The Winter Sales Start in Uncertainty and Without the Old Euphoria

CONSUMPTION: The official start of bargain hunting at the Winter Sales starts at 8 o’clock in the Parisian department stores … Starting signal for the winter sales in France. They start on Wednesday for six weeks amid uncertainty after a lackluster season for retailers facing consumers now accustomed to promotions throughout the year. The official …

France: The Trade Deficit in November

The surge in exports, which rose 5.3% in November against 0.7% in October, has reduced the trade deficit in France. It was 4.4 billion euros against 5.2 billion in October. Customs, which issued the information indicates that this beautiful healthy exports in November  “due mainly to the performance recorded for transport (in particular aviation) and …

Eurozone: Inflation Takes off in December

Economic: The recovery in energy prices contributed to the increase in inflation in the euro zone in December 2016. Good news for the ECB according to experts. Inflation in the euro area continued to accelerate in December to 1.1%, against 0.6% in November, driven by a rise in energy prices, according to preliminary estimates released …

SNCF: 1200 Jobs To Go in 2017

The unions voted unanimously against the projections of the SNCF plans to cut about 1,200 jobs in 2017, 0.8% of the workforce by not replacing thosr who are retiring. These forecasts were presented to trade unions yesterday afternoon at the central committee of the public railway group. Although they have a negative opinion, it is only …

Saint-Nazaire: A Huge Order of 3,700 Tanks for the Army

INDUSTRY: The Acmat factory owned by Renault Trucks Defence wins the order from the State … The Acmat plant, specializing in the construction of military vehicles, has just received the order of 3,700 light armored vehicles on behalf of the French army, announced Jean-Yves Le Drian, the Minister of Defense this Thursday. The order was in fact …