How does the Franco-German Relationship Shape Europe?

At a meeting of the French and German ministers in Paris last month, French President François Hollande and German Chancellor Angela Merkel appeared to be more united than ever. Hollande emphasized the importance of agreeing on major foreign policy issues, highlighting the alignment of the two countries on issues in Iran, Syria, and Africa. Concerning […]

Hollande Announces Measures to Increase France’s Economic Outlook

President Francois Hollande presented a fresh fiscal outlook for the struggling French economy to 30 or more international business executives on 17 February. The meeting included representatives from corporate staples such as Volvo, Intel and Nestle, in addition to financial chiefs from China and various Gulf nations. France, the European Union’s second-largest economy, has experienced […]

Downgrade Sparks Criticism from Government and Rating Agency

On November 8, for the second time in less than two years, Standard & Poor’s downgraded France’s sovereign debt rating to “AA with a stable outlook,” according to the agency’s report. France’s rating was last downgraded in January of 2012 from AAA to AA+, when Nicolas Sarkozy was still leading the country. The rating agency’s […]

Disappointing EU Factory Data Raises Doubts About Recovery

Eurozone manufacturing numbers plunged in July to their lowest level in three years, according to newly-released macroeconomic data. A fall of 1.5% in industrial output was reported across the 17-country Eurozone, instead of the 0.1% increase forecast by economists. The drop, reported by European Union statistics agency Eurostat, raises serious questions about whether European leaders […]

French and German Presidents Meet in Oradour-sur-Glane, Site of Nazi Massacre

This coming year will mark a few key dates in world history that helped mold the relationship between France and Germany. 2014 symbolizes the 100th anniversary of World War I’s outbreak. The anniversary of the Treaty of Elysée is coming up on January 22, as it is the 51st year since Charles de Gaulle and […]

Fiscal Evasion a Large Topic of Discussion at EU Summit in Brussels

On Wednesday, May 22nd, Brussels hosted a summit for the leaders of the European Union (EU) states.  France, alongside the UK and Germany, lobbied for the four-hour session to include an in-depth discussion of tax loopholes and evasion within the Eurozone, alongside the scheduled talks on European energy policy ad infrastructure.  These talks were prompted […]

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 […]

Hollande Promises Reporting Measures Following Budget Minister Scandal

After Wednesday’s weekly cabinet meeting on April 10, French President Francois Hollande gave a press conference where he detailed a plan to make politician’s private finances more transparent. Following the scandalous resignation of his budget minister, Jérôme Cahuzac, last month, Hollande pledged to act immediately to prevent such corruption, introducing the strictest reporting requirements for […]

G20 Summit in Moscow: Consequences of Austerity, Currency Wars, and Taxes

The G20 summit in Moscow February 15 and 16 brought the world’s leading developed nations together to refine targets and plans they made last summer and bring some new economic issues to the table.  The G20 consists of 19 countries plus the European Union, representing about 90% of the world’s gross domestic product (GDP), about […]

The World’s Largest Aerospace and Defense Group : Next Time ….

Boeing no longer has to worry, the project of EADS and BAE to merge into the largest  aerospace and defense group to date was aborted last Wednesday. The companies did not press the British Takeover Panel — in charge of the regulation and supervision of takeovers — on their desire to prorogue the deadline fixed by […]