Connect to share and comment

Hollande vows to 'go on offensive', push euro government

Embattled President Francois Hollande vowed Thursday to "go on the offensive" by pushing for a new eurozone government and tackling France's economic woes after the country fell into recession. During a wide-ranging press conference, Hollande promised measures to combat rising unemployment and boost investment in France, as well as initiatives to reform Europe and foster growth in the 17-nation eurozone.

Hollande under fresh pressure after France enters recession

President Francois Hollande holds a key press conference Thursday, a day after his first anniversary in office was marred by news that France had fallen back into recession amid plummeting economic indicators. The Socialist leader, who is the most unpopular post-War president according to opinion polls, had pledged to turn back double-digit unemployment in Europe's second-largest economy this year, but that now seems highly unlikely.

Hollande's headache worsens as France slips into recession

President Francois Hollande's nagging headache to reboot the French economy has turned into a migraine as the economy slipped into its second recession in four years, fuelling speculation of an impending cabinet reshuffle. Having just marked his first year as French president, Hollande's ambition to reverse the trend of soaring unemployment is now deemed an impossible task by many economists who say the government's efforts to create more jobs will at best limit the damage.

France's Hollande anticipates 'zero growth' 2013

French President Francois Hollande said Wednesday that he now anticipates "zero growth" for 2013, after the eurozone's second largest economy plunged into recession. "It is likely that there will be zero growth in 2013," Hollande told a press conference in Brussels, while his government in Paris has tipped 0.1 percent growth for the year. bur-rt/rl

France's Hollande eyes reshuffle, more laws by decree

PARIS (Reuters) - French President Francois Hollande has promised to weed out underperforming ministers as he strives to win back support from a public impatient over still unfulfilled promises to restore jobs and growth. The Socialist Hollande, whose poll ratings are among the worst for a post-World War Two French leader, told weekly magazine Paris Match his ministers would be judged on their results just as he has asked voters to do with him.

As popularity falls, Hollande preps 10-year plan to invest 20B euros in infrastructure, energy

PARIS - French President Francois Hollande is defending the record of his first year in office and promising to unveil a 10-year plan to invest 20 billion euros ($26 billion) in infrastructure, digital technology and clean energy. After a special Cabinet meeting Monday, his spokeswoman clarified that some of that money would come from projects already announced. She said the rest of the details would have to wait for the plan's announcement. Amid a stagnating economy and rising unemployment, Hollande has seen his popularity plummet since he was elected last May 6.

No anniversary party for under-fire Hollande

Under fire from right and left, French President Francois Hollande on Monday spent the first anniversary of his election triumph hunkered down with ministers to thrash out a comeback strategy. Hollande, Prime Minister Jean-Marc Ayrault and most of the embattled Socialist government's ministers held talks at the Elysee Palace to set the administration's reform agenda for the coming months. Hollande is marking the anniversary of his May 6 win last year over right-winger Nicolas Sarkozy as the most unpopular president in modern French history.

Hollande marks unhappy anniversary with investment pledge

Beleaguered French President Francois Hollande marked the first anniversary of his election win with a promise to launch a major investment programme that will transform the country. Under fire from right and left, Hollande outlined what amounts to a comeback strategy constructed around a ten-year programme of investment in digital and other new technolgies, alternative energy, health and infrastructure. "We have achieved a lot in a year, but there remains a considerable amount to do," Hollande told his ministers, asserting that "the coming year will be a year of results."

Under-fire Hollande meets ministers on election anniversary

French President Francois Hollande was to meet with his government to plan the months ahead on Monday, as he marks the first anniversary of his election under a cloud of record unpopularity. Hollande, Prime Minister Jean-Marc Ayrault and the Socialist government's 37 ministers were to meet to set the administration's reform agenda for the coming months. In an interview late Sunday, Ayrault admitted the government had made mistakes in its first year.

Anti-government street protests mark Hollande's first year anniversary

Tens of thousands of protesters took to the streets of Paris on Sunday to mark Socialist President Francois Hollande's first year in office by accusing him of turning his back on the left. On the eve of the anniversary of his May 6 win last year over right-winger Nicolas Sarkozy, the Communist-backed Left Front gathered supporters for the march from the Bastille, the iconic square of the French Revolution.
Syndicate content