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.
Friday’s papers are dominated by good economic news for the United States and Europe after the Dow Jones set an all time record.
The war in Mali continues to dominate the French front pages, though the tone of the coverage does seem to be changing.
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.
The European Commission has approved a 90-billion euro plan to wind down the ailing bank Dexia and restructure its remaining assets.
The Swiss bank UBS has been fined 1.5 billion euros by regulators for manipulating key global interest rates.
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).
Greece's Finance Minister says international creditors have given his goverment two more years to complete a massive reduction of its public debt.