When France's new Socialist president, Francois Hollande, pledged to turn back the clock on France's long manufacturing decline. |||
When France's new Socialist president, Francois Hollande, pledged to turn back the clock on France's long manufacturing decline, the townsfolk of Sochaux could have taken it personally. With unemployment at 12 percent and household income just 15,000 euros ($18,900) a year, life is tough in the yellow blocks of social housing overlooking a slate-grey Peugeot car plant, where 35,000 jobs have disappeared since the 1980s.
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President Francois Hollande's Socialist government unveiled sharp tax hikes on business and the rich. ||| President Francois Hollande's Socialist government unveiled sharp tax hikes on business and the rich on Friday in a 2013 budge... Read Post
François Hollande beat President Nicolas Sarkozy in France's run-off election on Sunday, becoming only the second Socialist Party president elected in post-war France, after François Mitterrand (1981-1995). Sarkozy, for his part, is... Read Post
Courtesy of Bloomberg, below is a compilation of the key dates to know for the first French socialist president since Francois Mitterand. Francois Hollande was elected the seventh president of France’s Fifth Republic, which dates to... Read Post