Keyword: Arnaud Montebourg

Ex-French economy minister Montebourg goes to business school

Former major figure in government has enrolled at top institution because he wants to set up own firm and 'running a business is a real job'.

'Monarchical' France needs Sixth Republic says ex-minister

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Three high-profile ministers left the government when it was reshuffled at the end of August, having signalled their disagreement with the economic policy being pursued by President François Hollande. Former minister for the economy Arnaud Montebourg and ex-education minister Benoît Hamon have both recently returned to the political fray, with more public criticism of the direction the administration is taking. Now, in an exclusive interview with Mediapart, the third minister, former culture boss Aurélie Filippetti, talks about how her “conscience” compelled her to leave government, the need for a fresh approach to the economy and her wish for a major reform of the French Constitution to make government “less monarchical”. She spoke to Lénaïg Bredoux.

Why Hollande's ruling majority has dissolved into an imposing minority

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French Prime Minister Manuel Valls on Monday handed President François Hollande the resignation of his entire government following fierce public criticism of its austerity policies made this weekend by economy minister Arnaud Montebourg and education minister Benoît Hamon. The exit from government of Montebourg and Hamon was joined by culture minister Aurélie Filippetti, who announced on Monday her own opposition to continuing austerity measures. Hollande has asked Valls to appoint a new government, to be announced on Tuesday, that is "consistent with the direction" set by the president. In this analysis of a unique set of events since the founding of France’s Fifth Republic constitution in 1958, Mediapart political affairs correspondent Hubert Huertas argues that Hollande has turned a ruling majority into such an imposing minority that a return to the urns is demanded.

Austerity rebellion forces French government to resign

Prime Minister Manuel Valls is to name a new government on Tuesday after his economy minister's weekend attacks on policy direction.

French education minister joins Montebourg attack on government policy

Benoît Hamon has joined the economy minister in a revolt against austerity measures, warning that they are sending France into recession.

French economy minister slams austerity policies

Arnaud Montebourg attacked the 'dogmatic reduction of deficits, which is driving us to austerity and a continued rise in unemployment'.

Use budget savings to finance tax breaks says French minister

Arnaud Montebourg, an outspoken critic of austerity, also attacked EU policies and said European Central Bank should do more to help growth.

The Montebourg Method: French minister gives lesson in state intervention over Alstom deal

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Just a few weeks ago the chief executive of French company Alstom suggested that the group had no alternative but to sell its energy section outright to American firm General Electric. But then the economy minister Arnaud Montebourg stepped into the fray and brokered a deal, agreed last weekend, that offers considerably better prospects for one of France's flagship companies. And in doing so, says Martine Orange, the minister has not only scored a personal political victory, he has also shown that the state is not always powerless to intervene on the industrial landscape.

France 'ready to roll out red carpet' to UK investors in event of EU exit

Economy minister Arnaud Montebourg, speaking after British eurosceptics' election win, mimicked David Cameron's offer to French tax exiles.

France boosts say on Alstom with foreign takeover law

Surprise decree could be obstacle to General Electric's takeover of France's Alstom, as industry minister talks of need for 'economic patriotism'.

French energy minister muddies waters over Alstom

Segolene Royal first supports GE bid for French firm, then backtracks, as she also attacks some male ministers as 'cocksure machos'.

France steps up campaign to weaken euro

Led by prime minister Manuel Valls, ministers insist that eurozone political leaders should take up exchange rate issue and not leave it to ECB.

France says it opposes G.E.’s bid for Alstom

France’s economy minister Arnaud Montebourg tells General Electric he 'cannot support' terms of current plan to buy French engineering giant.

French minister unhappy about GE takeover of Alstom

France's economy minister expresses 'patriotic concern' at mooted takeover of French engineering giant Alstom by US firm General Electric.

Anti-austerity leftist in new French cabinet

Arnaud Montebourg, known for attacks on big business and the European Commission, takes charge of an enlarged economy ministry.