France to miss EU budget deficit target

France has admitted it will overshoot the EU's 3% budget deficit target this year, putting the eurozone's second-biggest economy on a collision course with Brussels.

France to invest EUR 1 bn to update cyber defences

PARIS: France unveiled plans on Friday to bolster long-neglected defences against cyber attacks, with 1 billion euros ($1.36 billion) of investment foreseen to bring the country's technology up to speed with NATO partners.

EU to allow France bigger say in trade talks with US

BRUSSELS: The European Commission, which normally negotiates trade deals on behalf of EU members, is ready to give European governments a much greater say on cultural issues in free-trade talks with the United States, an EU source said on Thursday.

Millions falling into poverty in recession-racked Italy: Report

ROME: Millions of Italians cannot afford to heat their homes properly or eat meat as their country is racked by recession and soaring unemployment, said a report which found the number of people considered seriously deprived had doubled in the past two years.

France Proposes an Internet Tax

PARIS — France, seeking fresh ways to raise funds and frustrated that American technology companies that dominate its digital economy are largely beyond the reach of French fiscal authorities, has proposed a new levy: an Internet tax on the collection of personal data.

ECB'S Praet says France must cut spending and reform

PARIS (Reuters) - France must cut spending to meet its budget deficit target and undertake structural reforms to boost competitiveness, European Central Bank Executive Board Member Peter Praet said on Tuesday.

Fall in eurozone PMI heralds return to recession

Eurozone services and manufacturing output shrank for a sixth straight month in July, with the downturn becoming entrenched in the core countries of Germany and France.