http://www.mail.com/people/1324140-pierre-moscovici.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.28/img/mailcom_logo_rss.png http://www.mail.com/people/1324140-pierre-moscovici.html http://www.mail.com/business/economy/2086774-eurozone-recession-longest-currency-bloc.html PARIS (AP) — The eurozone is now in its longest ever recession — a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis of 2008-2009. The European Union statistics office said Wednesday that nine of the 17 EU countries that use the euro are in recession, with France a notable addition to the list. Overall, the eu... Wed, 15 May 2013 19:37:01 GMT http://www.mail.com/business/economy/2086774-eurozone-recession-longest-currency-bloc.html 2013-05-15T19:37:01Z http://www.mail.com/business/economy/2078772-g7-japan-playing-currency-rules.html AYLESBURY, England (AP) — Finance leaders from the Group of Seven leading industrial economies say Japan's stimulus policies are directed at boosting its economy out of a two-decade period of stagnation, not an attempt to drive down its currency to make Japan's exports more competitive. At the conclusion of a two-day meeting of leading financial represent... Sat, 11 May 2013 19:45:07 GMT http://www.mail.com/business/economy/2078772-g7-japan-playing-currency-rules.html 2013-05-11T19:45:07Z http://www.mail.com/business/economy/2068000-french-finance-chief-hails-easing-austerity.html BERLIN (AP) — French Finance Minister Pierre Moscovici on Tuesday hailed the European Union's decision to grant his country more time to tackle its deficit as a turning point in the region's approach to austerity, which is choking off growth through spending cuts and tax hikes. Cutting budget deficits remains important but the 27-nation bloc must now move... Tue, 07 May 2013 13:46:17 GMT http://www.mail.com/business/economy/2068000-french-finance-chief-hails-easing-austerity.html 2013-05-07T13:46:17Z http://www.mail.com/business/economy/2028896-imf-chief-global-pro-growth-policies-needed.html WASHINGTON (AP) — The head of the International Monetary Fund says the United States, Europe, Japan and China all need to make adjustments to their current economic policies in order to boost a still-struggling global economy. IMF Managing Director Christine Lagarde says the United States and many countries in Europe need to focus more on growth and less ... Thu, 18 Apr 2013 23:57:15 GMT http://www.mail.com/business/economy/2028896-imf-chief-global-pro-growth-policies-needed.html 2013-04-18T23:57:15Z http://www.mail.com/business/economy/2023406-french-ministers-low-grades-money-experts.html PARIS (AP) — France's government leaders have bared their financial assets and the ruling is in: they're not very good at money. After a scandal in which his now-former budget minister lied about secretly squirreling money abroad, President Francois Hollande forced the 38 ministers in his Socialist-led Cabinet to publish their financial records this week.... Tue, 16 Apr 2013 18:25:29 GMT http://www.mail.com/business/economy/2023406-french-ministers-low-grades-money-experts.html 2013-04-16T18:25:29Z http://www.mail.com/business/finance/2020330-france-forces-ministers-to-financial-records.html PARIS (AP) — Tax Day generally passes unnoticed in France but this year a major tax scandal involving a top member of government has made April 15 a day of reckoning for French political leaders as well. In a bid to "moralize" politics after the embarrassing revelation that France's top tax collector was himself dodging the tax man, President Francois Hol... Mon, 15 Apr 2013 18:16:42 GMT http://www.mail.com/business/finance/2020330-france-forces-ministers-to-financial-records.html 2013-04-15T18:16:42Z http://www.mail.com/business/economy/2015916-scandal-disgraced-french-taxman-widens.html PARIS (AP) — He feels hounded and, like a marked man, says he changes locations every few days. Less than a month ago, Jerome Cahuzac, France's disgraced former budget minister, was the hunter, with an eye out for any citizen who cheated tax authorities by hiding cash abroad. He was devoted to President Francois Hollande's effort to fill the government's ... Fri, 12 Apr 2013 15:28:36 GMT http://www.mail.com/business/economy/2015916-scandal-disgraced-french-taxman-widens.html 2013-04-12T15:28:36Z http://www.mail.com/business/economy/2007600-us-german-finance-chiefs-downplay-differences.html BERLIN (AP) — Germany's finance minister insisted Tuesday that reducing deficits should not hurt economic growth, sticking by his strategy to tackle Europe's crisis despite the new U.S. Treasury secretary's call to boost demand more. Germany, which has Europe's biggest economy, has been a major force in making austerity-led deficit reduction the focus of ... Tue, 09 Apr 2013 16:20:53 GMT http://www.mail.com/business/economy/2007600-us-german-finance-chiefs-downplay-differences.html 2013-04-09T16:20:53Z http://www.mail.com/business/economy/2004796-us-treasury-chief-urges-eu-to-ease-austerity.html BRUSSELS (AP) — European countries should ease off their austerity and adopt more growth-friendly policies, U.S. Treasury Secretary Jacob Lew said Monday as he kicked off a series of meetings with the region's top leaders. America's biggest trading partner and the world's largest economic bloc has entered the fourth year of a debt crisis, which has plunge... Mon, 08 Apr 2013 18:15:41 GMT http://www.mail.com/business/economy/2004796-us-treasury-chief-urges-eu-to-ease-austerity.html 2013-04-08T18:15:41Z http://www.mail.com/business/economy/2000252-france-will-barely-grow-2013-minister-warns.html PARIS (AP) — France's finance minister is warning that the country will barely grow this year. Finance Minister Pierre Moscovici told an economic conference on Thursday that growth in Europe's second-largest economy likely won't be above 0.1 percent this year. That's in line with the European Commission's forecast but well below the government's original ... Fri, 05 Apr 2013 12:12:47 GMT http://www.mail.com/business/economy/2000252-france-will-barely-grow-2013-minister-warns.html 2013-04-05T12:12:47Z http://www.mail.com/news/world/1995332-hollande-pledges-clean-sweep-amid-corruption-probe.html PARIS (AP) — For a French president who came to power on a promise of "irreproachability," naming a lying tax-dodger to be his chief tax collector was probably not the best move. Now Francois Hollande is a president on the ropes, reeling from a potentially knockout blow delivered by his ex-budget minister, a man who admitted this week that he had hidden h... Wed, 03 Apr 2013 19:16:41 GMT http://www.mail.com/news/world/1995332-hollande-pledges-clean-sweep-amid-corruption-probe.html 2013-04-03T19:16:41Z http://www.mail.com/business/finance/1956512-europe-eases-austerity-whip-.html FRANKFURT, Germany (AP) — Three and a half years into its government-debt crisis, there are signs that Europe is adopting a gentler approach toward austerity. Political leaders aren't backing away aggressively from budget cuts and higher taxes, but they are increasingly trying to temper these policies, which have stifled growth and made it harder for many... Fri, 15 Mar 2013 13:13:54 GMT http://www.mail.com/business/finance/1956512-europe-eases-austerity-whip-.html 2013-03-15T13:13:54Z http://www.mail.com/business/finance/1951176-eu-lawmakers-reject-13tn-budget-proposal.html BRUSSELS (AP) — The European Parliament overwhelmingly rejected a proposal for the European Union's €960 billion ($1.3 trillion) budget Wednesday, in the latest example of the lawmakers' newfound resolve to stand up to the bloc's national leaders. "This is an important step for the European democracy," said European Parliament President Martin Schulz. The... Wed, 13 Mar 2013 16:00:00 GMT http://www.mail.com/business/finance/1951176-eu-lawmakers-reject-13tn-budget-proposal.html 2013-03-13T16:00:00Z http://www.mail.com/business/economy/1937562-france-calls-europe-to-ease-austerity.html BRUSSELS (AP) — France has called on fellow European nations to ease off on painful austerity policies to give the economy some breathing space and avoid social upheaval. Continuing a strict course of spending cuts and tax increases would only "nourish a social crisis that leads to populism," French Finance Minister Pierre Moscovici warned Thursday. "Ther... Thu, 07 Mar 2013 17:26:42 GMT http://www.mail.com/business/economy/1937562-france-calls-europe-to-ease-austerity.html 2013-03-07T17:26:42Z http://www.mail.com/business/economy/1928624-french-official-austerity-this-year.html PARIS (AP) — France's finance minister says his government won't enact any more austerity measures this year, even though it has acknowledged it won't meet its deficit goal because of slow growth. The French government had promised to reduce its deficit to 3 percent of gross domestic product this year to bring it into line with European Union rules and he... Sun, 03 Mar 2013 18:58:44 GMT http://www.mail.com/business/economy/1928624-french-official-austerity-this-year.html 2013-03-03T18:58:44Z http://www.mail.com/business/economy/1888420-peugeot-citroen-posts-67-billion-loss-2012.html PARIS (AP) — PSA Peugeot Citroen posted a record €5 billion ($6.7 billion) loss last year after Europe's cratering car market forced France's largest automaker to book a €3 billion financial charge. As well as falling demand, which led to a 12.4 percent slump in new vehicle sales to €27.8 billion, the Paris-based company had to contend with the rising cos... Wed, 13 Feb 2013 15:52:17 GMT http://www.mail.com/business/economy/1888420-peugeot-citroen-posts-67-billion-loss-2012.html 2013-02-13T15:52:17Z http://www.mail.com/business/economy/1834766-dutchman-elected-chief-eurogroup.html BRUSSELS (AP) — The Dutch finance minister, Jeroen Dijsselbloem, was elected Monday as the new president of the group of euro area finance ministers. Dijsselbloem, 46, who has only been the Netherlands' finance minister since November, will now face one of the world's most daunting financial tasks — helping to lead the group of 17 European Union countries... Mon, 21 Jan 2013 21:55:00 GMT http://www.mail.com/business/economy/1834766-dutchman-elected-chief-eurogroup.html 2013-01-21T21:55:00Z http://www.mail.com/business/economy/1829486-dutchman-backing-to-eurogroup-chief.html BRUSSELS (AP) — The outgoing chairman of the Eurogroup, the regular meetings of the 17 eurozone finance ministers, endorsed Dutch finance minister Jeroen Dijsselbloem on Friday as a "good" candidate to take over his job on Monday. On top of the backing from Luxembourg Prime Minister Jean-Claude Juncker, Germany too had warm words for Dijsselbloem (DIE-sel... Fri, 18 Jan 2013 14:42:00 GMT http://www.mail.com/business/economy/1829486-dutchman-backing-to-eurogroup-chief.html 2013-01-18T14:42:00Z http://www.mail.com/business/finance/1810450-offshore-account-dispute-snarls-top-french-taxman.html PARIS (AP) — The man at the forefront of France's fight against fiscal fraud is now one of those being investigated. Budget Minister Jerome Cahuzac has spent months singling out corporate multinational tax dodgers, citizens who live abroad to avoid taxes and those within France who stash money in overseas accounts. Now he is ensnared in just the sort of i... Thu, 10 Jan 2013 13:08:00 GMT http://www.mail.com/business/finance/1810450-offshore-account-dispute-snarls-top-french-taxman.html 2013-01-10T13:08:00Z http://www.mail.com/business/economy/1776040-france-wants-to-split-banks-trading-lending-ops.html PARIS (AP) — France's government proposed a bill Wednesday that would split banks' risky trading activities from their more traditional lending operations as part of a Europe-wide effort to shore up a fragile industry that contributed to the continent's financial crisis. The legislation would force banks to house any trading done with their own money and ... Wed, 19 Dec 2012 13:50:00 GMT http://www.mail.com/business/economy/1776040-france-wants-to-split-banks-trading-lending-ops.html 2012-12-19T13:50:00Z http://www.mail.com/business/finance/1741546-germany-france-odds-eu-banking-supervisor.html BRUSSELS (AP) — 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 region in the wake of the three-year financial crisis. The 27 finance ministers remained split Tuesday on the establishment of a new European single supervisor to keep wayward banks in check, ... Tue, 04 Dec 2012 16:28:00 GMT http://www.mail.com/business/finance/1741546-germany-france-odds-eu-banking-supervisor.html 2012-12-04T16:28:00Z http://www.mail.com/news/world/1713024-downgraded-france-time.html PARIS (AP) — 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 economy to take root. Socialist President Francois Hollande noted that markets barely budged on the credit rate cut by Moody's Investors Services, and said that was a sign the government should sta... Tue, 20 Nov 2012 17:00:00 GMT http://www.mail.com/news/world/1713024-downgraded-france-time.html 2012-11-20T17:00:00Z http://www.mail.com/business/finance/1712284-moodys-downgrades-france-1-notch-weak-growth.html NEW YORK (AP) — Moody's Investors Service on Monday downgraded France, stripping it of its prized AAA credit rating due to concerns over its prospects for economic growth and its exposure to Europe's financial crisis. Moody's lowered France's rating one notch to Aa1. It kept the rating's outlook at negative, meaning it could face future downgrades. The ra... Mon, 19 Nov 2012 23:26:00 GMT http://www.mail.com/business/finance/1712284-moodys-downgrades-france-1-notch-weak-growth.html 2012-11-19T23:26:00Z