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French economy

  • Thursday, 10 October, 2024
    French PM Michel Barnier unveils shock therapy in 2025 budget

    Minority government bets on mix of spending cuts alongside tax rises on companies and the wealthy

    Prime Minister Michel Barnier arrives for a weekly cabinet meeting at the Élysée Palace in Paris on Thursday, October 10
  • Tuesday, 1 October, 2024
    French politics
    French Prime Minister Michel Barnier announces tax rises and spending cuts

    New premier says ‘colossal debts’ leave him no choice but to break with Macron’s economic policies

    Michel Barnier delivers his general policy speech at the National Assembly in Paris on Tuesday
  • Thursday, 26 September, 2024
    Free LunchMartin Sandbu
    Digging into France’s fiscal mess Premium content

    It has always been a high-tax, high-spend country, so why have things been getting worse?

    A morning rush hour commuter walks near skyscrapers in the La Defense business district in Paris, France. The person is silhouetted against the backdrop of modern glass buildings and reflections.
  • Wednesday, 25 September, 2024
    Global Economy
    OECD presses governments on fiscal discipline, ‘but not austerity’

    Paris-based organisation says big economies have ‘turned a corner’ on inflation and need to consolidate budgets

    The OECD logo is seen at its headquarters in Paris, France
  • Tuesday, 24 September, 2024
    France’s new government considers tax rises on businesses and the rich

    New finance minister says ‘targeted levies’ on wealthiest households and corporations are being studied

    Finance minister Antoine Armand waves at photographers as he arrives for the first cabinet meeting of the new Barnier government in Paris on Monday
  • Tuesday, 24 September, 2024
    France’s borrowing costs converge with Spain’s as budget concerns grow

    Gap between two countries’ 10-year bond yields falls to lowest level since 2008

    French Prime Minister Michel Barnier at his first cabinet meeting
  • Monday, 23 September, 2024
    France asks Brussels for extra delay on spending plans

    Paris says it will submit road map on compliance with EU fiscal rules by October 31

    French Prime Minister Michel Barnier
  • Thursday, 12 September, 2024
    France’s departing finance minister urges discipline on deficit

    Bruno Le Maire defends his seven-year tenure blighted by deterioration of public finances

    Bruno Le Maire waves after attending a farewell ceremony
  • Sunday, 8 September, 2024
    French politics
    France asks EU for more time to submit debt plan

    New PM Michel Barnier works to put together a government against backdrop of worsening public finances

    Exterior of France’s ministry of economics and finance in Bercy, Paris
  • Tuesday, 3 September, 2024
    French finance minister Le Maire warns of worsening public finances

    Lower than expected revenues and extra spending at local and regional level threaten to increase budget deficit

    Bruno Le Maire speaks into a microphone during an event. He is wearing a dark suit and tie, with an EU flag visible in the background.
  • Wednesday, 21 August, 2024
    French caretaker PM outlines spending freeze in ‘reversible’ 2025 budget

    Gabriel Attal admits budgetary proposals will probably be changed by new government

    Gabriel Attal, France’s prime minister
  • Wednesday, 31 July, 2024
    Laurence Boone
    France’s political impasse threatens a decade of solid economic progress

    Parliamentary manoeuvres aimed at denying influence to extremist parties risk causing a backlash in the future

    Marine Le Pen takes a selfie with supporters at a market in Henin-Beaumont, northern France
  • Tuesday, 30 July, 2024
    Eurozone economy
    Eurozone economy grows 0.3% over second quarter

    Economists say data marginally raises chances of ECB cutting rates again at next meeting

    Robotic arms move batteries in a car factory in Germany
  • Thursday, 25 July, 2024
    Eurozone economy
    French and German falls in business confidence raise prospect of ECB cut

    Dip in readings signals eurozone’s two largest economies are heading for a downturn

    Tourists and customers walk down a shopping street below Sacré-Cœur basilica of Montmartre in Paris, France on July 22 2024
  • Thursday, 25 July, 2024
    Paris Olympics
    Paris brasseries and shops reel from Olympics lockdown

    Low footfall before Games raises doubts among locals over scale of immediate economic boost for France

    A restaurant on the Boulevard Saint Michel in Paris
  • Monday, 15 July, 2024
    France’s national auditor sounds alarm over public finances

    Eurozone’s second-largest economy is ‘dangerously exposed’ to new crisis after failing to control deficits and debt

    Pierre Moscovici, chair of the Cour des comptes
  • Thursday, 11 July, 2024
    French central bank chief warns of political uncertainty ‘shock’

    François Villeroy de Galhau says investments are drying up amid fears of increased taxes

    A protester holds a placard during a demonstration against the far right in Bordeaux, south-west France, last month
  • Tuesday, 9 July, 2024
    Corporate France bids adieu to Macron’s pro-business agenda

    Many are relieved to see extremes neutralised, but political gridlock and rise of the left sparks concern

    City workers in the La Defense business district of Paris
  • Monday, 8 July, 2024
    Instant InsightKatie Martin
    Messy French politics point to broader malaise for investors

    Stasis, squabbling and posturing mean results may be more a surprise in style than substance

    People wave French flags as they react to projected results after the second round of the legislative elections, Sunday
  • Wednesday, 3 July, 2024
    News in-depth
    Will political turmoil sink French bonds?

    Electoral upheaval and flagging growth are putting spotlight on debt vulnerability

  • Monday, 1 July, 2024
    LexFrench parliamentary election 2024
    French markets rally may prove rose-tinted Premium content

    Turnout and the degree of fragmentation in first-round voting add to the uncertainty

    Marine Le Pen meets supporters in northern France on Sunday
  • Friday, 28 June, 2024
    The Long ViewKatie Martin
    How not to blow up your bond market

    Political powers in France and UK need to demonstrate competence that keeps markets on side

    Liz Truss and Kwasi Kwarteng at a Birmingham construction site
  • Friday, 28 June, 2024
    French parliamentary election 2024
    Wealthy French make post-election contingency plans

    ‘The question we get asked most frequently is if money is safe in France’

    Luxury yachts
  • Friday, 28 June, 2024
    Special ReportParis 2024: Games and Legacy
    What Paris should learn from London 2012 Olympic legacy

    Against the historical odds, the UK capital’s games were a marked economic success

    Jamaican sprinter Usain Bolt celebrates on the track by performing his iconic pose, with one arm extended upwards and the other bent across his chest. He is wearing his national colors and has a Jamaican flag draped around his neck
  • Thursday, 27 June, 2024
    FT MagazineSimon Kuper
    I’m bullish about France, but few agree

    The election is the culmination of a gloomy picture that has been 50 years in the making

    A cartoon wolf in a top hat with a red, white and blue feather sticking out of it is eating a bird that is also red, white and blue
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