Add another 19.2K people to the rolls of jobseekers in France in September. That’s worse than the 5.9K expected and brings the total number of jobseekers to a record 3432.5K.
A report in the the Financial Times (gated, but can be read with a free registration): EU tells Britain to pay extra €2.1bn Britain has been told to pay an extra €2.1bn to the EU budget within weeks on account … Continue reading
Says growth must dominate new EU commission agenda Hollande is finding life tough from all angles as he’s also facing a battle with prime minister Valls which is increasingly playing out in public. The presidential vote is still around 2 … Continue reading
I posted on this a little earlier (Der Spiegel: Germany and France in secret discussions to allow approval of France’s 2015 budget), but some more now. This time from French Economy Minister Emmanuel Macron, speaking in a joint interview with … Continue reading
Der Spiegel reports that Germany and France are secretly discussing a deal to enable the European Commission to approve France’s 2015 budget Even though it breaks past deficit-cutting commitments The two governments are working on a written agreement under which … Continue reading
Hot from the meeting with Merkel, Putin and Poroshenko, where they managed to hammer out a gas deal, the French president is back to moaning about everything. Europe is threatened with stagnation Stagnation is a greater risk than deflation French growth … Continue reading
Fitch placed France’s AA+ rating on ratings watch negative. They cite a material increase in budget deficit targets See a peak in debt-to-GDP in 2017 at 99.7% Risks to outlook remain on the downside Outlook for the French economy has … Continue reading