CashNews.co The Syndicat National des Radios Libres (SNRL) and Confédération Nationale des Radios Associatives (CNRA), two major organizations representing community radio in France, have issued a joint statement condemning the government’s proposed 35% cut to the Fonds de Support à l’Expression Radiophonique (FSER) in the 2025 Finance Bill. FSER is the French government fund established to […]
CashNews.co TradeWindsCMA CGM braced for $875m hit as French windfall tax offers new barrier to investmentFrench container ship giant CMA CGM will pay its share of any new state windfall tax. But the company’s chief financial officer said the likely high cost….17 hours ago Read More #cashnews #French #finance
CashNews.co October 15, 20242024-1892 French Government releases draft Finance Bill for 2025 The French Government has presented the draft Finance Bill for 2025. This Tax Alert summarizes key tax reforms in the draft Bill that may affect corporations, including: (i) creation of an exceptional contribution based on the Corporate Income Tax due by large companies; […]
CashNews.co Companies in France are bracing for a salvo of tax rises and higher labour costs in a deficit-cutting budget that risks undermining seven years of pro-business policies pushed by President Emmanuel Macron. Conservative premier Michel Barnier, who leads an uneasy power-sharing government with Macron’s centrists, on Thursday unveiled budget proposals that include tax increases […]
CashNews.co Pierre Moscovici, president of the Court of Accounts, at the Court’s presentation of its annual financial report, in Paris, on March 12, 2024. DIMITAR DILKOFF/AFP After two years of France’s public deficit spectacularly increasing, due to forecasting errors and perhaps a dose of deception, is the 2025 draft budget that Prime Minister Michel Barnier […]
CashNews.co (Bloomberg) — Fitch Ratings put France on negative outlook a day after the government presented its 2025 budget, delivering a rapid critique of Prime Minister Michel Barnier’s efforts to deal with a sharp deterioration in public finances. Most Read from Bloomberg The ratings firm’s reproach comes after it already downgraded France to AA- from […]
CashNews.co Valéry Giscard d’Estaing (born February 2, 1926, Koblenz, Germany—died December 2, 2020, Loir-et-Cher, France) was a French political leader, who served as the third president of the Fifth Republic of France (1974–81). Giscard was the eldest son of a prominent French financier and economist and member of a patrician family. He attended the École […]
CashNews.co PARIS (Reuters) – French finance minister Antoine Armand said on Friday that a belt-tightening budget was aimed at regaining control over a “colossal” debt, adding that the government was keeping a close eye on how financial markets viewed the French debt situation. “We must regain control over our debt,” Armand told France 2 TV. […]
CashNews.co The government delivered on Thursday its 2025 budget with plans for 60 billion euros ($65.5 billion) worth of spending cuts and tax hikes on the wealthy and big companies to tackle a soaring fiscal deficit. Reuters Last Updated : 11 October 2024, 07:17 IS Follow Us : Comments Read More #cashnews #French #finance
CashNews.co Climate crisis has a negative impact on people’s lives across the world, especially among the most vulnerable countries and communities, French Minister of Energy, Olga Givernet, said at the ministerial meeting on climate and development (C&DM) during the second day of Pre-COP29 in Baku, according to Report. “That’s why it was important for France […]