Francois Hollande
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French President Francois Hollande called on Thursday afternoon for a euro zone government with its own budgetary capacity, a harmonized tax system and a president.
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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.
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SINGAPORE, Dec 3- London copper was steady on Monday, sitting near its highest level in more than five weeks hit in the previous session, after promising manufacturing data from top consumer China, but worries over U.S. fiscal woes kept a lid on prices.
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PARIS, Dec 2- Francois Hollande's bid to rescue steel furnaces in France's historic industrial heartland was to be the mark of a president on the side of the workers and a state with the courage to bring a multinational to heel.
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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..
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*Govt says lobbyist overlooking ArcelorMittal's business practices. PARIS, Nov 29- The head of France's employers' union branded government plans to take over ArcelorMittal's Florange steelworks as "scandalous" on Thursday, leading the government to accuse her of overlooking the company's practices.
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*National Front could benefit more than Socialists. PARIS, Nov 29- France's far-right National Front party celebrated a fourfold increase in requests for membership on Thursday as a feud convulsed its main right-wing rival the UMP.
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*Govt says lobbyist overlooking ArcelorMittal's business practices. PARIS, Nov 29- A top French business lobbyist branded government plans to take over ArcelorMittal's Florange steelworks as "scandalous" on Thursday, leading the government to accuse her of overlooking the company's practices.
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*Corps des Mines school trains France's top state engineers. *France's ASN used Fukushima to "purge" Chernobyl lie. The Corps des Mines was founded in 1794 to turn France's now-exhausted coal mines to the advantage of Europe's industrial revolution.
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*Corps des Mines school trains France's top state engineers. *France's ASN used Fukushima to "purge" Chernobyl lie. The Corps des Mines was founded in 1794 to turn France's now-exhausted coal mines to the advantage of Europe's industrial revolution.
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*Govt says lobbyist overlooking ArcelorMittal's business practices. PARIS, Nov 29- The head of France's employers union branded government plans to take over ArcelorMittal's Florange steelworks as "scandalous" on Thursday, leading the government to accuse her of overlooking the company's practices.
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*Google launched high profile campaign against bill. BERLIN, Nov 28- Senior German politicians have denounced as propaganda a campaign by Google to mobilise public opinion against proposed legislation to let publishers charge search engines for displaying newspaper articles.
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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.
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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.
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*Yet Montebourg's tirades portray poor image of France. PARIS, Nov 28- Snarling at bosses who shut down factories, bashing low-price Asian exporters and telling an Indian steel baron he can get out of France, the industry minister in Paris is a loose cannon in a government striving to attract investment.
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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.
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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.
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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.
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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.
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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.
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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.''.
