CashNews.co October 15, 20242024-1892 French Government releases draft Finance Bill for 2025 The French Government has presented the draft Finance Bill for 2025. This Tax Alert summarizes key tax reforms in the draft Bill that may affect corporations, including: (i) creation of an exceptional contribution based on the Corporate Income Tax due by large companies; […]
Emmanuel Macronâs pro-business agenda undercut by French budget plan #FrenchFinance
CashNews.co Companies in France are bracing for a salvo of tax rises and higher labour costs in a deficit-cutting budget that risks undermining seven years of pro-business policies pushed by President Emmanuel Macron. Conservative premier Michel Barnier, who leads an uneasy power-sharing government with Macronâs centrists, on Thursday unveiled budget proposals that include tax increases […]
French government’s draft budget based on ‘optimistic’ hypotheses, says expert body #FrenchFinance
CashNews.co Pierre Moscovici, president of the Court of Accounts, at the Court’s presentation of its annual financial report, in Paris, on March 12, 2024. DIMITAR DILKOFF/AFP After two years of France’s public deficit spectacularly increasing, due to forecasting errors and perhaps a dose of deception, is the 2025 draft budget that Prime Minister Michel Barnier […]
France Credit Rating Cut to Negative by Fitch on Wider Deficits #FrenchFinance
CashNews.co (Bloomberg) — Fitch Ratings put France on negative outlook a day after the government presented its 2025 budget, delivering a rapid critique of Prime Minister Michel Barnierâs efforts to deal with a sharp deterioration in public finances. Most Read from Bloomberg The ratings firmâs reproach comes after it already downgraded France to AA- from […]
Valery Giscard dâEstaing | Biography & Facts #FrenchFinance
CashNews.co ValĂ©ry Giscard d’Estaing (born February 2, 1926, Koblenz, Germanyâdied December 2, 2020, Loir-et-Cher, France) was a French political leader, who served as the third president of the Fifth Republic of France (1974â81). Giscard was the eldest son of a prominent French financier and economist and member of a patrician family. He attended the Ăcole […]
Franceâs belt-tightening budget aimed at regaining control over debt, says Finance Minister #FrenchFinance
CashNews.co PARIS (Reuters) â French finance minister Antoine Armand said on Friday that a belt-tightening budget was aimed at regaining control over a âcolossalâ debt, adding that the government was keeping a close eye on how financial markets viewed the French debt situation. âWe must regain control over our debt,â Armand told France 2 TV. […]
France’s belt-tightening budget aimed at reining in debt: Finance minister #FrenchFinance
CashNews.co The government delivered on Thursday its 2025 budget with plans for 60 billion euros ($65.5 billion) worth of spending cuts and tax hikes on the wealthy and big companies to tackle a soaring fiscal deficit. Reuters Last Updated : 11 October 2024, 07:17 IS Follow Us : Comments Read More #cashnews #French #finance
French official: Paris hopes to shape future climate finance in a pragmatic way #FrenchFinance
CashNews.co Climate crisis has a negative impact on people’s lives across the world, especially among the most vulnerable countries and communities, French Minister of Energy, Olga Givernet, said at the ministerial meeting on climate and development (C&DM) during the second day of Pre-COP29 in Baku, according to Report. “That’s why it was important for France […]
France’s belt-tightening budget aimed at reining in debt, finance minister says #FrenchFinance
CashNews.co PARIS – France’s belt-tightening budget is meant to regain control over its “colossal” debt burden, Finance Minister Antoine Armand said on Friday, adding that the government was keeping a close eye on the views of financial markets. The government delivered on Thursday its 2025 budget with plans for 60 billion euros ($65.5 billion) worth […]
Main spending cuts and tax increases in France’s 2025 budget #FrenchFinance
CashNews.co Item 1 of 5 French Economy, Finance and Industry Minister Antoine Armand and Junior Minister for Budget and Public Accounts Laurent Saint-Martin arrive to attend a press conference to present French government 2025 budget bill at the Bercy Finance Ministry in Paris, France, October 10, 2024. REUTERS/Abdul Saboor [1/5]French Economy, Finance and Industry Minister […]