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The World This Week - 29 August 2014 (part 2)

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THE WORLD THIS WEEK

The World This Week - 29 August 2014

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Emmanuel Macron: A new economy minister with a pro-business agenda

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IN THE PAPERS

Socialist Party summer conference kicks off in explosive atmosphere

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Live from the newsroom, we provide an overview of the stories making the French and international newspaper headlines. From Monday to Friday at 7.20 am and 9.20 am Paris time.

IN THE PAPERS

IN THE PAPERS

Latest update : 2012-07-03

Awash in numbers

It’s wall-to-wall economics in the French papers today: they’re pouring over the numbers in the state auditor’s report, and with the state of public finances come dark warnings and dubious word play about "rigour" and "austerity". Les Echos and Le Figaro say the budget shortfalls are so dire that the government will have to backtrack on its extravagant promises.

Just how bad is it? The budget shortfalls range from 6 to 10 billion euros this year, and are expected to reach up to 60 billion euros next year, according to La Croix

Same story, darker tone in Les Echos, which says France is condemned to implement unprecedented austerity measures. It will have to reconcile extravagant campaign promises with the cold reality of budget restraints.

Le Figaro, too, warns that the government will have to renege on campaign promises made just a few months ago, including the 60,000 teachers and support staff that Francois Hollande had planned to hire. 

By Kyle G. Brown

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2014-08-29 French politics

Socialist Party summer conference kicks off in explosive atmosphere

FRENCH PAPERS - Fri. 29.08.14: Papers react to an interview the new Economy Minister Emmanuel Macron gave to the right-wing magazine Le Point. He suggested scrapping the 35-hour...

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2014-08-29 Twitter

Canada and Russia exchange snarky tweets

INTERNATIONAL PAPERS - Fri. 29.08.14: Papers across the world focus on the crisis in Ukraine after Kiev accused Moscow of de facto invasion. Amidst this threat of a serious...

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2014-08-28 French politics

Valls ♥ Business

FRENCH PAPERS - Thurs. 28.08.14: Prime Minister Manuel Valls declared his love for companies during a speech at the French employers' association yesterday. He received rapturous...

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2014-08-27 French economy

'Macron Economics'

FRENCH PAPERS - Weds. 27.08.14: The leading story in the French press today is yesterday's cabinet reshuffle. According to a poll in Le Parisien, most French people welcome the...

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2014-08-27 tourism

'The capital of sex, drugs, alcohol, trash and trashy tourism'

INTERNATIONAL PAPERS - Weds. 27.08.14: Papers across the world focus on a long-term ceasefire agreement between Israel and Palestinian militants in the Gaza Strip. Also, the...

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