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19 Jun 24
Snap election could spook investors and hit growth
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26 Sep 23
Proposals to reduce the French government’s deficit by 2027 are “unambitious” and risk being out of step with other European Union nations, its spending watchdog has warned.
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2 May 23
Ongoing strikes could hurt the French government’s plans to reduce spending and were highlighted as a major contribution to a cut in its credit rating by Fitch.
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24 Mar 23
Raising the French retirement age could benefit the government’s fiscal balance in the medium term after an initial negative impact, but the political fallout could hurt the president’s chance of...
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17 Mar 23
French president Emmanuel Macron has tried to bypass the National Assembly to raise the retirement age – a move he sees as vital to fixing public finances – sparking countrywide protests.
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30 Jan 23
The French government has launched an initiative to reduce employment discrimination by using fake online applications.
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13 Jan 23
The French government wants to raise the retirement age to reduce the pressure swelling pension costs are placing on the country’s public finances.
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20 Oct 22
France’s PM has signalled controversial plans to push through a budget after heated rows over tax rises.
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10 Aug 22
French energy giant EDF is set to sue its own government for £7bn, after legislation imposed to cushion the impact of the cost-of-living crisis forced the company to sell energy at a loss.
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1 Aug 22
The French government’s medium-term financial strategy has underestimated inflation, overestimated GDP growth and contains “not very ambitious” deficit reduction plans, a spending watchdog has said...
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19 Jul 22
The French government is set to spend close to €10bn on purchasing shares of energy giant EDF after the country outlined plans to renationalise the company.
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7 Jul 22
The French government is set to take full control of energy giant EDF, which it said will enable the country to make “radical decisions” on its future energy plans.
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28 Jun 22
French finance minister Bruno Le Maire has said the government’s finances have reached “alert level” amid a debate over how much he can do to shield people from the rising cost of living.
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20 Jun 22
The Hungarian finance minister has vetoed the European Union’s adoption of a 15% effective minimum corporation tax rate, representing the latest setback to the implementation of the already-delayed...
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18 Feb 22
The French government is set to pump an additional €2.1bn into state owned energy company EDF to help ease income concerns.
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5 Jan 22
France’s central bank chief has predicted inflation will decrease during 2022 and European central banks will be able to unwind monetary policy support they set up amid Covid-19.
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22 Nov 21
The French government must adopt a framework which aims to reduce spending and improve governance, according to economists at the OECD.
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27 Sep 21
The French government’s ability to reduce its debt levels – which spiked due to Covid-19 – will be a key driver in future ratings, according to agency Moody’s.
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12 Jul 21
France’s large public debt poses a challenge during its economic recovery from Covid-19 but cannot be cancelled, the country’s central bank chief has said.
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6 Jul 21
France wants the European Union’s new joint debt mechanism, set up on a temporary basis to finance Covid-19 recovery spending, to be made permanent in order to drive investment in technology.
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23 Jun 21
Huge government spending amid the Covid-19 crisis and an unambitious deficit reduction plan will leave France’s public finances lagging behind its eurozone peers, the country’s national audit body...
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18 May 21
Covid-19 pushed France’s social security system to its biggest ever deficit in 2020 as health insurance costs shot up and revenues fell, the state spending watchdog has found.
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8 Mar 21
Unemployment insurance reforms aimed at reducing the deficit at state agency UNEDIC will be a credit positive move for France, according to rating’s agency Moody’s.
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14 Jan 21
Providing homeless people with immediate access to housing would have saved the French government vast sums of funding in recent years, a report from the country’s national audit office has found.
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8 Jan 21
Tariffs on French goods such as champagne, cheese and designer handbags will not be imposed by the US government as planned this week – a move that was intended as retaliation against France’s...