Articles by: Anastasia Rab

Downgrade Sparks Criticism from Government and Rating Agency

On November 8, for the second time in less than two years, Standard & Poor’s downgraded France’s sovereign debt rating to “AA with a stable outlook,” according to the agency’s report. France’s rating was last downgraded in January of 2012 from AAA to AA+, when Nicolas Sarkozy was still leading the country. The rating agency’s announcement has received very mixed reactions that make it difficult to discern who is being attacked – France or S&P.[Read More…]

America’s “Patent Trolls” on the Move to Europe?

For today’s largest companies, especially those in the technology sector, patent wars are an increasingly prevalent and expensive reality. Many patent wars last many years and have an effect that has consequences across continents. Recently, patents have composed a major topic of discussion, as the European Parliament’s decision to propose a unified patent court system in 2011, signed as the Unified Patent Court Agreement in February of this year, will soon come to fruition in[Read More…]

Hollande’s Government Cautiously Moves Towards Pension Reform

In a televised presentation aired August 27, French Prime Minister Jean-Marc Ayrault announced the planned reform of the pension system. However as much as European officials and others in France have called for structural reform of the system, the consensus is that the socialist government’s reform is cautious. Because a system of social protections is deeply ingrained in French society, anytime it comes under question or revision debate, controversy, and protests are sure to follow.[Read More…]

by August 31, 2013 0 comments Domestic, Up To The Minute

Valls Divides Parti socialiste on Immigration Policy, Islam

Minster of the Interior Manuel Valls made headlines upon his return from summer break this week as he questioned France’s immigration policy at President François Hollande’s seminar “France in 2025.”  In addition to questioning France’s family reunification policy, his commentary on Islam also made waves, and was a source of conflict amongst members of his Parti socialiste (PS). The family reunification system allows immigrant legal residents to be rejoined by their immediate family, who also[Read More…]

French Government Gets Back to Work with France in 2025 in Mind

On Monday August 19 French President François Hollande welcomed back ministers to the Elysée to debate France’s role in the world with a long-term mindset in a seminar titled “France in 2025.”  Not much of the leadership managed to get away during the two weeks’ recess this month, as Hollande sent a message that his government is not simply relaxing with important work on unemployment, pension reform, and the 2014 budget looming. The president announced[Read More…]