Tag #French Economy

Showing 1 to 12 of 100 results

lemonde.fr
🌐 75% Global Worthiness
News related image

France's Soaring Debt Spurs Referendum Debate, Raising Democratic Concerns

France's €3,305 billion debt (113% of GDP) and €58 billion interest payments, alongside a 5.8% deficit, necessitate €40 billion in budget cuts for 2026; a proposed referendum on deficit reduction raises concerns about weakening parliamentary democracy.

Progress

44% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
🌐 75% Global Worthiness
News related image

France to Cut 180,000 Public Sector Jobs in Agency Restructuring

The French government plans to merge or eliminate around one-third of its roughly 1,200 state agencies by the year's end to cut costs and reduce the public-sector budget deficit to meet European Union requirements, potentially resulting in tens of thousands of job losses.

Progress

56% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 85% Global Worthiness
News related image

French Court Threatens to Reject State Accounts for 19th Year

The French Court of Auditors threatened to refuse certification of the 2024 government accounts for the 19th consecutive year due to significant unresolved issues, criticizing the government's handling of the budget and resulting 5.8% GDP deficit, while expressing slightly improved outlook for 2025.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
News related image

B&M Shares Surge on Strong Sales Despite UK Slump

B&M European Value Retail's shares rose 3.8% to 310.5p on Tuesday after reporting £5.6 billion in sales for the year ending March 29, exceeding expectations despite a 3.1% drop in UK like-for-like sales, offset by growth in France and new store openings.

Progress

36% Bias Score

Decent Work and Economic Growth
liberation.fr
🌐 75% Global Worthiness
News related image

France Announces €5 Billion Spending Cut to Meet Debt Targets

The French government announced a €5 billion reduction in public spending, partly reallocating funds to defense, to meet its debt reduction targets amid economic slowdown and international instability, aiming for a 5.4% deficit in 2025 and under 3% by 2029.

Progress

48% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
News related image

France Unveils Citizen Investment Fund to Double Military Spending

The French government launched a citizen investment fund for the military industry, aiming to double defense spending to €100 billion by 2030, despite economic challenges and public sensitivity to social programs.

Progress

48% Bias Score

Decent Work and Economic Growth
lexpress.fr
🌐 85% Global Worthiness
News related image

Bayrou Unveils Plan to Reduce French Deficit, Proposes Unprecedented Referendum

French Prime Minister François Bayrou announced a comprehensive plan to reduce the country's deficit and debt by 2026, aiming for a 3% deficit within four years, and proposed a referendum to overcome political gridlock, a move unprecedented in the Fifth Republic.

Progress

48% Bias Score

Reduced Inequality
lemonde.fr
🌐 75% Global Worthiness
News related image

Bayrou's 'Work More' Claim Ignores Deeper French Economic Issues

French Prime Minister François Bayrou attributes France's economic challenges to insufficient work hours, a claim refuted by data showing French employed workers' annual hours exceed those in several neighboring countries; deeper issues like underinvestment and skill gaps are highlighted as more imp...

Progress

44% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 75% Global Worthiness
News related image

France's 2029 Deficit Reduction Plan Faces Scrutiny

France plans to reduce its budget deficit to below 3% of GDP by 2029, a target questioned by the High Council of Public Finances due to uncertain growth forecasts and potential economic shocks; the plan, however, complies with EU requirements.

Progress

48% Bias Score

Reduced Inequality
lefigaro.fr
🌐 75% Global Worthiness
News related image

France Permanently Imposes High-Earner Tax

France's government has permanently established a 20% tax on incomes exceeding €250,000 (single) or €500,000 (couple), generating an estimated €2 billion annually, as part of broader efforts to secure €40-50 billion in additional revenue for the 2026 budget.

Progress

52% Bias Score

Reduced Inequality
lefigaro.fr
🌐 75% Global Worthiness
News related image

France Prioritizes Growth Over Deficit Target Amidst US Tariff Uncertainty

French Economy Minister Eric Lombard stated that despite potential economic consequences from US tariffs, the government won't implement further tax increases or public spending cuts, implying the 5.4% deficit target for 2025 might not be met. An April 15th conference will assess the situation and d...

Progress

48% Bias Score

Decent Work and Economic Growth
lexpress.fr
🌐 85% Global Worthiness
News related image

France Faces Skills Crisis, Driving Corporate Training Investment

French Minister Astrid Panosyan-Bouvier announced increased investment in education on January 22, 2025, citing France's falling OECD rankings in skills and productivity and a projected shortage of 54,000 engineers within five years, prompting companies to create their own training programs.

Progress

40% Bias Score

Quality Education

Showing 1 to 12 of 100 results