PARIS, April 19 (Reuters) – France said on Thursday a
U.N.-backed peace mission needed to send at least 300-400
observers to Syria to succeed – higher than previous estimates -
adding foreign powers would discuss new ways to end the violence
in case the mission failed.
Damascus and the United Nations agreed on Thursday on the
terms for observers to enter the country to monitor a ceasefire,
called more than a year after the start of an uprising against
President Bashar al-Assad.
PARIS (Reuters) – French President Nicolas Sarkozy called for aid corridors to be set up in Syria to protect opponents of Bashar al-Assad and urged major powers to show unity to persuade Russia and China to drop their support for the Syrian president.
Ahead of a foreign ministers’ meeting in Paris on Thursday, Sarkozy repeated calls to create a safe passage for relief organizations – with Syrian approval or an international mandate – to get food and medicine to about 1 million civilians caught up in the fighting.
UNITED NATIONS/PARIS, April 19 (Reuters) – Syria has not
fully withdrawn troops and heavy weapons from towns, failing to
send a “clear signal” about its commitment to peace, U.N. chief
Ban Ki-Moon said on Thursday, underlining Western fears for the
In the first progress report since the Security Council
passed a resolution on Saturday authorising the deployment of
observers, Secretary-General Ban proposed an expanded mission of
300 personnel to monitor a shaky ceasefire between forces loyal
to President Bashar al-Assad and opposition fighters.
PARIS (Reuters) – The Socialist frontrunner in France’s presidential election would hand militant trade unions a bigger role in the economy if he wins power next month, gambling on transforming traditionally combative labor relations, aides say.
Francois Hollande, who polls suggest is on course to become the first left-wing president in nearly two decades, believes a more cooperative approach could help restore public finances and improve flagging industrial competitiveness.
PARIS (Reuters) – Bank of France Governor Christian Noyer said on Friday he saw no reason for markets to target France in the wake of the presidential election provided the next government focuses on deficit reduction.
President Nicolas Sarkozy said this week victory for his Socialist rival Francois Hollande, who leads in opinion polls for the May 6 runoff, could lead to a crisis of confidence in France.
PARIS (Reuters) – The scale of market pressure on Spain is not justified given the reforms being undertaken by its government and the European Central Bank still has its bond-buying programme as an option, ECB Executive Board member Benoit Coeure said on Wednesday.
Markets are watching closely for any signs that a rise in Spanish bond yields back above 6 percent may prompt a change in ECB rhetoric after policymakers in recent weeks stressed it was now up to governments to deal with the crisis, not the bank.
PARIS, April 11 (Reuters) – The scale of market pressure on
Spain is not justified given the reforms being undertaken by its
government and the European Central Bank still has its
bond-buying programme as an option, ECB Executive Board member
Benoit Coeure said on Wednesday.
Markets are watching closely for any signs that a rise in
Spanish bond yields back above 6 percent may prompt a change in
the ECB’s rhetoric after policymakers in recent weeks underlined
it was now up to governments to deal with the crisis, not the
PARIS, April 10 (Reuters) – France’s Socialist presidential
frontrunner has branded finance his real enemy but his
government would be more lenient in carving up banks’ activities
than regulators in nearby Britain, regarded as a global haven
for finance, advisers say.
Francois Hollande, who leads President Nicolas Sarkozy
comfortably in polls ahead of France’s May 6 presidential
runoff, has said he wants to tax banks more heavily and separate
their “socially useful” activities from those seen as
speculative, in a bid to avoid a repeat of the financial crisis.
PARIS (Reuters) – President Nicolas Sarkozy’s effort to persuade voters he is the best man to lead a French economic recovery suffered a blow on Tuesday when a survey showed stalling growth as he struggles to make headway against his Socialist rival.
Less than two weeks before voting begins, the conservative’s narrow lead over challenger Francois Hollande is steady or shrinking for the April 22 first round and he is still trailing in the May 6 runoff, three opinion polls showed.
PARIS (Reuters) – France’s economy posted no growth in the first quarter and there are no sign of a strong recovery in activity in the coming months, according to a Bank of France survey on Tuesday.
In its monthly report, the Bank of France indicated that the euro zone’s second largest economy avoided a recession, after it grew by 0.2 percent in the fourth quarter.