Just raising taxes further signals an unwillingness to grapple with the inefficiencies of the French state.
"In theory, the Clemenceau can leave, " said Joel Alquezar, lawyer for the French state.
The French state's stake in the Air France-KLM merger is set to be 44 percent.
SeaFrance, which was owned by French state-owned rail firm SNCF, went into liquidation in November 2011.
Some of his bravest campaigns were civil-rights defences of radicals pursued by the French state.
The French state recently bought a third of the shipyard company to save jobs and know-how.
There the bodies of Voltaire and Rousseau were laid to rest with the blessing of the French state.
Theoretically the French state has a duty of care for unaccompanied minors, but these teenagers must prove their age.
In France Lionel Jospin is looking more and more like Louis XIV--the French state's share of GDP now exceeds 45%.
Under the law, the trade-off between work and leisure is, in effect, made by the French state, with unexpected results.
So far, for pragmatic rather than ideological reasons, the French state has bailed out just one troubled bank: Dexia, a small Franco-Belgian institution.
French state-owned savings banks generate a return on equity of 2%, which makes it hard for private-sector rivals to achieve their 15-18% targets.
The British-based Messier-Dowty unit of French state-owned firm Snecma, would build the Boeing jet's landing gear, a substantial and expensive part of any aircraft.
The soldierly approach dates from Napoleonic times, when such forces browbeat conquered peasants into accepting the physical and symbolic power of the French state.
The French state extending into Africa to bring the benefits of commerce and Christianity to what all Europe considered the dark places of the world.
The rioters in Amiens may have legitimate grievances, but the French state must draw a firm line against accepting violence towards the police, he maintains.
Centrica, which owns British Gas, had the option of taking a 20% stake in four new reactors in a partnership with EDF, the French state-owned utility.
It was not until Jacques Chirac became president in 1995 that the French state accepted its official complicity, prompting much soul-searching over collaboration, memory and guilt.
This imbroglio, which touches the heights of the French state, hints at the flavour of politics over the next 12 months, in the run-up to the presidential election.
France's National Assembly began debating a controversial bill to ban the wearing of the Muslim headscarf and other ostentatious religious symbols in French state schools and other public institutions.
France's long-suffering taxpayers can only hope that this rise encourages the French state to keep at least one of its 1995 promises: to privatise the bank before the end of the century.
Mohammed is typical: He spent three months sleeping in a park before finally getting a hotel room provided by the French state, once he was able to prove he was 16 years old.
The two bosses want to replace the current arrangements which give effective joint control to three shareholders - Lagardere, the French state, and German industrial group Daimler, which owns 22.5% of the company.
When a poll asked French teenagers which company they would most like to work for, the top three responses were not, as in the past, French state enterprises, but Apple, Microsoft and Google.
It beggars belief that, after 16 years of supposedly centre-right presidents, the French state should account for 56% of GDP, second only to Denmark in the European Union and far above the 47% share in Germany.
On February 7th gunmen in a street in Ajaccio, the capital of Corsica, killed the prefect, Claude Erignac, the highest representative of the French state on the island, as he was on his way to a concert.
This opaque system doesn't offer outsiders much visibility, save for the knowledge that indebted banks and an indebted French state intend to continue to cover each other, no matter the cost and on taxpayers' backs if they must.
WSJ: Nicolas Lecaussin: What's the Matter With the French Banks?
One response would be that the main cause of the French revolution lies outside Mr Garrioch's Paris and beyond the grasp of Mr Jones's elite: in the unrelenting global conflict with Britain that undermined the French state and thrust the country into increasingly unmanageable crises.
ECONOMIST: French history: A drama, not a balance sheet | The
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