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Francois Hollande


  • EU Leaders Strike Deal on Long Term Budget Friday, 8 Feb 2013 | 11:07 AM ET

    European Union leaders reached agreement on the first ever cut in their common budget on Friday after 24 hours of talks, seeking to placate millions at home struggling through government cutbacks and recession.

  • Google is to pay 60 million euros into a special fund to help French media develop their presence on the Internet.

  • Algeria Expects Heavy Hostage Toll From Siege Sunday, 20 Jan 2013 | 10:30 AM ET
    Algerian policemen stop cars at a checkpoint in In Amenas, deep in the Sahara near the Libyan border.

    Algeria said on Sunday it expected heavy hostage casualties after its troops ended a desert siege, but Western governments warned against criticizing tactics used by their vital ally in the struggle with Islamists across the Sahara.

  • No Quick Fix in Mali: Expert   Tuesday, 15 Jan 2013 | 11:20 AM ET
    No Quick Fix in Mali: Expert

    Manji Cheto, West African analyst, tells CNBC that France's aim to be out of Mali in a matter of weeks is extremely unrealistic.

  • France Cannot Avoid Reform: SocGen CEO   Friday, 21 Dec 2012 | 1:40 AM ET
    France Cannot Avoid Reform: SocGen CEO
  • Hollande Unveils Softened French Bank Reform Thursday, 20 Dec 2012 | 1:36 AM ET
    France Finance Minister, Pierre Moscovici

    France unveiled a long-awaited bank reform, hailing it as a model for the rest of Europe even as critics said it fell short of President Francois Hollande's campaign pledge to get tough with the financial sector.

  • Actor Depardieu: Success Being Punished in France Monday, 17 Dec 2012 | 1:11 AM ET
    French actor Gerard Depardieu

    The French actor, accused by French government leaders of being "pathetic" and unpatriotic in trying to dodge taxes by buying a house over the border in Belgium, has hit back at politicians.

  • Europe's Leaders Promise Further Steps to Quell Crisis Thursday, 13 Dec 2012 | 10:46 PM ET

    Europe's leaders agreed to press on with further steps to shore up their finances and sustain momentum in tackling the debt crisis on Friday, a day after clinching a deal on banking supervision and approving long-delayed aid to Greece.

  • Actor Depardieu's Belgium Move 'Pathetic:' French PM Thursday, 13 Dec 2012 | 5:02 AM ET
    A photo taken on December 10, 2012 shows a house in the Belgian village of Nechin near Estaimpuis allegedly bought by French actor Gerard Depardieu.

    Actor Gerard Depardieu's decision to establish residency in Belgium, which does not have a wealth tax, by buying a house just over the border with France, is "pathetic" and unpatriotic, French Prime Minister Jean-Marc Ayrault said on Wednesday.

  • France's Fiscal Cliff Is a Mountain: PPR CEO   Friday, 7 Dec 2012 | 2:50 AM ET
    France's Fiscal Cliff Is a Mountain: PPR CEO

    Francois Henri-Pinault the CEO of luxury retail company, PPR spoke to CNBC's Maria Bartiromo about the US fiscal cliff and about the business and economic climate in France.

  • Shareholders Clinch Pact to Overhaul EADS Ownership Thursday, 6 Dec 2012 | 1:22 AM ET

    The accord to wind down a Franco-German power-sharing pact came weeks after talks broke down to merge the group with UK arms firm BAE Systems, taking advantage of the groundwork for the failed $45 billion deal.

  • Japan-Style 'Lost Decade' Still Looms for Euro Zone Monday, 3 Dec 2012 | 2:30 AM ET

    The currency area's escape route hinges more on the pace of expansion in the United States and China, lifting the world economy, than on the policy mix in Europe, which will continue to favour austerity over growth in 2013.

  • French Jobless Total Hits 14-Year High Wednesday, 28 Nov 2012 | 3:58 AM ET
    Will France Undertake 'Shock' Job Market Reforms?

    The number of people out of work in France soared again in October to hit its highest level in 14-and-a-half years, piling pressure on Socialist President Francois Hollande who has promised to halt the relentless rise by the end of 2013.

  • Hollande’s Nationalization Threat to Mittal Wednesday, 28 Nov 2012 | 2:20 AM ET
    French President Francois Hollande.

    François Hollande demanded on Tuesday that Lakshmi Mittal, the steel magnate, guarantee the long-term future of workers at a disputed plant in northern France or face the threat of a state takeover of the operations.

  • Why Does France Hate Lakshmi Mittal?   Tuesday, 27 Nov 2012 | 1:30 AM ET
     Why Does France Hate Lakshmi Mittal?

    Plans by Arcelor Mittal to close two furnaces in North Eastern France have led to a bitter dispute, with one minister claiming the steel magnate is no longer welcome in France.

  • How Will Credit Downgrade Affect France?   Tuesday, 20 Nov 2012 | 11:00 AM ET
    How Will Credit Downgrade Affect France?

    Jane Foley, senior currency strategist at Rabobank, tells CNBC that Moody's downgrade of France's credit rating from AAA to Aa1 may be the shock that France needs to turn around its economy and regain competitiveness.

  • France's Complicated Tax System May Be Main Problem Monday, 19 Nov 2012 | 2:59 AM ET
    France's Complicated Tax System May Be Main Problem

    High tax levels in France have recently made the headlines, whether it be regarding the new 75 percent income tax, or over celebrities leaving the country on a quest for tax havens. But France’s main tax issue may lie elsewhere, Fanny Combourieu, lawyer at SJ Berwin, a law firm specializing in tax law, told CNBC.

  • French Superstar Actor Joins List of Tax Expats Wednesday, 14 Nov 2012 | 3:52 AM ET
    French Superstar Actor Joins List of Tax Expats

    Two months after Bernard Arnault’s bid for Belgian citizenship shocked France, another major cultural figure has crossed the border in a quest for lower taxes.

  • Anchors Fight Over French Wealth Tax   Wednesday, 14 Nov 2012 | 1:40 AM ET
    Anchors Fight Over French Wealth Tax

    Squawk Box Europe anchor Steve Sedgwick and Paris correspondent Stéphane Pedrazzi engage in a heated debate about whether a French wealth tax of 75% is justified.

  • PARIS, Nov 6- France is to grant 20 billion euros in annual tax credits to companies as a way of lowering labour costs, in a tougher-than-expected response to calls from business leaders to reverse decades of industrial decline. `` France is not condemned to the spiral of decline. `` France must win back its role as a great industrial power.''.