Francois Hollande


  • French president, GE boss to meet over Alstom future Sunday, 27 Apr 2014 | 6:54 PM ET

    PARIS, April 28- President Francois Hollande and his Economy Minister Arnaud Montebourg are set to meet with General Electric Chief Executive Jeff Immelt on Monday to discuss the future of French engineering group Alstom, a presidential official said.

  • The meeting follows news last week that GE is planning a $13 billion deal to buy Alstom's power turbines business, and comes after the intervention on Sunday of the French government and industry rival Siemens of Germany.

  • *French minister confirms GE wants to buy Alstom power arm. *President Hollande gathers ministers to discuss Alstom. PARIS/ FRANKFURT, April 27- Siemens and the French government intervened in General Electric's plan to buy the power arm of Alstom on Sunday with an alternative European "champions" tie-up proposal and a pledge to act in France's national interest.

  • *EU legislature faces challenge to its legitimacy. PARIS, April 27- At each election since Europe's unique experiment in cross-border democracy began in 1979, the percentage of voters casting ballots for the directly elected European Parliament has fallen.

  • Strong European currencies eat into company profits Thursday, 17 Apr 2014 | 9:42 AM ET

    *Others want European Central Bank to act. Some of Europe's largest companies including Danone, SAP AG and L'Oreal have posted buoyant first-quarter sales volumes in the past week thanks largely to strong demand in emerging markets such as Brazil and in North America.

  • PARIS, April 16- France vowed on Wednesday to honour its Europeans commitments on deficit reduction and rushed out details of its grand plan to curb public spending by 50 billion euros between 2015 and the end of President Francois Hollande's term in 2017..

  • Warnings fly in tense call between Obama and Putin Tuesday, 15 Apr 2014 | 9:38 AM ET
    President Barack Obama

    President Obama said to President Putin during a phone call that Russia would have to face further sanctions if it continues its actions in Ukraine.

  • LONDON, April 14- British Prime Minister David Cameron and German Chancellor Angela Merkel on Monday called on Russia to unequivocally condemn the occupation of government buildings in eastern Ukraine.

  • Valls speech signalled 'u-turn': Pro     Wednesday, 9 Apr 2014 | 3:30 AM ET

    Sophie Pedder, the Economist's Paris bureau chief, says new French prime minister Manuel Valls signaled a "u-turn" in policy, announcing tax and spending cuts.

  • PARIS, April 8- Things are changing in France's business world. But if you think that signals the end of the Gallic sneer at "Anglo-Saxon" ways- the free-market bent of the Americans and British- last week's promotion to economy minister for the interventionist Arnaud Montebourg is a reminder that laissez-faire government remains, in France, a linguistic irony.

  • The International Monetary Fund has already called on Europe to do more ahead of the IMF April 11-13 Spring gathering, alongside which G20 finance ministers and central bankers will meet.

  • PARIS, April 3- France's new government faced a first test of unity on Thursday as a power struggle broke out between Foreign Minister Laurent Fabius and new Economy Minister Arnaud Montebourg over control of trade policy.

  • PARIS, April 3- France's new government faced a first test of unity on Thursday as a power struggle broke out between Foreign Minister Laurent Fabius and new Economy Minister Arnaud Montebourg over control of trade policy.

  • *Trade deficit stands at about 61 bln euros. PARIS, April 2- French Foreign Minister Laurent Fabius, who has stood out in an otherwise unpopular government for his firm handling of international crises, is to take on responsibility for improving the country's weak trade performance, diplomatic sources said.

  • France's Royal offers Hollande her "green" credentials Wednesday, 2 Apr 2014 | 10:57 AM ET

    *Green Party keeps distance under new premier Valls. The naming in Wednesday's government reshuffle of Royal, an ex-partner of President Francois Hollande, is seen partly as an attempt to maintain Green Party support for an unpopular Socialist government with a thin parliamentary majority.

  • BUSINESS-NEWS-SCHEDULE AT 1230 GMT / 8.30 AM ET Wednesday, 2 Apr 2014 | 8:55 AM ET

    PARIS- Arnaud Montebourg, a fierce critic of budget austerity, is named French economy minister in a reshuffled government that President Francois Hollande has charged with halting France's economic decline. EU regulators fine Goldman Sachs, Prysmian for cable cartel.

  • PARIS, April 2- A fierce critic of budget austerity was named French economy minister on Wednesday in a reshuffled government packed with strident personalities, including President Francois Hollande's former live-in partner Segolene Royal.

  • *He stopped Yahoo buying French online video-sharing firm. PARIS, April 2- Leftist Arnaud Montebourg, known for attacking big business and the European Commission, reaped a political harvest on Wednesday when he was put in charge of an enlarged economy and industry ministry in a choice that may unnerve Brussels and Berlin.

  • *French malaise overshadows Europe's recovery from crisis. PARIS, April 1- As President Francois Hollande goes through the French mid-term ritual of sacking his government and appointing a new one, promising a dynamic "fresh start" after a local election drubbing, Europe is left as usual waiting for France.

  • *New PM Valls is on right-wing of Socialist Party. PARIS, March 31- President Francois Hollande named centrist Interior Minister Manuel Valls as his new prime minister on Monday, replacing Jean-Marc Ayrault who quit after ruling Socialists were trounced in local French elections.