United States has rejected a French request for waivers for its companies operating in Iran that Paris sought after President Donald Trump imposed sanctions on the Islamic Republic, French Finance Minister Bruno Le Maire told Le Figaro.
The hunt for a new chief executive to lead Air France-KLM, a group hobbled by union resistance to cost-cutting at its French brand, is testing President Emmanuel Macron’s resolve for a lighter state touch on the economy.
French economic growth slowed to 0.2 percent in the first quarter from 0.7 percent in the previous three months, INSEE statistics agency said.
Germany and France have agreed a joint proposal for corporate tax harmonization among EU member states to raise transparency and level the playing field for companies doing business in the bloc.
France said an investment budget for the euro zone and a backstop for European banks demanded by Macron are non-negotiable, raising pressure on Angela Merkel before talks on reforming the bloc.
France threatens massive fines if GE fails to create a set number of jobs in the country
France called on Friday for more ambition from Germany in reforming the euro zone, saying Europe faced a “now or never” moment with rising external threats from the United States and China.
Ford plans to close its Blanquefort gearbox plant in southwestern France if no buyer can be found for the site, which employs 900 workers, the U.S. carmaker said
Finance leaders of the closest US allies vented anger over metal tariffs, ending a 3-day meeting with a stern rebuke of Washington and setting up a heated fight at a G7 summit next week in Quebec.
Italy is an essential part of the euro zone and pro-European comments of Italian President Sergio Mattarella were a positive signal, French Finance Minister Bruno Le Maire said.