France pledges €8.0bn to Juncker growth plan
French president Francois Hollande
Luxembourg - AFP
France will commit 8.0 billion euros ($8.7 billion) as part of European Commission President Jean-Claude Juncker's plan to boost economic growth, President Francois Hollande said on Friday.
"To create an effect of leverage, the Juncker plan must attract other contributions -- public contributions and private contributions -- and I have announced that France, through the Caisse des depots and the Public Investment Bank, will put in eight billion euros," Hollande said on a visit to Luxembourg.
EU leaders last December approved the broad outline of Juncker's 315 billion euro investment plan, intended to kick-start growth in Europe by financing hundreds of projects.
Germany has committed 15 billion euros to the plan and Spain 1.5 billion, but other EU member states have been slower to react.
GMT 09:54 2018 Tuesday ,23 January
Davos-bound bosses very upbeat on world economyGMT 09:37 2018 Tuesday ,23 January
Former KPMG executives charged in accounting oversight scamGMT 22:49 2018 Sunday ,21 January
Brexit special trade agreement possibleGMT 22:46 2018 Saturday ,20 January
China economy rebounds in 2017 with 6.9% growthGMT 22:37 2018 Saturday ,20 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 19:58 2018 Saturday ,20 January
Watchmakers hope to make Chinese market tickGMT 19:54 2018 Saturday ,20 January
US shutdown unlikely to harm debt rating: FitchGMT 19:50 2018 Saturday ,20 January
EU's Moscovici slams Ireland, Netherlands as tax 'black holes'
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 19:39 2017 Wednesday ,20 September
Dubai Culture hosts Islamic design workshops
GMT 11:42 2016 Monday ,01 August
China group in $4.4 bn swoop for US Caesar's casino game unit
GMT 21:24 2016 Monday ,02 May
Dubai hosts worlds’ largest materials library 'D-Town'GMT 07:37 2012 Tuesday ,21 February
NASA map reveals the heights of the world\'s forests
GMT 22:12 2017 Saturday ,20 May
Jordan, Slovakia Review Bilateral Ties
GMT 07:29 2017 Friday ,21 July
Malan, Westley set for England debut
GMT 11:16 2016 Tuesday ,22 November
Retired 5-time champion Rodman charged in hit
GMT 09:49 2017 Monday ,05 June
Hassan Hallak reveals Lebanese Ramadan habits
GMT 09:28 2017 Monday ,18 December
Militant attack ongoing at Kabul intelligence training centre
GMT 07:26 2017 Tuesday ,12 December
Mansour condoles on death of Sayyid Turki
GMT 08:29 2017 Wednesday ,06 September
Ewis blames government for economic
GMT 19:21 2016 Tuesday ,01 March
Leonardo DiCaprio wins Oscar Best Actor Award
GMT 02:54 2016 Wednesday ,30 November
Interior Ministry agrees in principle on cooperation protocol with NCHR
GMT 12:07 2016 Friday ,30 September
Led by Kanye, New York festival season expands
GMT 13:02 2017 Wednesday ,31 May
Popular Mobilization Units liberate Beaj and ISIS loses 80%
GMT 11:08 2017 Saturday ,04 November
Nasser bin Hamad predicts strong competition
GMT 09:16 2017 Thursday ,02 November
Trump vows crackdown after New York attack
GMT 19:39 2016 Sunday ,16 October
Thousands Evacuated as Typhoon Sarika Slams Northern Philippines
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor