Francois Baroin

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  S&P Cuts EFSF Rating

  By Marlene Y. Satter, AdvisorOne  |  January 17, 2012

  Standard & Poor's followed up its mass cuts to the credit ratings of eurozone countries on Friday with a cut in the credit rating of the European Financial Stability Facility on Monday. EFSF officials said that nonetheless the facility was well enough funded to cope with the eurozone debt...

• France Nominates Treasury Official for ECB Board

  By Marlene Y. Satter, AdvisorOne  |  November 25, 2011

  France has nominated its second-highest Treasury official, Benoit Coeure, to a seat on the European Central Bank’s six-member executive board. If Coeure is appointed, he would once again give France a voice in the ECB’s policies and decisions.

• Threat of French Downgrade Endangers Eurozone Plan

  By Marlene Y. Satter, AdvisorOne  |  October 18, 2011

  oody’s Investors Service said late Tuesday that France’s top-grade credit rating was under pressure from the eurozone crisis. The news could mean trouble for the plan being assembled by European leaders to avert a complete economic meltdown.

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  Growth in French Economy Grinds to a Halt in Q2

  By Marlene Y. Satter, AdvisorOne  |  August 12, 2011

  Despite the fact that economists had expected growth of 0.3% in the French economy in Q2, consumers cut back and there was no growth at all for the period.

• France’s Lagarde Named to Head IMF

  By Marlene Y. Satter, AdvisorOne  |  June 29, 2011

  French Finance Minister Christine Lagarde was named late Tuesday to succeed the disgraced Dominique Strauss-Kahn as head of the International Monetary Fund (IMF).