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    France's Hollande Scolds Peugeot Over Cuts

    Sat, 07/14/2012 - 13:35 EDT - WSJ Europe
    • FREEASIA
    • FREEEUROPE
    • FREEINDIA
    • RDF10

    French President calls for car maker to renegotiate a plan to close one of the country's biggest factories and eliminate 8,000 jobs.

    • Original article
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      The incredibly inept policies of French president Francois Hollande are back in the news. Hollande is following up on his proposal to not let companies fire workers, starting right now with French car maker Peugeot's Plan to Cut 8,000 Jobs, Close Plant An article in El Pais has better details of Hollande's denial of reality than I have found elsewhere.

    • French workers who talk for 3 hours, work for 3 hours don’t cut it, U.S. tire maker tells France

      I have visited the factory several times,” Taylor wrote. “The French workforce gets paid high wages but works only three hours. They get one hour for breaks and lunch, talk for three and work for three Titan International Inc. Chairman Maurice Taylor has got French backs up with his comments that the country’s workers earn high wages and work short hours.

    • "Google Law" Yet Another Warped Policy by Hollande; Government Motors French Style

      French president François Hollande took two more swan dives into the pool of ludicrous actions in the past few days, first with car-maker Peugeot, quickly followed up with a guaranteed-to-fail proposal regarding search engine giant Google. Government Motors French Style Bloomberg reports France Guarantees Peugeot Debt in Exchange for Influence

    • Hollande Wins Round One But Euroskeptic Le Pen Steals the Show; Strange Bedfellows; Can Sarkozy Win Round Two?

      As expected Francois Hollande and incumbent Nicolas Sarkozy will square off on May 6 in round two of the French presidential elections. However, there was a huge surprise in spot number 3 as extreme right wing candidate Marine Le Pen pulled in 18% of the vote running on a dump-the-euro platform. First Round Totals Hollande: 28.6% Sarkozy: 27.1% Le Pen: 18% Please consider Le Pen voters to arbitrate Hollande-Sarkozy duel

    • Cutbacks at France's Peugeot and Renault meet growing resistance

    • France's Hollande: Peugeot must renegotiate layoff plan

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    • Wealthy French Eye Belgian Tax Breaks (Everyone Else in France Should Do the Same)

      The inheritance tax in France is 45%, in Belgium it's 3%. France has a wealth tax, Belgium doesn't. Wealthy French have known and used these loopholes for quite some time, but appeal of such schemes is on the rise following massive tax hikes of president Francois Holland.

    • Tax Hike Indigestion in France

      French president Francois Hollande wants to set the top tax rate in France at 75%, for those who make over €1,000,000 a year. As a result "Les Riches" Have Tax Indigestion and are looking to move outside France.

    • Analysis: Peugeot pushes France towards labor reform

      PARIS (Reuters) - Mass layoffs at Peugeot are piling pressure on France's new Socialist government, which can't afford to bail out the auto sector, to cut social welfare levies instead as a way of easing labor costs and making French industry more competitive. President Francois Hollande, elected in May on a pledge to reverse France's steady manufacturing decline, faces public expectations for him to reduce the 8,000 job cuts announced by the country's largest car maker last week, opinion polls show. ...

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