Livret A maintained at 3%, PEL, LEP: all about Le Maire’s announcements on savings

2023-07-13 12:10:48 It will ultimately not keep pace with inflation. The rate of remuneration of the booklet A will be maintained at 3% and guaranteed for 18 months, announced Thursday, July 13 the Minister of Economy and Finance, Bruno Le Maire, on TF1, following the recommendations made earlier in the day by the Bank of … Read more

French Economy Predicted to Keep a Modest Pace in Q2: Banque de France

2023-06-08 18:18:23 By Le Figaro with AFP Posted yesterday at 8:18 p.m., Update yesterday at 8:43 p.m. The Banque de France estimates that the peak of inflation is “probably reached”. ERIC GAILLARD / REUTERS The Banque de France forecasts growth of 0.1% in the second quarter. The French economy should continue to resist modestly in … Read more

French Law Mandates Acceptance of Cash Payments: A Guide for Merchants and Consumers

2023-06-07 17:05:29 By Lisa Empress Posted yesterday at 7:05 p.m., Update yesterday at 7:25 p.m. Cash in euros is the only means of payment that cannot be refused in France. Want Romain / Stock Adobe In the event of refusal to pay in cash, merchants are liable to a fine of 150 euros. Whether it … Read more

France and its inhabitants are not competitive on the world stage

430,000 cross-border workers residing in France cross the border daily to work in Switzerland, Germany, Belgium, Monaco or Spain, bringing in 25.5 billion euros in 2021 (last known figure). Philipp von Ditfurth/dpa via Reuters Connect ANALYSIS – Our fellow citizens work better abroad than in our country. Does the French genius express itself better outside … Read more

GDP growth is expected to slow to 0.3% in 2023, Banque de France predicts

This slowdown will be followed by a rebound in growth to 1.2% in 2024 and 1.8% in 2025. The growth of the French economy will experience a sharp decline in speed in 2023, still affected by the energy crisis and inflation, before rebounding over the following two years, the Banque de France projected on Saturday. … Read more

the rate of pay will not increase on November 1

Despite an inflationary context, the Banque de France will not grant an increase in this investment, although a decree gives it the possibility of doing so for the beginning of next month. While the remuneration of A booklet increased from 1 to 2% on August 1, a further increase will not be granted to savers … Read more