My Tiny Feed

dw.com

France's Budget Crisis

France faces economic uncertainty due to a large budget deficit, public discontent, and a potential clash with the EU. Macron's government faces a crucial vote.

Read original article in Greek

Greek

Germany

PoliticsEconomyEuropean UnionFranceEuropeBudgetCrisis

European CommissionEuropean Central BankFrench ParliamentFrench Government

Emmanuel MacronChristine LagardeMichel BarnierBruno Le MaireVilleroi De Galhau

What are the main challenges facing France's 2025 budget?: France's 2025 budget faces uncertainty due to a large deficit and potential disapproval from the European Commission and the French parliament. Macron's government is relying on potential leniency from Brussels and hopes to avoid conflict.
How is Macron responding to the economic challenges and concerns?: Macron appears unconcerned about the economic challenges facing France, betting on support from the European Central Bank and the European Commission. He seems to be relying on an unspoken rule that France will not face serious repercussions for its budgetary issues.
What are the warnings being issued by French economic authorities?: The Bank of France governor has repeatedly warned of economic risks and urged fiscal responsibility, a message unpopular with both public opinion and government officials. The country is paying the price for past economic policy missteps.
What is the timeline and potential impact of the upcoming budget vote?: The final vote on the 2025 budget is scheduled for November 19th, with potential for further conflict and uncertainty. The Christmas season could be tense in Paris if the budget isn't approved.
What is the public and market reaction to the French economic situation?: The French economy is facing a downgrade from international agencies, and the high deficit has raised concerns among citizens and markets. There's public dissatisfaction with Macron's government and its economic policies, with protests potentially resuming.

Jan 6, 01:05

Le Maire to Advise ASML on European Semiconductor Investment

Former French Economy Minister Bruno Le Maire will advise Dutch semiconductor company ASML on European investment starting January 2025, following approval from France's public transparency authority with conditions to avoid conflicts of interest; this comes as ASML considers moving production to France due to French government investment in the sector.

Jan 1, 10:06

French Political Crisis Increases Borrowing Costs Despite Stable Economy

France faces a political crisis following the dissolution of the National Assembly, threatening the 2025 budget; while economic indicators (1.1% growth, 7.4% unemployment) are not alarming, the spread between French and German borrowing rates is widening to 0.8 points, reflecting diminished investor confidence.

Dec 24, 07:11

French Political Crisis Creates Paradox for Israeli Investors

France's political crisis, triggered by the rejection of Michel Barnier's budget, has caused economic instability, increasing public debt to 113% of GDP and decreasing investor confidence, creating a paradox for Israeli investors weighing risks against potential opportunities in undervalued sectors.

Dec 16, 19:12

Lagarde Warns of US Trade Policy Risks to EU Economy

ECB President Christine Lagarde warned on Monday that US trade policies under President-elect Donald Trump could negatively impact the EU economy, citing potential tariffs and geopolitical risks as factors that could slow growth. She also hinted at further interest rate cuts if inflation continues to fall.