When the 75% income tax for individuals earning above one million euros was first proposed, it was meant to last for two years. On January 6, Budget Minister Jérôme Cahuzac was interviewed by journalists of the weekly political television show Le Grand Rendez-Vous about the possibility of a future income tax to replace this 75% tax that was recently ruled unconstitutional. The controversy of the matter lies in the fact that this future income tax[Read More…]
Post Tagged with: "Financial Crisis"
PARIS– At 8:00 pm on Monday, December 31, François Hollande wished the French a Happy New Year. Every year, this event is broadcasted by the main channels. Every year, journalists wonder how the President will do it, believing that the speech’s context sends a special message to the country. In his first such speech, Hollande chose to be standing, speaking before a window in the Elysée, with the French and European flags visible behind him. Former[Read More…]
VIDEO: The French Far-Left Unites Against Austerity in Paris. Exclusive Interview with Jean-Luc Mélenchon
Our reporters Nadeem Hakemi and Peter Ansell went to a Front de Gauche rally on Saturday, November 16. Please find the report down below: For an extended version of the Mélenchon report, see the link below. http://www.youtube.com/watch?v=4RwV8o3dO_A&feature=youtu.be
Whether or not Greece will be able to remain in the Euro Zone has been discussed for some time, but for American companies that have business in the unstable country, things are looking very precarious. In an August 23 meeting between Angela Merkel, François Hollande, and Antonis Samaras, the Greek Prime Minister, Merkel made it very clear that she did not want Greece to be forced to leave the Euro Zone. “Since the beginning of the[Read More…]