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Francois Hollande declares economic emergency in France

Francois Hollande declares economic emergency in France

French President Francois Hollande Monday pledged to redefine France's business model and declared what he called "a state of economic and social emergency," unveiling a 2-billion-euro (USD 2.2 billion) plan to revive hiring and catch up with a fast-moving world economy.

Paris attacks wipe a quarter off French growth: Central bank

The economic impact of last month's attacks in Paris will likely wipe a quarter off the growth that had been expected in the final three months of the year, the Bank of France said Tuesday.

France economy to shake off Paris shock: Analysts

The experience of attacks in New York in 2001, Madrid in 2004, London in 2005, and Bombay in 2008 shows the economic impact may be fleeting.

French growth revised up to 0.6% in first quarter

France`s economy grew by 0.6 percent in the first quarter of this year, the national statistics agency Insee said Wednesday, revising up its initial estimate by a tenth of a percentage point.

French economy registers zero growth in second quarter: official

The French economy ground to a standstill in the second quarter of the year, official figures published on Thursday showed, further fanning fears that France could drag down a stuttering eurozone recovery.

French jobless at new record in June

The number of registered unemployed in France rose by 9,400 in June to a new record of 3.398 million, the labour ministry said on Friday.

Eurozone growth stalls, France lags, deflation threatens

France risks getting left behind in the eurozone economic recovery.

French economy flat in first quarter

France's economy failed to grow in the first quarter of 2014.

France cuts huge trade deficit in 2013: Minister

France cut a crippling trade deficit by nearly nine percent last year partly due to falling imports, official data showed on Friday in figures that contrasted starkly with a record surplus in Germany.

France will not `copy` British economic policies: PM

French Prime Minister Jean-Marc Ayrault said Thursday that his government will not copy British economic policies as they had created poverty and inequality.

IMF asks France to slow adjustment pace for growth

The IMF maintained its forecast of a 0.2-percent contraction of the country's economy in 2013.

Number of jobseekers in France rises

The number of jobseekers in France rose to a new record of over 3.264 million.

Hollande vows to boost employment, economy

French President Francois Hollande has said that his priority is to tackle unemployment, the biggest headache for the Socialist government since he took office 10 months ago.

France looks to India to boost sagging economy

Since 2010, France has been steadily losing its edge in manufacturing and this trend accelerated in 2012, recording a jump of 42 percent in the closing of manufacturing units in the country, which numbered at 1087 units eliminating over 24,000 jobs, according to a study by Trendeo, a consultancy.

France to miss 2013 target to cut deficit: PM

Speaking to the state-run TV channel France 3, Ayrault admitted that France's gap "will not be exactly at 3 percent", reported Xinhua.

France's industrial output slightly down

France recorded a slight rise in manufacturing output by 0.1 percent on good performance of food processing business and construction activity that grew by 1.9 percent and 1.2 percent respectively, reported Xinhua.

France to maintain 3% deficit target

The French government will keep its pledge to trim the country's deficit target to 3 percent of the gross domestic product (GDP) in 2013 despite grim economic indicators that shrouded the Socialists' recovery plan, an official said.

French jobless rate reaches record high

The unemployment rate in France inched up by 0.8 percent in June compared with the previous month, reaching a record high since August 1999, official figures showed.

Sarkozy kicks off election year with warning on future

Facing a tough election fight in four months, French President Nicolas Sarkozy kicked off the New Year warning voters 2012 was "full of risks" and that France's future will hang in the balance.

SocGen sovereign debt manageable, to speed changes

French bank Societe Generale said its sovereign debt exposure was manageable and it was to speed up asset disposals and deepen cost cuts, in a bid to reassure investors.