2014: New Deal for President Hollande

What a first couple of weeks! After a disastrous fall, President Hollande decided to take a huge initiative in a master political maneuver – one that some analysts have already dubbed the launch of the President’s re-election campaign. It is possible to say, without exaggerating, that January was the month when Hollande decided to make […]

France’s Main Union of Employers Selects New Leader

The organization ‘Movement des Enterprises de France’ (MEDEF), France’s largest representative of employers, elected a new President on July 3. Pierre Gattaz, the new leader, is the 53-year-old CEO of hundred million dollar revenue company Radial, an electronic component manufacturer, and was elected with 95 % of the vote. Gattaz replaces Laurence Parisot at the […]

Moscovici Announces No Limit on CEO Salaries

Setting a limit on the income of the CEOs of public companies was one of the most symbolic and awaited of the propositions François Hollande made during his presidential campaign. The intention was to set the maximum income at 450,000 euros per year, as was published in a government decree July 26, 2012. This initiative […]

ANI Passes in National Assembly Regardless of Nationwide Protests

Members of the Confédération Générale du Travail, (CGT) Solidaires, and Parti Communiste Français (PCF) protested in Paris and across France today in opposition to the Accord National Interprofessionnel (ANI – National Interprofessional Agreement) labor reform bill. While these labor unions urged parliament members to vote against the b ill, 250 out of 276 officials in […]

What You Missed in March

The end of diesel? Debate around car industry (March 3) French ministers are debating raising taxes on diesel.  The 18 cent difference between a liter of gas and diesel—and World Health Organization reports about the carcinogenic effects of diesel—have deterred the government from wanting to continue support of the industry.  The projected 7 billion euro […]

Montebourg Clashes With Titan

On Tuesday, February 19, the French newspaper Les Echos triggered a clash between the French government and the tire company Titan with the publication of a polemical letter from its CEO, Maurice M. Taylor, Jr., known as “the Grizz.” In the letter, Taylor, former candidate for the Republican nomination in 1996, criticized the workers of […]

Medef Holds Summer Forum

At the Medef (Movement of Enterprises in France) summer forum, employers are worried and the government remains unable to reassure them. The traditional summer forum of Medef, the French Employers Union, was held August 29-31 in Jouey-en-Josas on the campus of the prestigious business school HEC. The theme of this year: integration. Over the course […]