Article: That's what friends are for; French business and the press.

Politics, business and the French press are getting chummier still

WHEN Nicolas Sarkozy met Erik Izraelewicz and a handful of journalists recently to discuss economic policy and the strikes in France, the editor-in-chief of Les Echos, France's most popular business daily, did not expect to end up discussing his own newspaper with the French president. But Mr Sarkozy said he could not understand why the paper's journalists had gone on strike several times to try to block the recent takeover of their publication by his friend Bernard Arnault, France's richest man. Mr Sarkozy insisted that Mr Arnault would respect the paper's editorial independence and would invest ...

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