France's Hollande blasts U.S. for huge fines on corporate Europe
French President Francois Hollande on Wednesday accused the United States of abusing its power when it demands multi-billion dollar fines from European companies while shielding its own firms, stoking an increasingly bitter trans-Atlantic dispute.
In an interview to a French magazine six months before a presidential election, Hollande said the fines - most recently a possible $14 billion (£11.42 billion) penalty for Germany's Deutsche Bank fine for selling toxic mortgage-backed securities in the United States - were one reason why he could not support a European free-trade deal with the... read more
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