Will wait with assessment of French postponement of deficit cuts until he sees 2015 French budget And there was me thinking the EU ran things
You can put your house on France being “Aware” of its responsibility but getting them to work on it is a whole different kettle of fish. The ministry says that Europe needs France to have a strong economy. Earlier on … Continue reading
Says Mistral delivery depends on ceasefire Will re-consider sale at end of October Says no other country asked to join NATO at summit Has no doubt about winning a confidence vote 16th September Hollande has called a confidence vote in … Continue reading
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.
Speaking this morning at a Socialist party gathering in La Rochelle said the ECB’s decision to cut interest rates in June was a “strong signal” but more was needed The ECB is finally acting to sustain growth but it must … Continue reading
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.
has no plans to resign Lagarde will appeal against the decision Source close to IMF head Lagarde being quoted on Reuters The case relates to her involvement in a EUR 403m compensation award made to the disgraced tycoon, Bernard Tapie, … Continue reading
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