France, Europe’s Second Largest Economy, Officially in a Recession

The recent announcement by the INSEE (National Institute of Statistics and Economic Studies) that France is “officially” in a recession has the French wondering just how serious the economic situation has become. Investment and exports are both on the decline, and household consumption is at its lowest in the past thirty years. All together the […]

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 […]