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GE's chief executive tells French president his firm would create 1,000 jobs over three years if its bid for Alstom's energy division is approved.

Court of Auditors finds inaccurate projections left a hole of 16 billion euros on expected returns from VAT, and income and corporation tax.

The insalubrious camps of migrants hoping to reach Britain, were razed for what officials said were health and safety reasons.

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

Jean-Francois Copé quits leadership of the UMP party amid an escalating scandal of fraudulent funding of Nicolas Sarkozy's election campaign.

The French president, speaking 24 hours after the historic victory of the far-right in European elections, underlined discontent towards the EU.

France's mainstream Right opposition party, the UMP, is further engulfed in a corruption scandal that implicates its leader and Nicolas Sarkozy.

French president met with inner cabinet Monday to discuss his government's way forward after socialist trouncing in European elections.

Monday's French press banner headlines describe the Front National party's victory in European elections as a 'big bang' and an 'earthquake'.

Early estimates show higher turnout than in previous elections in 2009, while far-right predicted to make strong gains.

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