France

France and Italy presented a united front Wednesday on the eurozone debt crisis amid deepening divisions over belt-tightening policies in the European Union as some countries reach breaking point, Agence France-Presse reported. French President Francois ...

Daily Headline - global.abi.org - 05/01/2013 - 21:36 - 0 comments

French film camera manufacturer Aaton has entered financial receivership, according to a statement from company founder Jean-Pierre Beauviala posted to the French Society of Cinematographers (AFC) website, StudioDaily reported. Known for the Super 16 Xte ...

Daily Headline - global.abi.org - 04/30/2013 - 21:18 - 0 comments

President François Hollande offered an olive branch to France's restive business community on Monday with measures aimed at encouraging investment in startups, in a country desperate for economic growth, The Wall Street Journal reported. Mr. Hol ...

Daily Headline - global.abi.org - 04/29/2013 - 22:18 - 0 comments

Unemployment in Spain and France has jumped to new highs, data showed Thursday, lending ammunition to a growing chorus calling for easing the euro zone's austerity drive as the cure for its debt crisis because of the high social fallout, The Wall ...

Daily Headline - global.abi.org - 04/25/2013 - 23:05 - 0 comments

French chemicals maker Arkema will book a first-quarter charge of 125 million euros ($163 million) to reflect its exposure to unprofitable vinyls business Kem One, which it spun off in July 2012, Arkema said on Wednesday, Reuters reported. A French comme ...

Daily Headline - global.abi.org - 04/10/2013 - 21:19 - 0 comments

The French government threw in the towel Friday on plans to levy a 75% tax on the rich, a key election pledge of President François Hollande, and acknowledged it wasn't clear how it would hike taxes on the country's wealthiest citizens, The W ...

Daily Headline - global.abi.org - 03/24/2013 - 21:27 - 0 comments

France is set to follow in Switzerland’s footsteps by tackling private sector wages in the latest attack on European executive pay, the Financial Times reported. Legislation to increase shareholder power over remuneration and limit or ban enhanced pe ...

Daily Headline - global.abi.org - 03/21/2013 - 23:14 - 0 comments

French President François Hollande said Tuesday the country's budget deficit will be well above what he pledged when he came to power 10 months ago, and Europe needs to change its dose of austerity to fuel an economic recovery, The Wall Street Jou ...

Daily Headline - global.abi.org - 03/12/2013 - 21:20 - 0 comments

Shareholders of debt-laden French spirits group Belvedere approved the company's debt-restructuring plan after an unruly meeting lasting more than five hours on Thursday, giving it a chance to avoid an otherwise likely liquidation, Reuters reported. ...

Daily Headline - global.abi.org - 02/28/2013 - 21:31 - 0 comments

A relevant national law in the field of insolvency must be effective regarding reorganization in order to ensure the rescue of companies or the survival of debtors, despite the existence of debts that they are unable to overcome – at least immediately. ...

Resource Article - abi_editor - 02/26/2013 - 12:41 - 0 comments - 1 attachment