Patrick de Maeseneire, CEO of Adecco Group, says the French economy is in a "difficult" place.» Read More
*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.
*New PM Valls is on right-wing of Socialist Party. PARIS, March 31- French President Francois Hollande chose centrist Interior Minister Manuel Valls as his new prime minister on Monday, a coalition source said, replacing Jean-Marc Ayrault who quit after the ruling Socialists were trounced in local elections.
*National Front wins 11 town halls. *FN leader Le Pen: party can take lead in EU elections. PARIS, March 31- President Francois Hollande will make a televised statement on his government as early as Monday, a close ally said, after a local poll drubbing for his party handed the far-right victory in a record number of French towns.
PARIS, March 31- France cut its public sector deficit less quickly than planned last year, missing the government's target and presenting a new setback for President Francois Hollande. Voters frustrated with a rising tax burden and Hollande's broken promises to turn around the economy punished his Socialist Party in a local election at the weekend.
Howard Davies, professor at Sciences Po, says issues in France such as high unemployment will force president Francois Hollande into a policy change.
*National Front wins 11 town halls. *FN leader Le Pen: party can take lead in EU elections. PARIS, March 31- President Francois Hollande was due to take soundings on a possible cabinet reshuffle on Monday after a drubbing for his Socialists in local elections handed the far-right National Front victory in a record number of towns.
PARIS, March 31- France cut its public sector deficit less quickly than planned last year, missing the government's target, official figures showed on Monday in a new setback for President Francois Hollande.
Bruno Jeanbart, director of political studies and opinion polls at Opinionway, discusses whether any big wins the National Front may gain in this weekend¿s French local elections will be repeated on a national scale.
PARIS, March 26- PSA Peugeot Citroen's tie-up with China's Dongfeng was signed on Wednesday, bringing the French carmaker much-needed cash and greater access to Asia but leaving major challenges ahead.
PARIS, March 26- China signed a new 10- year accord on Wednesday allowing Airbus to assemble A320 planes on its soil until 2025 and unblocked orders for larger jets worth more than $6 billion, restoring ties after a row with Europe over aircraft emissions.
PARIS, March 26- China's President Xi Jinping and French counterpart Francois Hollande oversaw the signing of a series of industrial co-operation deals and multi-billion dollar aircraft sales in Paris on Wednesday, the business highlights of a Chinese state visit.
At the same ceremony Airbus is set to agree the sale to China of at least 150 aircraft worth $20 billion, and possibly as many as 200, in a deal that could include both planes and helicopters.
PARIS, March 25- France will use a visit from China's President this week to seek tighter business links to the world's number-two economy in a bid to boost its own anaemic one, signing big-ticket industry deals and working to cut its trade and investment deficits.
*Russia says wants to engage with West. THE HAGUE/ MOSCOW, March 25- Russia and the West sought to draw a provisional line under the Ukraine crisis on Tuesday after major industrialised nations warned Moscow of tougher economic sanctions if it goes beyond the seizure of Crimea.
Douglas Yates, assistant professor of political sciences at the American University of Paris, comments on the outcome of the first round of the French local elections and what it means for the national agenda.
Douglas Webber, professor of political science at INSEAD, says the European elections in May could be a "major earthquake" for the French socialist party as they could lose out to far-right candidates.
Jonathan Fenby, director of China research at Trusted Sources, says France's National Front is winning working class voters who would have traditionally voted for left-wing parties.
Antonio Barroso, senior vice president at Teneo Intelligence, says the while the opposition is likely to win more votes during France's local elections, the ruling Socialist party will be able to limit the damage.
Edmund Shing, global equity portfolio manager at BCS Financial Group, says the French public is "disillusioned" with President Francois Hollande's left, and the political right wing in the country.
Crimea's parliament voted to join Russia on Thursday and its Moscow-backed government set a referendum within 10 days in an escalation of the crisis over Crimea.