FRANCE

France Already in Recession, Says President Holland

French President, Francois Hollande, admitted the seriousness of the economic crisis, after the National Institute of Statistics reported France falling into recession and experiencing a decline in purchasing power.»

French Hollande Promises New Way for Europe

In his first speech as president of France, Francois Hollande has promised a new way forward for Europe and called for France to unite as the basis to regain the people’s confidence.»