France has long prided itself on its generous labor laws, that give workers more security and more perks than in most European countries. But hit by the eurozone crisis and an ageing population, France now needs reform
Two days after his government narrowly survived a confidence vote, French President Hollande went on the offensive to defend his presidency. The battle is far from over.
French Prime Minister Manuel Valls has won a confidence vote on his reshuffled government. Ahead of the vote, the premier delivered an impassioned defense of his economic policy.
French Prime Minister Manuel Valls has announced a new government after the cabinet resigned following infighting over the country's economy. Analysts said the move was also a signal to France's European partners.
France has admitted it won't be able to fulfill a promise to its EU partners to rein in its budget deficit by 2015. But as Paris now seeks greater fiscal leniency from Brussels, Germany warns against easing austerity.
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