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Many European governments are thus under enormous pressure to seek higher growth. Citing "the preoccupying problem of unemployment," French President Valéry Giscard d'Estaing last week announced a $1.1 billion infusion of government spending for public works and family allowances, the second stimulative effort this year. Britain's trades unions are pressing Prime Minister James Callaghan for a large "catchup" pay boost and a major expansion program to create jobs. Even wealthy West Germany, which has sorely disappointed the rest of Europe (as well as the Carter Administration) by failing to push very hard...

Author: /time Magazine | Title: Business: But Europe Is In a Stall | 9/12/1977 | See Source »

Paris, March 1978. A Socialist-Communist alliance wins control of France's National Assembly; crowds dance in the Place de la Concorde . . . President Valéry Giscard d'Estaing reluctantly names Socialist Party Chief François Mitterrand as France's Premier ... Communists get four of the 19 Cabinet posts, becoming the first party members to gain power in Western Europe since the 1940s . . . Transition appears smooth at first, but then...

Author: /time Magazine | Title: FRANCE: If the Left Wins | 9/5/1977 | See Source »

Carter's enthusiasm for Great Britain's James Callaghan is that of one pol for another. His regard for France's Valéry Giscard d'Estaing is rooted in the Frenchman's intellect. Egypt's Anwar Sadat made sense to Carter. "I wouldn't mind spending a weekend fishing with him," said Carter about Canada's Pierre Elliott Trudeau. While he was in London, the President met with the leaders of 16 nations from Luxembourg to Greece. He was armed with personal fact sheets and psychological profiles of each...

Author: /time Magazine | Title: THE PRESIDENCY: Sizing Up the Movers and Shakers | 8/29/1977 | See Source »

...Nuclear energy is at the crossroads of the two independences of France: the independence of her defense and the independence of her energy supply." So said President Valéry Giscard d'Estaing while visiting Pierrelatte, the French Los Alamos, just before last week's battle. France has no oil and very little coal, and the 1973 Arab oil boycott dramatically demonstrated French reliance on foreign energy. Since 1974, as a result, the government has organized an ambitious atomic-energy program to provide at least 40 conventional nuclear-power plants and a 1,200-megawatt fast-neutron plant...

Author: /time Magazine | Title: FRANCE: Clash At Super Ph | 8/15/1977 | See Source »

President Valéry Giscard d'Estaing says that Carter "has compromised the process of detente," while West German Chancellor Helmut Schmidt has complained that Carter "acts like a faith healer" and formulates "policy from the pulpit...

Author: /time Magazine | Title: FOREIGN RELATIONS: GARTER SPINS THE WORLD | 8/8/1977 | See Source »

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