Societe Generale boss: 'More co-ordination needed in EU'
France should be cutting taxes rather than raising them, says the chief of one of the countries biggest banks, Societe Generale.
Frederic Oudea's comments follow an exodus by some of France's rich due to a new wealth tax.
He also told BBC's Tanya Beckett that governments across the eurozone need "more co-ordination" to ensure a strong rebound in economic growth in 2013.
Most watched/listened
-
Cellar opened to reveal 'apocalypse'
-
Rocket mountain bike beats record
-
'We thought we were dead'
-
Apple chief hits back in tax row
-
One-minute World News
-
Collapsed bowling alley amid rubble
-
Apple 'avoided $1m tax per hour'
-
'First crane egg in 400 years'
-
Speed challenge for all-wood bike
-
'I was pretty lucky I suppose'
-
Ant engineering seen in slow motion
-
Newly homeless face their loss
-
The future Ethiopia only dreamed of
-
'Complete devastation' after tornado
-
'Heartbreak' at tornado school collapse
~RS~q~RS~~RS~z~RS~46~RS~)
