Tag #French Economy

lexpress.fr
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French Assembly Approves Bill Amid Income Tax Indexation Dispute

The French National Assembly will likely adopt a bill today, despite rejecting amendments to index income tax to inflation due to constitutionality concerns; this could affect 380,000 households, while the government faces pressure to address this in future legislation.

Progress

52% Bias Score

Reduced Inequality
lemonde.fr
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French 2025 Salary Increases: 1.32% Average Masks Two-Tiered System

A Groupe Alpha study reveals a 1.32% average salary increase in France for 2025, but this masks a two-tiered system; companies offering base salary increases average 2.33%, while 42.6% provide only bonuses, impacting purchasing power differently across employee groups.

Progress

44% Bias Score

Reduced Inequality
lefigaro.fr
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"Parisian Gaming Clubs to Close Due to French Government Collapse"

"Seven Parisian gaming clubs, generating €50 million annually for public authorities, will close December 31st, 2024, due to budget issues resulting from the French government's collapse, jeopardizing 1500 jobs."

Progress

52% Bias Score

Decent Work and Economic Growth
euronews.com
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French Budget Crisis: Deficit to Rise if New Budget Isn't Approved

French Prime Minister Barnier's resignation leaves France without a 2025 budget, potentially increasing the deficit to 6.3-6.6% of GDP if the 2024 budget is extended, exceeding EU limits and raising debt refinancing costs; a new Prime Minister will be appointed, but a swift budget adoption is improb...

Progress

36% Bias Score

Reduced Inequality
gr.euronews.com
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French Government Collapse Shakes Nation's Tech Sector

The collapse of France's government this week has severely damaged the confidence of its technology and innovation sectors, jeopardizing crucial investments and future growth amid global competition.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
africa.chinadaily.com.cn
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No-Confidence Vote Brings Down French Government

A no-confidence vote in the French National Assembly forced Prime Minister Michel Barnier's resignation Wednesday evening, after 331 deputies voted in favor, exceeding the 289 required, leaving France with less than one month to approve the 2025 budget amidst a projected economic slowdown and high d...

Progress

44% Bias Score

lemonde.fr
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French Households Shift to Low-Risk Savings Amid Economic Uncertainty

Amid economic uncertainty and potential tax increases, 40% of French households plan to adjust their savings, with 60% of high-income earners considering changes; 54% favor low-risk, liquid savings despite low returns, reflecting a trend towards capital preservation.

Progress

36% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
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France's Economy to Show Minimal Growth in Q4 Despite Political Instability

France's economy is expected to show minimal growth in the fourth quarter, avoiding a decline despite concerns from business leaders; this follows a 0.4% expansion in Q3 driven by Paris Olympics tourism, but the post-Olympic decline is expected to trim 0.2 percentage points from fourth-quarter growt...

Progress

44% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 85% Global Worthiness
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French Economy Faces Recession Amidst Political Instability

French business leaders warn of a looming recession following the fall of the Barnier government and the subsequent budget rejection, citing a record number of business failures and a decline in foreign investment.

Progress

60% Bias Score

Decent Work and Economic Growth
kathimerini.gr
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French Bond Yields Rally on Budget Deal Hopes

French government bond yields are rallying due to expectations of a new government forming a 2025 budget agreement, pushing the spread with German bonds below 73 basis points—levels last seen on November 19, when fears of Marine Le Pen bringing down the government arose.

Progress

52% Bias Score

Reduced Inequality
pt.euronews.com
🌐 85% Global Worthiness
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French Budget Crisis: Deficit to Rise, Refinancing Costs Increase

The resignation of French Prime Minister Barnier leaves France without a valid budget, potentially increasing the public deficit to 6.3-6.6% of GDP and raising refinancing costs. The EU's 3% deficit limit is at risk, while a special law might be needed to maintain tax collection and social security ...

Progress

36% Bias Score

Reduced Inequality
bbc.com
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French Government Collapses After No-Confidence Vote

French Prime Minister Michel Barnier's government collapsed Wednesday following a no-confidence vote in the National Assembly, triggered by his controversial use of special powers to pass a budget aiming for a €60 billion deficit reduction, marking the first such event since 1962.

Progress

40% Bias Score

Peace, Justice, and Strong Institutions