CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. France has asked the European Commission for a further delay in submitting its budgetary plans for the next few years, as Brussels grows increasingly concerned about Paris’s ability to rein in spending. The newly […]
French Premier Eyes Business Taxes, Warns Debt in ‘Grave’ State #FrenchFinance
CashNews.co (Bloomberg) — French Prime Minister Michel Barnier said his new government could increase taxes for big business and the wealthiest as it seeks to repair runaway budget deficits and keep the faith of bond markets. Most Read from Bloomberg “Our country is in a very grave situation — €3 trillion ($3.3 trillion) of debt […]
KPMG names Stephane Souchet leader of Corporate Finance arm in France #FrenchFinance
CashNews.co KPMG has named Stephane Souchet as the new leader of its Corporate Finance practice in France. Having served as a partner within KPMG’s Deal Advisory division for the past eight years, Stephane Souchet now steps up to lead the Corporate Finance service line, which has a team of around a dozen partners and over […]
Duo of Macron loyalists at helm of France’s Economy and Finance Ministry will ensure continuity #FrenchFinance
CashNews.co A view shows the Bercy Economy and Finance Ministry over the Pont de Bercy bridge and the River Seine in Paris, France, September 19, 2024. ABDUL SABOOR / REUTERS The “Bercy fortress” – the name of the massive building that houses the economy and finance ministry in Paris – is about to burst. New […]
Pressure mounts on France’s Barnier not to raise taxes despite budget disaster – POLITICO #FrenchFinance
CashNews.co Barnier and Attal were supposed to speak again on Wednesday, but their meeting was delayed, according to Barnier’s office. Floating the idea of new taxes, however, could be a a political tactic — a way for Barnier “to start flirting with the left” and seeking their support, a former minister from Macron’s camp told […]
Interim govt has new priorities, Finance Adviser tells French Ambassador #FrenchFinance
CashNews.co Finance Adviser Dr Salehuddin Ahmed on Sunday said the interim government has new priorities and those might not match with the priorities of previous Awami League government. He made the statement while briefing reporters after French Ambassador to Bangladesh Marie Masdupuy called on him at his Finance Ministry office at the Secretariat. Responding to […]
Macron Names a New French Government as Budget Battle Looms #FrenchFinance
CashNews.co Breadcrumb Trail Links PMN Business French President Emmanuel Macron appointed Antoine Armand as finance minister, thrusting a 33-year-old with limited political experience into an urgent budget battle in which he must maintain tacit support from the far right to avoid government collapse. Author of the article: Bloomberg News James Regan and William Horobin Published […]
Macron Appoints Armand as France’s New Finance Minister #FrenchFinance
CashNews.co (Bloomberg) — French President Emmanuel Macron appointed Antoine Armand as finance minister, thrusting a 33-year-old with limited political experience into an urgent budget battle in which he must bring fiscal discipline while maintaining tacit support from the far right to avoid government collapse. Most Read from Bloomberg He will be flanked as budget minister […]
French private equity firm snaps up €70 million seafood group #FrenchFinance
CashNews.co The group owns around 30 vessels and operates seven processing plants. The group supplies a range of products, including tuna, toothfish, octopus, shrimp, seaweed, pelagic species and bottom fish, to mass retailers, foodservice operators, industrial clients and others.Photo: Shutterstock Read More #cashnews #French #finance
French budgetary situation ‘very serious’: prime minister #FrenchFinance
CashNews.co The public finances are Barnier’s prime concern (JEFF PACHOUD) France’s budgetary situation is “very serious”, Prime Minister Michel Barnier told AFP on Wednesday, saying more information was needed to gauge the “precise reality” of French public finances. France was placed on a formal procedure for violating European Union budgetary rules before Barnier became head […]