Francois Hollande

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French Youths Riot, Drag Drivers From Cars

Clashes with police erupt overnight in Amiens

(Newser) - The riots that at times roiled France under Nicolas Sarkozy aren't ceasing under Francois Hollande. Some 100 youths clashed with police in the impoverished city of Amiens overnight, with rioters reportedly torching cars (in at least three cases dragging drivers out of them in order to do so, reports...

France's 75% Tax Could Push Rich Into Mass Exodus

Rich thinking of leaving if 75% tax rate is passed

(Newser) - France's new Socialist president wants to tax any income above €1 million ($1.24 million) per year at 75%—but if the plan is passed, France could see a mass exodus of its wealthiest residents. Rich residents are calling lawyers, asking if they should consider leaving the country...

Syrian Rebels Hold Off Regime, But Onslaught Continues

Rebels say international community bears responsibility if they're defeated

(Newser) - Government tanks, artillery, and helicopters continued to pound rebel-held Aleppo today, in what could be one of the biggest battles of the Syrian uprising yet, reports the AP . Rebels have so far managed to keep government forces at bay, but the cost has been high, with 29 killed in Aleppo...

France to Let Gays Marry, Adopt

New rights go into effect in 2013

(Newser) - Gay Paree, indeed. Gay couples in France will be handed two big new rights next year: to wed and adopt kids. "In the first half of 2013, the right to marriage and adoption will be open to all couples, without discrimination," PM Jean-Marc Ayrault told parliament today, fulfilling...

Merkel Softens Her Opposition to Stimulus

Germany, France, others agree to push for $163B growth package

(Newser) - The leaders of France, Germany, Italy, and Spain agreed to push for a growth package worth up to $163 billion at a European Union summit next week aimed at kickstarting the economy and safeguarding the currency bloc. French President Francois Hollande, German Chancellor Angela Merkel, Spanish Prime Minister Mariano Rajoy,...

Socialists Secure Majority in France

Strong showing leaves Francois Hollande free to implement policy

(Newser) - As predicted , the left coalition led by the Socialist Party has cruised to a majority win in the National Assembly's lower house, taking 314 of 577 seats, reports the Wall Street Journal . The win gives the Socialists, who already control the upper-house Senate, total control of the National Assembly—...

Central Banks Steel for Greek Vote

G20 ready for 'coordinated action'

(Newser) - Central banks across the world are preparing to take decisive action if needed after Greece's election on Sunday, which could rattle financial markets. "The central banks are preparing for coordinated action to provide liquidity," a G20 aide tells Reuters . Britain says it will inject its economy with...

French Left Leads in Parliamentary Election

President Francois Hollande's party takes the lead

(Newser) - Leftist candidates led the first round of France's parliamentary elections today, according to polling agencies and partial official results, in a vote that is crucial to President Francois Hollande's Socialist agenda. Hollande needs leftists to take control of the lower house of parliament—currently dominated by conservatives—to...

French Prez Cuts Retirement Age
 French Prez Cuts 
 Retirement Age 
UPDATED

French Prez Cuts Retirement Age

Hollande rolls minimum retirement back to 60

(Newser) - As US voters and legislators are snipping workers' benefits , a nation on the other side of the pond is taking a different approach. France's new socialist president, François Hollande, is lowering the minimum retirement age by two years, reports the Telegraph . Those who begin work at the age...

Hollande Slashes French CEOs' Pay

New prez Hollande will cap salaries at state-owned firms

(Newser) - With France's new socialist president François Hollande moving in, it looks like sky-high CEO salaries are moving out, reports the Wall Street Journal . Hollande has promised to cap executive pay at the 52 companies owned or partially owned by the state, limiting them to a maximum of 20...

Europe Braces for Greek Exit
 Europe Braces for Greek Exit 

Europe Braces for Greek Exit

Hollande backs eurobonds at inconclusive summit

(Newser) - New kid on the European block François Hollande made an audacious debut at his first EU summit, but the crisis meeting ended without a clear solution to the eurozone's woes. The French president, backed by most EU leaders, supports issuing "eurobonds" to shore up troubled EU economies,...

Hollande, Merkel Set for Eurobond Showdown

New EU dynamic expected to cause friction at crisis summit

(Newser) - Yet another European Union crisis meeting will be held today, but the dynamic has changed since the days when Angela Merkel and Nicolas Sarkozy met ahead of time to fix a strategy. Unlike his predecessor, François Hollande has sided with European leaders calling for growth instead of austerity and...

Day 1 as French President: Lightning Hits His Plane

What a way for Francois Hollande to start his term

(Newser) - Francois Hollande started off his new job as president of France with a bang: His plane was hit by lightning today en route to Germany. It was forced to return to Paris, at which point Hollande boarded a second plane and will be about an hour and a half late...

France Swears In Hollande
 France Swears In Hollande 

France Swears In Hollande

Nicolas Sarkozy has left the building

(Newser) - France today installed Socialist Francois Hollande as its new president for the next five years, replacing conservative Nicolas Sarkozy with a mandate to ease up on the austerity measures with which Europe has fought its economic crisis. Hollande, the first Socialist to have access to France's nuke codes in...

Meet France&#39;s New First Lady
 Meet France's New First Lady 

Meet France's New First Lady

Valerie Trierweiler is the journalist 'companion' of Francois Hollande

(Newser) - France may losing Carla Bruni as first lady, but it sounds like her successor won't miss a step. Some odds and ends about 47-year-old Valerie Trierweiler, the unmarried "companion"—the term she prefers—of President-elect Francois Hollande , from Time , AP , and BBC :
  • She is a well-known journalist
...

As Sarkozy Exits, US Loses a Friend

...But François Hollande might be even more simpatico with Obama administration

(Newser) - France's election was something of a can't-lose proposition for the Obama administration. On the one hand, the US isn't pleased to see the backside of Nicolas Sarkozy, an ally so steadfast that in France he was sometimes called "Sarko the American." Sarkozy, after all, was...

Europe Finally Gets It: Austerity Isn't the Answer

Paul Krugman: Voters clearly 'wiser' than their leaders

(Newser) - Paul Krugman is applauding France and Greece for the results of their elections : "Time is clearly running out for the strategy of recovery through austerity—and that’s a good thing," writes the longtime critic of austerity measures in the New York Times . Austerity measures depend on a...

What Hollande&#39;s Victory Means for France
 What Hollande's 
 Victory Means 
 for France 
ANALYSIS ROUNDUP

What Hollande's Victory Means for France

President-elect has a packed first 40 days

(Newser) - Following last night’s victory over Nicolas Sarkozy , Francois Hollande will have to jump right in to his new role—he will be sworn in as France’s president next Tuesday, the BBC notes. What does his election mean?
  • Hollande has vowed to renegotiate the eurozone budget treaty Sarkozy championed
...

Hollande Wins French Election, Topples Sarkozy

Says Hollande: 'Austerity can no longer be inevitable!'

(Newser) - Socialist Francois Hollande defeated conservative incumbent Nicolas Sarkozy today to become France's next president, heralding a change in how Europe tackles its debt crisis and how France flexes its military and diplomatic muscle around the world. Crowds filled the Place de la Bastille, the iconic plaza of the French...

Hollande Wins French Runoff Vote, Ousts Sarkozy

Socialist looks to have won with 52%-53% of vote

(Newser) - Socialist Francois Hollande looks like the likely winner of France's tightly-contested runoff election today, according to early exit polls, defeating conservative incumbent Nicolas Sarkozy. Hollande edged out Sarkozy in the first round of voting, and early returns show him up with between 52% and 53% of the vote. Sarkozy,...

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