France Sells Shares of Safran, Further Sales on the Horizon

Last week, the French state sold a portion of its shares in the aeronautic equipment manufacturer Safran. In light of the successful transaction, Minister of Industrial Renewal Arnaud Montebourg announced on Friday, April 5 that this type of operation might be repeated. The French government has begun undertaking such selloffs in an effort to pay […]

Schwarzenegger Backs Hollande’s Budgetary Rigor

The former governor of California, Arnold Schwarzenegger, declared on Friday, October 12th that he supported François Hollande’s budgetary rigor. In Paris, during the presentation of his autobiography Total Recall, the actor and politician observed that without such a policy, France would be “going in the exact same direction as the United States.” Indeed, he pointed […]