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Wednesday, 20 June 2007 |
Answering a question after his first meeting with Commission
President Barroso at the press conference Nicolas Sarkozy
answered a question about moving the European Parliament to
permanently to Brussels, saying, “I cannot see why the only
thing that is negotiable is Strasbourg, it’s extraordinary.
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Wednesday, 20 June 2007 |
Carrefour was hauled before the law by French consumer
organisations, furious that a half-price champagne promotion
lasted less than a day. The offer in December 2003 was in 18
million catalogues distributed by the company but proved to be
so popular stocks expired before the end of the first day.
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Wednesday, 20 June 2007 |
STMicroelectronics, the French/Italian company headquartered
in Switzerland, and USA’s Intel said they would merge their two
businesses making flash memory chips to form a new company.
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Wednesday, 20 June 2007 |
Suez and Gaz de France appear grateful to EADS and Airbus for
occupying the first days of President Sarkozy and taking the
spotlight off them. Their merger was proposed by the outgoing
government as a way of protecting Suez from an Italian
takeover, but ran into a political storm because the deal would
have denationalised Gaz de France.
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Wednesday, 20 June 2007 |
French banks were accused of an insurance fiddle which could
total €11.5 billion. The influential consumers’ pressure group
UFC-Que Choisir, acting on a story in the satirical newspaper
‘Le Canard Enchaîné’, found that banks were not returning to
customers money owed to them from insurance companies. The
cash was from the compulsory life insurance needed to get a
mortgage in France.
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