Financial Insights That Matter The French public deficit came in at €169.6 billion in 2024, 5.8% of GDP, as revenues accelerated and spending did not grow as much as in the previous year. That’s according to the French statistics office INSEE’s first account of the public finances for last year, subject to revision in May. […]
Financial Insights That Matter (Bloomberg) — Private-sector business activity in France contracted less than anticipated, with an uptick in manufacturing unable to offset continued political uncertainty. Most Read from Bloomberg S&P Global’s Composite Purchasing Managers’ Index increased to 47 in March from 45.1 in February, remaining lodged well below the 50 threshold separating growth from […]
Financial Insights That Matter PARIS (Reuters) – French IT group Atos (ATO.PA) has won a five-year contract worth 150 million pounds ($193.5 million) with Britain’s Department for Environment, Food and Rural Affairs, the company said on Wednesday. The contract covers DEFRA’s service desk, with the aim of transitioning the department’s 34,000 users into a single […]
Financial Insights That Matter The allegations can be traced back to 2011, when a Libyan news agency and Gaddafi himself said that the Libyan state had secretly funnelled millions of euros into Sarkozy’s 2007 campaign. ADVERTISEMENT French prosecutors have requested a seven-year prison sentence and a €300,000 fine for former President Nicolas Sarkozy, in connection […]
Financial Insights That Matter PARIS, March 27 (Reuters) – U.S. President Donald Trump’s plan to impose a 25% tariff on imported cars and light trucks starting next week is “very bad news” and the only solution for now is for the European Union to raise its own tariffs, French Finance minister Eric Lombard said on […]
Financial Insights That Matter PARIS (Reuters) – The Trump administration is unsettling the multilateral economic system, harming the U.S. economy in the process and to a lesser extent Europe as well, the head of France’s central bank said on Wednesday. “Through his decisions and reversals, Mr. Trump destabilizes the multilateral system,” Francois Villeroy de Galhau […]
Financial Insights That Matter French consumers are more pessimistic about their future finances but are a little more open to making bigger purchases. ADVERTISEMENT French consumer confidence decreased to 92 in March, down from 93 in the previous month, according to INSEE. This number was below analyst expectations of 94, while also remaining below the […]
Financial Insights That Matter By Forrest Crellin PARIS (Reuters) – Bernard Fontana, France’s nominee to head state nuclear company EDF, would face a daunting to-do list if he gets the job, with his most pressing task being to conclude months of tense talks with French industry over the price of long-term power supply. A new […]
Financial Insights That Matter JERUSALEM: The Palestinian foreign ministry condemned on Sunday an Israeli decision to recognize more than a dozen new settlements in the occupied West Bank, upgrading existing neighborhoods to independent settlement status. The decision by Israel’s security cabinet was a show of “disregard for international legitimacy and its resolutions,” said a statement […]
Financial Insights That Matter Deccan HeraldPossible US-EU trade war is ‘idiotic,’ says French finance minister Eric LombardParis: French Finance Minister Eric Lombard said on Friday that a possible trade war between the European Union and its ally the United States would be….1 week ago Boost Your Financial Knowledge and Achieve Stability Discover a growing online […]