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Francois Hollande

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  • ANALYSIS-France does the splits on EU economic governance Wednesday, 22 Oct 2014 | 5:53 AM ET

    *Germany seeks trade-off to avoid voting to punish Paris. PARIS, Oct 22- France has long called for a European economic government to harmonise the bloc's policies, but it is baulking now at that governance being applied to its own fiscal indiscipline. Germany, France's historic partner in European leadership, is pressing for the rules to be upheld but it is eager...

  • *Total's CEO a defender of Moscow policies. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plow as it was taking off from Moscow's Vnukovo airport on Monday night. The collision occurred minutes before midnight Moscow time as de Margerie's Dassault Falcon jet was taking off...

  • *Total's CEO a defender of Moscow policies. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plough as it was taking off from Moscow's Vnukovo airport on Monday night. The collision occurred minutes before midnight Moscow time as de Margerie's Dassault Falcon jet was taking...

  • *France under pressure to fix Europe's weakest economy. The CEO is among many bosses in France who won't hire a 50th worker, in order to avoid the subsequent obligation to run and pay for an in-house works council- something Goubault says is costly, time-consuming, and "entirely useless". Goubault's frustration is shared by bosses of small and mid-sized businesses...

  • *Further talks needed to bolster east Ukraine ceasefire. MILAN, Oct 17- Russia and Ukraine made progress on Friday towards resolving a row over gas supplies, but European leaders said Moscow had to do much more to prop up a fragile ceasefire and end fighting in eastern Ukraine. The mooted deal aimed at re-opening Russian gas supplies to Ukraine ahead of the cold...

  • IMF: Market sell-off may have been 'over-reaction' Friday, 17 Oct 2014 | 10:04 AM ET

    PARIS— The head of the International Monetary Fund says market turmoil this week may have been an "over-reaction," as leading economic figures met to discuss Friday the global economy and worries about another recession in Europe. Reforms in France are also on the agenda at Friday's meeting in Paris, in a country crippled by flat growth and high unemployment.

  • MILAN, Oct 17- Talks between Russia, Ukraine and European governments on Friday were "full of misunderstandings and disagreements", the Kremlin said, undercutting more upbeat messages from leaders hoping for a breakthrough in the Ukraine crisis. Russian President Vladimir Putin shook hands with his Ukrainian counterpart Petro Poroshenko at the start of a...

  • *Concern that Germany and ECB will do too little too late. PARIS, Oct 16- After a two-year siesta, the euro zone is back in the financial markets' firing line due to stagnating growth, low inflation, budget problems in France and Italy and rising political risk in Greece, where the bloc's debt crisis began in 2009.. But four overlapping factors have rekindled anxiety...

  • MILAN, Oct 16- Europe's priority must be to stimulate economic growth, Italy and France said on Thursday, putting themselves at odds again with Germany, which is demanding deficit rigour. Speaking in Berlin before flying to Italy, Merkel said the rest of Europe must stick to EU rules or the bloc's credibility would be at stake. Hollande blamed the market turmoil on a...

  • DIARY - Top Economic Events to Oct 29 Wednesday, 15 Oct 2014 | 8:01 PM ET

    CHELSEA, United States- Federal Reserve Chair Janet Yellen tours the CONNECT facility and meets consortium leaders and local residents to hear about conditions in the local economy and the impact of CONNECT for residents entering or re-entering the workforce- 1645 GMT. LONDON- Bank of England Deputy Governor Jon Cunliffe takes part in a panel discussion at...

  • Levy was drafted in 2002 into the management team that revived the then telecoms-to-media conglomerate Vivendi. The 59- year-old, who began his career at France Telecom, spent a decade paring back Vivendi film, TV and Internet assets. "At Vivendi and at Thales, he didn't turn up with an entourage," said Capron, who was finance director at Vivendi during part of Levy's...

  • France risks humiliating 'fail' in EU budget test Wednesday, 15 Oct 2014 | 9:24 AM ET

    France finds itself in the uncomfortable position of a student at the end of exams as it hands in its 2015 budget plans to European Union authorities for review. Wednesday's deadline for the bloc's 28 states to submit their budgets opens up a two-week window during which France and a few other countries who know they've missed key deficit targets must wait and...

  • Their forthcoming meeting in Milan is an encouraging sign for Moscow, Kiev and the West, who are balancing on the brink of a new gas rift following Russia's decision to cut supplies to Ukraine because of mounting debt. Ukraine faces possible energy shortages this winter if no deal is reached, which in turn risks causing disruptions to Europe's gas supplies-- as...

  • Oct 14- France's finance minister reaffirmed the country's commitment to conducting economic reforms on Tursday after ratings agency Fitch placed its AA+ rating on French bonds on negative watch, citing risks to growth and deficit-reduction plans. "Therefore, we believe there are downside risks to France's long-term growth potential."

  • France considers tightening controls on job-seekers Friday, 10 Oct 2014 | 11:46 AM ET

    PARIS, Oct 10- The French government is looking to impose tighter checks on the unemployed to ensure they are seeking work, an attempt to limit spending on benefits and cut joblessness that has split ruling Socialists and infuriated trade unions. Socialist Prime Minister Manuel Valls set off the outcry this week by suggesting more needed to be done to encourage...

  • France votes to be less nuclear-reliant Friday, 10 Oct 2014 | 9:37 AM ET

    PARIS— French lawmakers have voted to make their country a little less heavily dependent on nuclear energy. The lower house of parliament adopted a measure Friday to reduce the share of nuclear energy in the electricity supply from 75 percent currently to 50 percent in 2025. The nuclear share in the United States, in comparison, is about 19 percent.

  • PARIS, Oct 7- France said on Tuesday it was vital to act in order to stop Islamic State's advance on the northern Syria border town of Kobani, and was discussing with Turkey what could be done. Islamic State, an al Qaeda offshoot that has taken control of large parts of neighboring Syria and Iraq, has ramped up its offensive in recent days against the mainly Kurdish...

  • *France would then be granted more time for deficit reduction. The Commission is also likely to step up the disciplinary procedure against France to the final stage before fines while at the same time granting Paris the extra two years it wants to bring down its budget shortfall within EU limits. The decisions, some of which will be taken by the outgoing...

  • *France would then be granted more time for deficit reduction. The Commission is also likely to step up the disciplinary procedure against France to the final stage before fines while at the same time granting Paris the extra two years it wants to bring down its budget shortfall within EU limits. The decisions, some of which will be taken by the outgoing...

  • The left-leaning Guardian bemoaned: "No one can conceive of Renault, Fiat or indeed BMW fattening themselves up after years of emaciation, ready for sell-off to a foreign rival." The blow to British pride was made all the more acute by the success of France, where Peugeot and Renault were speeding ahead.