CashNews.co French President Emmanuel Macron. Reuters File Photo Published: Tue 3 Sep 2024, 5:04 PM France could see its budget deficit spiral unexpectedly higher this year and next if extra savings are not found, the finance ministry warned in a letter to lawmakers, as the euro zone’s second-biggest economy lurches deeper into political crisis. The […]
CashNews.co By Elizabeth Pineau and Leigh ThomasPARIS (Reuters) -France could see its budget deficit spiral unexpectedly higher this year and next if extra savings are not found, the finance ministry warned in a letter to lawmakers, as the euro zone’s second-biggest economy lurches deeper into political crisis. The deteriorating finances, which have also put Paris […]
CashNews.co France’s outgoing Minister for Economy and Finances Bruno Le Maire delivers a speech during a farewell ceremony at the French Ministry for the Economy and Finances (Bercy), in Paris, on September 12, 2024. LUDOVIC MARIN / AFP French Finance Minister Bruno Le Maire, the longest-serving senior member of President Emmanuel Macron’s government, announced on […]
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 departing finance minister Bruno Le Maire has urged the country’s next government to pursue deficit-reducing measures after public spending and debt soared under his tenure. Le Maire on Thursday got ahead of his […]
CashNews.co French Finance Minister Bruno Le Maire, the longest serving senior member of President Emmanuel Macron’s government, Thursday announced he was quitting politics ahead of the expected naming of a new cabinet next week. Some ministers are expected to stay on under right-wing Prime Minister Michel Barnier but Le Maire’s departure leaves a major post […]
CashNews.co “I’m going to do this in Lausanne, at the Université de Lausanne, and I’ll really enjoy meeting students and talking to them,” he added. In his speech Le Maire made clear that he will still be living in France, which he called “my homeland, my life, my passion.” Le Maire has been in his […]
CashNews.co Bruno Le Maire says his goodbyes two months after the shock result of France’s legislative elections, which has left a cloud of uncertainty over the country’s economy. ADVERTISEMENT France’s Finance Minister Bruno Le Maire stepped down from his role and reiterated his intention to leave politics on Thursday. “My dear friends, I am leaving. […]
CashNews.co Company Logo French Embedded Finance Market French Embedded Finance Market Dublin, Sept. 10, 2024 (GLOBE NEWSWIRE) — The “France Embedded Finance Business and Investment Opportunities Databook – 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q2 2024 Update” report has been added to ResearchAndMarkets.com’s offering. The embedded finance industry in France […]
CashNews.co PARIS (AP) — Telegram founder and CEO Pavel Durov promised to step up efforts to fight criminality on the messaging app, his first public comments since French authorities handed him preliminary charges for allegedly allowing the platform’s use for criminal activity. In a Telegram post late Thursday, Durov defended himself against the French judicial […]
CashNews.co (Bloomberg) — Japanese investors sold French sovereign bonds en masse in July, a sign that one of Europe’s safest assets has been tarnished in the eyes of some of its biggest holders. The funds offloaded ¥1.32 trillion ($9.2 billion) of French government securities in July, the biggest monthly decline in more than four years, […]