Open

Coming up

Don't miss

Replay


LATEST SHOWS

FOCUS

Bangladesh: Textile workers' lives still at risk

Read more

TALKING EUROPE

José Bové, Candidate for the EU Commission presidency, Group of the Greens

Read more

WEB NEWS

NYPD's online campaign backfires

Read more

ENCORE!

Celebrating the Bard's birthday in Britain

Read more

THE INTERVIEW

Yuki Tatsumi, Senior Associate of the East Asia Program, Stimson Center

Read more

INSIDE THE AMERICAS

USA: Executions halted over drugs secrecy

Read more

IN THE PAPERS

An overly optimistic plan?

Read more

IN THE PAPERS

#NYPD Fail

Read more

BUSINESS DAILY

Soaring iPhone sales in China boost Apple earnings

Read more

  • Ukraine troops launch assault on rebel stronghold, take checkpoint

    Read more

  • Afghan guard kills US doctors in Kabul hospital attack

    Read more

  • Platini: PSG in danger over Financial Fair Play rules

    Read more

  • Ségolène Royal denies banning cleavage at French ministry

    Read more

  • Palestinian unity deal stirs anger in Israel

    Read more

  • Video: Mayor in east Ukraine ready ‘to turn Slaviansk into battlefield’

    Read more

  • US would defend Japan in islands dispute, Obama says

    Read more

  • New far-right mayor moves to quash Paris region mosque

    Read more

  • US soldiers arrive in Poland as Ukraine crisis continues

    Read more

  • Fatah, Hamas agree to form Palestinian unity government

    Read more

  • Millions of Syrians desperately need aid, says UN

    Read more

  • Muslims in CAR pray for an escape route

    Read more

  • Madrid beat Bayern 1-0 in first leg of Champions League semis

    Read more

  • Britain's ex-PM Blair warns against spread of radical Islam

    Read more

  • Turkish PM offers condolences to descendants of Armenians killed in 1915

    Read more

  • Gay marriage, one year on: ‘French civilisation did not crumble’

    Read more

  • Colombian president reinstates firebrand Bogota mayor

    Read more

  • NYPD public relations campaign on Twitter goes awry

    Read more

  • In pictures: Violent protests erupt in Rio

    Read more

France

Hollande proposes four changes to EU fiscal pact

©

Text by News Wires

Latest update : 2012-04-25

French Socialist presidential candidate François Hollande said Wednesday that if elected, he will submit four proposals for renegotiating the EU fiscal treaty, including the creation of eurobonds and a financial transaction tax.

AFP - French presidential frontrunner Francois Hollande said Wednesday that if he is elected he will send his European partners four proposals to amend the EU fiscal pact.

Speaking at a campaign news conference ahead of the May 6 election, he also welcomed a comment from European Central Bank chief Mario Draghi, who earlier said the continent needed joint measures to support growth.

"The day after the vote, if I receive a mandate, I will address a memorandum to the heads of state on renegotiating the treaty," Hollande said.

Hollande said he would call for "the creation of eurobonds, not to pool debts but to finance industrial infrastructure projects" and "free up more financing possibilities from the European Investment Bank."

He also said he would call for "the creation of a tax on financial transactions" and "mobilising the remnants of European structural funds that are now unused."

Hollande also said he welcomed the remarks by Draghi, "who has himself just said that the fiscal pact needs to accompanied by a growth pact."

 

Date created : 2012-04-25

  • FRENCH ELECTIONS 2012

    Hollande looks to far right as he forges runoff strategy

    Read more

  • FRENCH ELECTIONS 2012

    Sarkozy looks to TV debates to snatch election victory

    Read more

  • FRENCH ELECTIONS 2012

    Le Pen wants to conquer the French right wing

    Read more

Comments

COMMENT(S)