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FRANCE BUDGET TURMOIL
France heading the Greece way? Rating downgraded again, third hit in a month - economy faces full-blown credit crisisFrance is in trouble. Its credit rating fell for the third time this month. S&P cut it to A+ as debt climbs toward 121% of GDP. Political d...
France gets new Prime Minister Sebastien Lecornu - second time PM in one week. Can Emmanuel Macron save government this time?In naming Sebastien Lecornu, 47-year-old Emmanuel Macron risks the wrath of his political rivals, who have argued that the best way out of ...
France President Emmanuel Macron unveils new government but PM Sebastien Lecornu faces risk of being toppledFrance Prime Minister Sebastien Lecornu's two immediate predecessors, Francois Bayrou and Michel Barnier, were ousted in a standoff over Fr...
Eiffel Tower closed as nationwide strikes held across France against austerityFrench cities saw protests against spending cuts and for higher taxes on the wealthy. Major unions called for action amid budget talks and ...
French debt hits $4 trillion, piling pressure on new PMFrance's public debt has surged to a record 3.4 trillion euros, reaching 115.6% of GDP in the second quarter. This financial strain intensi...
French government collapse: France President Emmanuel Macron to name new Prime Minister, replacing Francois Bayrou who resigns. Snap elections to be declared?France Prime Minister Francois Bayrou is all set to submit resignation even as French President Emmanuel Macron will make big announcement ...
ECB set to hold rates steady with eye on France crisisThe European Central Bank is anticipated to maintain steady interest rates amidst controlled inflation and eased US tariff tensions, despit...
France faces more turmoil with government on brink ahead of confidence voteFrance's political scene is shaky. Prime Minister Francois Bayrou is likely to lose a confidence vote. This deepens the nation's problems a...
5 world market themes for the week aheadGlobal markets brace for a week of pivotal economic data from the U.S., China, and Japan, alongside key central bank meetings. Investors ar...
France's 30-year yield pauses near 2011 highs amid political riskFrench bond yields slightly decreased on Wednesday after hitting multi-year highs due to political uncertainty. Opposition to Prime Ministe...
Moody's downgrades France credit rating to Aa3Moody's downgraded France's credit rating to Aa3 due to political instability. The agency cited "political fragmentation" after parliament ...
Emmanuel Macron begins search for new French premier as Barnier fallsThree sources said on Wednesday that Macron aimed to appoint a replacement swiftly, with one saying he wanted to do so before a ceremony on...
Prime Minister Michel Barnier to resign as France's political crisis deepensFrench Prime Minister Michel Barnier will resign after losing a no-confidence vote, marking the shortest premiership in modern French histo...
French government felled in no-confidence vote, deepening political crisisFrench Prime Minister Michel Barnier's government collapsed after just three months following a no-confidence vote. Far-right and left-wing...
Indian market being dragged into global turmoil: BofA-MLThere is heightened anticipation in the market for the Budget 2016-17, as the external environment is weak and corporate earnings growth is...
- French economy shrinks in second quarter
The French economy shrunk by 0.3 per cent in the second quarter of 2008, the government confirmed Friday as it prepared to present an annua...
- France takes helm of EU economic policy
France takes the helm of European economic policy this week as it faces the tough task of piloting Europe past financial market turmoil and...