France’s Hollande Orders Peugeot to Renegotiate Layoff Plan

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FRANCOIS HOLLANDE IS CALLING THE SHOTS NOW.

Francois Hollande will qualify as a communist when the final call is made. His policies are identical to Barack Obama’s which should alarm Americans. The French were better off with Sarkozy and we are better off without Obama but right does not always win out.

PARIS (Reuters) – French President Francois Hollande said on Saturday that car maker Peugeot (UG.PA) must renegotiate its proposal to lay off 8,000 workers and close one of its assembly plants to ensure that the social impact of the measures was minimized.

In a television interview to celebrate France’s national day, Hollande said that a government plan for the ailing car sector, due to be announced before the end of July, would include public incentives to encourage consumers to purchase French-made cars.

(Reporting By Daniel Flynn and John Irish)

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