Word: mitterrand
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After two reorganization plans failed to revive the firm's sagging fortunes, Pineau-Valencienne in March demanded a new $277 million aid package from the government of Socialist President François Mitterrand. Talks over a new salvage operation got nowhere. The Ministry of Industry accused Pineau-Valencienne of refusing to accept a "reasonable" blueprint, while the Creusot-Loire chairman charged that the government was trying to seize control of the company...
...months after a series of blunders by French Foreign Minister Claude Cheysson, rumors of his departure had been gaining momentum. He committed his most serious faux pas last month when he stated flatly that Libyan forces had withdrawn from northern Chad, only to have an embarrassed President Francois Mitterrand admit several days later that the troops were still there. The rumors were finally borne out last week when Mitterrand tersely announced Cheysson's appointment to the European Commission, the executive body of the European Community...
Cheysson is succeeded as Foreign Minister by the government spokesman and European Affairs Minister, Roland Dumas, 62, Mitterrand's longtime personal friend and confidant. Although Dumas is said to be less hard-line toward the Soviet Union, less committed to the Third World and more pro-Israel than his predecessor, his appointment will probably have little overall effect on French diplomacy, which is traditionally the President's domain. Said Dumas in Paris last week: "I think French foreign policy has been masterfully conducted by Mr. Mitterrand, and I don't see any reason why it should change...
...head-table occupant who attracted the most attention at a state banquet in Damascus last week was neither the guest of honor, French President François Mitterrand, nor the host, Syrian President Hafez Assad. Instead, it was Assad's younger brother Rifaat, 47, one of Syria's three Vice Presidents, making his first appearance after returning from a mysterious six-month exile in Switzerland and France. Rifaat's sudden re-emergence seemed to indicate that he might soon resume his public duties, which include overseeing Syria's state security apparatus, and that he might attain...
...Adding insult to Mitterrand's already injured political fortunes, the mayors of Strasbourg and Colmar last week boycotted his formal visit to Alsace in order to protest the transfer of a planned nuclear-research facility from the area to Grenoble...