Tuesday, 07 May 2013 Finance Minister Pierre Moscovici says French austerity measures are at an end, instead opting for growth. This further complicates the strained relationship between the eurozone’s two largest economies. “We’re witnessing the end of the dogma… Read More ›
Pierre Moscovici
France ups the ante in EU tax evasion battle after scandal: Budget minister tried to hide 15 million Euros
07 Apr 2013 PARIS (AFP) France said Sunday it was looking to tighten Europe-wide measures against tax evasion as it scrambles to contain a fraud scandal that has rocked President Francois Hollande’s government. The move comes as Jerome Cahuzac — the former… Read More ›
France: Socialists as scandal-ridden as predecessors
Cahuzac, Lagarde and other dubious affairs overshadow Hollande 04 April, 12:25 (ANSAmed) – PARIS, APRIL 4 – After less than a year in power, the Socialist presidency of Francois Hollande, which was hailed as an antidote to the scandal-ridden right-wing… Read More ›
‘France is totally bankrupt’: French employment minister Michel Sapin embarrasses President Francois Hollande with shocking statement on state of the country’s economy
Unexpected news came during a radio interview yesterday and calls into further question Hollande’s controversial ‘tax and spend’ policies John Hall Tuesday, 29 January 2013 France’s employment minister Michel Sapin has admitted the country is “totally bankrupt”. The unexpected news… Read More ›
France’s High Court: 75% Tax is Unconstitutional
Sunday, 30 December 2012 France’s Constitutional Council on Saturday rejected a 75 percent upper income tax rate to be introduced in 2013 in a setback to Socialist President Francois Hollande’s push to make the rich contribute more to cutting the… Read More ›
French business erupts in fury against “disastrous” François Hollande
France is sliding into a grave economic crisis and risks a full-blown “hurricane” as investors flee rocketing tax rates, the country’s business federation has warned. Francois Hollande is tightening fiscal policy by 2pc of GDP next year to meet EU… Read More ›
France’s socialist president set to unveil unprecedented austerity plan: 75-percent tax on income exceeding one million euros
By Agence France-Presse Sunday, September 9, 2012 12:09 EDT PARIS — France’s Socialist President Francois Hollande was due to announce on Sunday unprecedented belt-tightening measures of billions of euros amid mounting discontent over the flagging economy and job cuts. Hollande,… Read More ›