Showing posts with label Francois Hollande. Show all posts

Jan 19, 2016

France declares economic emergency

1/19/2016
France declares economic emergency

French President Francois Hollande has declared what he called “a state of economic emergency” and says it’s time to redefine France’s economic and social model.
Under the ambit emergency, government has proposed series of economic measures to boost long-stagnant economic growth and reduce chronic unemployment.


Proposed economic measures are

  • Training half a million jobless workers, greater use of apprenticeships and aiding companies for hiring young workers.
  • Updating country’s labour-friendly business model in an increasingly online and border-free economy.
  • Loosening rigid working time rules including 35-hour workweek and a bonus of 2,000 euros to small businesses that hire young people.
  • Integrate youth from France’s troubled suburbs especially minorities who face job discrimination into the global economy.
  • These measures will be included in draft economic reform laws which French government is going to present in parliament.

Nov 23, 2015

Francois Hollande to be Chief Guest at 2016 Republic Day celebrations

11/23/2015
French President Francois Hollande will be the Chief Guest at the 67th Republic Day parade of January 26, 2016.
The announcement might have been finalised during the talks between French Foreign Minister Laurent Fabius and his counterpart Sushma Swaraj and Prime Minister Narendra Modi in Delhi.
The visit of Mr. Hollande to New Delhi for the mega event will be symbolic. It would also send a strong message of a worldwide solidarity among the democratic countries against terrorism of the Islamic State (IS) which had staged barbaric attacks on November 13, 2015 in Paris.
Mr. Francois Hollande would be the 5th highest dignitary from France to be Chief Guest of Indian Republic Day parade after Prime Minister Jacques Chirac (1976), President Valéry Giscard d’Estaing (1980), President Jacques Chirac (1998) and President Nicolas Sarkozy (2008).
With this invitation, France now holds distinction of being the guest of honour for the maximum five times of Indian Republic Day parade followed by Bhutan (four times); Mauritius and USSR/Russia (three times each).
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