Business

New Sanctions Won’t Block France-Russia Warship Deal

The French government has said that it will push ahead with its warship contract with Russia, despite pressure from the United States and European Union to scrap the deal. The government’s announcement to go ahead with the 1.2 billion euro deal came just before the EU began outlining the new round of sanctions against Russia last week. The French naval defense company DCNS signed a deal with Russian defense exporting company Rosoboronexport in June 2011[Read More…]

EU Investigation Puts Corporate Tax Evasion Under Scrutiny

Apple, Starbucks and Fiat have come under close scrutiny in an investigation by the European Commission over a possible loophole they believe the companies have been exploiting to slash their corporate taxes. The European Commission has launched tax investigations in various EU countries in the past, but this is the first time that specific multinational companies have been targeted. The investigation was launched by the EU Commission’s Vice President and competition regulator Joaquin Almunia, after[Read More…]

French Government Urges Hospitality

When it comes to tourism, France enjoys a reputation for elegance in its arts and architecture, finesse in its cuisine, and romance in its streets. This reputation attracts millions of travelers to the City of Love and to the French countryside. Unfortunately, France does not enjoy a reputation for hospitality. Neighboring countries often comically mock the ‘rudeness’ of the French. The common expectation seems to be: when travelling in France, don’t expect people to be[Read More…]

Uber’s Fight Against the Taxi Unions: The Changing Transportation Model in Paris

There is a new transportation model taking France by storm. The French call it the VTC (voitures de tourisme avec chauffeur), which refers to an American model of car service that lets people reserve and pay for a car using a smartphone app. Foremost within this industry is the San Francisco based start-up Uber, which has been particularly successful—as well as controversial—in Paris itself. The VTC industry, which has seen a huge boost of participation[Read More…]

Out of Camembert Boxes? Poplar Shortage Threatens French Food Industry

The French culinary world was shaken by disrupting news in early May—the nation is currently facing a shortage of poplars, the fast-growing trees used to make Camembert cheese boxes, oyster baskets, and vegetable crates. And according to the Vice President of the National Council of Poplars, Hervé Drouin, the situation has grown urgent. The volume of poplar tree plantations has decreased significantly over the past several years. In the 1990s, France planted nearly 2 million[Read More…]