France to ban bonuses for bailed out firms

France will ban bonuses and stock options for executives whose companies get government bailout money, the president’s chief of staff said Thursday.

03/26/2009 — Filed under: Business
Tags: , ,

Czech president wants new cabinet fast

Czech President Vaclav Klaus accepted Prime Minister Mirek Topolanek’s resignation on Thursday and said a new majority-backed cabinet must be formed soon to tackle the economic crisis and the Czech EU presidency.

03/26/2009 — Filed under: Politics
Tags: , ,