Jun 8, 2013

Hollande gives reconciliation lesson

by Reiji Yoshida

French President Francois Hollande said Friday in a speech to the Diet that he is concerned by the rising diplomatic tension in Asia and urged Japan to reconcile history issues with neighboring countries just as France and Germany did after World War II. Hollande ...

Hollande heads to Tokyo for 'Abenomics' lesson

Jun 5, 2013

Hollande heads to Tokyo for 'Abenomics' lesson

Just weeks after a visit to regional rival China, French President Francois Hollande arrives in Japan on Thursday, hoping to close deals on nuclear cooperation and in the aviation sector. He is keen, too, to learn more about “Abenomics,” Prime Minister Shinzo Abe’s big-spending, ...

EU summit ends banking secrecy

May 24, 2013

EU summit ends banking secrecy

European leaders on Wednesday targeted a yearend deadline to do away with banking secrecy, hoping to recoup €1 trillion in lost tax each year to help beat recession and unemployment. However, British Prime Minister and current Group of Eight chair David Cameron, backed by ...

May 1, 2013

France seeks to ax military jobs but keep clout

France plans to ax nearly 10 percent of all jobs in the armed forces but maintain significant spending as it tries to maintain its status as a top military power, a government review showed Monday. The white paper, which sets the general direction of ...

Top French officials disclose personal wealth

Apr 17, 2013

Top French officials disclose personal wealth

The wealthiest member of France’s Socialist government, French people learned Monday, is Foreign Minister Laurent Fabius, who inherited a $7.8 million fortune from his family’s trade in art and antiques. But Michele Delaunay, minister for the aged, also disclosed a comfortable stash: $7 million, ...

Hollande seeks to eradicate tax havens

Apr 12, 2013

Hollande seeks to eradicate tax havens

With the French government reeling over a minister’s tax-dodging scandal, President Francois Hollande proposed a law Wednesday that would force ministers, legislators and other senior officials to declare their assets publicly and submit to auditing by a “totally independent” authority before and after taking ...

Hollande ally charged over tax evasion

Apr 4, 2013

Hollande ally charged over tax evasion

Former French Budget Minister Jerome Cahuzac was charged Tuesday in a tax fraud probe after he admitted having a foreign bank account, dealing a fresh blow to President Francois Hollande’s embattled government. Critics were quick to pounce on the scandal, demanding to know if ...