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France's government collapsed Wednesday after Prime Minister Michel Barnier was forced out in a no-confidence vote in Parliament, reigniting a summertime political crisis for the country as it ...
French President Emmanuel Macron’s office announced a new government Monday, after the previous Cabinet collapsed in a historic vote prompted by fighting over the country's budget. The ...
In March 2011, the European Parliament approved the treaty amendment after receiving assurances that the European Commission, rather than EU states, would play 'a central role' in running the ESM. [324] [325] The ESM is an intergovernmental organisation under public international law. It is located in Luxembourg. [326] [327]
In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket.
The Currency War of 2009–2011 was an episode of competitive devaluation which became prominent in the financial press in September 2010. It involved states competing with each other in order to achieve a relatively low valuation for their own currency, so as to assist their domestic industry.
PARIS (Reuters) -When veteran centrist Francois Bayrou, France's new prime minister, was education minister in the 1990s, his plan to increase subsidies for private schools led to nationwide protests.
New French Prime Minister Francois Bayrou will meet with the heads of parliamentary groups on Monday and Tuesday, starting with Marine Le Pen of the far-right Rassemblement National, he told La ...
Le Canal Nouvelles (LCN) is a Canadian French language discretionary service 24-hour headline news channel owned by Groupe TVA, a division of Québecor. Its broadcasting headquarters are located in Montreal, Quebec. The channel, operated and programmed by the TVA Nouvelles division, was launched on September 8, 1997.