Tag #French Economy

euronews.com
🌐 75% Global Worthiness
News related image

French Stocks Underperform Amidst Political Uncertainty and Global Economic Headwinds

French stocks are experiencing potentially their worst year since 2008 due to investor concerns about political instability, trade wars, and a cost of living crisis; the CAC 40 index is down 3% year-to-date, underperforming compared to other major European indexes such as the Stoxx 50 (up 7.96%) and...

Progress

44% Bias Score

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

Paris Tourism Booms After Olympics and Notre-Dame Reopening

Post-Olympic Paris sees a tourism boom, with hotel bookings surging nearly 70% during the Christmas holidays, driven by the Games' global reach and Notre-Dame's reopening, attracting 1.3 million international air arrivals (Nov 1st-Dec 8th).

Progress

48% Bias Score

Sustainable Cities and Communities
lefigaro.fr
🌐 75% Global Worthiness
News related image

Record \$20 Billion in French Savings Interest Payments Expected

French banks are set to pay out over \$20 billion in savings interest by January 1st, 2025, a record high driven by high household savings rates (18.2% of gross disposable income in Q3 2024), though a decrease is expected in 2025 due to falling interest rates.

Progress

40% Bias Score

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

France Forms New Government Amidst Economic and Political Crisis

France's new government, led by Prime Minister François Bayrou, was announced on Monday, incorporating prominent figures from across the political spectrum. The cabinet aims to address a severe political blockage primarily centered on the 2025 budget, and France's high public debt of €3.3 trillion (...

Progress

52% Bias Score

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

France Faces Slow Growth and Rising Unemployment in 2025

France's economy is expected to experience weak growth (0.2%) in the first half of 2025 and rising unemployment (7.6%) by mid-year due to insufficient job creation and the impact of pension reform, while the employment rate is at a record high and self-employment is increasing.

Progress

48% Bias Score

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

Vencorex Strike Threatens 13,000 Jobs Amidst Chinese Competition

A strike at Vencorex's Pont-de-Claix site, ongoing since October 23rd, threatens 3,000 direct and 10,000 indirect jobs due to the company's financial difficulties stemming from Chinese competition and a partial takeover offer from Wanhua that would save only a fraction of the jobs.

Progress

44% Bias Score

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

France's 2025 Budget: Pension Hikes, Housing Changes, and New Social Policies

France's 2025 budget introduces a 2.2% base pension increase costing \u20ac6.5 billion, stricter housing energy standards impacting G-rated properties, a new value-sharing scheme for SMEs, and universal France Travail enrollment for RSA beneficiaries, plus a new children's health record.

Progress

12% Bias Score

No Poverty
lefigaro.fr
🌐 75% Global Worthiness
News related image

French Bond Yields Surge Despite New Government Appointment

France's new government has failed to soothe market concerns, as 10-year bond yields remain high, exceeding 3.2% and creating a significant spread against Germany, mirroring the reaction after June's surprise dissolution of the National Assembly; the large deficit and upcoming elections fuel uncerta...

Progress

48% Bias Score

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

French Q3 2024 Finance Law: 57.58 Billion Payment Credit Increase

During Q3 2024, payment credits under the 2024 Finance Law (LFI) increased by 57.58 billion to 5,859.14 billion due to credit deferrals for internally-funded capital expenditures; this involved spending shifts across goods/services, transfers, and investments, alongside a 34.5% execution rate for fo...

Progress

20% Bias Score

Reduced Inequality
lemonde.fr
🌐 85% Global Worthiness
News related image

France's Soaring Public Debt: €3.3 Trillion and Rising

France's public debt has risen to €3.3 trillion by the end of Q3 2024 (113.7% of GDP), projected to increase to 120% by 2027 due to persistent high spending and the impact of recent events like Cyclone Chino in Mayotte; the government plans to issue €300 billion in debt in 2025.

Progress

48% Bias Score

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

France's Stagnant Economy Threatens 2025 Growth Target

France's economic growth stagnated in Q4 2024, with a projected 0.2% increase in the first two quarters of 2025, hindering the government's 1.1% growth target; this is due to decreased public spending and investment uncertainty, impacting employment and overall economic recovery.

Progress

44% Bias Score

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

France's 2025 GDP Growth Cut to 0.9% Amidst Political Uncertainty

The Banque de France lowered its 2025 French GDP growth forecast to 0.9% due to political uncertainty and budget delays, projecting 7.8% unemployment and 1.6% inflation; growth is expected to rebound to 1.3% in 2026-2027.

Progress

40% Bias Score

Decent Work and Economic Growth