CashNews.co PARIS (Reuters) – France’s overall economic growth should come in at 1.1% for the full year of 2024, Finance Minister Antoine Armand said on Wednesday, adding it was not enough to give extra headroom on the public finances. Speaking in a parliamentary hearing for the first time since being appointed this weekend, Armand said […]
CashNews.co As global markets react to the recent Federal Reserve rate cut, investors are increasingly turning their attention to small-cap stocks, which have shown notable resilience and potential for growth. In this context, France’s market offers a fertile ground for discovering hidden gems with strong financial foundations. A good stock in today’s environment is characterized […]
CashNews.co “We have one of the worst deficits in our history,” according to Antoine Armand, who insists on France Inter that the country’s financial situation is “serious.” Published 09/24/2024 10:28 Updated 09/24/2024 10:32 Reading time: 1 min Economy Minister Antoine Armand on France Inter, September 24, 2024. (FRANCE INTER / RADIO FRANCE) “We will work […]
CashNews.co France now has “one of the worst” public deficits in its modern history, the newly-installed Minister for Economy, Finance and Industry Antoine Armand said Tuesday. He also confirmed that new taxes on the wealthy and big businesses are on the table to get finances back in order. Armand stated that he would engage with […]
CashNews.co France is facing “one of the worst deficits in its history.” This is the observation of the new Minister of the Economy, Antoine Armand, on France Inter on Tuesday September 24. The new government is considering tax increases in next year’s budget. Michel Barnier plans “targeted levies” for the wealthiest households, and for businesses. […]
CashNews.co Published 09/24/2024 9:12 PM Video length: 2 min New government: Antoine Armand reprimanded by Michel Barnier after excluding the RN from the republican arcNew government: Antoine Armand reprimanded by Michel Barnier after excluding the RN from the republican arc(France 2) After declaring on the morning of Tuesday, September 24 on France Inter that the […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The new French government is studying options for tax increases on the wealthy and corporations in an effort to narrow widening deficits, while not undermining President Emmanuel Macron’s record of pro-business reforms. Finance minister Antoine Armand, […]
CashNews.co France’s borrowing costs briefly surpassed Spain’s for the first time since 2008 on Tuesday, reflecting investor concerns over the new French government’s ability to manage its budget deficit, LSEG data revealed. Euro zone bond yields saw a seesaw movement, initially rising before sliding into negative territory. This volatility was further compounded after a […]
CashNews.co The Paris Bourse trimmed some of its gains at the end of the session (in the wake of an uninspiring Wall Street), but clearly remains the main beneficiary of the Chinese stimulus plan – which is boosting the luxury goods sector – with the CAC40 gaining +1.28% and surpassing 7,600Pts (in volumes twice as […]
CashNews.co Any countries in continued breach of the rules are at risk of hefty EU fines. Claus Vistesen, an economist at Pantheon Macroeconomics, said bond investors are worried that the French government will struggle to meet EU demands to cut borrowing amid stiff parliamentary opposition. “Markets have started to sniff out that there is a […]