Tag: France

• Tuesday, May 18th 2010 - 18:01 UTC

  EU agrees on tougher regulation for hedge funds, in spite of UK objections

  

  European Union finance ministers have agreed to introduce tougher regulation of the hedge fund industry. Ministers overrode objections by the new UK government and the City of London, where 80% of European funds are based.

• Friday, May 7th 2010 - 03:33 UTC

  French Navy Locates Black Box from Air France that Plunged into the Atlantic

  

  The French navy has located the black box flight recorders from the Air France (EPA:AF) jet which plunged into the Atlantic killing 228 people last summer. However, officials said there was still no guarantee the recorders—that could explain the cause of the crash—would ever be brought to the surface.

• Wednesday, May 5th 2010 - 21:19 UTC

  France Demands “Fair and Prompt” Compensation for Bolivian Nationalizations

  

  France's government demanded “fair and prompt” compensation from Bolivia for the nationalization of a power plant half-owned by French utility GDF Suez (EPA:GSZ).

• Tuesday, May 4th 2010 - 05:29 UTC

  German Cabinet Approves Contribution to Greek Bail Out

  

  Germany's cabinet has approved its contribution to the Eurozone and IMF bailout of Greece. The German parliament is set to pass the legislation later this week to allow its loan—worth 22.4 billion Euros over three years—to be paid.

• Tuesday, April 27th 2010 - 02:47 UTC

  US Extradites Former Panamanian Leader Noriega and CIA Recruit to France

  

  The former Panamanian leader, Manuel Noriega, has been extradited to France by the United States after spending more than 20 years in a prison there.

• Monday, April 26th 2010 - 21:16 UTC

  Germany and France Strongly Condition Rescue Aid Package to Greece

  

  Greece will not get its multi-billion Euro aid package until it commits to bigger economic sacrifices, Germany’s finance minister warned over the weekend.