France said it was ready to seek other buyers for its biggest shipyard should Italy refuse a 50-50 ownership split, before both countries pledged to find a solution next month. French Economy Minister Bruno Le Maire, told the Corriere della Sera daily that a deal with Fincantieri might not be thrashed out.
by Luke Blackstock -The change of employer for 25-year-old, Brazilian footballer Neymar da Silva Santos Jr and a diplomatic crisis halfway around the world apparently have no link. Neymar has become the world’s most expensive footballer after signing for Paris Saint-Germain, and priced away from one of its biggest clubs.
The election of Emmanuel Macron as president has helped propel France to the top of a league table of global “soft power”, while Britain’s score has decreased partly as a result of Brexit. But despite losing points for government stability, enterprise and favorability measured in worldwide polls, the UK hung on to second slot, thanks to the US tumbling from first to third following the election of Donald Trump.
France is actively seeking to exploit Brexit to disrupt and degrade Britain’s lucrative financial sector, a senior City representative has warned. Former foreign office minister Jeremy Browne, who acts as the City of London’s envoy on Brexit, said the French see the British as “adversaries” in the forthcoming withdrawal negotiations.
French President Emmanuel Macron said he “respected” Donald Trump's decision to pull out of the Paris climate accord but that France would remain committed. The US president visiting France then hinted that his administration could shift its opinion.
Europe can no longer completely depend on the US and UK following the election of President Trump and Brexit, German Chancellor Angela Merkel has said. Mrs. Merkel said she wanted friendly relations with both countries as well as Russia but Europe now had to fight for its own destiny.
French financial prosecutors have launched an investigation into a 6.7 billion euro (US$7.5 billion) 2008 contract between naval supplier DCNS and Brazil that included the sale of five submarines, it was reported on Sunday in Paris.
In his first major decision, newly inaugurated French President Emmanuel Macron has named conservative lawmaker Edouard Philippe as prime minister. Philippe has been the mayor of Le Havre, a port city in the Normandy region of northern France, since 2010 and became a member of parliament for the region two years later.
France's new president, Emmanuel Macron, has called for a historic reconstruction of Europe, saying it is the only reaction to fight populism. Speaking in Berlin on the first full day of his presidency, he was joined by German Chancellor Angela Merkel, who said the pair had a joint conviction that they needed to deepen the European Union.
Emmanuel Macron is beginning his first day as French president with two main tasks, picking a prime minster, a crucial appointment since he needs to make a good showing in next month's parliamentary elections to push through his planned economic reforms. The second is to travel to Germany to meet Chancellor Angela Merkel.