILIA, Egypt, Aug 6- Egypt received a show of international support on Thursday as it inaugurated a major extension of the Suez Canal which President Abdel Fattah al-Sisi hopes will power an economic turnaround in the Arab world's most populous country. The former armed forces chief, who led a military takeover two years ago but ran for president as a civilian...

  • ISMAILIA, Egypt, Aug 6- Egypt staged a show of international support on Thursday as it inaugurated a major extension of the Suez Canal which President Abdel Fattah al-Sisi hopes will power an economic turnaround in the Arab world's most populous country. The former armed forces chief, who led a military takeover two years ago but ran for president as a civilian...

  • ISMAILIA, Egypt, Aug 6- Nationalist celebrations to inaugurate a major extension of the Suez Canal intended to power an economic turnaround began on Thursday when Egyptian President Abdel Fattah al-Sisi boarded a historic yacht to welcome foreign dignitaries. The $8 billion New Suez Canal project was completed in just one year instead of three on Sisi's...

  • PARIS, July 31- French President Francois Hollande said on Friday no agreement had been reached yet on the cancellation of a Mistral helicopter carriers deal with Russia and that he would take a decision in the coming weeks. Russian media had reported earlier on Friday that Paris and Moscow had reached a compensation deal for the cancellation of the delivery of...

  • France, Russia reach Mistral compensation deal - RIA Friday, 31 Jul 2015 | 4:14 AM ET

    MOSCOW/ PARIS, July 31- France and Russia have reached a compensation deal for the cancellation of the delivery of two French-made Mistral helicopter carriers, according to Russian media reports. "I hope that in the nearest future an agreement will be signed on breaking the contract, and then the sum that France will pay us will be announced," RIA quoted Kozhin as...

  • DUBAI, July 29- On the first visit to Iran for 12 years by a French foreign minister, Laurent Fabius conveyed an invitation from President Francois Hollande to Iran's President Hassan Rouhani to visit France in November, Iranian media said. France hopes to secure business in Iran once Western sanctions are lifted under the nuclear deal, and Fabius said last week...

  • French jobless edges up to new record in June Monday, 27 Jul 2015 | 12:00 PM ET

    PARIS, July 27- French jobless claims rose again to a new record in June, albeit at a slower rate, as a growing recovery failed to translate into job creation in the euro zone's second largest economy. The Labor Ministry said the number of people registered as out of work in mainland France stood at 3,553,500 at the end of June, up 1,300 on the month and 4.7 percent over...

  • *Farmers, taxi drivers, ferry workers show law-breaking pays. PARIS, July 24- Less than a year since France abandoned its "ecotax" on truckers after protesters destroyed the equipment built to collect it, similar strongarm tactics look to be working for the nation's farmers, cab drivers and ferry workers. Ferry workers who have repeatedly blocked the Channel...

  • French energy law dodges decisions on nuclear cuts Wednesday, 22 Jul 2015 | 2:55 PM ET

    *Sets carbon tax goal of 56 euros/ tonne by 2020. PARIS, July 22- French lawmakers passed a long-delayed energy bill on Wednesday, ushering into law President Francois Hollande's pledge to cut nuclear power to half of France's electricity mix in 2025 from 75 percent today, the highest share in the world. Accompanying the reduced nuclear contribution, renewable...

  • PARIS, July 22- France announced measures worth up to 1.1 billion euros on Wednesday to support its livestock farmers and try to halt protests which have escalated in recent days into road blockades in the northwest. "The aim of the plan is to deal with the emergency but also to bring sustainable solutions," Prime Minister Manuel Valls said at the presidential...

  • PARIS/ BERLIN, July 22- Greece's new bail-out deal imposes a stiff dose of budget rigor and market deregulation which critics say few leaders of Western Europe's biggest nations have dared serve their own voters. "Francois Hollande is very good at telling others how to do their reforms," opposition French conservative Xavier Bertrand said in a dig at France's...