french

Bank of France Governor Christian Noyer said on Monday that French banks have no liquidity or solvency problems and can withstand any crisis event in Greece. more...

The Swiss central bank has started to buy French and German government debt from the markets to try to bring the Swiss franc down, Dow Jones newswire wrote on Saturday, quoting a report by German newspaper Frankfurter Allgemeine Zeitung. more...

Some of France's richest people, including the billionaire heiress of L'Oreal and the head of oil giant Total, urged the government on Tuesday to tax them more to help to solve the country's financial problems. more...

One bank in Asia has cut credit lines to major French lenders while five other banks in Asia are reviewing trades and counterparty risk as worries about the exposure of French banks to peripheral euro zone debt mounts, banking sources told Reuters on Thursday. more...

The euro rallied against the U.S. dollar in Asia on Thursday On news Germany and France had agreed a joint position on a debt bailout for Greece, fuelling hopes for real progress after so many false starts. more...

German banks have agreed in principle to use a French proposal as a basis for negotiating private-sector participation in a Greek debt rollover, two sources close to the negotiation told Reuters on Tuesday. more...

French President Nicolas Sarkozy said on Monday the government had an agreement with French banks on rolling over Greek debt. more...

The euro rose against the dollar on Friday after strong growth data in France and Germany bolstered speculation that a healthy euro zone economy would keep interest rates in the region higher than U.S. ones. more...