Tag Archive - nicolas sarkozy
September 2, 2010
After a three-week holiday at his wife’s family villa on France’s Mediterranean coast, President Nicolas Sarkozy returned to work last week for what could be the most testing autumn of his presidency. Deeply unpopular—a poll this week found that 62% of the French do not want him to seek ...
August 27, 2010
Germany and France have joined forces in opposition to EU budget hikes and the suggestion of EU-wide taxes to plug funding gaps. However, the EU executive has dismissed media reports of a European tax, saying "there is no such paper or proposal". After meeting German Finance Minister Wolfgang Schäuble yesterday (24 ...
August 25, 2010
French President Nicolas Sarkozy on Friday downgraded the government's forecast for 2011 growth, but said cutting the public deficit to 6% of gross domestic product next year remained a major objective whatever the level of growth. The government now expects economic growth of 2% in 2011, compared with a previous forecast ...
August 20, 2010
French President Nicolas Sarkozy has ordered his top ministers to cut short their summer vacations for a Friday meeting on the economy as he gears up for a tough battle to cut the deficit and reform the pension system. The Elysee Palace confirmed Sarkozy would meet with Prime Minister Francois Fillon, ...
July 23, 2010
The number of people required to pay wealth tax in France has grown by about 4% this year, despite the economic crisis. Provisional figures from the budget ministry show 562,000 people made a wealth tax declaration by the beginning of July, up from 539,000 at the same point last year. ...
July 6, 2010
President Nicolas Sarkozy's ratings have hit an all-time low, dragged down by scandals over his ministers, discontent over pension reform and a disastrous World Cup for the French soccer team, a poll showed on Thursday. The TNS Sofres survey for Le Figaro magazine said Sarkozy's approval rating fell two percentage points ...
July 1, 2010
French President Nicolas Sarkozy confirmed plans on Monday to slash spending on ministerial travel and perks as part of a drive to reduce government operating costs by 10 percent over the next three years. Like much of Europe, France is trying to squeeze spending to reduce its swollen public deficit from ...
June 29, 2010
Under pressure from anxious lenders, the French government took steps on Wednesday to help reassure markets about its creditworthiness, announcing that it would raise the retirement age and increase income taxes on the rich to help rein in its budget deficit. And the Spanish government, also facing concerned investors, proposed loosening ...
June 21, 2010
The French government faces a storm of strikes and protests, starting next week, after proposing that the country's retirement age should be raised from 60 to 62 by 2018. Wealthy people and civil servants would also pay higher pensions contributions under plans published yesterday to plug an anticipated €40bn (£33bn) hole ...
June 18, 2010
Meeting in Berlin, Chancellor Angela Merkel and President Nicolas Sarkozy stressed their desire to speak with one voice in Europe, pledging to tighten policy coordination and improve budget discipline to contain an ongoing debt crisis. "More than ever, Germany and France are determined to talk with one voice, to adopt common ...
