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AUSTERITY MEASURES FRANCE
France set for disruption as new Prime Minister takes officeFrance's new Prime Minister Sebastien Lecornu takes office on Wednesday facing a day of protests that are expected to see transport, educat...10 Sep, 2025, 08.52 AM IST- Moody's downgrades France credit rating to Aa3Moody's downgraded France's credit rating to Aa3 due to political instability. The agency cited "political fragmentation" after parliament ...14 Dec, 2024, 09.17 AM IST
- French government no-confidence vote: Why France is facing political crisis and what's next for President MacronFrance Political Crisis: France's PM Michel Barnier lost a no-confidence vote. This forced his resignation. It is the first such incident s...05 Dec, 2024, 09.33 AM IST
- Here's why global markets are panicking over the Greece crisisFailure to reach an agreement with the recent round of discussions clearly indicates that the creditors are reluctant to accept any easing ...30 Jun, 2015, 03.39 PM IST
- Germany should drive economic recovery in Europe: IMF chief Christine LagardePart of her remarks may be interpreted by personalities on the left of French politics as going in the same direction as criticism of Frenc...25 Aug, 2014, 05.18 PM IST
- S&P removes negative outlook on UK due to tough austerity measuresUK government implemented severe austerity cutbacks, which has since slowed down the economy; but not reduced government debt.15 Dec, 2012, 05.20 AM IST
- Will Greek elections decide future of Greece and EU itself?Whether the Greeks elect left-wing Alexis Tsipras or a moderate committed to austerity will decide not just the future of Greece within the...15 Jun, 2012, 02.33 AM IST
- Gold to scale new peaks in coming years: Ritesh Jain, Canara Robeco Asset ManagementIt's a lump of metal with no cash flows and earnings power.The buyer even foregoes gradual accumulation of intrinsic value as it is industr...05 Jun, 2012, 10.27 AM IST
- India starts to heal self-inflicted policy wounds as European politics turns leftIn the balance between state and market, times of crisis generally bring statist parties to public favour.08 May, 2012, 03.26 AM IST
- French president Francois Hollande pledges to push for growthFrancois Hollande, who defeated French President Nicolas Sarkozy to become the first Socialist in 17 years to control Europe's second-bigge...08 May, 2012, 12.58 AM IST
- EU postpones decision on rescue package for GreeceEuropean Union has postponed a decision on a second multi-billion euro rescue package for the debt-ridden nation at least until mid-July.17 Jun, 2011, 12.43 PM IST
- UK economy slumps more than expected; slips 0.6% in Dec qtrAs per the revised estimates, construction output slumped 2.5 per cent in the December quarter, while that from services sector dropped 0.7...25 Feb, 2011, 06.55 PM IST
- Portugal adopts austerity, says no bailout neededPortugal adopted a raft of debt-reducing austerity measures on Friday, which the government claimed would be enough to restore market confi...26 Nov, 2010, 08.21 PM IST
- Thousands stranded by strikes in France, LondonPublic transit ground to a halt across France and on the London Tube on Tuesday, with tourists and commuters bearing the brunt of a wave of...08 Sep, 2010, 05.04 AM IST
- Growth, rate worries drive euro near 4-year lowThe euro sank to just above a 4-year low against the dollar on Friday as economic data suggested a stronger recovery in the US while the co...14 May, 2010, 10.29 PM IST
- No austerity measures for France: SarkozyFrench President Nicolas Sarkozy on Monday rejected the claim that his government was adopting austerity measures after it announced a thre...10 May, 2010, 10.31 PM IST
- Sarkozy: Tighten euro zone economic coordinationFellow euro-zone countries cannot abandon debt-ridden Greece because doing so would defeat the purpose of the common currency project, Fren...07 Mar, 2010, 11.08 AM IST
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