The euro zone must take its first steps towards reforming its economic regulations and institutions by the start of 2019 at the latest, French Min Bruno Le Maire said.
Bruno Le Maire said France plans to expand a law protecting its "strategic" industries from foreign takeovers by adding technologies such as AI to the list.
French gross domestic product growth will probably exceed the government’s forecast of 1.7% for this year, Finance Minister Bruno Le Maire said.
Germany and France will try to inject new momentum into their stalled EU reform efforts this week when their finance ministers meet in Paris.
Lactalis is to widen a product recall to cover all baby milk manufactured at its Craon factory in northwest France, after a salmonella contamination, FM Le Maire said.
Emmanuel Macron’s finance minister said there would be no new taxes during the president’s five-year mandate, which runs until 2022.
French govt aims to broaden its powers to block foreign takeovers of French companies deemed as strategic, to also include firms involved in data protection and AI.
Finance Minister Bruno Le Maire said France welcomes long-term investments from China, but only after screening deals to ensure French assets are not “looted”.
The French govt is planning a privatization bill as part of its program of asset sales, PM said in an interview that the state could cede control of some companies.
Thales is riding to the rescue of French jobs at Gemalto. The defence firm has trumped Atos’ tilt at the world’s biggest maker of chips for mobile phone SIM cards.
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