Tuesday

31st May 2016

Ticker

French CEO: Economy is in 'catastrophic' shape

French industrialist Pierre Gattaz has told Le Figaro that the economic situation in his country is "catastrophic" due to lack of investment and high unemployment. He urged the government to drop its 75% wealth tax and to stop its "zig-zag" policies in favour of new "turbo-measures" needed to restore growth.

News in Brief

  1. Hungary reinforces fence on Serbian border
  2. Juncker to seek renewed backing for TTIP talks
  3. EP president rules out return to German politics
  4. Austrian far-right wants to probe election fraud accusations
  5. Irish PM warns Brexit could bring back border controls
  6. Truckmakers risk record cartel fine
  7. London mayor teams up with British PM on Brexit
  8. Syrian refugees sue Denmark over immigration law

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