Search Results for: France
France to miss deficit target
September 11th, 2014
France’s finance minister Michel Sapin has said the country will not achieve a 3% EU budget deficit target. France’s budget deficit will be around 4.4% of GDP in 2014, drop to 4.3% next year, and will not go below ...
IMF’s Lagarde urges France for structural reforms
September 8th, 2014
The head of the International Monetary Fund (IMF) is urging France to speed up structural reforms to bolster economic growth and warning against using weak inflation as an excuse to relax public deficit reduction efforts. In an interview with ...
I.M.F. Chief, Lagarde, Under Investigation in France
August 27th, 2014
Christine Lagarde, the head of the International Monetary Fund, said on Wednesday that French prosecutors had placed her under formal investigation over a murky business affair that dates to her time as finance minister under former President Nicolas Sarkozy. ...
France claims victory in Alstom deal with US rival GE
June 23rd, 2014
The boss of French rail and energy group Alstom says the $17bn (£10bn) deal to sell off most of its power generation business to US rival General Electric will protect France’s interests and save jobs. “ a combination ...
France Confirms Tax Cuts
June 16th, 2014
The French Finance Ministry has presented a supplementary finance bill to the Council of Ministers, which provides for income tax relief worth over EUR1bn (USD1.4bn) for low-paid earners, a one-year extension to the corporate tax surtax, and commits to ...
France vetoes foreign investment
May 15th, 2014
The French government is broadening its authority to intervene when foreign companies want to buy firms the state considers vital, including in the sectors of transport, health and communications. The order released Thursday goes into effect immediately, potentially giving ...
UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%
January 26th, 2024
KEY POINTS Data from industry body Innovate Finance shows that global investment in fintechs sank to $51.2 billion in 2023, down 48% from 2022. Despite that, the UAE saw total investment soar 92%, thanks in part to more fintech-friendly ...
Tourism: €572 billion gross value added in the EU. The countries with the highest shares of tourism
April 21st, 2023
In 2019, the last year before the COVID-19 pandemic heavily hit the tourism sector, the gross value added directly generated by tourism amounted to an estimated €572 billion, or 5% of the total gross value added in the EU ...
Europe stocks lower with earnings season off to volatile start
April 21st, 2023
European stock markets are slightly lower on Friday after investors reacted sharply to corporate earnings. The pan-European Stoxx 600 was flat at the open before declining 0.22%, with major bourses narrowly in the red. Sectors were mostly lower, with ...
European stocks are seen opening on a flat note
October 12th, 2022
European stocks are seen opening on a flat note Wednesday after five consecutive sessions of losses. Recession worries persist with U.S. President Joe Biden conceding Tuesday in an interview that a “very slight” recession was possible. U.S. stock futures ...
