Tag: France

• Friday, December 2nd 2011 - 05:24 UTC

  France denies Uruguay is a “fiscal haven”; underlines strong bilateral links

  

  “Uruguay does not figure in the list of countries with which France has financial difficulties”, said a special envoy from President Nicholas Sarkozy who visited Montevideo this week, thus ending the controversy triggered at the end of the early November G8 Cannes summit when Uruguay was described as a “fiscal haven”.

• Tuesday, November 29th 2011 - 05:53 UTC

  Markets react positively to talks for speeding the EU decision making process

  

  Germany and France stepped up a drive on Monday for intrusive powers to reject national budgets in the Euro zone that breach EU rules, as a market rout of European debt eased temporarily on hopes of outside help for Italy and Spain.

• Wednesday, November 23rd 2011 - 20:33 UTC

  Berlin and Paris again clash over ECB; Euro confidence crisis on German shore

  

  Germany and France again on Wednesday over whether the European Central Bank should take bolder steps to stem the Euro zone debt crisis, with Chancellor Angela Merkel issuing one of her starkest warnings yet against fiddling with the central bank's strict inflation-fighting mandate.

• Tuesday, November 22nd 2011 - 00:33 UTC

  France in the Euro-debt firing line: Moody’s warns of negative outlook

  

  A rise in interest rates on French government debt and weaker growth prospects could be negative for the outlook on France's credit rating, Moody's warned in a report released Monday, adding to pressure on European debt markets.

• Thursday, November 17th 2011 - 19:56 UTC

  Germany and France clash over a greater role for the European Central bank

  

  German Chancellor Angela Merkel reiterated Thursday her opposition to a greater role for the European Central Bank in helping to solve the Euro zone debt crisis, saying political action was required.

• Thursday, November 10th 2011 - 06:14 UTC

  Uruguay claims Brazilian support in “fiscal haven” controversy with Sarkozy

  

  A top Uruguayan official said the country has the support of Brazil regarding the controversy triggered when President Nicholas Sarkozy as host and ‘rapporteur’ of the recent G20 summit named Uruguay in the list of the world’s most notorious fiscal havens.

• Tuesday, November 8th 2011 - 08:41 UTC

  Mujica says Argentina was not involved in the “tax haven” claim incident

  

  Uruguay’s President, José Mujica said on Monday that Argentina had nothing to do with the comment made by France’s leader Nicolas Sarkozy indicating that Uruguay was a “tax haven.”

• Thursday, October 27th 2011 - 15:57 UTC

  France praises Argentina justice system over the sentencing of Astiz

  

  French Foreign Affairs Minister, Alain Juppé praised on Thursday the life sentence declared by the Argentine justice system against former navy spy, Alfredo Astiz, for the crimes against humanity, tortures and kidnappings he committed during the last military dictatorship. Juppé said the decision “honours Argentina.”

• Wednesday, October 19th 2011 - 06:58 UTC

  The Guardian reports Germany and France agreed on 2 trillion Euros rescued fund

  

  The Guardian newspaper reported on Tuesday that France and Germany had agreed to boost a euro zone financial rescue fund to two trillion Euros pushing US stocks and the Euro higher despite doubts about whether there was such an agreement.

• Wednesday, October 19th 2011 - 06:51 UTC

  Subtle warning from Moody’s to Paris on the French banking system

  

  In a carefully worded statement, Moody's Investor Service hinted that the outlook for France's top-tier credit rating could be at risk. The nation still enjoys “very high government financial strength,” said the ratings agency in its annual credit report on France, released late Monday.