French Economy

France's growth push sets up showdown with Brussels

Tag teams (clockwise from top left) … France's President Francois Hollande and Italy's President Giorgio Napolitano hope their economies will move forward with the appointment of reform-minded Matteo Renzi and Manuel Valls as prime ministers. Photos: EPA, AP, Xinhua, Reuters

There is, after all, hope for France and Italy, the two main reform laggards in Europe's single-currency area.

Friday, 4 April, 2014, 5:25am

French jobless total stable in May at record high

The jobs crisis has become a headache for French president Francois Hollande. Photo: Reuters

The number of unemployed people in mainland France was stable in May with a negligible rise of 100 people, just nudging the total to a new all-time high of 3,264,500, labour ministry data showed.

27 Jun 2013 - 12:34pm

Germans irked as Hollande says EU cannot dictate French reforms

German chancellor Angela Merkel (left) wants President Francois Hollande to undertake structural reforms, including cutting public spending, revamping pensions and cutting labour costs. Photo: Xinhua

President Francois Hollande has pledged to carry out long overdue reforms of France’s pension system and labour markets but said it was up to Paris, not the European Commission, to determine how they are implemented.

31 May 2013 - 12:01pm

Does France have right plan to revive its economy?

French steel workers demonstrate at an Arcelor Mittal factory. The French government is under increasing pressure over its inability to kick-start Europe’s second largest economy. Photo: EPA

The man charged with reviving France’s shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite.

23 May 2013 - 8:27am