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France

European banks rescue plan agreed

Europe's leaders meeting at an economic crisis summit in Paris have pledged that no major financial institution will be allowed to collapse. They also pledged to guarantee loans between banks on a temporary basis, in order to...

PM: Banking crisis will ease

Prime Minister Gordon Brown has said he is confident that European leaders would reach 'common ground' to solve the global financial crisis. Mr Brown was speaking after meeting leaders for talks in Paris. Meanwhile, UK Treasury...

Europe readies action plan to avert global crisis

PARIS/WASHINGTON, Oct 12 - European leaders hoped to agree on a detailed plan in Paris on Sunday to prevent market panic and stave off what the International Monetary Fund warned could be a global financial meltdown. In...

European summit works on "ambitious" plan

PARIS (Reuters) - European leaders raced against the clock on Sunday to clinch a rescue strategy for banks battered by the worst financial crisis since the 1930s, under intense pressure to throw them a lifeline before world...

EU leaders to study crisis plan in Paris

PARIS (Reuters) - Leaders of euro zone countries hold an emergency meeting in Paris on Sunday hoping to agree on specific, pan-European measures to prevent market panic from triggering the most severe global downturn in decades.

Brown expects euro zone to pass plan

PARIS (Reuters) - Euro zone countries are expected to adopt comprehensive plans to shore up their banking sectors, Prime Minister Gordon Brown said on Sunday. "I believe that our European colleagues will move ahead with the...

Rallye de France: SS16 - Ford go tactical - again.

WRC » Rallye de France: SS16 - Ford go tactical - again. Sunday, 12th October 2008 Mikko Hirvonen wins the final test while Francois Duval and Jari-Matti Latvala purposely pick up penalties to ensure they drop behind the Finn;...

France decides not to extradite Italian terrorist

A convicted Italian terrorist being held in France will not be extradited back to Italy, French authorities have decided. Marina Petrella, a former communist Red Brigades revolutionary, is currently being treated in a French...

WEEKAHEAD-Financial markets near complete freeze

By Natsuko Waki LONDON (Reuters) - Investors will be seeing this week whether policymakers found a way to pull markets away from a deeper collapse as global capital markets faced complete freeze-up. The global financial system...

Gordon Brown demands that Europe follows his lead in cry of Napoleonic boldness

Europe must follow my lead. This was the message Gordon Brown took to Paris and those of us who were left sitting at home could not help wondering how his demand would go down with the leaders assembled in France.

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