Financial Insights That Matter (Reuters) – France-based reinsurer Scor’s fourth quarter net profit topped market expectations on Wednesday, driven by solid performances in its main Property & Casualty (P&C) and Life & Health business lines. Its net income was 233 million euros ($247.8 million) in the final quarter of 2024, well above the average of […]
Financial Insights That Matter Paris, March 4 French Finance Minister Eric Lombard told France Info radio Tuesday that France is against using frozen Russian assets to finance Europe’s defence capacity-building. When asked if France still opposes using frozen Russian assets to finance Europe’s defence investment and aid to Ukraine, Lombard said that France believes these […]
Financial Insights That Matter French Finance Minister Eric Lombard stated that his country must accelerate the increase of its defense spending. In particular, he made this statement against the backdrop of calls for European countries to ramp up defense expenditures as Washington threatens to withdraw. This was reported by Reuters, writes Indul. Details We must […]
Financial Insights That Matter France’s Finance Minister Eric Lombard speaks during an interview on the sidelines of the G20 Finance Ministers Meeting in Cape Town, on February 27, 2025. Rodger Bosch / AFP France’s Finance Minister Eric Lombard on Tuesday, March 4, said the European Union should reach a “balanced deal” with the United States […]
Financial Insights That Matter PARIS (Reuters) – France must spend more on defence and faster, French Finance Minister Eric Lombard said on Tuesday, amid calls for European countries to step up more on defence as Washington threatens to pull back. “We must go faster and harder,” Lombard told Franceinfo. Lombard’s remarks come as France has […]
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Financial Insights That Matter French Finance Minister Eric Lombard told AFP on Thursday that the European Union would “do the same” if the United States follows through with 25 percent tariffs announced by President Donald Trump Cape Town, (APP – UrduPoint / Pakistan Point News – 27th Feb, 2025) French Finance Minister Eric Lombard told […]
Financial Insights That Matter (Reuters) – French inflation dropped below 1% for the first time in four years in February, preliminary data from statistics agency INSEE showed on Friday. France’s harmonized inflation rate, adjusted for comparison with other euro zone countries, was 0.9% year-on-year in February, INSEE said. It was the first time the rate […]
Financial Insights That Matter Treaty Residence Paramount Another measure relevant to expatriates that passed from the draft bill into the Finance Act concerns the meaning of “tax residence” in France. The General Tax Code has until now stated that the French domestic law interpretation of residence was paramount; however, this was at odds with both […]
Financial Insights That Matter French Finance Minister Eric Lombard told AFP on Thursday that the European Union would “do the same” if the United States follows through with 25 percent tariffs announced by President Donald Trump. Trump threatened Wednesday to impose 25 percent tariffs on goods imported from the European Union. “It is clear that […]