May Unemployment Numbers Reveal First Lull in Two Years

On Wednesday, the Ministry of Labor published the official 2013 unemployment figures. For the first time in two years, the unemployment numbers have stabilized. While this is good news—particularly after two years of rising numbers—the Prime Minister Jean-Marc Ayrault continues to maintain a cautionary stance. Having just arrived in Guadeloupe on an official visit, Ayrault […]

Honorable or Guilty? – Jérôme Cahuzac Quits Office

On Tuesday, March 19, 2013, Jérôme Cahuzac, the French Minister of the Budget, who has previously been accused of holding illegal bank accounts in Switzerland, quit. His departure from the government came at a chaotic time and has left officials scrambling. The French government had just begun meeting with other ministers to determine what cuts […]

Airbus Makes Historic Deal with Lion Air

The “contract of the century” has been made, Productive Recovery Minister Arnaud Montebourg proclaimed on Monday, March 18. Airbus signed an unprecedented contract with Indonesian Lion Air. President Hollande noted, “The contract is historic in its breadth — 234 planes and 18 billions of euros — and notable also for the relationship between a large […]