CashNews.co Finance Minister Antoine Armand said France wonāt accept artificial budget deadlines from Marine Le Pen even as the far-right leader gave her strongest indication yet that sheās prepared to topple the government as soon as this week. Le Penās National Rally has threatened to support a no-confidence motion unless Prime Minister Michel Barnier tweaks […]
French finance minister says budget can still be improved ā ThePrint ā ReutersFeed #FrenchFinance
CashNews.co PARIS (Reuters) ā French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions. Ratings agency Standard & Poorās gave Prime Minister Michel Barnierās fragile minority government a rare reprieve late on Friday […]
Nigeria and France sign infrastructure and finance deals #FrenchFinance
CashNews.co Nigeriaās presidential spokesperson Bayo Onanuga said on Friday that the deals, signed the previous day during President Bola Tinubuās state visit to Paris, included a 300 million euro investment plan to support critical infrastructure, healthcare, transportation, agriculture, renewable energy and human capital development across Nigeria. Nigeriaās finance minister Wale Edun and French economy minister […]
French 10-Year Borrowing Costs Match Greeceās for First Time #FrenchFinance
CashNews.co (Bloomberg) — Franceās benchmark bond yield matched Greeceās for the first time on record, the latest milestone in a week marked by mounting anxiety over the fate of Prime Minister Michel Barnierās government. Most Read from Bloomberg The rate on 10-year French notes, traditionally considered among the safest in the euro area, briefly rose […]
Facing far-right ultimatum, French finance minister says budget can still be improved By Reuters #FrenchFinance
CashNews.co By Leigh Thomas PARIS (Reuters) -French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions. France’s budget deficit has spiralled out of control this year, pressuring French government bonds, although ratings agency […]
French finance minister says budget can still be improved #FrenchFinance
CashNews.co PARIS (Reuters) – French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions. Ratings agency Standard & Poor’s gave Prime Minister Michel Barnier’s fragile minority government a rare reprieve late on Friday […]
Ethiopia inks economic cooperation agreement with AFD and Expertise France ā Welcome to Fana Broadcasting Corporate S.C #FrenchFinance
CashNews.co Addis Ababa, November 29, 2024 (FBC) ā The Ministry of Finance of the Federal Democratic Republic of Ethiopia, the French Development Agency (AFD), and Expertise France have signed an economic cooperation agreement aimed at expanding and strengthening their partnership. The agreement focuses on mobilizing highly qualified expertise and supporting public policies in sectors such […]
Is France heading for a Greek-style debt crisis? #FrenchFinance
CashNews.co Franceās borrowing costs have surpassed those of Greece as investors fret about the French governmentās ability to pass a deficit-trimming budget ā and its ability to survive at all. The far-right Rassemblement National, led by Marine Le Pen, has threatened to back a censure motion against the government as soon as next week unless […]
French bonds – 10Y Are Considered the Safest in Europe #FrenchFinance
CashNews.co Political uncertainty in France is taking a toll on investor confidence in its economy, with French bonds taking a hit, driving the stock market downward and pushing 10-year borrowing costs higher to levels comparable to Greece ā a symbolic threshold that has sparked alarm. Media was sent into a tizzy following a headline grabbing […]
French 10-Year Borrowing Costs Match Greeceās for First Time ā BNN Bloomberg #FrenchFinance
CashNews.co (Bloomberg) — Franceās benchmark bond yield matched Greeceās for the first time on record, the latest milestone in a week marked by mounting anxiety over the fate of Prime Minister Michel Barnierās government. The rate on 10-year French notes, traditionally considered among the safest in the euro area, briefly rose to 3.03% before paring […]