Financial Insights That Matter Hanoi, Vietnam, March 25, 2025 /PRNewswire/ — The French Development Finance Institution (Proparco) and the Dutch Entrepreneurial Development Bank (FMO) have signed a loan agreement worth US$80 millionof which each party invest US$40 millionwith Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB). SeABank receives investment of US$80 million from […]
US tells European companies to comply with Donald Trumpās anti-diversity order #FrenchFinance
Financial Insights That Matter Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The Trump administration has sent a letter to some large companies in the EU warning them to comply with an executive order banning diversity, equity and inclusion programmes. The […]
French deficit came in lower than expected in 2024 but risks remain #FrenchFinance
Financial Insights That Matter The French public deficit came in at ā¬169.6 billion in 2024, 5.8% of GDP, as revenues accelerated and spending did not grow as much as in the previous year. Thatās according to the French statistics office INSEEās first account of the public finances for last year, subject to revision in May. […]
French Business Activity Recovers More Than Thought on Factories #FrenchFinance
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 Globalās Composite Purchasing Managersā Index increased to 47 in March from 45.1 in February, remaining lodged well below the 50 threshold separating growth from […]
French IT group Atos wins 150 million pound contract with UK government #FrenchFinance
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 […]
French prosecutors seek seven-year sentence for Sarkozy in Libya election finance trial #FrenchFinance
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 ā¬300,000 fine for former President Nicolas Sarkozy, in connection […]
U.S. auto tariffs are very bad news for EU, says French Finance Minister #FrenchFinance
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 […]
Trump’s policies harm US economy, French central banker says #FrenchFinance
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 […]
French consumers more worried about their financial outlook in March #FrenchFinance
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 […]
French industry awaits shift in EDF strategy under new CEO #FrenchFinance
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 […]