France News
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The European Central Bank is set to take center stage as the euro area’s chief banking supervisor, after the European Banking Authority ditched this year’s stress test in favor of an ECB-led review of lenders’ asset quality.
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French President Francois Hollande today signed a law authorizing gay marriage and adoption by same-sex couples, his office said.
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France is looking to buy unmanned surveillance aircraft to strengthen its reconnaissance capabilities, the country’s Defense Minister Jean-Yves Le Drian said today at a news conference in a Washington.
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PSA Peugeot Citroen, Europe’s second- largest automaker, reached a deal with a striking union on closing a car factory in France, removing one of the last obstacles to a plan to cut 11,200 domestic jobs.

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