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Economic crisis

French press review 16 May 2014

French protectionist laws,a  Europhobic wave sweeping through the EU and the cold bath of France’s zero growth dominate comments in French press today.

15/05/2014 - France

France's economy fails to grow in first quarter 2014

France's economy experienced no growth at all in the first quarter of 2014, disappointing hopes of a 0.2 per cent rise in production, as the eurozone's hoped-for recovery failed to materialise.

French Prime Minister Manuel Valls on TV on Sunday
13/05/2014 - France

Valls orders 18 billion euros cuts in 2015-2017

French Prime Minister Manuel Valls has told ministries to make 18 billion euros of cuts in spending over three years in a letter outlining their budgets for 2015.

Prestigious Institut de France is on the Quai de Conti in Paris.
12/05/2014 - France

Owner, estate agent fall out over sale of Paris's most expensive apartment

Paris's most expensive apartment has just fetched eight million euros, 46,200 euros per square metre. But estate agents who were charged with selling it aren't happy.

Omnicom chief executive John Wren (L) and Publicis Group Chairman Maurice Levy, 29 July 2013.
09/05/2014 - France - United States

Publicis-Omnicom merger collapses

US company Omnicom and French group Publicis called off merger talks to form the world's largest advertising company on Thursday.



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.