France and the EU

Latest business news about France and the European Union.

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Euro crisis 'behind us': France's Hollande — 10 December 2012, 22:01 CET

French President Francois Hollande said Monday in Oslo that the eurozone crisis was "behind us," as he lauded work the European Union has done to "resolve the problems."

South Stream says undersea construction to begin in 2014 — 10 December 2012, 15:59 CET

Construction of the undersea section of the South Stream gas pipeline linking Russia to European consumers will only begin in 2014, the consortium said Monday after a major ceremony led by President Vladimir Putin launched the project.

International passivity boosts Syria jihadists: rebel envoy — 09 December 2012, 23:19 CET

Syria's rebel ambassador to France warned Sunday that the "passivity" of the international community was boosting the rise of Islamist extremists in his war-torn country.

A trio of gas pipelines fight for southern Europe — 07 December 2012, 17:05 CET

Three competing pipelines, South Stream, Nabucco and TAP, have launched projects in the past few years to supply southern Europe with gas from Russia, the Caspian Sea and beyond as Europe seeks to diversify its gas sources:

Putin launches construction of South Stream pipeline — 07 December 2012, 17:03 CET

President Vladimir Putin on Friday launched construction of the long-awaited South Stream pipeline that the Kremlin hopes will pump Russia's gas to Europe while avoiding its unpredictable neighbour Ukraine.

Iranian opposition seeks Syria-style recognition — 05 December 2012, 21:30 CET

Iran's exiled opposition on Wednesday launched a campaign to have France and the European Union grant it the same recognition they have accorded to the Syrian coalition battling to overthrow Bashar al-Assad.

Prototype of European combat drone makes maiden flight — 01 December 2012, 13:11 CET

A prototype of a European combat drone, the Neuron, made its maiden flight Saturday from a base in the south of France, project leader Dassault Aviation announced.

EU rejects French report linking GM corn to cancer — 28 November 2012, 17:26 CET

The EU's food safety agency definitively rejected Wednesday a bombshell French report linking genetically modified corn to cancer, saying it failed to meet "acceptable scientific standards."

Russia has no intention to reduce euro reserves: PM — 27 November 2012, 17:12 CET

Russian Prime Minister Dmitry Medvedev said Tuesday that Moscow has no plans to reduce the amount of euros in its cash reserves, as the world benefits from having a second strong global currency.

Russia PM says EU economic crisis 'very serious threat' — 26 November 2012, 10:47 CET

Prime Minister Dmitry Medvedev said that Moscow was nervously watching the economic crisis in the European Union, which he said represented a serious threat to Russia's own economic performance.

Germany feared British isolation in EU talks: France — 23 November 2012, 20:20 CET

French President Francois Hollande said Friday that Germany "did not want to isolate Britain" during tough summit talks that failed to agree a seven-year budget for the European Union.

France's Hollande, Britain's Cameron hold budget talks — 23 November 2012, 13:59 CET

French President Francois Hollande and British Prime Minister David Cameron met Friday for face-to-face talks on the European Union budget, a French source told AFP.

France's Hollande seeks EU summit 'compromise' not ultimatum — 22 November 2012, 18:10 CET

French President Francois Hollande arrived Thursday in Brussels for tough talks on the European Union's next budget saying he sought compromise, not an ultimatum.

Hollande hopes for 'compromise' on contested EU budget — 21 November 2012, 12:43 CET

French President Francois Hollande Wednesday told his cabinet he hoped the European Union would come to a "compromise" on the bloc's contested trillion-euro budget being discussed at a summit this week.

European police roll up sham marriage gang — 20 November 2012, 22:35 CET

Police have busted a gang exchanging fake marriages for large sums of money to give illegal immigrants European Union citizenship, European law enforcement agencies said Tuesday.

Hollande slams countries seeking rebates in EU budget — 19 November 2012, 18:52 CET

French President Francois Hollande on Monday slammed countries seeking rebates and discounts in the European Union's next budget, ahead of a key summit this week in Brussels.

French minister hails EU duties on Chinese ceramics — 16 November 2012, 21:23 CET

French Industrial Renewal Minister Arnaud Montebourg hailed on Friday temporary European Union (EU) measures against Chinese ceramic imports, using a visit to this iconic city to warn EU partners against being "naive" on trade issues.

France bank chief says end of euro would be 'disaster' — 16 November 2012, 17:42 CET

Bank of France governor Christian Noyer said Friday the euro is here to stay and warned that its disappearance would be an "absolute disaster".

France, Poland join forces ahead of EU budget showdown — 16 November 2012, 21:27 CET

The French and Polish presidents agreed Friday to lobby for strong development and farm spending as economic stimulus at upcoming EU budget talks, despite the bloc's paymaster Germany wanting austerity.

New Basel banking rules stumble, but markets implement — 15 November 2012, 19:22 CET

Global banking reforms known as Basel III are stumbling in Europe and the United States, but the rules have been published by major Asian financial powers and are already being enforced more broadly by financial markets.

France says will ask EU to re-examine Syrian arms embargo — 15 November 2012, 09:59 CET

France will raise the issue of excluding defensive weapons from the current arms embargo on Syria to help rebels fighting President Bashar al-Assad's regime, Foreign Minister Laurent Fabius said on Thursday.

German 'wise men' reject report of French reform ideas — 09 November 2012, 15:57 CET

Germany's so-called "Five Wise Men" of independent economic advisors dismissed media reports Friday that they have been asked by the government to draw up economic reform proposals for France.

Italy, France urge transparent EU budget rebate system — 08 November 2012, 22:25 CET

Italy and France on Thursday called for a transparent system for European Union budget rebates amid a widening row over the EU's 2014-2020 budget ahead of a summit of EU leaders this month.

France maintains growth forecast despite EU estimate — 08 November 2012, 16:44 CET

France stuck by its 2013 growth forecast of 0.8 per cent on Thursday despite a sharply lower estimate by the European Commission, as the French trade deficit narrowed slightly in September.

Euro Disney reports record visitors but big loss — 08 November 2012, 11:05 CET

Euro Disney, operator of a theme park and hotels near Paris, took a record 16 million people through its turnstiles in the last 12 months but reported a big loss on Thursday.