Search Results for: François Hollande
Top EU officials eye deal by end-May as technical-level talks make gradual progress
May 20th, 2015
As Greek government officials expressed their confidence that a deal with the country’s creditors is close, top European officials indicated Tuesday that although there has been progress in negotiations, an agreement is unlikely before the end of the month. ...
Varoufakis Said to Take Hammering From Riled EU Ministers
April 24th, 2015
Greek Finance Minister Yanis Varoufakis was heavily criticized by his euro-area colleagues amid mounting frustration at his refusal to deliver measures to fix his country’s economy and release financial aid, according to three people familiar with the talks. Euro-area ...
Switzerland, France Discuss Tax
April 24th, 2015
French President François Hollande has met with the head of Switzerland’s Federal Department of Finance, Eveline Widmer-Schlumpf, to talk tax. The meeting was held during Hollande’s state visit to Switzerland, the first by a French President since 1998. The ...
Nokia Agrees to $16.6 Billion Takeover of Alcatel-Lucent
April 15th, 2015
The Finnish telecommunications company Nokia said Wednesday that it had agreed to an all-share takeover of Alcatel-Lucent that valued its French rival at 15.6 billion euros, or about $16.6 billion. The combined company is expected to become the world’s second-largest telecom equipment manufacturer ...
Greece’s Prime Minister Tsipras Heads to Moscow as Bailout Talks Drag On
April 6th, 2015
Greek Prime Minister Alexis Tsipras will be walking a fine line in Moscow this week, aiming to demonstrate an independent streak to voters at home without irritating the European Union as he negotiates for urgently needed funding. Greek officials and ...
France cuts 2015 deficit target, eyes economic recovery
March 26th, 2015
France cut its budget deficit target for this year on Thursday and said economic growth could beat the government’s 1 percent forecast, after reporting a smaller-than-expected fiscal gap for 2014. Finance Minister Michel Sapin said France, which has repeatedly missed its ...
Greece to draft new reform plan within days – EU leaders
March 20th, 2015
EU leaders say Greece has agreed to come up with a new reform plan within days to secure the additional bailout funds required to prevent bankruptcy. The development came after marathon talks between Greek PM Alexis Tsipras, German Chancellor ...
Greek Parliament Passes Antipoverty Bill
March 19th, 2015
International creditors had asked Greece to hold off on voting until they assessed budget impact Greek lawmakers passed an antipoverty bill Thursday despite not having the green light from international creditors on the law, in the latest snag in ...
Greek PM seeks meeting with top EU leaders as cash crunch deepens
March 17th, 2015
Greek Prime Minister Alexis Tsipras has requested a meeting with top European leaders including German Chancellor Angela Merkel at this week’s EU summit, a Greek official said on Tuesday, as his cash-strapped government scrambles to stave off bankruptcy. As ...
Merkel says France reforms on ‘right track’
March 4th, 2015
German Chancellor Angela Merkel said Wednesday that French economic reforms put the country on the “right track” after Paris won a two-year delay from the EU to get its budget deficit back within Brussels limits. “I think France is ...
