Debt: Fitch agency maintains France’s rating, Bruno Le Maire “determined” to restore finances

2023-10-28 11:28:14 After Moody’s on October 21, the rating agency Fitch maintained France’s rating “AA-”, six months after having downgraded it, while being concerned about the high level of public deficit. If France can boast of having “a large, rich and diversified economy, strong and efficient institutions and macro-financial stability (…) its public finances, and … Read more

Deciphering the Complexities of France’s Budget Battle: Tax Increases, Social Benefits, and More

2023-08-20 17:29:33 By Julie Ruiz Posted 54 minutes ago, Updated 24 minutes ago Economy Minister Bruno Lemaire. GONZALO FUENTES/REUTERS DECRYPTION – It’s time to save money. But the equation is complex for Bercy, who has promised not to raise taxes. Tax increases, elimination of tax loopholes and social benefits are under consideration. This will be, … Read more

Bruno Le Maire in seduction operation with Chinese investors

2023-07-29 14:27:55 “I tell you with great frankness: Chinese investors are welcome in France.” After the Choose France summit in May, and a new record amount of foreign investment announced, the Minister of the Economy wants to go even further. And reaches out to Chinese investors, bluntly. Speaking during the Franco-Chinese high-level economic and financial … Read more

What to remember from the Aix Economic Meetings

2023-07-10 11:00:00 Among the most interesting speakers, two guests stood out: Véronique Bédague (Nexity) and Sophie Binet (CGT). The first, during a round table on “What choices for society?”, warned that we would have to go through a very tough period before the situation improves – which is why hope should be cultivated, l eye … Read more

In Aix, the Mayor prepares minds for a difficult budget

2023-07-09 15:36:57 The Minister of Economy and Finance, Bruno Le Maire, Saturday, at the Economic Meetings of Aix-en-Provence. Cost Laurent/ABACA The promises of tax cuts, in particular on production, seem compromised. The Economic Meetings of Aix-en-Provence, which took place from Thursday evening to Sunday, are traditionally for politicians the opportunity to sow a few small … Read more

Tax loopholes: the Court of Auditors warns of too high a cost for the State

2023-07-07 10:56:10 A fitting note. While the government is working on the next finance bill (PLF 2024) to redress the public accounts, the Court of Auditors has just post a note to encourage the executive to consider the cost of tax loopholes. Because the tax advantages and tax reductions – which benefit individuals and businesses … Read more

Recent Riots in France: Updates and Efforts for Restoration

2023-07-04 18:32:00 Before the mayors of more than 300 municipalities gathered at the Elysée Palace, the Head of State first said he was “very cautious” about the prospect of a return to calm, while considering that the “peak” of First nights was “past”. He therefore confirmed “exceptional means” to guarantee “sustainable, republican order” and “maintain … Read more