Tag: La Poste

French Finance Minister Nicolas Sarkozy said Tuesday that it’s “high time” the country’s state-owned postal company La Poste is reformed. Speaking at a news conference, Sarkozy said, “Ten years after Germany started postal reform, yes, I think it’s high time. “People might say it’s difficult but look at some of the reforms that have been carried out at (partly state-owned) companies like Air France, Renault and France Telecom. These have been successes…people who work there understand that,” the minister said.

French state-owned postal service La Poste said it is seeking government approval to raise the price of stamps for its basic domestic and European deliveries to 0.55 eur from 0.50 currently, as of Feb 1 2005. If the increase is implemented, it will be La Poste’s second price hike since 1996. In May last year, the company raised the price of stamps to 0.50 eur from 0.46 previously.