Hollande’s Struggle, Exemplified by Bastille Day

Never in the history of the Fifth Republic had a French President been so low in the opinion polls. While more than 60 % of the French people had a positive opinion of the President when he was elected in May 2012, this number has not stopped decreasing since that month. Today, it has more […]

France, Europe’s Second Largest Economy, Officially in a Recession

The recent announcement by the INSEE (National Institute of Statistics and Economic Studies) that France is “officially” in a recession has the French wondering just how serious the economic situation has become. Investment and exports are both on the decline, and household consumption is at its lowest in the past thirty years. All together the […]

Hollande Seeks to Rally Support at Press Conference

François Hollande, facing approval ratings of roughly 25%, the lowest of any French president over the past 50 years, and opposition from within his own party, tried to rally support in a press conference last Thursday, May 16. Since his election last year, Hollande’s poll ratings have steadily declined, apart from a brief boost following […]

French Unemployment Rate Reaches All-Time High

French Labor Minister Michel Sapin released March’s job figures Thursday, April 25, which showed that Europe’s second largest economy is continuing to flounder during the economic recession. The unemployment rate reached 3,224,000, the highest yet for France. This latest joblessness figure surpasses the previous record high in January 1997 by nearly 30,000 unemployed citizens. This […]

Cour des Comptes Urges France to Review Unemployment Benefits

In the midst of the Euro zone crisis, France faces its own economic problems. The country’s state audit office, the Cour des comptes, has urged the government to review the funding of unemployment benefits for French citizens, saying that the current system is “unsustainable”. The Cour des comptes labeled the benefits as costly and ineffective, […]

Hard Times for French Students

Although in many ways French students are better-off financially than their American, British and Canadian counterparts, student life in France is getting more and more expensive. The situation has lead the two main student unions, the Union Nationale des Etudiants de France (UNEF) and the Fédération des Associations Générales Étudiantes (FAGE), to ring the bell. […]

French Court Rules New EU Budgetary Pact Constitutional

The Paris Constitutional Council ruled Thursday night that the new European Union fiscal treaty does not require a constitutional amendment. This puts the EU one step closer to adopting the budgetary pact. 25 countries signed the treaty in early March, including all 17 Euro Zone countries, and the new laws subject member states to stricter […]