Nicolas Sarkozy

French resistance grows to the spirit of '68

French resistance grows to the spirit of '68

The fuel supplies of France is in deep danger as the oil refineries remained shut by the protesters protesting against the decision of pension reforms by the French president Nicolas Sarkozy.

Sarkozy stands against strikers

Sarkozy stands against strikers

Recently, the riot police was ordered to remove the protestors from the refineries in the region of France as the filling stations have been running out of fuel and supplies to Paris were shut.

While close to several hundred forecourts were out of supplies, the Union of Independent Oil Importers also said that it had to close to supplies of fuel to Paris as well.

Crunch week looms for French pension’s change

Nicolas Sarkozy

It has been a difficult week for the French President Nicholas Sarkozy due to his rift with the workers who are demanding a rise in the retirement age. They have threatened to go on open-ended strikes until and unless their demands are taken care of.

Sarkozy ‘urged SocGen to give in to takeover’

Sarkozy ‘urged SocGen to give in to takeover’

According to a former director of SocGen, the government of France has exerted more pressure on the Société Générale (SocGen) to submit to a takeover by its rival bank BNP Paribas after the news of the trading scandal by the ex-trader Jerome Kerviel.

Senate considering pension bill amid union strike

Senate considering pension bill amid union strike

Worried about the seriousness that the labor union strikes have taken, the upper house of the French Parliament has is reconsidering pension reform bill.

The French Senate was literally forced into this position when the labor unions said that they will intensify their protests and will make President Nicolas Sarkozy bow down to their demands, no matter what the situation.

Sarkozy to propose security and economic between Europe and Russia

Sarkozy to propose security and economic between Europe and Russia

French President Nicolas Sarkozy is set to propose a new security and economic relationship between Europe and Russia during his meeting with the Russian President along with German Chancellor Angela Merkel in Deauville this month.

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