Budget deficit significantly higher than planned 2024-03-22 00:53:15

UIn French public finances, things are apparently worse than previously known. According to consistent media reports, new debt was likely to have been 5.5 to 5.6 percent last year, and this year there is a risk that the target will be missed again. France’s Budget Minister Thomas Cazenave did not want to confirm these figures … Read more

“All major supermarket chains controlled in the coming days”, announces Le Maire

By Le Figaro with AFP Published on 02/01/2024 at 1:56 p.m., Updated on 02/01/2024 at 2:59 p.m. “More than 500 contracts with their main suppliers will be controlled,” said the Minister of the Economy. BENOIT TESSIER / REUTERS The Minister of the Economy also announced “more than 10,000 checks on the French origin of products”, … Read more

Olivia Grégoire: “I want to dust off the meal voucher”

2023-12-16 02:43:56 This Monday, December 18, senators are studying the bill which should extend the possibility of making food purchases with meal vouchers for the entire year 2024, before final adoption expected on December 21. But a thorough overhaul is also planned. Olivia Grégoire, Minister Delegate in charge of Trade, who is responsible for the … Read more

Bercy relaxes the conditions for obtaining real estate loans to revive them

2023-12-04 20:00:34 The Ministry of the Economy is trying to raise the bar in real estate. To counter a market in free fall, Bercy and the Banque de France have marginally adjusted the rules governing real estate credit and called for a careful examination of banks’ refusals in this area. “I proposed three technical adjustments” … Read more

The meal ticket, a new marker of food inflation

2023-11-15 13:40:58 After announcing the end of the use of meal vouchers for food products in supermarkets at the end of 2023, the government backpedaled under pressure from parliamentarians who saw it as a bad signal in the midst of inflation. The French should therefore be able to continue using them to do their shopping … Read more

New price of electricity: what consequences for individual bills?

2023-11-14 21:48:51 No less than three ministers – Bruno Le Maire for the Economy, Agnès Pannier-Runacher for the Energy Transition and Roland Lescure for Industry -, accompanied by Luc Rémont, the CEO of EDF, gathered this Tuesday morning in Bercy to present the new electricity price regulation system, which guarantees a price of around 70 … Read more

Fitch maintains France’s AA- rating and stable outlook

2023-10-27 22:12:50 The rating agency Fitch has maintained the French debt rating at AA-, six months after having downgraded it, as well as the outlook, considered stable, according to a press release published Friday. If France can boast of having “a large, rich and diversified economy, strong and efficient institutions and macro-financial stability (…) its … Read more

Public debt: Fitch agency maintains France’s “AA-” rating

2023-10-28 09:25:33 The rating agency Fitch has maintained the French debt rating at AA-, six months after having downgraded it, as well as the outlook, considered stable, according to a press release published Friday. If France can boast of having “a large, rich and diversified economy, strong and efficient institutions and macro-financial stability (…) its … Read more