French investigative magistrates have dropped charges against former President Nicolas Sarkozy over allegations he took advantage of the mental frailty of heiress Liliane Bettencourt to fund his 2007 electoral campaign, Agence France-Presse reported, citing unnamed people close to the case.
French Labor Minister Eric Woerth said his wife is stepping down from her job managing assets for L’Oreal SA heiress Liliane Bettencourt , whose alleged tax irregularities have kicked up a political storm in the country.
French Labor Minister Eric Woerth intervened in 2008 when he served as budget minister to help the heirs of French sculptor Cesar get 27 million euros ($36 million) in tax relief, Liberation reported, citing excerpts from a letter signed by Woerth and dated April 24, 2008.
French Labor Minister Eric Woerth’s prospects as a potential candidate to become prime minister faded after his alleged entanglement in a conflict of interest case involving L’Oreal heiress Liliane Bettencourt, La Tribune said, without citing anyone.
French President Nicolas Sarkozy won’t accept changes to his plan to raise the retirement age or balance the pension system’s accounts by 2018, Labor Minister Eric Woerth said as parliament starts debate on the measure.
French Labor Minister Eric Woerth predicted major demonstrations against his plan to overhaul France’s pension system, adding that he can envisage tweaking the bill though not ceding ground on lifting the retirement age.
French labor minister Eric Woerth said he hasn’t thought of resigning from his post in recent weeks after a preliminary inquiry was launched to study tax refunds given to the country’s richest woman, L’Oreal SA heiress Liliane Bettencourt. He made the comments in an interview with Europe1 radio today.