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Francois Hollande

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  • French jobless total falls slightly in January Wednesday, 25 Feb 2015 | 12:02 PM ET

    PARIS, Feb 25- The number of unemployed people in France fell slightly in January, the first drop since August, as the government tries to spur growth and revive hiring in the euro zone's second-biggest labour market. The Labour Ministry said the number of people registered as jobless in mainland France fell by 19,100 last month to 3,481,600, down 0.5 percent...

  • France and Italy launch a rail project across the Alps Tuesday, 24 Feb 2015 | 10:36 AM ET

    PARIS— French president Francois Hollande and Italian prime minister Matteo Renzi have signed an agreement for a long-standing rail project to ease transport of freight across the Alps. The project, which would connect the cities of Lyon in France and Turin in Italy, includes the construction of a 57- kilometer tunnel for an estimated cost over 8 billion euros.

  • Germany's Wolfgang Schaeuble, the "immovable object" in the words of one economist, stopped Greece's charismatic new finance minister Yanis Varoufakis in his tracks, forcing Athens to extend a bailout program on Friday on terms its government was just elected to get out of. More than that, the confusion officials recounted from behind the scenes left mutual...

  • *Der Spiegel says ECB making contingency plans for Grexit. BRUSSELS, Feb 20- Euro zone finance ministers drafted an outline agreement on Friday that could form the basis for extending Greece's financial rescue package, officials on both sides said. European Union paymaster Germany, Greece's biggest creditor, had demanded "significant improvements" in reform...

  • *Greece could run out of money by end of March. BRUSSELS/ ATHENS, Feb 20- Greece's leftist prime minister said on Friday he was certain euro zone finance ministers would accept Athens' request for an extended loan but Germany demanded "significant improvements" in Greek reform commitments. German Chancellor Angela Merkel, speaking after talks in Paris, said all EU...

  • PARIS— France and Germany held out the possibility on Friday of sanctions if the Minsk accords to stabilize Ukraine are not respected. The two heads of state, along with the leaders of Ukraine and Russia, signed accords on Feb. 12 in a last-ditch effort to stabilize and bring peace to Ukraine— starting with a cease-fire that both Ukraine and rebels now say has been...

  • PARIS— German Chancellor Angela Merkel says there needs to be a "significant improvement" in Greece's request for further aid from its creditors but is underlining her wish to keep the country in the eurozone. Merkel said Friday Germany's aim since the debt crisis started has been to keep Greece in the euro and it will "try everything to continue on this path."

  • *Greece could run out of money by end of March. BRUSSELS/ ATHENS, Feb 20- Greece's new prime minister said on Friday he was certain euro zone finance ministers would accept Athens' request for an extended loan as EU paymaster Germany softened its hostile tone. Berlin and other euro zone hawks want guarantees that Greece will fulfil strict conditions in its...

  • *Greece could run out of money by end of March. BRUSSELS/ ATHENS, Feb 20- European Union paymaster Germany softened its tone on Friday as euro zone finance ministers raced to break a deadlock over Athens' debts. "We have covered four fifths of the distance, they also need to cover one fifth," the official said, adding Greece wanted to clinch a deal on Friday, but that it would...

  • *Berlin and Athens at odds. *Greece could run out of money by end of March. With EU paymaster Germany and the new radical leftist-led government in Athens digging their heels in over demands that Greece stick to strict austerity conditions in its international bailout programme, the two sides seemed far apart hours before a crucial Eurogroup meeting in Brussels.

  • Amid the tensions, Moscow sternly warned the cash-strapped Ukraine that its pay for Russian gas would only last for a few more days, raising the specter of another gas war with potential repercussions for Europe. A Ukrainian military spokesman said the Russia- backed rebels fired on Ukrainian positions nearly 50 times in the past 24 hours and that Russia sent...

  • PARIS— France's prime minister won a confidence vote Thursday called after rebels in his Socialist Party teamed up with conservatives to demand he scrap pro-business measures he rammed through parliament without a vote. A total of 234 lawmakers voted for the censure motion that triggered a political crisis and forced Prime Minister Manuel Valls to defend...

  • Putin calls West's bluff over Ukraine peace deal Wednesday, 18 Feb 2015 | 12:52 PM ET

    MOSCOW, Feb 18- Vladimir Putin has called Europe's bluff over east Ukraine as Russia- backed separatists seize a strategic town in defiance of a ceasefire brokered by France and Germany. But declaring the agreement dead would be likely to force Europe to impose new economic sanctions on Russia and increase pressure on U.S. "There is the notion that the West goes to...

  • PARIS— French Prime Minister Manuel Valls, invoking special powers, pushed through a pro-business economic reform bill without a vote on Tuesday, a move that drew a quick censure motion and will force the government into a showdown vote for its life. The bill that is meant to spur growth in France's stagnant economy, in part by throwing open some shop doors on...

  • PARIS, Feb 17- The French government said on Tuesday it could pass President Francois Hollande's economic reform bill by decree, removing the risk of it being blocked by a backbench rebellion. The reform package is needed to persuade the European Commission to give Paris more time to get its public finances into line with EU rules. A government source said Prime...

  • PARIS, Feb 17- Francois Hollande faces a major test on Tuesday when his flagship economic reform bill is put to parliament, 10 days before the European Commission rules on whether France's reforms go far enough to avoid sanctions for its budget slippages. The legislation, which responds to longstanding demands by the European Commission that France open up...

  • PARIS, Feb 17- French lawmakers vote on Tuesday on President Francois Hollande's flagship economic bill, which is a key part of his efforts to convince the European Commission that France is carrying out reforms and should not be punished for its fiscal slippages. Here are the main reforms in the bill:. In specially designated tourist zones- mainly in Paris-...

  • PARIS, Feb 17- Francois Hollande faces a major test on Tuesday when his flagship economic reform bill is put to parliament, 10 days before the European Commission rules on whether France's reforms go far enough to avoid sanctions for its budget slippages. The legislation, which responds to long standing demands by the European Commission that France open up...

  • 5 plaintiffs drop pimping accusations against DSK Monday, 16 Feb 2015 | 3:08 AM ET

    As the trial in northern France entered its third and final week Monday, it looked increasingly likely that the onetime presidential contender will walk away with a clean criminal record. Strauss-Kahn is accused of aggravated pimping over a series of sex parties in France, Washington and Brussels, while he was leading the IMF, and was married.

  • COPENHAGEN, Feb 15- Danish police shot and killed a man in Copenhagen on Sunday they believe was responsible for two deadly attacks at an event promoting freedom of speech and on a synagogue. The prime minister described the first shooting, which bore similarities to an assault in Paris in January on the office of weekly newspaper Charlie Hebdo, as a terrorist...