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France cuts huge trade deficit in 2013: Minister

Last Updated: Friday, February 07, 2014, 15:28

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

Last Updated: Friday, December 20, 2013, 07:06

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

Last Updated: Tuesday, August 06, 2013, 11:16

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

Number of jobseekers in France rises

Last Updated: Friday, May 31, 2013, 12:44

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

Hollande vows to boost employment, economy

Last Updated: Friday, March 29, 2013, 14:18

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

Last Updated: Thursday, February 14, 2013, 17:01

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

Last Updated: Thursday, February 14, 2013, 13:06

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

Last Updated: Monday, February 11, 2013, 18:51

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

Last Updated: Wednesday, September 26, 2012, 15:55

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

Last Updated: Thursday, July 26, 2012, 13:58

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

Last Updated: Sunday, January 01, 2012, 22:08

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

Last Updated: Monday, September 12, 2011, 15:04

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.