CashNews.co PARIS (Reuters) – French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions. Ratings agency Standard & Poor’s gave Prime Minister Michel Barnier’s fragile minority government a rare reprieve late on Friday […]
CashNews.co Nigeria’s presidential spokesperson Bayo Onanuga said on Friday that the deals, signed the previous day during President Bola Tinubu’s state visit to Paris, included a 300 million euro investment plan to support critical infrastructure, healthcare, transportation, agriculture, renewable energy and human capital development across Nigeria. Nigeria’s finance minister Wale Edun and French economy minister […]
CashNews.co (Bloomberg) — France’s benchmark bond yield matched Greece’s for the first time on record, the latest milestone in a week marked by mounting anxiety over the fate of Prime Minister Michel Barnier’s government. Most Read from Bloomberg The rate on 10-year French notes, traditionally considered among the safest in the euro area, briefly rose […]
CashNews.co By Leigh Thomas PARIS (Reuters) -French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions. France’s budget deficit has spiralled out of control this year, pressuring French government bonds, although ratings agency […]
CashNews.co PARIS (Reuters) – French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions. Ratings agency Standard & Poor’s gave Prime Minister Michel Barnier’s fragile minority government a rare reprieve late on Friday […]
CashNews.co Addis Ababa, November 29, 2024 (FBC) – The Ministry of Finance of the Federal Democratic Republic of Ethiopia, the French Development Agency (AFD), and Expertise France have signed an economic cooperation agreement aimed at expanding and strengthening their partnership. The agreement focuses on mobilizing highly qualified expertise and supporting public policies in sectors such […]
CashNews.co France’s borrowing costs have surpassed those of Greece as investors fret about the French government’s ability to pass a deficit-trimming budget — and its ability to survive at all. The far-right Rassemblement National, led by Marine Le Pen, has threatened to back a censure motion against the government as soon as next week unless […]
CashNews.co Political uncertainty in France is taking a toll on investor confidence in its economy, with French bonds taking a hit, driving the stock market downward and pushing 10-year borrowing costs higher to levels comparable to Greece – a symbolic threshold that has sparked alarm. Media was sent into a tizzy following a headline grabbing […]
CashNews.co (Bloomberg) — France’s benchmark bond yield matched Greece’s for the first time on record, the latest milestone in a week marked by mounting anxiety over the fate of Prime Minister Michel Barnier’s government. The rate on 10-year French notes, traditionally considered among the safest in the euro area, briefly rose to 3.03% before paring […]
CashNews.co (Bloomberg) — European stocks snapped two days of declines, with technology leading the advance amid hopes that US curbs on chip equipment sales to China may prove lighter than feared. Most Read from Bloomberg The US is considering measures on sales of semiconductor equipment and AI memory chips to China that would stop short […]