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Economy

Inflation in France hits its lowest level in four years in February

France is standing out from the crowd, other leading European economies including Germany and Spain reported higher inflation for February.

Economy

French inflation sees a jump in January as service prices rise

Energy and manufacturing product prices also contributed to higher inflation in January, as France continues to deal with increased political upheaval.

Europe News

France's National Rally disinclined to censure prime minister

RN leader Jordan Bardella cited the risk of instability if the current executive were to be overthrown — and the Socialist Party has also announced that its MPs should not support a motion tabled by the far-left LFI.

Economy

French inflation holds steady, raising hopes for further rate cuts

Inflation came in below the ECB’s 2% target, a spot of relief for French policymakers contending with budget deficit woes.

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Economy

French inflation holds steady in December as energy prices rebound

Rising energy prices boosted France's December inflation figure although falling service costs managed to offset the gain.

Economy

French budget talks: Pension reform must remain, says business boss

The warning comes as France's government meets party representatives, hopeful of winning support for a new budget bill.

Economy

Eurozone economy figures see slowdown for last month of 2024

Shrinking business activity was driven entirely by the manufacturing sector, with France being the weakest-performing out of the three biggest economies within the eurozone.

Markets

French stocks heading for worst annual run in years

French stock indices like the CAC 40 have suffered this year, dragged down by a slow down in the luxury sector, as well as increasing fears about France’s political stability.

Markets

French government bonds under pressure after Moody's downgrade

The yield on 10-year French debt rose to more than 3%, on the first trading day after the credit rating agency unexpectedly cut France's debt rating.

Economy

Eurozone services rebound in December, but political woes linger

Eurozone services rebounded in December, lifting overall activity despite a manufacturing slump and job cuts. Germany and France remain in contraction, weighed by political uncertainty. Inflationary pressures persist, keeping the ECB's interest rate path uncertain.

Economy

French central bank expects zero growth in fourth quarter

The bank's monthly survey shows a rising uncertainty among businesses in Europe's second-biggest economy.

Europe News

Mercosur: what’s new, what's next in the deal?

The agreement reached by the European Commission contains new provisions which seek to respond to the opponents of the agreement. But the process that must follow the political agreement reached on Friday is far from a done deal for the European executive.

Europe News

French farmers block Bordeaux port in fourth day of nationwide protest

Proponents of the EU-Mercosur deal argue it would boost economic ties between Europe and South America by removing tariffs on exports, notably for machinery, chemicals and cars. However, the deal is widely seen as not beneficial for the agricultural sector.

Culture news

Luc Besson in favour of government’s higher taxes for wealthiest

The filmmaker behind films like 'Leon' and 'The Fifth Element' states that he is in favour of the French government’s announcement regarding a “temporary and exceptional contribution” for the wealthiest households. “Shame on those rich people" he said of those who opposed the measure.

Economy

French lawmakers vote in favour of new tax on wealth of billionaires

A majority of lawmakers supported the proposition from the far-left LFI party, despite warnings from the incumbent government.

Economy

Will France's looming tax hikes force wealthy citizens to move away?

The French government is desperate to find savings of €60bn next year, part of it is going to be sourced through 'exceptional' and 'temporary' tax hikes.

Economy

France’s new PM Barnier confirms tax hikes for larger companies

Michel Barnier, France's new prime minister, has confirmed that taxes for bigger companies and richer citizens will be raised, in an attempt to plug the growing hole in the country's public finances.

Economy

France sells €12bn worth of bonds in last auction before budget

France finished its last bond offering worth €12bn on Thursday, as the country waits for Michel Barnier, the new prime minister, to announce the budget for 2025. It's expected to focus on plans to reduce France's deficit and boost investor confidence.

Business

France mulls business tax hikes: What does it mean for investors?

The new levy, if accepted by parliament, could cost more than one-fourth of the expected growth in earnings for the biggest companies traded on the French stock exchange, according to a report.

Economy

French government mulls tax increase for large companies

The executive is reportedly examining a range of plans to reduce the public deficit, including a temporary tax on companies making more than €1 billion per year.