Is the Rise of the Euro Hurting European Economies?

On Tuesday, February 5 French President Francois Hollande expressed his complaint over an overvalued euro that does not represent the current state of the economy, claiming it is hurting the French.  During his speech Hollande asked the European Parliament to commit to reform of the currency that is currently at $1.35, a 12 percent increase […]

Gallois Report Heralds Policy Backtracking as Economic Woes Persist

After commissioning a report by Louis Gallois, the former head of European aerospace group EADS, French President François Hollande is set to address French economic woes through suggested provisions lowering payroll taxes and public spending. France’s share of Eurozone exports has dropped three percentage points in one year, from 17% down to 14%, and the […]