Financial Insights That Matter PARIS (Reuters) – France is set to see weak but steady economic growth through the first half of next year as a political drama over the 2025 budget weighs on consumers and businesses, the official INSEE statistics agency said on Tuesday. The euro zone’s second-biggest economy is likely to have stagnated […]
French central bank trims growth outlook on political drama – Global Banking #FrenchFinance
Financial Insights That Matter Published : 8 hours agoon 17/12/2024 PARIS (Reuters) – France’s economy will grow more slowly than expected in the next two years as its home-grown political turmoil adds to the global volatility weighing on activity, the central bank forecast on Monday in its quarterly outlook. After growth of 1.1% this year, […]
Pension fund of the year: AG2R-LA-MONDIALE :: Environmental Finance #FrenchFinance
Financial Insights That Matter French pension fund and life insurer AG2R-LA-MONDIALE has used its growing investments in private equity to finance French businesses, helping them create jobs and infrastructure to fund sustainable growth. The group’s growing private equity portfolio now consists of 200 funds, managed by 93 general partners (GPs), representing a cumulative commitment […]
ALTA Congratulates Rep. French Hill on House Financial Services Chairmanship #FrenchFinance
Financial Insights That Matter WASHINGTON, Dec. 16, 2024 /PRNewswire/ — The American Land Title Association (ALTA)the national trade association of the land title insurance industry, released the following statement on the election of Rep. French Hill (R-AR) as Chairman of the U.S. House Financial Services Committee: American Land Title Association (PRNewsfoto/American Land Title Association) “The […]
French Bonds, Stocks Slip After Moody’s Downgrades Credit Rating #FrenchFinance
Financial Insights That Matter (Bloomberg) — French bonds and stocks lagged peers after Moody’s Ratings cut the country’s credit rating, putting more pressure on officials after far-right leader Marine Le Pen toppled the previous prime minister over a budget dispute. The yield on 10-year French debt rose three basis point on Monday to 3.07%, increasing […]
French stocks lead declines in Europe after Moody’s downgrade, PMI data #FrenchFinance
Financial Insights That Matter By Sruthi Shankar (Reuters) -French stocks led losses across European markets on Monday after a surprise ratings downgrade by Moody’s, while signs of easing strain on euro zone business activity failed to enthuse investors. France’s blue-chip CAC 40 dropped 0.7% after credit ratings agency Moody’s unexpectedly downgraded the country’s rating on […]
STOXX closes up; French stocks outperform on expectations of new budget #FrenchFinance
Financial Insights That Matter By Joao Manuel Vincent Maurice and Johann M Cherian (Reuters) -European shares eked out gains on Friday, with French stocks logging their biggest daily rise in three weeks as investors factored in a potential budget despite ongoing political uncertainty, while also parsing an upbeat U.S. jobs report. The pan-European STOXX 600 […]
French Credit Rating Cut on Crisis That Imperils Finances #FrenchFinance
Financial Insights That Matter (Bloomberg) — Moody’s Ratings cut France’s credit grade, heaping pressure on the new government to bring a ballooning deficit under control after far-right leader Marine Le Pen toppled the previous prime minister over a budget dispute. Most Read from Bloomberg In an unscheduled change, Moody’s lowered its assessment of the euro […]
French Fund Meridiam Shows Growing Interest in Great Sea Interconnector #FrenchFinance
Financial Insights That Matter The French multinational investment fund Meridiam is actively pursuing entry into the Great Sea Interconnector project, a landmark energy initiative connecting the power grids of Greece, Cyprus, and Israel. According to OT, the fund engaged in recent discussions regarding the project with Greece’s Minister of Environment and Energy, Theodoros Skylakakis, and […]
French Hill named next House Financial Services panel chair #FrenchFinance
Financial Insights That Matter Rep. French Hill, R-AR, has been chosen as the next chairman of the House Financial Services Committee, following the retirement of the committee’s current chair, Rep. Patrick McHenry, R-NC, at the end of his term. “I am humbled that my colleagues have placed their trust in me to lead the House […]