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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ROME, May 1- Italy's new prime minister Enrico Letta won French backing on Wednesday for calls to spur economic growth alongside budget rigour, but problems lay closer to home with coalition partners demanding tax cuts that would blow a hole in the budget.
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ROME, May 1- Italy's new prime minister, Enrico Letta, is preaching an end to austerity while pledging to meet European Union debt targets and his fledgling coalition is already at odds over how to pay for cuts to an unpopular housing tax.
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ROME, May 1- Italy's new prime minister, Enrico Letta, is preaching an end to austerity while pledging to meet European Union debt targets and his fledgling coalition is already at odds over how to pay for cuts to an unpopular housing tax.
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Economic austerity has finally knocked on the door of the Élysée Palace, which announced that it would auction off 1,200 bottles of its finest wines and return the surplus to the state, the NYT reports.
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*Thousands march in Madrid; trains, ferries halted in Greece. MADRID, May 1- Workers hit by lower living standards and record high unemployment staged May Day protests across Europe on Wednesday, hoping to persuade their governments of the case for easing austerity measures and boosting growth.
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*UK PM welcomes deal as UAE leader arrives in London. DUBAI, April 30- Royal Dutch Shell has beaten France's Total to a multi-billion-dollar project to develop a tricky gas field with Abu Dhabi National Oil Co..
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*UK PM welcomes deal as UAE leader arrives in London. DUBAI, April 30- Royal Dutch Shell has beaten France's Total to a multi-billion-dollar project to develop a tricky gas field with Abu Dhabi National Oil Co..
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Italian bond yields broke below the 4 percent level on Monday and remain at record lows, but analysts warn the country's borrowing rate is poised on a fragile tipping point, after Prime Minister Enrico Letta’s maiden speech divided market opinion.
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DUBAI, April 30- Royal Dutch Shell will partner Abu Dhabi National Oil Co. in a multi-billion-dollar project to develop the Bab sour gas field, the partners said on Tuesday.
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PARIS, April 30- Companies that shut down viable industrial sites in France rather than selling them could be fined if draft legislation by lawmakers from the ruling Socialist party becomes law.
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PARIS, April 30- It's the most refined and thirst-quenching of diplomatic devices that has helped cement ties between France and its international allies. Many of the bottles to be offered at the prestigious Drouot auction house in Paris on May 30 and 31 are at the pinnacle of their shelf life and ready to be drunk immediately.
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*Hollande says White Paper ensures France's independence. PARIS, April 29- France will keep its defence budget at the same level for the next six years after the government decided proposed cuts would hamper its ability to mount military operations such as its intervention in Mali.
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PARIS, April 29- President Francois Hollande unveiled new reductions on capital gains taxes from the sale of small companies on Monday, a measure aimed at appeasing entrepreneurs who say high taxes are a disincentive to starting businesses in France.
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*Hollande says White Paper ensures France's independence. PARIS, April 29- France will keep its defence budget at the same level for the next six years after the government decided that proposed cuts would hamper its ability to mount military operations such as its intervention in Mali.
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*France drops to 9th in European deal rankings from 2nd. By Christian Plumb and Anjuli Davies. PARIS/ LONDON, April 29- A collapse of private equity investment this year seems increasingly emblematic of France's deep-seated economic problems and how hard it may prove to change a vicious cycle of poor growth and weakened companies.
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*France drops to 9th in European deal rankings from 2nd. PARIS/ LONDON, April 29- A collapse of private equity investment this year seems increasingly emblematic of France's deep-seated economic problems and how hard it may prove to change a vicious cycle of poor growth and weakened companies. "One country where there seems to be consensus is France.
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PARIS, April 29- France will keep its defence budget stable over the next six years, after the army and lawmakers expressed concern at proposed cuts, and cut 34,000 defence ministry jobs, a strategic review showed on Monday. The review comes at a sensitive time for France, a permanent U.N. Security Council member and nuclear power.
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* "No more Mali" if France's military budget cut, army says. CANJUERS ARMY BASE, DRAGUIGNAN, France, April 28- E xplosions echo through a valley in southern France, sending up plumes of smoke as four Caesar self-propelled guns fire at distant targets in drills that mirror operations in Mali.
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*Hollande approaches first anniversary as president* Says will weather popularity "squalls", economic slowdown By Elizabeth Pineau. PARIS, April 28- France's Francois Hollande said he was undeterred by a first year in power marked by economic slowdown and a record slump in his personal popularity, arguing his 5- year presidency would achieve results over time.
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JPMorgan Chase& Co Chief Executive Jamie Dimon promoted Matt Zames to chief operating officer, replacing Frank Bisignano in the investment bank's latest executive reshuffle. Intermediate Capital Group is in talks with Lloyds Banking Group over a 400- million-euro collateralised loan obligation, a deal which is expected to close over the summer.