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Apr 3, 2012

French Socialist’s toned-down treaty talk may assuage Berlin

PARIS (Reuters) – France’s Socialist presidential candidate has become the standard bearer of the European Left’s fightback against austerity, but the toned-down additions he is proposing to a German-inspired fiscal pact should prove acceptable to Berlin.

Francois Hollande, who leads in polls ahead of an expected May 6 runoff with conservative President Nicolas Sarkozy, alarmed many by vowing to “renegotiate” a treaty on budget discipline signed by 25 European leaders last month.

Apr 3, 2012

Analysis: French Socialist’s toned-down treaty talk may assuage Berlin

PARIS (Reuters) – France’s Socialist presidential candidate has become the standard bearer of the European Left’s fightback against austerity, but the toned-down additions he is proposing to a German-inspired fiscal pact should prove acceptable to Berlin.

Francois Hollande, who leads in polls ahead of an expected May 6 runoff with conservative President Nicolas Sarkozy, alarmed many by vowing to “renegotiate” a treaty on budget discipline signed by 25 European leaders last month.

Mar 31, 2012

German bid to save transactions tax gets cool response

BRUSSELS (Reuters) – German attempts to win backing for a watered-down tax on financial transactions in Europe received a lukewarm response on Saturday, in the face of opposition from some governments, putting a full-scale levy off the agenda for now.

Berlin has struggled to rally support for a tax on buying and selling shares, bonds and derivatives. At a meeting of EU finance ministers, it made a last-ditch attempt to salvage its prospects, offered to initially limit the tax to equities.

Mar 31, 2012

German bid to save transactions tax gets cool response

BRUSSELS, March 31 (Reuters) – German attempts to win
backing for a watered-down tax on financial transactions in
Europe received a lukewarm response on Saturday, in the face of
opposition from some governments, putting a full-scale levy off
the agenda for now.

Berlin has struggled to rally support for a tax on buying
and selling shares, bonds and derivatives. At a meeting of EU
finance ministers, it made a last-ditch attempt to salvage its
prospects, offered to initially limit the tax to equities.

Mar 30, 2012

Exclusive: Germany makes last-ditch attempt to save transaction tax

COPENHAGEN (Reuters) – Germany made a last ditch attempt on Friday to salvage the prospect of a financial transaction tax in Europe by proposing to apply the charge initially only to trading in company stock, but still faced resistance to its plans.

A document circulated at a meeting of EU ministers and obtained by Reuters describes a two-stage approach of advancing towards a “comprehensive financial transaction tax”, with the first step being a scaled-down levy.

Mar 29, 2012

French vote may change economic team, not course

PARIS (Reuters) – The man who could become France’s first Socialist president in nearly two decades may have turned his campaign rhetoric against bankers and the rich, but in office his policies would be guided by advisers steeped in commerce and public service.

Francois Hollande met some of his most trusted counsellors more than 30 years ago at the Ecole Nationale d’Administration (ENA), the civil service college that turns out industry leaders and top public officials.

Mar 28, 2012

Analysis: French vote may change economic team, not course

PARIS (Reuters) – The man who could become France’s first Socialist president in nearly two decades may have turned his campaign rhetoric against bankers and the rich, but in office his policies would be guided by advisers steeped in commerce and public service.

Francois Hollande met some of his most trusted counselors more than 30 years ago at the Ecole Nationale d’Administration (ENA), the civil service college that turns out industry leaders and top public officials.

Mar 26, 2012

Sarkozy to bar some imams from entering France

PARIS (Reuters) – President Nicolas Sarkozy said on Monday he would bar some Muslim preachers from entering France to participate in an Islamic conference next month as part of a crackdown after shootings by an al Qaeda-inspired gunman.

Sarkozy, who is campaigning for re-election, has also announced plans to punish people viewing Islamist websites and going abroad for indoctrination since the killings.

Mar 26, 2012

French jobless total hits highest since Oct 1999

PARIS, March 26 (Reuters) – The number of jobless people in
France rose for a 10th consecutive month in February to reach
its highest level since October 1999, casting a pall over
President Nicolas Sarkozy’s re-election prospects.

Figures released on Monday by the Labour Ministry showed
that the number of registered job seekers in mainland France
rose by 6,200 in February to 2.868 million, up 0.2 percent month
on month and 6.2 percent on the year.

Mar 26, 2012

Sarkozy to bar radical imams from entering France

PARIS (Reuters) – France will bar radical Muslim preachers from entering the country to participate in an Islamic conference next month as part of a crackdown after shootings by an al Qaeda-inspired gunman, President Nicolas Sarkozy said on Monday.

Sarkozy, who has announced plans to punish those viewing Islamist Web sites and going abroad for indoctrination, said he would block the entry of some imams invited to a congress organized by the Union of French Islamic Organizations (UOIF).