France and the EU

Latest business news about France and the European Union.

Advertisement

France, Belgium set EUR 5.5 bn Dexia capital boost — 08 November 2012, 11:01 CET

France and Belgium agreed Thursday to inject 5.5 billion euros of fresh capital into bailed out lender Dexia, Belgian Finance Minister Steven Vanackere said.

France drifting towards eurozone danger — 07 November 2012, 23:05 CET

France could be slipping into dangerous territory with its bid to bring excessive spending back within EU limits next year expected to fail, the EU said on Wednesday.

France unveils 20-billion-euro business tax break — 06 November 2012, 16:34 CET

France on Tuesday unveiled a 20-billion-euro tax break for companies in a bid to address flagging competitiveness.

Crisis-hit Europe 'still economic power': France — 05 November 2012, 11:19 CET

Top European leaders jetting into Laos for a major summit are on a mission to reassure Asia that their crisis-hit region is "still an economic power", French President Francois Hollande said.

France makes billion euro tax claim against Google: report — 31 October 2012, 11:18 CET

French tax authorities have made a billion-euro claim against Google to pressure it in a dispute over compensation to media websites, a French newspaper reported, a claim the Internet giant denies.

Dexia bank needs EUR 5-6bn recapitalisation: reports — 30 October 2012, 20:32 CET

The Franco-Belgian bank Dexia will need some "five-to-six billion euros" in recapitalisation in the next few weeks, Belgian newspapers reported on Tuesday.

Hollande against 'draconian' bailout for Cyprus — 26 October 2012, 13:52 CET

French President Francois Hollande on Friday urged a troika of international lenders not to impose "draconian" measures on Cyprus to rescue its Greece-exposed economy.

France, Germany want EU help on Balkans asylum seekers — 25 October 2012, 12:26 CET

France and Germany want the European Union to take steps to stop the tide of asylum seekers from Serbia and Macedonia, their interior ministers said in interviews published Thursday.

Financial transaction tax should bring in EUR 10 bn: France — 23 October 2012, 13:23 CET

A financial transaction tax in the 11 EU states which support such a levy would probably raise more than 10 billion euros per year, French European Affairs Minister Bernard Cazeneuve said on Tuesday.

EU should help car makers eliminate overcapacity: French institute — 23 October 2012, 13:23 CET

The European Union should provide financial support to car makers to eliminate overcapacity in the industry, a state-funded French institute said on Tuesday.

Commission rejects French call to monitor Sth Korean car imports — 23 October 2012, 00:16 CET

The European Commission rejected on Monday a French request for closer oversight of auto imports from South Korea, saying there was no legal basis for such a move.

France, after Germany, backs Ireland on bank debt deal — 22 October 2012, 19:18 CET

France on Monday boosted hopes for ailing Irish banks to benefit retroactively from a new eurozone bailout fund, by repeating the German position that the crisis-hit country was a "specific case".

Ireland should be 'specific case' on bank debt: France — 22 October 2012, 17:20 CET

French President Francois Hollande said Monday that Ireland's handling of its banking debt crisis should be considered as a special case distinct from the rest of the eurozone debt crisis.

Greece's funds are running out, but confident on aid — 19 October 2012, 15:25 CET

Greek Prime Minister Antonis Samaras said on Friday that the indebted country has enough money to keep going until mid-November but was confident it would get the next instalment of rescue loans soon.

Hollande warns against tough bailout conditions for Spain — 19 October 2012, 09:08 CET

French President Francois Hollande warned on Friday against "adding austerity to austerity" by imposing harsh conditions on Spain if it were to request a full sovereign European bailout.

South Korea puzzled by French dumping accusations — 18 October 2012, 21:35 CET

South Korean Trade Minister Taeho Bark said he was puzzled by statements made by the French government, which has accused the Korean automobile industry of flooding the French market, in an interview posted online Thursday.

France rules out euro exit for Greece — 18 October 2012, 17:01 CET

French Prime Minister Jean-Marc Ayrault on Thursday sought to assure Asian countries of the stability of the eurozone and warned of the risk if Greece or other debt-hit nations exited the bloc.

Franco-German 'couple' not in trouble: French PM — 18 October 2012, 15:34 CET

French Prime Minister Jean-Marc Ayrault on Thursday compared Franco-German relations to the "balanced" relationship he has with his wife, saying that discussion would prevent any misunderstandings.

Hollande says end of euro crisis 'very close', warns Germany — 17 October 2012, 16:24 CET

French President Francois Hollande said Wednesday the end of the eurozone crisis is "very close" but warned Germany to stop thinking Berlin should have the only say on how to tackle Europe's debt woes.

French president says end of eurozone crisis 'very close' — 17 October 2012, 11:57 CET

French President Francois Hollande said Wednesday an end to the crisis in the eurozone was "very close".

EU has 'greater responsibility' after Nobel win: France — 12 October 2012, 13:57 CET

The Nobel Peace Prize awarded to the European Union on Friday puts greater responsibility on the bloc, the French presidency said.

France ratifies EU fiscal pact — 11 October 2012, 21:55 CET

France on Thursday ratified an EU fiscal pact that requires countries with high debt to keep their structural deficits below 0.5 per cent of gross domestic product to overcome the eurozone crisis.

Love to chat but trillion-euro phone bill? — 10 October 2012, 14:52 CET

A Frenchwoman who received a telephone bill for an amount equivalent to nearly 6,000 times the country's annual economic output has had the real amount she owed waived -- after finally convincing the company they must have made a mistake.

Spain meets France on crisis, IMF urges action on euro debt — 10 October 2012, 13:10 CET

The leaders of France and Spain met on the eurozone crisis on Wednesday, amid IMF calls for urgent action to control debt which is threatening the global economy.

French National Assembly approves EU fiscal pact — 09 October 2012, 18:45 CET

France's National Assembly Tuesday approved a EU fiscal pact that is key to efforts to overcome the eurozone debt crisis but that critics argue is austerity forced by Brussels.