Francois Hollande

France Plans To Spend on Renewable Energy and Environmental Projects in Africa

France Plans To Spend on Renewable Energy and Environmental Projects in Africa

France on Tuesday pledged that it will be giving African countries more than €2 billion ($2.1 billion) for the development of renewable energy. The funds will be given over the period of next four years, said French President Francois Hollande.

It has been known that Africa produces very less greenhouse gases like carbon dioxide, that are produced from burning of fossil fuels. Scientists have linked the emission of greenhouse gases to rapid climate change.

According to scientists, Africa is vulnerable to a changing climate as most of its population is poor, rural and dependent on rain-fed agriculture.

Hollande says new peace plan chalked by France, Germany `last chance` to end Ukraine conflict

Francois Hollande

London, Feb 08 - French President Francois Hollande has reportedly termed a peace plan drawn up by France and Germany as "one of the last chances" to end the conflict in east Ukraine.

German Chancellor Angela Merkel said that it was unclear if the plan would succeed but added that it was "definitely worth trying," reported the BBC.

Hollande said that the plan included a demilitarised zone of 50-70km around the current front line.

The two leaders are due to discuss the plan with Russian President Vladimir Putin and Ukrainian leader Petro Poroshenko via telephone on Sunday.

Although few details are known about the peace plan yet it is believed to be an attempt to revive a failed truce signed in Minsk, Belarus, in September last year.

Hollande calls for 'global response' to defuse threat posed by ISIS

Hollande calls for 'global response' to defuse threat posed by ISISWashington, Sep 15 : Opening a summit in Paris that focuses on co-coordinating a response to the threat posed by the Islamic State of Iraq and Syria (ISIS), French President Francois Hollande underlined the need to devise a global response to defuse the global threat.

The French President termed the beheading of David Haines "cowardly" and called on the participating countries to act quickly without wasting any time, reported Sky News.

Hollande blames 'major powers' for rise of ISIS

Francois-HollandeLondon, Aug 22 : French President Francois Hollande has reportedly gone on record to say that if the "major powers" had reacted against the use of chemical weapons a year ago, the world would have been spared the horrible choice between a terrorist group and a dictator.

The statement is supposed to be aimed at the United Kingdom and the United States. He further said that if the global powers had acted two years ago to ensure a smooth transition of power, the Islamic State of Iraq and Syria
(ISIS) would not have existed today, reported The Daily express.

French president to meet Obama, Putin next week

Francois Hollande and Barack ObamaParis, May 29 - French President Francois Hollande will meet US President Barack Obama and Russian President Vladimir Putin next week on the eve of anniversary ceremonies of the Allied landing in Normandy.

Hollande will welcome Obama for a meeting at the Elysee Palace June 5 and also receive Russian President Vladimir Putin at his office on the same day, Xinhua reported.

Hollande and Obama have warned Russia against additional "costs" if it continued to "destabilise" Ukraine.

Western partners, African leaders vow to fight Boko Haram

Francois HollandeParis, May 18 - French President Francois Hollande, West African leaders and representatives of Western powers Saturday voiced determination to forge a strong front to fight militant group Boko Haram.

In a final communique of the one-day "Paris summit for security in Nigeria", leaders of Nigeria, Benin, Cameroon, Chad and Niger and Western partners pledged to "intensify regional and international mobilisation... by strengthening the international means for the liberation of the abducted schoolgirls and more generally to combat Boko Haram," Xinhua reported.

GE's $17 bn bid for Alstom not acceptable: French president

Francois-HollandeMumbai, May 6 : US giant General Electric's (GE) open offer for shares in two India units of French engineering major Alstom SA, ran into problems Tuesday with French President Francois Hollande saying GE's $16.9 billion bid for Alstom’s energy business was "not acceptable".

In a comment unusual for a head of state to make on a private business deal, Hollande told some French radio and TV channels that "the (GE) offer is not sufficient and not acceptable".

Francois Hollande 'liberated' after affair exposure

Francois-HollandeLondon, Jan 18 : Francois Hollande is believed to be liberated after the recent global exposure of his affair with actress Julie Gayet.

A friend of the President told Le Parisien that Hollande is managing this business as if it was a political problem, not a romantic problem, the Independent reported.

Other sources say that the crisis has revealed the true Hollande - not the "Flanby" (caramel custard) of his nickname but a tough, cold and driven man.

French firms will have to pay 75% tax on large salaries

French firms will have to pay 75% tax on large salariesFrench authorities have approved a new law that would require French firms to pay 75 per cent tax on annual salaries exceeding 1 million euros or about $1.47 million.

French President Francois Hollande to miss Sochi games

Francois-HollandeLondon, Dec 16 : French President Francois Hollande will not attend the 2014 Winter Olympics in Russia, Foreign Minister Laurent Fabius has said, without giving a reason for the decision.

Last week German President Joachim Gauck also said he was not going to the games in the Black Sea resort of Sochi.

Activists have urged leaders to boycott the event over human rights concerns, including a new Russian law banning 'homosexual propaganda', the BBC reports.

Russian President Vladimir Putin said gay athletes were welcome in the country and that the new law is needed to protect minors. (ANI)

Hollande vows to boost employment, economy

Hollande vows to boost employment, economyParis, March 29 : French President Francois Hollande has said that his priority is to tackle unemployment, the biggest headache for the Socialist government since he took office 10 months ago.

In a live television interview on France 2 Thursday, Hollande reiterated his commitments to the French people although his popularity plummeted in latest poll surveys and the country's economy continues to deteriorate.

Hollande hopes for closer France-China ties

Francois-HollandeParis, Feb 19 : France and China would launch a new round of cooperation and exchanges to further their historic relations, French President Francois Hollande has said.

Addressing a reception here marking the Chinese Lunar New Year, Hollande Monday said some cabinet members have visited China after the new French government was sworn in last May.

A number of French entrepreneurs are developing their business in China, an important country in the world, he said, adding that he would also pay a visit to China this year, reported Xinhua.

French President arrives in India to enhance strategic partnership

French President arrives in India to enhance strategic partnership New Delhi, Feb 14 : French President Francois Hollande arrived in New Delhi on Thursday on a two-day visit which is expected to include talks to finalise the purchase of Rafale fighter jets from Dassault Aviation.

India's Minister of State for Foreign Affairs Preneet Kaur and other officials received him.

During his visit, Hollande is expected to hold talks with Prime Minister Manmohan Singh and other leaders on ways of enhancing the strategic partnership between the two countries.

French envoy stresses on investment in India on eve of President Hollande''s visit

French envoy stresses on investment in India on eve of President Hollande''s visit New Delhi, Feb. 12: France's Ambassador to India, Mr. Francois Richier, today stressed on the importance of French investment in India, saying, according to their calculation, it amounted to more than 17 billion dollars at present.

French President urges Lakshmi Mittal to avert closure of furnaces

French President urges Lakshmi Mittal to avert closure of furnaces France's President Francois Hollande has urged Lakshmi Mittal- the owner of the world's largest steel-maker ArcelorMittal - to keep two idle blast furnaces in northeastern France running.

Indian steel magnate Mittal has so far defied proposals to sell the whole Florange steelworks to enable a state takeover. He has repeatedly warned that he would just close the idled blast furnaces in case no private buyer shows interest in acquiring them by the December 1 deadline.

Moody's downgrades France’s rating from triple-A to AA1

Moody's downgrades France’s rating from triple-A to AA1Socialist President Francois Hollande efforts to convince the world that he can rejuvenate France's stalled economy suffered a big blow after rating agency Moody's stripped the country of its coveted AAA rating.

Moody's credit rating agency downgraded France's rating by one notch from AAA to AA1, citing a doubtful fiscal outlook and worsening economic condition.

Merkel encourages Greece to continue along path of reforms

Angela-MerkelGerman Chancellor Angela Merkel has urged all eurozone countries, particularly Greece, to stick to program of reforms to fight back persistent recession.

As Merkel began discussions with French President Francois Hollande, she said, “It is important for me that we all stick to our commitments ... but I will encourage Greece to continue along its path of reforms.”

However, she added that she could not take further decisions on whether the recession-hit Greece could stay in the 17-country euro block before getting the much-awaited report by Greece's international creditors on Athens' progress on reforms.

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