Tag #French Economy

Showing 13 to 24 of 146 results

lexpress.fr
🌐 85% Global Worthiness
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French Businesses Cite Political Instability as Top Challenge

French business leaders, including those at the Medef, concur with Jean-Luc Mélenchon that political instability, particularly the potential dissolution of the National Assembly in 2024 and the influence of Donald Trump, significantly harms investment and growth.

Progress

36% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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French PM Faces No-Confidence Vote Amidst Austerity Crisis

French Prime Minister François Bayrou faces a crucial no-confidence vote on September 8th regarding a €44 billion austerity budget aimed at reducing France's deficit to 4.6% of GDP, amidst widespread public opposition and a fragmented parliament.

Progress

64% Bias Score

Reduced Inequality
lexpress.fr
🌐 75% Global Worthiness
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France's Social Security Deficit: Insufficient Work Fuels Reform Debate

France's social security system faces a significant deficit due to insufficient work, despite relatively high average working hours. Proposed solutions include eliminating two public holidays, restricting unemployment access, and encouraging older workers' participation.

Progress

56% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 85% Global Worthiness
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France Plans to Eliminate Two Public Holidays to Boost Budget

The French government aims to increase its budget by €4.2 billion in 2026 by eliminating Easter Monday and May 8th as public holidays, prompting negotiations with labor unions by September 30th and facing strong opposition.

Progress

48% Bias Score

Decent Work and Economic Growth
lexpress.fr
🌐 75% Global Worthiness
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France Proposes Holiday Cuts to Reduce Deficit, Amid High Unemployment

To address France's national deficit, the government proposed eliminating two public holidays, aiming to increase yearly working hours by 15 for full-time employees; this is coupled with a contested unemployment insurance reform, while data comparisons with other European countries mask France's hig...

Progress

48% Bias Score

Decent Work and Economic Growth
liberation.fr
🌐 85% Global Worthiness
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French Livret A Savings Rate Cut to 1.7%

France's Livret A savings account interest rate will decrease to 1.7% on August 1st, 2024, down from 2.4%, impacting the 600 billion euros held in Livret A and LDDS accounts. This decision is based on lower inflation and interbank interest rates, offering relief to social housing and reducing bank i...

Progress

44% Bias Score

Reduced Inequality
faz.net
🌐 85% Global Worthiness
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French Finance Minister Lombard Faces Uncertain Future After Government's Impending Fall

French Finance Minister Eric Lombard's position is uncertain following Prime Minister François Bayrou's surprise confidence vote, which is expected to lead to the government's collapse on September 8th, creating political instability and market uncertainty.

Progress

16% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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French PM Faces No-Confidence Vote Over €44 Billion Austerity Budget

French Prime Minister Francois Bayrou is facing a no-confidence vote on September 8th over a €44 billion austerity budget aimed at reducing the deficit to 4.6% of GDP, risking a political crisis and potential IMF intervention if it fails to pass parliament.

Progress

44% Bias Score

Reduced Inequality
lemonde.fr
🌐 65% Global Worthiness
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SFR Fined €860,000 for Late Supplier Payments

French telecommunications company SFR was fined €860,000 by the DGCCRF for late payments on 175 invoices in 2022, highlighting a broader issue of inter-company payment delays impacting French SMEs and prompting government plans to increase penalties to 1% of turnover.

Progress

40% Bias Score

Decent Work and Economic Growth
liberation.fr
🌐 65% Global Worthiness
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French Summer Sales Plummet Amidst Heatwave and Fast Fashion Competition

French summer sales ended July 22nd with disappointing results: a 5% drop in in-store sales and a 3% decline in online sales compared to last year, due to a heatwave, the rise of private sales, and competition from fast fashion giants like Shein and Temu.

Progress

44% Bias Score

Responsible Consumption and Production
elpais.com
🌐 85% Global Worthiness
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France Unveils €43.8 Billion Austerity Plan Amid Soaring Debt

French Prime Minister François Bayrou announced a €43.8 billion austerity plan for 2026 to tackle France's soaring debt, exceeding 114% of GDP, including public spending cuts, tax increases, and a 'blank year' freezing pensions and social benefits, facing significant political opposition.

Progress

48% Bias Score

Reduced Inequality
lexpress.fr
🌐 75% Global Worthiness
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France Cuts Livret A Savings Rate to 1.7%

France's Banque de France will lower the Livret A savings account rate to 1.7% on August 1st, a significant decrease from 2.4%, due to reduced inflation and interbank rates; this impacts savers, banks, and social housing.

Progress

40% Bias Score

Reduced Inequality

Showing 13 to 24 of 146 results