France Boosts Taxes on Wealthy and Large Companies
President Francois Hollande’s 2013 budget for France relies on tax increases on the wealthy and on large companies to help cut the country’s deficit, rather than spending cuts.
French Cabinet OKs EU Fiscal Pact
The pact faces opposition from a public tired of austerity and members of President Francois Hollande’s coalition government who oppose its measures.
In France, Little Sympathy for Luxury CEO
Much of public opinion seems to be lining up behind President Francois Hollande's declaration that it's patriotic to pay taxes, despite previous voices of dissent.
Germany, France Discuss United Front Against Lenience for Greece
Despite Greece's attempt to win additional time to comply with bailout conditions, Chancellor Merkel of Germany and President Hollande of France were discussing ways to send a firm message that Athens must adhere to its original conditions.