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LATEST

France Is Dealt Another Downgrade - Who Is Next ?

Francois Hollande Contemplates

Ratings agency Moody's Investors Service stripped France of its prized triple-A credit rating on Tuesday, triggering worries the move could heighten the risk of a downgrade for other top-rated nations, including the United States and the single currency bloc's largest economy Germany.

France's Complicated Tax System May Be Main Problem

Francois Hollande

High tax levels in France have recently made the headlines, whether it be regarding the new 75 percent income tax, or over celebrities leaving the country on a quest for tax havens. But France's main tax issue may lie elsewhere, Fanny Combourieu, lawyer at SJ Berwin, a law firm specializing in tax law, told CNBC.

EU tells Alex Salmond to think again in Scottish independence row

Europe On The Globe

The president of the European council has intervened in the Scottish independence debate, claiming that nothing will be gained from breaking up the UK. Herman Van Rompuy, who would chair meetings to discuss if an independent Scotland could join the EU, said the move for separatism was a thing of the past.

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