US tire company spent five fruitless years trying to cut costs at its Amiens plant and being blocked. Now it’s shutting down …
france
Europe’s Debt Crisis Seems Bad? Look at Its Car Industry
Think the bleak news flowing from Europe’s debt crisis is depressing? Check out the region’s auto industry, whose tumbling sales and excess production capacities have many experts anticipating a spate of mass layoffs and …
Greek Voters Provide a Respite for the Euro, but for How Long?
Europe may be relieved by the outcome of the Greek parliamentary elections, but there are still significant obstacles to overcome for Greece to remain in the euro zone
Experts Deem Wines from New Jersey (!) As Good As France’s Finest
Must be that Turnpike terroir. In a recent blind taste test, wines produced in New Jersey—yes, that New Jersey, the state just east of Pennsylvania—held their own when matched up against whites and reds from France, some of …
Why Everyone’s Trying to Measure Well-Being
It’s mid-afternoon, and I’m sharing a long lunch with a colleague at a sidewalk café in Paris. There’s a basket of fresh-baked bread on our table and a parade of well-dressed shoppers passing by. At the next table, three …
Which Advanced Economy Has the Most Debt?
With all the talk of Greece’s impending exit from the euro zone, debt is once again in the headlines. Greece’s massive public sector debt, coupled with its inability to devalue its currency, has put the country at risk of …
4 Ways the Euro Could Fail
All courses of action appear to lead to an eventual financial crisis of some sort. But moderate progrowth policies are the best bet to minimize the damage
Democracy Could Destroy the Euro
Upcoming elections in France and elsewhere will likely show massive popular resistance to the austerity policies needed to save the common European currency
Is Europe’s Crisis a Glimpse of America’s Future?
The problems caused by rising debt are fundamentally different in the U.S. from those in Europe, but they are equally daunting.
Why France — Not Greece or Italy — Will Decide the Fate of the Euro
France’s own economic problems will soon make it unable to help bail out weaker European countries. When that happens, the euro game will be up
Take That France! Americans Now Drink More Wine than the French
Americans not only drank more wine last year, they were also spending a bit more per bottle — after briefly venturing into the cheapo $6-a-pop territory.
Is Sarkozy’s Plan to Raise France’s Retirement Age Fair?
French Fighting for the Right to Retire Relatively Young (AP)
The French work force was doing what it does as well as anyone yesterday—going out on strike. Somewhere between one and three million workers (the police and the big union, CGT, disputed the totals) hit the streets to protest the plan by the government of President …
