Economy

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The Asian Infrastructure Investment Bank will be headquartered in Beijing.
18/03/2015 - France/China

France to join Beijing-backed infrastructure bank

Germany and Italy too keen on becoming the founding members of the Asian Infrastructure Investment Bank.

Euro coins - not commemorating the Battle of Waterloo
13/03/2015 - France

France blocks Belgian euro coin marking Battle of Waterloo

France has won the Battle of Waterloo … or more precisely the battle over whether Belgium can issue a two-euro coin celebrating the defeat of Napoleon Bonaparte at the Battle of Waterloo.

12/03/2015 - France

French yoghurt cartel companies fined for fixing prices

Eleven French dairy product companies have been fined 192.7 million euros for running a "yoghurt cartel" that fixed prices for sales to supermarkets.
Areva boss Philippe Knoche announces the company's losses on 4 March
11/03/2015 - France - Germany

French nuclear giant Areva to slash 1,500 jobs in Germany

French nuclear group Areva is planing to cut about 1,500 jobs in Germany by the end of 2017, company officials said on Wednesday.
Marseille railway station
10/03/2015 - France

Most trains running despite French rail strike

Most trains were running on France's rail network on Tuesday despite a strike call against the government's plan to reform the state-owned rail network.
French Finance Minister Michel Sapin (L)  with Greek Finance Minister Yanis Varoufakis during the 10 March European Union finance ministers meeting in Brussels
10/03/2015 - France - European Union

EU grants France two-year extension on budget deficit

European finance ministers on Tuesday gave France an extra two years to reach budget deficit targets, endorsing a proposal by European Commission last month.
Bichat hospital in Paris.
09/03/2015 - France

Confidential document shows plans for 3-billion-euro cut in French hospital budget

According to Monday's edition of Libération newspaper, a confidential document reveals plans to shave 3 billion euros from France's public hospital budget by 2017.

Paris's Gare de l'Est station during last year's rail strike, 16 June 2014
08/03/2015 - France

French railworkers to strike Tuesday

French railworkers are to stage a one-day strike on Tuesday against the government’s plans to reform the state-owned rail network.

French President François Hollande (R) with Luxembourg's Prime Minister Xavier Bettel on Friday
07/03/2015 - France - Luxembourg - European Union

France to contribute 8.0 billion euros to Juncker European growth plan

France will contribute 8.0 billion euros to European Commission president Jean-Claude Juncker’s plan to boost growth, President François Hollande announced on a visit to Luxembourg on ...
The Origin of the World, 1866, by Gustave Courbet
05/03/2015 - France - United States

Court to rule that Facebook can be judged in France in vagina painting case

A Paris court was to rule on Thursday on whether US-based social-media site Facebook is answerable to French law.
Areva's headquarters in Paris's La Défense business district
04/03/2015 - France

Job cuts in pipeline as French nuclear giant Areva posts record losses

French nuclear giant Areva suffered record losses of 4.8 billion euros in 2014, it confirmed on Wednesday.
Frequent power cuts in Douala, Cameroon.
02/03/2015 - France - Africa

French group Schneider sets up 54 million euro fund to boost energy access in Africa

The French electrical firm Schneider announced on Monday a 54.5 million euro fund to finance access to energy in sub-Saharan Africa.

An employment exchange in Paris - unemployment among under-25s of African origin is over 40 per cent
01/03/2015 - France

Racism boosts second-generation African immigrant unemployment in France, report

Discrimination is keeping the children of immigrants at the bottom of France’s economic pile, a report advised Prime Minister Manuel Valls this weekend.
Bouygues CEO Martin Bouygues, who is still alive
01/03/2015 - France

Rumours of French industrialist’s death greatly exaggerated

France’s AFP news agency was forced to apologise on Saturday to billionaire industrialist Martin Bouygues after wrongly announcing that he was dead.
French Finance Minister  Michel Sapin with his Greek counterpart Yanis Varoufakis in Paris at the beginning of the month
27/02/2015 - France - Eurozone

EU sets France tough new deficit targets, Sapin says can be reached

The European Union has tightened targets for the reduction of France’s budget deficit two days after extending the deadline to reduce it to below three per cent for another two years.
An HSBC branch in Geneva
27/02/2015 - France - Eurozone - Switzerland

France has given Swissleaks information to ‘large number’ of eurozone countries

France has supplied the names of foreign nationals with secret bank accounts in HSBC’s Swiss branch to most countries in the eurozone, Finance Minister Michel Sapin indicated on Thursday.

Rafales at Dassault's factory in Merignac, south-east France
25/02/2015 - France - India

Le Drian in Delhi again as India dithers over Rafale deal

France’s Defence Minister Jean-Yves Le Drian met his Indian counterpart Manohar Parrikar in Delhi on Tuesday in a fresh attempt to seal a troubled deal to sell India’s air force 126 ...
German Chancellor Angela Merkel meets President François Hollande on Friday
20/02/2015 - France - Germany - Greece - European Union

Greece must stay in eurozone, Hollande

Greece “is in the eurozone” and “must stay in the eurozone, French President François Hollande said on Friday at a joint press conference with Angela Merkel.
Le PDG d'Air France-KLM Alexandre de Juniac, lors d e la présentation des résultats du premier semestre du groupe, à Paris, le 26 juillet 2013.
19/02/2015 - France

Air France-KLM reduces losses in 2014

Air France-KLM drastically reduced its losses in 2014 but remained in the red, largely due to a 14-day French pilots’ strike in September.
French President François Hollande, Prime Minister Manuel Valls and Emmanuel Macron at the Elysée presidential palace on Wednesday
19/02/2015 - France

French government faces confidence vote after forcing through economic package

The French government faced a confidence vote on Thursday after using enabling legislation to force through an economic package that caused a split in the ruling Socialist Party.

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