July 01, 2002
Big Day in French News
Big Day in French News
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| Au revoir, Messier. 1 Juillet. |
Two french stories led the business news today worldwide. Messier is out at Vivendi, and France Telecom might be renationalized (!!!). That's France for you. The socialist party is working on re-organizing while the re-elected conservative leadership plots their next move after implementing the semi-communist 35-hour workweek.
Meanwhile, the papers are excited to report that the Euro has reached parity with the US greenback. In January, when last I was hear the dollar was $0.80 to the 1 euro. Now it's $1/euro1. It makes shopping easier, but more painful.
Posted by amol at July 1, 2002 09:32 AMComments
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