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...European Builders Confederation, which is seeking an exemption from the directive. Unions across Western Europe have raised the specter of an army of low-paid service workers without social benefits arriving from Central and Eastern Europe, undercutting prices and destroying local jobs. Some government heads agree. Luxembourg's Jean-Claude Juncker, who currently holds the E.U.'s rotating presidency, said last week that "we must remove any proposals that open us up to the danger of social dumping, tax dumping or regulatory dumping...

Author: /time Magazine | Title: Opening a Closed Shop | 3/20/2005 | See Source »

France Asks for a Raise Forget the 35-hour week. French workers have reverted to a more traditional demand: higher pay. The wage issue shot to the top of the political agenda this month, driven by public-sector workers who staged mass demonstrations. Last week, the government of Jean-Pierre Raffarin promised a 1% raise for the public sector, on top of the 1% already awarded for this year. Private-sector employers are furious, saying the hike will set a national precedent when they can ill afford it. "If we increase pay without increasing productivity, we'll be destroying competitiveness...

Author: /time Magazine | Title: Bizwatch | 3/20/2005 | See Source »

...Jean-Paul Agon BEAUTY BUFF

Author: /time Magazine | Title: People to Watch in International Business | 3/20/2005 | See Source »

...Because he's worth it" is now the mantra of Jean-Paul Agon, 48, the French cosmetic giant's new CEO-designate. The head of U.S. operations for L'Oréal since 2001, he will take over next year for Lindsay Owen-Jones, who stays on as chairman. A graduate of the Hautes Etudes Commerciales, Agon will need the skill of a makeup artist to keep L'Oréal looking as good as it has under Owen-Jones, who steered the $19 billion company through two decades of annualized double-digit profit gains. On Agon's to-do list: promoting...

Author: /time Magazine | Title: People to Watch in International Business | 3/20/2005 | See Source »

Ideal Mate Now: My boyfriend, Jean-Paul, in London—we have been together for almost eight years...

Author: By Emily T. Sabo, CONTRIBUTING WRITER | Title: This Used to be Their Playground | 3/17/2005 | See Source »

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