Open

Coming up

Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Netanyahu deletes tweet featuring photo of James Foley

Read more

THE WORLD THIS WEEK

The World This Week - 22 August 2014 (part 2)

Read more

THE WORLD THIS WEEK

The World This Week - 22 August 2014

Read more

FRANCE IN FOCUS

FRANCE IN FOCUS

Read more

FOCUS

Lifting the veil over China's air pollution

Read more

ENCORE!

Tango Takeover in Paris

Read more

WEB NEWS

Calls for ISIS media blackout after execution of James Foley

Read more

IN THE PAPERS

'Steely resolve of reporters exploited by pared-down employers'

Read more

BUSINESS DAILY

US judge calls Argentina bond swap offer illegal

Read more

  • Europe launches navigation satellites to rival GPS

    Read more

  • Besieged by problems, Hollande faces unhappy return from summer holidays

    Read more

  • Iraqi Sunnis quit govt talks after mosque massacre

    Read more

  • US demands Russia withdraw aid convoy from Ukraine

    Read more

  • PSG fall flat once more against Evian

    Read more

  • Fed Chair says US job market still hampered by Great Recession

    Read more

  • August 22, 1914: The bloodiest day in French military history

    Read more

  • Central African Republic announces coalition cabinet

    Read more

  • Hamas publicly executes "informers"

    Read more

  • French firebrand leftist to quit party presidency, but not politics

    Read more

  • Fear of Ebola sky-high among Air France workers

    Read more

  • US says Islamic State threat 'beyond anything we've seen'

    Read more

  • Malaysia mourns as remains of MH17 victims arrive home

    Read more

  • Turkish Foreign Minister Davutoglu set to be Erdogan's new PM

    Read more

  • Interactive: Relive the Liberation of Paris in WWII

    Read more

France

Sarkozy cuts short holiday for urgent economic talks

Text by News Wires

Latest update : 2011-08-10

French President Nicolas Sarkozy cut short his vacation on the French Riviera to hold a meeting with key ministers on Wednesday as world markets reel from fears that US and eurozone debt crises will spark a new recession.

AFP - President Nicolas Sarkozy interrupted his holiday on the French Riviera Wednesday to hold a meeting on the economy as the crisis in the eurozone continued.

"The president of the republic will today hold in the Elysee palace a working meeting at 0800 GMT on the economic and financial situation," his office said in a statement.

The French prime minister will also attend the meeting along with the finance and budget ministers, the statement said.

The turmoil on the financial markets has eased since the European Central Bank began buying Spanish and Italian bonds this week but investor jitters continue on fears the US and eurozone debt crises would spark a new recession.

Sarkozy had been holidaying in the chic Cap Negre area of the Riviera in the family holiday home of his pregnant supermodel-turned-pop star wife Carla Bruni.
 

Date created : 2011-08-10

  • FINANCE

    Where does France stand amid the financial crisis?

    Read more

COMMENT(S)