PARIS (Reuters) – France hinted on Tuesday that it would push to get a European Union arms embargo on Syria lifted, saying the balance of power in the country had to change so President Bashar al Assad understood he could not win by military force. “France is ... More »
BERLIN (Reuters) – Chancellor Angela Merkel’s junior coalition partner said on Sunday Germany must not allow France to break the European Union’s debt rules and it warned the European Central Bank against buying up sovereign bonds in response to Italy’s inconc... More »
LONDON (Reuters) – France, Spain and Italy dragged the euro zone into a deeper downturn in February, according to business surveys that showed the chasm between these countries and prosperous Germany widening yet again. While British services companies had a s... More »
NEW YORK (Reuters) – Spain’s Amancio Ortega, the co-founder of the Inditex fashion group, leapt over Warren Buffett and France’s Bernard Arnault to become the world’s third richest person on Forbes’ 2013 annual ranking of billionaires, with an estimated net wo... More »
BRUSSELS (Reuters) – The euro zone will not return to growth until 2014 and struggling Spain and France will be among those who miss debt-cutting targets as a result, the European Commission said on Friday. Paris and Lisbon said they would seek more time from ... More »
LONDON (Reuters) – Hopes the euro zone might emerge from recession soon were dealt a blow on Thursday, as surveys showed the downturn in the region’s businesses worsened unexpectedly this month – especially in France. Economists had expected that Thursday’s Fl... More »
LONDON (Reuters)- Even as the euro zone periphery starts to spy some glimmers of hope, concern is mounting that Germany is drifting apart from other countries at the core of the single currency bloc, notably France. Economically, the worry is that insistence o... More »
LONDON (Reuters) – The prospect of stronger European manufacturing surveys and decisive monetary easing in Japan this week ought to bolster confidence that the global economy can look forward to better days. It is definitely not yet time to break open the cham... More »
PARIS (Reuters) – Renault (RENA.PA ) wants to cut 7,500 posts in France by 2016 to help boost competitiveness as its domestic and European markets continue to slump, a spokeswoman for the French carmaker said. The cuts, equivalent to 14 percent of French Renau... More »
BEIJING (Reuters) – Chinese officials remain worried about the state of the euro, the visiting French finance minister said on Tuesday, while repeating assurances the euro zone has stabilized and that France is on track for recovery. Pierre Moscovici, in Beiji... More »
ISTANBUL (Reuters) – Turkey accused the European Union of bias and bigoted attitudes towards the EU candidate country on Monday and blamed it for undermining the Turkish public’s trust in the bloc. Turkey criticized the European Commission’s latest report on i... More »
BRUSSELS (Reuters) – Prospects of a deal on the European Union’s long-term budget dimmed on Friday after a fresh compromise proposal offered concessions to France and Poland but ignored British and German demands for deeper overall spending cuts. European Coun... More »
BRUSSELS/BERLIN (Reuters) – The euro zone debt crisis dragged the bloc into its second recession since 2009 in the third quarter despite modest growth in Germany and France, data showed on Thursday. The French and German economies both managed 0.2 percent grow... More »
PARIS (Reuters) – France’s lower house of parliament adopted on Wednesday the law needed to enact a European Union fiscal discipline treaty obliging governments to balance their budgets or face sanctions. Lawmakers voted 490 in favor of the legislation with 34... More »
PARIS (Reuters) – France is open to the idea of a new European Union treaty to deepen integration if it is deemed necessary to improve economic governance in the bloc, French Minister for European Affairs Bernard Cazeneuve said on Thursday. Cazeneuve was react... More »
PARIS (Reuters) – The heads of France’s main automakers issued grim warnings on the prolonged European market slump and its consequences as industry executives gathered for the Paris auto show. Renault (RENA.PA ) slashed its market forecasts on Wednesday on th... More »
LONDON (Reuters) – Aggressive new policy from the European Central Bank has so far failed to boost ailing euro zone business, according to surveys that showed a widening chasm between sickly France and a more resilient Germany. Thursday’s purchasing managers i... More »
