Pierre Moscovici news and stories by mail.com

Pierre Moscovici

Germany, France at odds over EU banking supervisor
European Union countries are dragging themselves to a year-end summit with a heavy load of unfinished business aimed at shoring up confidence in the ...
Downgraded France says it needs more time
France's government has shrugged off the latest downgrade of its credit rating, saying Tuesday that it just needs time for reforms to the sluggish ...
Moody's downgrades France 1 notch on weak growth
Moody's Investors Service on Monday downgraded France, stripping it of its prized AAA credit rating due to concerns over its prospects for economic ...
Greece to get 2 more years but delay to bailout
Greece's international creditors failed to agree Monday on how to get the country's bailout program back on track and put off again the release of the ...
Creditors propose giving Greece 2 more years
Greece's international creditors are proposing granting the country two more years to meet its debt reduction targets as the country enters its sixth ...
Layoffs, perks, labor costs trap French govt
The 35-hour work week? Untouchable. The social safety net? Untrimmable. So how on earth can France's Socialist government keep its promise to make ...
Eurogroup chief: Lenders, Greece should agree soon
Greece and its international lenders need to agree quickly on a program of reforms so the next tranche of bailout loans can be released, the head of ...
Angry birds attack French tax on entrepreneurs
France's government is under attack by a flock of furious "pigeons." And the angry birds have won the first battle. A group of entrepreneurs calling ...
French budget heavy on taxes, could hurt Hollande
France's new budget may be the worst of both worlds. It lacks the serious spending cuts that economists say are needed to put the country on a path ...
Germany, France launch drive for EU finance tax
Germany's Finance Ministry says Berlin and Paris have jointly appealed to the European Union's executive to prepare the introduction of a tax on ...
France finance minister: Tools available for Spain
The European Union has the available mechanisms ready if Spain needs to request financial assistance to help deal with its borrowing concerns, ...
French tycoon's threat shakes Socialist tax plan
Bernard Arnault — the richest man in Europe — has ignited an uproar in France over taxes, citizenship, patriotism and what policies the government ...
French fin min announces gasoline price cut
France's finance minister says the price of gasoline and diesel fuel will be lowered by up to six euro cents per liter in a move aimed at fulfilling ...
France PM announces gasoline tax cut
France is to cut gasoline taxes to ease the pressure of rising prices on French households, the prime minister announced Wednesday, as the ...
French economy sees zero growth in Q2
France's economy was stagnant in the second quarter, the government said Tuesday, amid worries that Europe's No. 2 economy is hovering on the edge of ...
US, Germany stress cooperation to end euro crisis
U.S. Treasury Secretary Timothy Geithner and his German counterpart stressed the need for coordinated action Monday in the face of the eurozone debt ...
France's Socialists take aim with new budget
President Francois Hollande's new Socialist administration is starting to shake up French policy on whom to tax and how to spend —changes that would ...
European economic downturn gathers pace
Any hopes for recovery for Europe's faltering economies suffered a series of blows Wednesday following the latest round of bad news from the ...
France, Spain: Bank rescue needs to come fast
France and Spain called Wednesday for swift implementation of the rescue plan for Spanish banks to ease concern that the country may need a full-blown ...
Socialists take French Parliament, sweep power
Francois Hollande is the man in charge after his Socialist Party swept France's parliamentary election. Voters welcomed the French president's vision ...
Affairs of politics and heart mark French election
Back-room deals, black lists and bitter duels. Political and personal intrigue has wormed its way into Sunday's final round of French legislative ...
France caps pay at state companies at $560,000
France's finance minister has unveiled a plan to cap the pay of top executives at state-owned companies at €450,000 ($562,140). The pay cap was part ...