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Francois Hollande

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  • *Civil service benefits straining public finances. PARIS, Oct 9- Savouring a long lunch after a morning tending to baby quince and pear trees, the French Senate's 78 gardeners are blissfully untouched by the economic crisis gnawing at Europe's core.

  • PARIS, Oct 9- French riot police fired teargas to disperse protesters outside the Paris auto show on Tuesday as people marched nationwide to denounce hardship and job losses in a country where unemployment is at its highest since 1999 and economic growth has stopped.

  • PARIS, Oct 9- France's lower house of parliament voted to ratify a European budget discipline treaty on Tuesday as most left-wing lawmakers got behind Socialist President Francois Hollande on a law seen as key to restoring euro zone stability.

  • French lawmakers approve European fiscal treaty Tuesday, 9 Oct 2012 | 12:54 AM ET

    PARIS-- President Francois Hollande said that France can better contribute to reversing Europe's embattled fortunes after the National Assembly voted overwhelmingly Tuesday to ratify a European fiscal treaty that would impose harsher penalties for countries that overspend. "This ample majority will give France an ability to have its extra voice heard.

  • PARIS, Oct 8- France's CGT trade union has called for a 24- hour strike in the energy sector to protest against site closures, an action that could hit power production at the country's thermal and nuclear plants. The action is part of Tuesday's national day of protest against job cuts and plant closures called by CGT, France's biggest trade union.

  • Peugeot CEO says jobs cuts an "internal matter" Monday, 8 Oct 2012 | 12:51 AM ET

    Philippe Varin's comment on Monday was a rebuff for Montebourg who had said he would wring concessions from the carmaker in talks on its restructuring- Peugeot plans to cut 8,000 jobs and close an assembly plant.

  • LVMH head Arnault to be knighted in London Sunday, 7 Oct 2012 | 2:05 PM ET

    PARIS, Oct 7- The chief executive of French luxury group LVMH, Bernard Arnault, is set to be knighted in London for his contributions to the British luxury industry, an LVMH spokesman said on Sunday. With the knighthood, Arnault will join such personalities as Bill Gates, Stephen Spielberg and Placido Domingo, all of whom have been similarly honored.

  • VALLETTA, Malta, Oct 5- France and Italy led a call by five euro zone member states for the European Union to press ahead toward setting up a single banking regulator by the end of the year to be running in 2013..

  • PARIS, Oct 5- France will not rule out buying shares from Lagardere that would raise its stake in a merger of EADS and BAE, a French government source said on Friday, raising the prospect of a deal-breaking clash with Britain.

  • VALLETTA, Oct 5- French President Francois Hollande said on Friday the companies involved in a proposed deal to merge EADS with British defence group BAE. "We have said what we consider as the conditions," Hollande told reporters at a summit of North African and European countries in Malta. "

  • PARIS/ FRANKFURT, Oct 5- Talks over a European supermerger between EADS and BAE Systems reached a political crunch point on Friday as Britain, France and Germany attempted to narrow differences on a $45 billion proposal to create the world's largest aerospace and arms group. Time is running out before a UK deadline of Oct. 10 for a deal.

  • France looks to upend school year traditions Friday, 5 Oct 2012 | 10:55 AM ET

    PARIS-- French children go to school four days a week. They have about two hours each day for lunch. For France, it's something of a revolutionary idea that would overturn more than a century of school tradition.

  • *France, Britain said to support deal, Germany seeks stake. BERLIN/ PARIS, Oct 5- EADS and BAE Systems have edged closer towards winning political backing for a $45 billion merger to create the world's biggest arms group amid positive signals from Britain and France, but German misgivings over control is a big obstacle, sources close to the talks said.

  • *France, Britain said to support deal, Germany seeks stake. BERLIN/ PARIS, Oct 5- EADS and BAE Systems have edged closer towards winning political backing for a $45 billion merger to create the world's biggest arms group amid positive signals from Britain and France, but German misgivings over control is a big obstacle, sources close to the talks said.

  • Malta hosts first Europe-Arab summit in a decade Friday, 5 Oct 2012 | 1:02 AM ET

    On the sideline of the summit, French President Francois Hollande said it was up to Spain, not the European Union, to determine whether Spain requires financial assistance from Europe to solve its serious financial difficulties.

  • By Tom Bill and Chris Vellacott. LONDON, Oct 5- The love affair between the global super-rich and London property is souring as UK politicians tap into a mood of public resentment of the wealthy, with tax increases and rhetoric playing up their own humble origins.

  • *Bank of France lent more than 2 bln eur- source. *Bank of France says doesn't comment on liquidity assistance. PARIS, Oct 4- French mortgage bank Credit Immobilier de France was benefiting from emergency Bank of France funding to keep it afloat months before a high-profile government rescue, banking sources told Reuters.

  • CIF received emergency funds before rescue-sources Thursday, 4 Oct 2012 | 9:39 AM ET

    PARIS, Oct 4- French mortgage bank Credit Immobilier de France was benefiting from emergency Bank of France funding to keep it afloat months before a high-profile government rescue, banking sources told Reuters. "The exact number is unclear but it was more than 2 billion euros." The Bank of France said it never comments on details of liquidity assistance.

  • World Food Prices Rise, Stay Close to Crisis Levels Thursday, 4 Oct 2012 | 8:18 AM ET
    TIANLIN, CHINA - MAY 12: A villager looks at the parched paddy on May 12, 2012 in Tianlin county, Guangxi Zhuang autonomous region of China. A lingering drought has dried up most of rivers as high temperature and little rainfall over the past three months this year. Tianlin county had suffered from severe drought over the past three years.

    World food prices rose in September and are seen remaining close to levels reached during the 2008 food crisis, the United Nations' food agency said on Thursday, while cutting its forecast for global cereal output.

  • Interest rates down in Spanish debt sale Thursday, 4 Oct 2012 | 5:42 AM ET

    MADRID-- Spain's Treasury has sold 3.99 billion in medium term debt at mostly lower interest rates as investors wait for the government to decide whether it will seek a financial bailout. The Treasury auctioned off 710 million in five-year bonds Thursday on an average interest rate of 4.76 percent, down from 6.45 percent in the last such auction July 19.