Greece will hold new elections after politicians failed to agree a ruling coalition, sending the euro and shares lower, as new French president Francois Hollande meets Germany's Angela Merkel for key first talks.
The BBC reports France's Hollande to lower state pension age to 60
New French president Francois Hollande has unveiled details of a plan to lower the retirement age to 60 for some workers - a key election pledge.
His predecessor, Nicolas Sarkozy, had faced strong opposition when he raised the retirement age by two years to 62.
The move in 2010 sparked weeks of strikes across the country, mainly by public service workers.
A small dose of reality has set in for a group of European central bankers: Euro Officials Begin to Weigh Greek Exit as Euro Weakens.
Greece’s possible exit from the euro moved to the center of Europe’s financial-crisis debate, rattling markets as authorities in Athens struggled to form a government.
Berlin (AFP) - German Chancellor Angela Merkel and French President Francois Hollande jointly pledged Tuesday to do their utmost to ensure an "ambitious" UN deal to combat climate change is reached this year.
MINSK, Belarus — Leaders of Russia, Ukraine, France and Germany on Thursday emerged from marathon 16-hour talks to announce a comprehensive peace deal for eastern Ukraine, but questions remained whether Ukraine and the pro-Russian rebels have agreed on all of its terms.
Russian President Vladimir Putin told reporters that the agreement envisages a cease-fire as well as a special status for the rebel regions, provisions on border controls and humanitarian issues.
Brussels (AFP) - Greek Prime Minister Alexis Tsipras held last-ditch talks with European leaders in Brussels on Wednesday to seek a breakthrough that could stop Athens going bankrupt by the end of the month.
ATHENS: French President Francois Hollande made a last-ditch appeal on Monday to Greek Prime Minister Alexis Tsipras to return to the negotiating table with creditors, saying only a few hours remained for a deal. Athens shocked creditors by announcing on Saturday a July 5 referendum on the latest cash-for-reform proposal. It now has less than 48 hours to pay back 1.6 billion euros of IMF loans. Ministers from Hollande's Socialist government were early backers of Tsipras' leftist administration after it won January elections.
Moscow (AFP) - German Chancellor Angela Merkel on Sunday said there was still no genuine ceasefire in eastern Ukraine, as she paid a visit to Moscow to commemorate millions of Soviet soldiers and civilians who died in WWII.
European voters have delivered “an earthquake,” says France’s prime minister, with the dramatic rise of right-wing, Euroskeptic parties. Partial returns from the 28-nation European Parliament elections show an unprecedented surge by Euroskeptics and outright anti-EU politicians. The results have sent national political party leaders scrambling with France’s ruling Socialist party holding a crisis meeting and Britain’s Conservatives rethinking their strategy for next year’s general election.