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 […]
Financial Insights That Matter EDF Group’s chief executive Luc Rémont has hit back at the national French auditor’s claims that the energy company should delay its investment in UK nuclear power project Sizewell C. He said the regulated asset base (RAB) model for financing the Suffolk nuclear power station, where the cost of development is […]
Financial Insights That Matter PARIS (Reuters) – Any moves to pursue financial deregulation by the incoming U.S. administration would increase the risk of a financial crisis occurring one day, France’s central bank governor warned on Wednesday. U.S. President-elect Donald Trump’s return to office has raised the prospect of radical changes to the U.S. regulatory framework […]