Latest Finance news and the economy of France
PRICE INCREASE: What’s cool in an inflationary period is that you can increase your margins without it showing (too much) When prices go up, the money has to go somewhere. And over the past two years in Europe, it has gone into the pockets of companies. It is not Karl Marx who says so, it is the International Monetary Fund […]
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COST OF LIVING: With inflation at just 3.2% in May, Spain is a good European student in the face of rising prices. But these flattering figures have not erased the difficult end of the month What if Spain had beaten inflation? In a few months, the Iberian country saw its curve fall from 10.8% to only 3.2%, […]
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Ripple and Colombia: a partnership to use the Power of the Blockchain Ripple is partnering with the central bank of Colombia to explore blockchain use cases in the South American country. Banco de la República will work with the Ministry of Information and Communications to pilot monetary projects. The bank aims to improve the country’s payment system using Ripple’s CBDC […]
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PURCHASING POWER: Household consumption in France should fall back due to prices that remain very high In 2022, French growth experienced a remarkable boom with a 2.5% increase. But the year 2023 will not be so good. The French economy is expected to grow by 0.6%, marking a marked slowdown in particular because of prices which will remain high even […]
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The Graph becomes one of the largest Ethereum applications to move to a Tier 2 layer. Ethereum is one of the most widely used blockchains in the world when it comes to supporting decentralised applications. However, its use usually involves paying high fees with relatively slow processing speed. It is due to these many drawbacks that scaling solutions like Arbitrum […]
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TREES: The young start-up from Nantes offers small forest owners the possibility of managing their plot, rather than degrading it. She just raised 5 million euros Three-quarters of the French forest belong to private owners, some of whom have difficulty maintaining the trees. This is where the young Nantes start-up Néosylva comes in, which offers these individuals […]
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INFLATION: The commitment of manufacturers to lower the prices of a hundred food products is really good news for consumers Hundreds of food products will see their prices drop from July under a commitment made to Bercy by 75 major food manufacturers, Bruno Le Maire promised on Friday. Among the products concerned, Bruno Le Maire cited […]
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ENERGY: This Thursday, the government announced the finalization of the renationalization of EDF for an amount approaching ten billion euros Nearly a year after the government’s decision to renationalize EDF and despite the obstruction of small shareholders, the state again holds, since Thursday, 100% of the capital of the French electrician. The government will thus be able to relaunch nuclear […]
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MONEY: A drop in withdrawals from cash dispensers has been observed. What are the reasons for this decline? Will they disappear? On the 6th June 2023, Panorabanques published the results of its study on French banking practices and the results raise questions. Indeed, a drop in withdrawals from cash dispensers has been observed. What are the […]
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ECONOMY: Inflation slowed markedly in May to stand at 5.1% year on year, after reaching 5.9% in April and over 6% at the start of the year Good news. After hitting record highs for several months, inflation slowed markedly in France in May. It stood at 5.1% over one year, after reaching 5.9% in April and more than 6% at […]
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