France cash boost for ex-soldiers
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France is to increase pension payouts to war veterans from its former colonies, the government says.
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The French government plans to sell as much as 5.8 billion euros ($7.1 billion) of shares in France Telecom SA to reduce debt that breaches European Union limits.
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The government agreed Tuesday to increase compensation for the worst-injured soldiers after a row over the size of payout to a veteran who was horrifically wounded in Afghanistan.
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France will sell up to 12.1 percent of France Telecom in Europe's largest share placement in four years, bringing as much as $6.95 billion into state coffers.
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A soldier whose stored possessions were sold while he served in Iraq has received their full value of $8,000 and an apology from the storage company.
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Former Liverpool manager Gerard Houllier has backed Djibril Cisse to make a full recovery from his double leg fracture. Houllier, who agreed the Â£14million signing of Cisse from Auxerre prior to parting company
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Winners of April's Boston Marathon will go home a little richer this year, as chief sponsor John Hancock Financial Services yesterday announced an increase in prize money.
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The French bank offered millions of new shares to investors at a fire-sale price Monday, seeking to replace the more than $7 billion it lost in a trading scandal.
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Thousands of workers who lost their pensions when firms went bust are expected to be given more financial help.
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PARIS / LONDON: France said on Wednesday it will sell up to 12.1% of France Telecom to raise â¬5.8 billion ($6.9bn) and help cut national debt in Europeâs largest placing in four years.
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EURONEXT, one of the two rival potential bidders for London Stock Exchange, has strengthened its team by lining up a heavyweight French bank to help to raise funds.
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France plans to offer financial incentives to more immigrants, especially from Africa, to return home voluntarily.
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Britain announced a &quot;significant&quot; increase in pensions for Gurkha veterans following prolonged protests from the Nepalese veterans who fought alongside British troops in two world wars.
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The government offers new compensation deal for miners' widows offering Â£1,300 or Â£1,000 to next of kin.
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French museums are establishing outposts abroad to increase revenue and allow for unseen artworks to go on display.
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Britain announced Thursday a &quot;significant&quot; increase in pensions for Gurkha veterans, following prolonged protests from the Nepalese veterans who fought alongside British troops in the two world wars.
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France is selling almost half its stake in Air France KLM, in a deal set to raise at least 700 million euros ($933 million), sources close to the operation said.