The French government has announced a mini budget and alongside the spending cuts they want to offer €1.1bn of tax relief for low income households. They’ve revised down the 2014 estimated tax intake but have kept the overall public deficit … Continue reading
Vladimir Putin will be in France on Friday and will meet up with Angela Merkel too. The meeting has been organised after a phone conversation between the two and both were urging coordinated steps for Ukraine de-escalation. I wonder if … Continue reading
The writers at the UK’s Telegraph must be under some sort of “incite fear” instruction. AEP has been at it for years (here is his latest); and here’s a piece from another there: A new French revolution is about to … Continue reading
Jobseekers in France rose to 3364.1K in April, a rise of almost 25K and higher than the 3354K consensus. The euro ticked to a session low of to 1.3590 shortly before the headlines.
There’s ratings updates coming after the market close tonight tomorrow for the UK, France, Holland, Spain, Greece and Slovenia. S&P, Moodys, Fitch and DBRS are all due to publish. Under the new rules ratings agencies can only make announcements after … Continue reading
Econ minister Michel Sapin is speaking in France’s national assembly. France forecasts 1.0% growth for 2014 and 1.5% for 2015. With growth numbers like that it’s no surprise investors are flooding into the eurozone
The IMF are out with a report and they say that it will be remarkable if Francois Hollande achieves his spending cuts and he has no room to miss them. They are upbeat on the direction of fiscal policy and … Continue reading
Says Euro region states help cash strapped states to help themselves Granting governments more time to meet deficit targets means the time has to be used The French are always welcoming of being told what to do.
Canada just lost to France… FRANCE at the ice hockey world championships in a shootout. That’s the ultimate shame. Forget the EUR/CAD breakdown yesterday, it’s over for the loonie.
French President Francois Hollande has been out in the French press warning that voting for anti-euro parties in the upcoming EU elections risks unravelling the EU. In France’s Le Monde he said “As a result of the economic crisis, certain … Continue reading