CashNews.co The Assemblée Nationale’s Finance Committee, during a hearing for Bruno Le Maire, outgoing finance minister, and Thomas Cazenave, outgoing junior public accounts minister, in Paris, France, on September 9, 2024 DHERBEYS AGNÈS How did France go from the 4.4% public deficit level that was initially forecast for the end of 2024, to the 6.1% […]
CashNews.co PARIS (Reuters) -Sanofi on Sunday reached an agreement on terms to sell a controlling stake in its consumer health unit Opella to U.S. private equity firm Clayton Dubilier & Rice (CD&R), French government sources said on Sunday. The breakthrough came after the investment group provided France with guarantees on maintaining jobs and production in […]
CashNews.co The French government has published its first **Multi-Year Strategy for Financing the Ecological and Energy Transition** (Spafte) targeting the year 2030. This initiative plans a significant increase of €110 billion in low-carbon investments compared to 2021. Increase in Low-Carbon Investments According to the 88-page document issued by the Ministry of Economy, Finance, and Industry, […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. France’s industry minister has said that the option of blocking a €15.5bn deal to sell Sanofi’s consumer pharmaceuticals division to US private equity fund Clayton, Dubilier & Rice is “absolutely on the table” if […]
CashNews.co Doliprane’s distinctive yellow packaging can be found in almost every French medicine cabinet (Fred TANNEAU) French drugmaker Sanofi’s confirmation that it will sell a controlling stake in its consumer health unit to a US investment fund sparked a new political backlash Monday, stoked by fears the deal marks a loss of sovereignty over key […]
CashNews.co Paris, October 15, 2024 – Major French banks have continued to support problematic coal sector companies, despite the commitments made four years ago, new analysis by Reclaim Finance reveals (1), which identifies several financial deals with companies developing new coal mines or power plants. The analysis finds that loopholes in the policies of the […]
CashNews.co France’s Finance Committee has adopted an amendment to establish a “targeted universal tax” requiring French citizens living in countries with lower tax rates to continue paying taxes to France. The proposed system will require French nationals who lived in France for at least three years within the decade before relocating to pay taxes equivalent […]
CashNews.co KPMGFR – Draft Finance Bill for 2025The French draft finance bill for 2025 was finally published on Thursday, 10 October.1. The budget was presented against a challenging political and fiscal….3 days ago Read More #cashnews #French #finance
CashNews.co Christine Lagarde (born January 1, 1956, Paris, France) is a French lawyer and politician who was the first woman to serve as France’s finance minister (2007–11), as the managing director of the International Monetary Fund (IMF; 2011–19), and as president of the European Central Bank (2019– ). Lagarde was educated in the United States […]
CashNews.co Exiting coal is one of the major challenges facing the energy sector and the institutions who finance it. But, despite pioneering commitments made in 2019, French finance is struggling to complete this exit. So, while France advocates for the abandonment of coal on the international stage, domestic banks, insurers and investors continue to support […]