France Sells Prestigious Ambassador’s New York Apartment to Meet Budget Cuts

France is currently undergoing a number of impressive cuts in order to bring its growing budget deficit down by 50 billion euros, to meet European Union regulations. One such recourse—selling the French ambassador’s 18-room duplex at 740 Park Avenue in Manhattan. Nicknamed the “Millionaire’s Building,” 740 Park Ave. is one of New York City’s most […]

Proposed Defense Cuts in France Raise Concern

French officials are doing everything they can to improve France’s financial situation. The latest proposed budget cuts affect the French military, an idea with which many in France are naturally displeased. Many French troops serving in the French military intervention in Mali are hoping that when they return, they will have the opportunity to be […]