Tag #French Economy

lexpansion.lexpress.fr
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France's Bayrou Government Sets Higher Deficit Target for 2025

France's Bayrou government targets a 5.4% public deficit for 2025, exceeding the previous government's 5% goal, due to negotiations with parliament and potentially less favorable economic growth forecasts.

Progress

48% Bias Score

Reduced Inequality
lemonde.fr
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French Government Negotiates 2025 Budget with Opposition Parties

French ministers met with opposition parties on January 8th to negotiate the 2025 budget, engaging in detailed, line-by-line discussions to overcome political opposition and reach a consensus before further talks next week.

Progress

32% Bias Score

Reduced Inequality
lexpress.fr
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French Public Trust in Businesses Surges Amidst Political Distrust

A recent Ipsos survey reveals a surge in French public trust towards large companies (48%), exceeding confidence in political leaders and institutions; this shift is attributed to the perceived reliability and resilience of businesses during the Covid-19 crisis.

Progress

48% Bias Score

Decent Work and Economic Growth
lexpansion.lexpress.fr
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France Passes Emergency Budget Law After Government Censure

The French Parliament unanimously passed a temporary budget law on December 18th, authorizing the government to function until a proper 2025 budget is adopted, following the censure of Prime Minister Michel Barnier's government.

Progress

36% Bias Score

Reduced Inequality
faz.net
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France's New Finance Minister Aims for Austerity Budget Amidst Political and Economic Challenges

France's new Finance Minister, Bruno Le Maire, aims to pass a budget by mid-February, reducing the deficit to around 5 percent through spending cuts, facing political resistance and economic uncertainty.

Progress

44% Bias Score

Reduced Inequality
lemonde.fr
🌐 75% Global Worthiness
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France Eases Public Procurement Access for SMEs Amidst Looming Debt Crisis

France's new government enacted two decrees in late December 2024 to simplify public procurement for SMEs, offering limited relief amid a looming debt crisis that may curb public spending in 2025, despite a previous, stalled, reform aiming to streamline the €171 billion public procurement market.

Progress

40% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 65% Global Worthiness
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French Mortgage Rates Plummet, Offering Significant Savings to Borrowers

French mortgage rates have fallen more than 1% since December 2023, saving borrowers substantial sums and prompting predictions of further decreases to an average of 2.5% by year-end, due to banks' competitive strategies.

Progress

52% Bias Score

Reduced Inequality
lexpress.fr
🌐 85% Global Worthiness
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French Competitiveness Crisis: Bureaucracy and Global Competition

French business leaders warn of a national competitiveness crisis caused by excessive bureaucracy, highlighting the US's deregulation as a key factor and predicting severe economic consequences from the EU's upcoming corporate vigilance directive.

Progress

60% Bias Score

Decent Work and Economic Growth
pt.euronews.com
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France's New Government Targets Deficit Reduction Amidst Political Challenges

France's new government plans to reduce its 2025 deficit to 5-5.5% of GDP, raising €50 billion through tax increases and spending cuts, aiming for a 3% deficit by 2029, despite political challenges and warnings about relying on temporary emergency legislation.

Progress

48% Bias Score

Reduced Inequality
lexpress.fr
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Bayrou Government's Higher Deficit Target Compared to Barnier's

France's Bayrou government targets a 5.4% public deficit for 2025, higher than the Barnier government's 5% target, reflecting ongoing negotiations with Parliament to determine a final figure; this decision prioritizes political dialogue over immediate fiscal consolidation.

Progress

40% Bias Score

Reduced Inequality
lexpress.fr
🌐 85% Global Worthiness
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French Economy Faces Sharp Decline Amidst Rising Business Failures and Unemployment

France's economy is experiencing a sharp decline, with nearly 65,000 businesses failing in the last year—a 10% increase compared to the 2010-2019 average—amidst rising unemployment, decreased productivity, and high government debt following the dissolution of the National Assembly.

Progress

52% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
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France's New Finance Minister Targets 5 Percent Budget Deficit

France's new finance minister, Eric Lombard, plans a 2025 budget with a deficit "slightly above" 5 percent, prioritizing economic growth and aiming for a reduction from the projected 6 percent deficit in 2024, contrasting with the previous government's austerity measures that led to its collapse.

Progress

48% Bias Score

Decent Work and Economic Growth