ECONOMY: On Europe 1, Friday morning, the Minister of Economy and Finance Michel Sapin has revised down its growth forecast for France in 2016. “I think it’s 1.4%,” he said. The government lowered its forecast for economic growth in 2016 from 1.5% to 1.4%, said this Friday, the Minister of Economy and Finance Michel Sapin, […]
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Standard & Poor’s confirmed its AA rating of France. This note, assumed to represent the confidence that investors can have in the ability of France to repay its loans, should be stable according to the agency. This calculation takes into account the policy of France, and in particular the budgetary and economic policies. The rating agency […]
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Michel Sapin on Wednesday defended the “serious” and “coherence” of its draft budget for 2017, rejecting the criticism by the Public Finance High Council (HCFP), which considers “unlikely” for the deficit reduction planned by the government . “This budget is serious” , assured the Minister of Economy and Finance during the press presentation of the […]
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The Minister of Economy and Finance Michel Sapin announced today a cut in taxes for the middle class. Since 2014, the government tries to reduce the tax burden. But the five-year term has been marked by a real increase. “Since 2014, the government decided to go to the French part of the efforts that had been […]
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Manuel Valls denounced the “blackmail” on part of the CGT, that blocks fuel sites to protest against the labour law … “I call on the French to yield to no panic”, the prime minister told reporters, urging motorists not to rush into petrol stations in anticipation of possible shortages, and stating that “consumption this past weekend (had) […]
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Finance Minister Michel Sapin said Wednesday that … Finance Minister Michel Sapin said Wednesday that his bill provided to smooth the effects of the threshold for auto-entrepreneurs not tripled the ceiling to qualify for this status, as had been mentioned in the press. “The idea advanced by some employers’ organizations, not by Mr Macron is […]
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While INSEE is to publish on Thursday its monthly report on the economic situation of France, the OECD presented its latest economic study to boost growth and employment in the country . A report followed closely by French Finance Minister Michel Sapin. “France has many assets,” said the OECD. “But the potential GDP growth slowed […]
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According to an article I have just read in the Le Parisien newspaper, the government has decided that it is going to cut its official fleet of cars down in size to help reduce costs. The Finance Minister, Michel Sapin told the Le Parisien that the State owns too many vehicles and that some of […]
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