Word: mitterrand
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...Mitterrand tries to calm the critics of his new economic order
...camera panned slowly across a library of leatherbound books and a polished table to a pair of pale, manicured hands and finally to the angular, rigidly expressive face framed in a white collar and blue suit. French President François Mitterrand was on the air, live from his study in the Elysée Palace. In an hour-long Gallic version of a televised fireside chat, Mitterrand delivered the first comprehensive defense of his leftist domestic policies since he took office seven months ago. "Those who chose us want things to change," said he. "There must be some reforms...
...works by Bernard Buffet and Francis Picabia have been packed away, and out front workmen are getting ready to chisel the famous family name out of the sandstone above the entryway. Reason: the Banque Rothschild is being nationalized by the socialist government of French President François Mitterrand, along with the country's other major banks and holding companies. The Rothschilds, who are stepping out of the bank's management, have demanded that the government operate the institution without the Rothschild name...
...Mitterrand has made several pro-missile pronouncements calculated to shore up Helmut Schmidt. In addition, continuing a policy begun by former President Valery Giscard d'Estaing, Mitterrand is modernizing France's nuclear forces. Its submarine fleet, which will number seven by 1990, is being equipped with multiple-warhead M-4 missiles, and the 35 Mirage IV strategic bombers will receive new air-to-ground missiles...
France is Europe's odd man out on disarmament. The demonstration in Paris was by far the least impressive of any in the series last month. Only 40,000 marchers turned up, most members of a peace group with close ties to the Communist Party. President Mitterrand's Socialist Party actively opposed the demonstration. France is different because it is not part of NATO's integrated military command, though it remains a NATO member, and thus has not been asked to take any of the new U.S. missiles. More important, France possesses its own nuclear defense, the force de frappe...