Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 20, 2025 BRUSSELS (Reuters) – European Union finance ministers will approve French Prime Minister Francois Bayrou’s deficit-cutting plan on Tuesday as it complies with the EU’s recommendations to bring the French deficit below 3% of GDP by 2029, officials said. Senior […]
Financial Insights That Matter The meeting was chaired by Dr Saud Abdullah al-Attiyah, Deputy Undersecretary for Economic Affairs at the Ministry of Finance, and Magali Cesana, Head of the Bilateral Affairs and International Business Development Department, at France’s Ministry for Economy, Finance and Industry. Boost Your Financial Knowledge and Achieve Stability Discover a growing online […]
Financial Insights That Matter By Josh White · January 6, 2025, 7:00 PM GMT The newly formed French government is open to raising the capital gains tax as part of concessions in talks to settle the country’s budget for 2025, the finance minister said Monday…. To view the full article, register now. Boost Your Financial […]
Financial Insights That Matter PHILADELPHIA (AP) — An American accused of sexually assaulting a Pennsylvania college student in 2013 and later sending her a Facebook message that said “So I raped you” was extradited Thursday from France to the United States. Ian Cleary, 31, of Saratoga, California, arrived in the U.S. and was being flown to Pennsylvania, […]
Financial Insights That Matter PARIS (Reuters) – French finance minister Eric Lombard said France’s budget situation was “serious” , adding he targeted a 2025 deficit in a range of 5% to 5.5% of gross domestic product (GDP). Lombard also told France Inter radio that the budget deficit would “probably” be around 6.1% in 2024. (Reporting […]
Financial Insights That Matter The toppling of France’s government last month has shaved 0.3 percentage points off output and deprived the state of much-needed tax revenue to repair the budget, according to new Finance Minister Eric Lombard. “Uncertainty brings investment and hiring to a stop,” he told BFM TV on Friday. “We have probably lost […]
Financial Insights That Matter (Bloomberg) — The toppling of France’s government last month has shaved 0.3 percentage points off output and deprived the state of much-needed tax revenue to repair the budget, according to new Finance Minister Eric Lombard. Most Read from Bloomberg “Uncertainty brings investment and hiring to a stop,” he told BFM TV […]
Financial Insights That Matter France’s delayed 2025 budget bill will target a deficit of “slightly above 5%” in order to protect growth, the country’s new finance minister said in a newspaper interview.Eric Lombard, previously head of Caisse des Depots, the investment arm of the French government, will be tasked with steering through parliament a budget […]
Financial Insights That Matter In the absence of better cooperation from Washington, France wants European countries to set up their own system to track terrorism finance. US authorities have left unanswered French requests for access to financial information concerning suspects tied to last month’s attacks in Paris. The US Department of the Treasury has access […]
Financial Insights That Matter Renault may not survive the shock of the coronavirus pandemic without help from the French government. France’s finance minister, Bruno Le Maire, said Friday that the carmaker is in “serious financial difficulty.” “Renault can disappear,” he told Europe 1 radio. The company delivered its worst financial performance in a decade in […]