FRANCE: French government to slash public spending

French Finance Minister Christine Lagarde (photo) will today launch the government’s biggest offensive on overspending in decades. The overhaul will include the closure of tax loopholes and unprecedented spending cuts. Read More

Lights out at the French finance ministry

Germany and France are at sixes and sevens over the euro after Chancellor Merkel suddenly banned ‘naked’ short selling of government bonds without consulting Paris. As the markets fell again, Christine Lagarde, the Finance Minister, created new jitters by complaining… Read More

FRANCE: Lagarde denies ‘rumours’ that Sarkozy threatened euro pullout

French Finance Minister Christine Lagarde (photo) has denied “rumours” that President Nicolas Sarkozy had threatened to pull France out of the euro to force Germany to help Greece with its debt crisis. Read More