CashNews.co French Finance Minister Bruno Le Maire, the longest serving senior member of President Emmanuel Macron’s government, Thursday announced he was quitting politics ahead of the expected naming of a new cabinet next week. Some ministers are expected to stay on under right-wing Prime Minister Michel Barnier but Le Maire’s departure leaves a major post […]
France’s finance minister Le Maire leaving politics to teach in Switzerland – POLITICO #FrenchFinance
CashNews.co “I’m going to do this in Lausanne, at the Université de Lausanne, and I’ll really enjoy meeting students and talking to them,” he added. In his speech Le Maire made clear that he will still be living in France, which he called “my homeland, my life, my passion.” Le Maire has been in his […]
French Finance Minister Bruno Le Maire steps down #FrenchFinance
CashNews.co Bruno Le Maire says his goodbyes two months after the shock result of France’s legislative elections, which has left a cloud of uncertainty over the country’s economy. ADVERTISEMENT France’s Finance Minister Bruno Le Maire stepped down from his role and reiterated his intention to leave politics on Thursday. “My dear friends, I am leaving. […]
France Embedded Finance Business Report 2024: Revenues will Increase from $4.04 Billion in 2024 to Reach $10.35 Billion by 2029 #FrenchFinance
CashNews.co Company Logo French Embedded Finance Market French Embedded Finance Market Dublin, Sept. 10, 2024 (GLOBE NEWSWIRE) — The “France Embedded Finance Business and Investment Opportunities Databook – 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q2 2024 Update” report has been added to ResearchAndMarkets.com’s offering. The embedded finance industry in France […]
Telegram CEO defends himself against French charges in first public comments #FrenchFinance
CashNews.co PARIS (AP) — Telegram founder and CEO Pavel Durov promised to step up efforts to fight criminality on the messaging app, his first public comments since French authorities handed him preliminary charges for allegedly allowing the platform’s use for criminal activity. In a Telegram post late Thursday, Durov defended himself against the French judicial […]
French Bonds Suffer Exodus of Japanese Cash in Sign of Fragility – BNN Bloomberg #FrenchFinance
CashNews.co (Bloomberg) — Japanese investors sold French sovereign bonds en masse in July, a sign that one of Europe’s safest assets has been tarnished in the eyes of some of its biggest holders. The funds offloaded ¥1.32 trillion ($9.2 billion) of French government securities in July, the biggest monthly decline in more than four years, […]
Michel Barnier promises respect for ‘all political forces’ as French PM #FrenchFinance
CashNews.co President Emmanuel Macron has named the EU’s former Brexit negotiator Michel Barnier as France’s next prime minister in a bid to break a post-election political stalemate. Barnier, 73, is a veteran of France’s conservative Les Républicains, a party Macron has wooed to find a candidate with a shot at commanding majority support in the […]
French inflation revised notch down to 2.6% in May #FrenchFinance
CashNews.co (Reuters) – Consumer prices in France rose 2.6% year-on-year in May, statistics office INSEE said on Friday, slightly revising down its preliminary reading of a 2.7% increase published in late May. EU-harmonised year-on-year inflation in the bloc’s second-biggest economy accelerated in May in comparison to the April reading of 2.4%. This slight acceleration is […]