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Francois Hollande

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  • Maria's Observation: Invest in France?     Wednesday, 17 Oct 2012 | 4:57 PM ET

    France has an economy that has not grown in 3 quarters, with a record trade deficit. CNBC's Maria Bartiromo shares her observation on investing in the country.

  • France's 'Rich' Tax = Deals on Paris Mansions Wednesday, 17 Oct 2012 | 2:32 PM ET
    This townhouse in Villa Montmorency, one of Paris's best neighborhoods, is on the market for about $18 million.

    The 75 percent tax on millionaires in France has caused more of the rich to put their homes up for sale. But don't expect bargains in Paris, where prices remains high.

  • France to set up state-backed investment bank Wednesday, 17 Oct 2012 | 7:58 AM ET

    PARIS-- France is creating a new government-backed investment bank that will aim to spur economic growth by lending to small and medium-sized enterprises. Jean-Pierre Jouyet, the head of French state-owned financial institution CDC, has been named chairman of the new investment bank, known by its French intials BPI.

  • Germany: No decision on banking union at EU summit Wednesday, 17 Oct 2012 | 5:45 AM ET

    BERLIN-- A top German government official on Wednesday dashed hopes of swift progress on strengthening Europe's financial sector, saying this week's summit of the bloc's 27 leaders won't make any final decisions on setting up a single banking supervisor.

  • France backs IMF's anti-austerity call -finmin Friday, 12 Oct 2012 | 11:57 AM ET

    PARIS, Oct 12- France supports the IMF's call to give indebted southern European countries more time to improve their finances, Finance Minister Pierre Moscovici told a newspaper on Friday, putting Paris at loggerheads with Berlin.

  • *Rescued bank Dexia declines to comment, state keeps distance. PARIS, France, Oct 12- French towns that say they were tricked into taking out risky loans from rescued lender Dexia are refusing to repay them in full and are asking President Francois Hollande for a bailout.

  • Hollande Pushes to Exempt Art from Wealth Tax Thursday, 11 Oct 2012 | 4:59 PM ET
    French President Francois Hollande.

    Seeking to avoid more division over his wealth tax hike, the French president moved to squelch a legislative amendment that would extend the tax to art assets.

  • Hollande eyes new chapter in Franco-African relations Thursday, 11 Oct 2012 | 1:48 PM ET

    *Aims to promote democcracy in Africa. Hollande, who heads to the Democratic Republic of Congo on Saturday for a gathering of French-speaking nations, has promised to promote democracy in Africa and break with an era of collusion between French and autocratic African leaders.

  • REFILE-Spain comfortable with waiting game on aid Thursday, 11 Oct 2012 | 11:59 AM ET

    MADRID, Oct 11- Spain is comfortable putting off an international aid request for weeks or even months as it waits out German political obstacles and seeks greater definition on the European Central Bank's bond-buying programme, analysts and sources say. Spain must first sign up for a European rescue plan to trigger the bond buying.

  • Spain comfortable with waiting game on aid Thursday, 11 Oct 2012 | 11:03 AM ET

    MADRID, Oct 11- Spain is comfortable putting off an international aid request for weeks or even months as it waits out German political obstacles and seeks greater definition on the European Central Bank's bond-buying programme, analysts and sources say. Spain must first sign up for a European rescue plan to trigger the bond buying.

  • Spanish bailout dilemma gets more acute Thursday, 11 Oct 2012 | 3:17 AM ET

    As well as citing the deepening economic recession in Spain and rising levels of social discontent, the agency said the government's hesitation in requesting help was "potentially raising the risks to Spain's rating."

  • News Summary: Europe pressed to deliver growth Wednesday, 10 Oct 2012 | 4:12 PM ET

    THE CHALLENGE: The leaders of France and Spain said Wednesday that the 17 countries that use the euro already have all the tools they need to solve their debt crisis and now must put their promises into action.

  • UPDATE 8-EADS, BAE call off world's biggest arms merger Wednesday, 10 Oct 2012 | 3:50 PM ET

    *Sources said Germany opposed the $45 billion aerospace merger. PARIS/ BERLIN/ LONDON, Oct 10- EADS and BAE Systems called off the world's largest defence and aviation merger on Wednesday, and pinned the blame on Germany for wrecking the $45 billion deal.

  • UPDATE 7-EADS, BAE call off world's biggest arms merger Wednesday, 10 Oct 2012 | 2:28 PM ET

    *Sources said Germany opposed the $45 billion aerospace merger. PARIS/ BERLIN/ LONDON, Oct 10- EADS and BAE Systems called off the world's largest defence and aviation merger on Wednesday, and pinned the blame on Germany for wrecking the $45 billion deal.

  • Rio Tinto seeks bids for French aluminium plant Wednesday, 10 Oct 2012 | 1:03 PM ET

    *Rio Tinto unit selling one of two French plants. *Says sale triggered by expiry of power supply deal. PARIS, Oct 10- Rio Tinto is pushing ahead with plans to sell a century-old aluminium plant in the Alps of southeast France as the global mining group continues its retreat from a struggling aluminium sector.

  • UPDATE 6-EADS, BAE call off world's biggest arms merger Wednesday, 10 Oct 2012 | 11:30 AM ET

    *Sources said Germany opposed the $45 billion aerospace merger. *BAE shares down 1.14 per cent, EADS up 4.44 per cent By Sophie Sassard, Jason Neely and Kate Holton. LONDON, Oct 10- EADS and BAE Systems called off the world's largest defence and aviation merger on Wednesday, and pinned the blame on Germany for wrecking the $45 billion deal.

  • France, Spain: Europe must keep promises in crisis Wednesday, 10 Oct 2012 | 11:26 AM ET

    PARIS-- The leaders of France and Spain said Wednesday that the 17 countries that use the euro already have all the tools they need to solve their debt crisis and now must put their promises into action.

  • MADRID/ PARIS, Oct 10- The leaders of France and Spain called for rapid progress towards a pan-European banking union, saying they hoped an EU summit on Oct. 18 would help promote that goal.

  • UPDATE 5-EADS, BAE call off world's biggest arms merger Wednesday, 10 Oct 2012 | 10:09 AM ET

    *Sources said Germany opposed the $45 billion aerospace merger. LONDON, Oct 10- EADS and BAE Systems called off the world's largest defence and aviation merger on Wednesday, and pinned the blame on Germany for wrecking the $45 billion deal.

  • France, Spain: Europe must meet promises in crisis Wednesday, 10 Oct 2012 | 10:07 AM ET

    PARIS-- French and Spanish leaders say that the 17- country eurozone has all the tools it needs to solve its debt crisis and just needs to put its promises into action.