It looks like Mr Hollande is facing some serious problems. Aside from failed promises over fixing unemployment, and lack of ability to drag France out of its economic slump, he’s now been hit with incendiary claims from his former girlfriend in … Continue reading
51.1 prev composite 49.5 vs 50.0 vs exp/prev
The yield on the French 2-year note has broken the zero bound at -0.002%. In other words, you now pay the French government to hold your money.
Highlights of the French Jobseekers report from the Labour Ministry. Prior reading was 3398.3K Net change 26.1K vs 14.5K expected Prior net change was +9.4K Fresh record high and another 26,100 people on the dole.
French Economy Minister Arnaud Montebourg, speaking to a meeting in eastern France on Sunday said that the time has come for France to resist Germany’s “obsession” with austerity and promote alternative policies across the euro zone that support household consumption: “France … Continue reading
France’s fiscal shortfall and revisions illustrate the continuing challenges facing the euro area Rigidities in product markets and costly regulatory requirements for firms also put downward pressure on France’s growth prospects Moody’s casting their judgment on the fact that France … Continue reading