A French court is likely to charge IMF boss Christine Lagarde with complicity in fraud and embezzlement of public funds, according to Le Monde newspaper.
The former French budget minister, who was made to step down over a tax fraud scandal, will not seek to be re-elected to his former parliamentary seat, according to a French newspaper.
France entered into recession in the first quarter of 2013 according to official statistics, with weakened production output, consumption and investment to blame.
Eleven European Union nations won a go-ahead from their partners yesterday to launch a controversial financial transactions tax, or FTT, initially proposed by France.
Ten men, most of them Turkish, went on trial in Paris on Monday, accused of raising funds for the Al Qaida-linked group, the Islamic Movement of Uzbekistan (IMU).
