France releases billions of aid to Air France and Renault during Covid-19 crisis

Covid-19: France Releases 7 Billion Euros in Aid for Air France and 5 Billion for Renault

To cope with the disastrous consequences of the coronavirus epidemic on certain French companies, the government has released emergency aid. The French and Dutch states have promised massive aid to save Air France-KLM from the disastrous consequences of the coronavirus epidemic, with ten billion euros in direct or bank loans. The French Minister of Economy Bruno Le Maire […]

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Bruno Le Maire, the Minister of the Economy, announced that he wanted all businesses to be able to reopen on May 11th, bars and restaurants aside.

Bruno Le Maire Wants “All Shops” Except Bars and Restaurants to Reopen on May 11th

The Minister of Economy and Finance has however excluded bars, cafes and restaurants which will be subject to “specific treatment”. A total return to normal? A gradual recovery? Case by case? If any questions remain three weeks before deconfinement, the government is trying to be reassuring despite the vagueness that surrounds May 11th. Example this Thursday 23rd April 2020 with Bruno […]

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127 dead and 5,423 people infected with coronavirus in France

Coronavirus: 127 Dead and 5,423 People Infected, Update on the Situation in France

This Sunday 15th March 2020, the government reports 36 new deaths and more than 900 additional contaminations linked to coronavirus covid-19. The coronavirus balance sheet has further increased in France. This Sunday, March 15, 2020, as the country moved for the municipal elections, the Minister of Health Olivier Véran announced 36 new deaths and more than 900 additional infected people, for a total of […]

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The French government expects French growth to slow down and business activities will be penalized in 2020 by the coronavirus.

Coronavirus: The French Economy is Suffering, Government Measures for Businesses

Bruno Le Maire, the Minister of Economy, estimated this Monday noon that the coronavirus would have a “severe impact” in 2020 for French businesses and growth. New crisis meeting at his government. While the coronavirus continues to rage in France, with 19 deaths observed according to the last report, more than one trader is worried about the […]

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Bruno Le Maire announces price limits for hydroalcoholic gels

Coronavirus: Bruno Le Maire Announces Price Limits for Hydroalcoholic Gels

EASY MONEY: The prices of these handwashing gels have sometimes increased wildly in response to demand because of the fears of coronavirus A decree will be taken Wednesday to regulate the prices of hydroalcoholic gels after “isolated cases” of “unacceptable prices” against the background of the coronavirus crisis, said Wednesday the Minister of Economy Bruno Le Maire. “I announce to you that […]

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Coronavirus is affecting the growth of economy in France

Coronavirus: According to Bruno Le Maire, the Epidemic Cost France 0.1 Points of Growth

The Minister of Economy, Bruno Le Maire, assesses the impact of the coronavirus on French growth at -0.1%. If the epidemic continues, the impact could be greater. The coronavirus outbreak could halt French growth by 0.1 percentage point in 2020, French Economy Minister Bruno Le Maire said on Thursday. Admit that we are not too far from the peak of […]

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Pôle Emploi announce a reduction of job seekers in France

Pôle Emploi: The Drop in the Number of Unemployed is Confirmed in the 4th Auarter of 2019

UNEMPLOYMENT: The number of job seekers in category A fall by 1.7% (–55,700) at the end of 2019 according to the Pôle Emploi The decline continues for unemployment. According to Dares figures published on Monday, the number of people registered with Pôle Emploi and required to look for a job (categories A, B, C) stood at 5.44 million people in […]

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The Livret A rate will fall from February 2020 to its floor level of 0.5%, as foreseen by its new calculation formula.

Savings: Livret A will drop from 0.75% to 0.5% in February

With this measure, the Minister of Economy Bruno Le Maire intends to stimulate the funding of public policies and encourage the French to diversify their investments. End of the suspense for the Livret A: the rate will fall from February 2020 to its floor level of 0.5%, as foreseen by its new calculation formula. This was announced Wednesday 15th […]

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Economy Minister Bruno Le Maire has spoken from Japan, two days after the failure of negotiations between Renault and competitor Fiat Chrysler

Renault: The French State says it is Ready to Reduce its Share in the Capital

The French manufacturer, Renault could see the state lower its stake in the capital. and could yield 15%, according to the Minister of Economy Bruno Le Maire. The priority is to “consolidate the alliance” Renault-Nissan before considering a rapprochement with another manufacturer, said Saturday the French Minister of Economy after the failure of negotiations between the diamond group and competitor […]

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Employees of the Belfort General Electric plant work on a turbine on 22 February 2017.

General Electric Social Plan: Emmanuel Macron and the Government Under Fire from Critics

The American giant, General Electric plans to cut more than 1,000 jobs in France, most of them in Belfort. Trade unions and opposition fired on the government. Emmanuel Macron and the government suffer a flood of critics of the opposition and unions of General Electric , accused of being responsible for a “disaster” industrial and social after the announcement by GE of the suppression […]

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