Syndicate content
Economic crisis

French press review 2 May 2014

The French press found Thursday's lacklustre and rain-drenched May Day parades against the Socialist government’s budget cuts uninspiring.

PSA Peugeot Citroën's new boss Carlos Tavares
30/04/2014 - France

PSA Peugeot Citroën workers give 'pathetic' bonuses to charity as boss's salary announced

Angry employees of French carmaker PSA Peugeot Citroën have donated their “pathetic” bonuses to charity.
French Prime Minister Manuel Valls addresses the National Assembly on Tuesday
30/04/2014 - France

Valls defends 'modern' economic policy after Socialist revolt

French Prime Minister Manuel Valls defended his “deeply modern” economic policy on Wednesday, the day after 41 MPs from his Socialist Party refused to back a cuts package that finances ...
Arnaud Montebourg, le ministre du Redressement productif, le 29 août dernier.
27/04/2014 - France - United States

French minister puts off GE boss meet as Siemens hints at Alstom role

French Economy Minister Arnaud Montebourg has put off a meeting with General Electric (GE) boss Jeffrey Ilmert as he looks into a possible offer by Siemens to buy into French engineering giant ...
French Labour Minister François Rebsamen
26/04/2014 - France

French unemployment levels off, opposition still critical

France's Socialist government claimed that unemployment is levelling out as monthly figures showed a rise of 1,600 in March, after a sharp rise in February.
Prime Minister Manuel Valls (L) and Finance Minister MIchel Sapin announce their plans to tackle France's economic problems
25/04/2014 - France

Ratings agency judges French government optimistic on jobs, budget deficit

Standard and Poor’s (S&P) on Friday maintained its AA rating for France and judged the Socialist government too optimistic over prospects for the budget deficit and employment.
French Finance Minister Michel Sapin
23/04/2014 - France - European Union

France sticks by deficit target, forecasts 200,000 jobs to be created

The French government insists it will reach the European Union target of reducing the public deficit to three per cent of GDP and believes its Responsibility Pact will boost production and create ...
Secretary General Abdou Diouf of the OIF
29/03/2014 - France - Madagascar

Madagascar on long path to economic recovery

After a five year suspension Madagascar will be reintegrated into the International Organisation of La Francophonie (OIF), according to its Secretary General Abdou Diouf speaking Friday in Paris.

African press review 17 March 2014

Egyptian left-wingers call on the army to stay out of politics, foreign donors are set to halt aid to Kenya to protest at money-laundering and labour disputes continue in South Africa.

European commissioner Olli Rehn has repeatedly criticised France for everything from taxation to public debt
05/03/2014 - France - European Union

European Commission puts France on watch list over trade deficit

The European Commission on Wednesday placed France under "reinforced surveillance", criticising its "lack of competitiveness" and high public debt.