Europe is seeking to agree by year-end on how to close failing banks, part of an ambitious plan to create a single banking framework.» Read More
*France and Germany divided over breadth of the scheme. BRUSSELS, Dec 9- Europe is seeking to agree by year-end on how to close failing banks, part of an ambitious plan to create a single banking framework and fix broken lenders whose problems have festered since the financial crisis.
*France and Germany divided over breadth of the scheme. BRUSSELS, Dec 9- European countries are seeking to agree before year-end on how to close failing lenders, part of an ambitious plan to create a single banking framework and fix broken banks whose problems have festered since the financial crisis.
BRUSSELS, Dec 6- European ministers make a fresh attempt next week to agree a blueprint to close failing banks but progress is uncertain as the fundamental questions of who gets the power to close a bank and how to pay the bill remain open.
PARIS, Dec 4- The rush to Paris's Charles-de-Gaulle airport for flights to China began on Friday, Oct. 11. "There's a big exodus to China right now," a bemused trade unionist at the Paris- based company told Reuters that weekend. It has survived two world wars and become an emblem of France.
MADRID/ PARIS, Nov 27- One year ago, when Spain's Mariano Rajoy travelled to Paris to meet France's Francois Hollande for their annual bilateral summit, only one question was on the agenda: if and when Spain would seek a European bailout for its crippled public finances.
PARIS, Nov 26- France's Socialist government must carry out a proper tax reform that will cut the pressure on businesses and stop knocking the country's entrepreneurs, France's "boss of bosses" Pierre Gattaz said in an interview.
BRUSSELS/ KIEV, Nov 25- The European Union expressed strong disapproval on Monday of Russian pressure on Ukraine to reject an EU trade deal, while police fired tear gas at pro- Europe protesters in the former Soviet republic, torn once more between East and West. Moscow has accused the European Union of putting the squeeze on Kiev, too.
MADRID, Nov 25- Spain was on track to meet its 2013 public deficit target as of the end of September, Treasury Ministry figures showed on Monday, in the latest sign that one of Europe's biggest funding gaps may eventually be coming under control. The figure includes the central government, social security and Spain's 17 regional governments, but not city halls.
BRUSSELS/ KIEV, Nov 25- The European Union expressed strong disapproval on Monday over Russia's pressure on Ukraine to reject an EU trade deal, while police fired tear gas at pro- Europe protesters in the former Soviet republic's capital, Kiev. At the same time, Moscow has accused the European Union of putting the squeeze on Kiev, too.
*France uniquely placed for quick interventions. One reason for the box-office success of "Quai d'Orsay"- named after the 19th century palace by the River Seine where France conducts its world affairs- is how closely it flirts with real-life policy.
LONDON, Nov 21- Before sitting down to negotiate with someone, make sure they have the authority to deliver their side of the deal.
ZURICH, Nov 19- Switzerland will vote on Sunday on whether to limit the salaries of top executives so they don't earn more in a month than the lowest paid workers earn in a year, a move that could mean big pay cuts for business leaders earning millions.
*France falling behind southern European countries. Money managers from firms which collectively steer assets of about $1.25 trillion told the Reuters Global Investment Outlook Summit in London that economic and political stasis in the euro zone's second biggest economy was hard to price and trade but held significant threats to the bloc nonetheless.
*Israel at odds with U.S. over easing Iran sanctions. JERUSALEM, Nov 17- President Francois Hollande assured Israel on Sunday that France would continue to oppose an easing of economic sanctions against Iran until it was convinced Tehran had given up any pursuit of nuclear weapons.
*Spain pulled out of recession. BRUSSELS/ PARIS, Nov 14- The euro zone economy all but stagnated in the third quarter with France's recovery fizzling out and slower expansion in Germany.
*Spain pulled out of recession. PARIS/ BERLIN Nov 14- France's economic recovery fizzled out in the third quarter of the year and German growth slowed, indicating just how far the euro zone has to go to put years of crisis behind it.
By Leigh Thomas and Elizabeth Pineau. Nearly 6 million people under the age of 25 are without work in the European Union, with jobless rates among the young at close to 60 percent in Spain and Greece.
*France hosts more than 20 leaders for second EU jobs meet. *No plan to move beyond steps agreed in July in Berlin. PARIS, Nov 12- Soaring youth unemployment will top the agenda when France hosts a European jobs summit on Tuesday, but leaders will eschew radical proposals to tackle a problem that risks fuelling social unrest and political extremism.
SYDNEY/ SINGAPORE, Nov 11- The dollar held near a two-month high against a basket of major currencies on Monday, having staged a broad rally after upbeat U.S. jobs data bolstered the case for the Federal Reserve to scale back stimulus as early as next month.
SYDNEY, Nov 11- The U.S. dollar held near two-month highs against a basket of major currencies early in Asia on Monday, having staged a broad rally after upbeat U.S. jobs data bolstered the case for the Federal Reserve to scale back stimulus as early as next month.