Manuel Valls reiterated in an interview with L’Express published Tuesday that the deficit of France would be below 3% in 2017, a target questioned in June by the Court of Auditors due to new expenditures from the beginning of the year. By the end of five years, “we will continue to act and innovate, while […]
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The tourism sector in Paris and the Ile-de-France has lost about 750 million euros in turnover in the first half of 2016 … The tourism sector in Paris and the Ile-de-France has lost about 750 million euros in turnover in the first half of 2016. Attacks, strikes and floods taking foreign visitors away from the […]
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The Bundesbank estimated on Monday that Brexit should have limited economic impact in Germany. It finds that business leaders in Germany remain confident. In its monthly report, the German central bank (Buba) added that the country’s economy is expected to have continued to grow during the summer due to exports, industrial production, construction and household […]
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The German economy has fared better than expected in the second quarter, rising exports and strong government spending and private consumption offset weakness in investment in construction and industry. The gross domestic product (GDP) rose 0.4% over the period April to June after growing 0.7% in premiertrimestre, according to preliminary estimates released Friday by the […]
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The French economy recorded a fifth consecutive quarter of net new jobs. According to INSEE Friday, there were 24 100 new jobs (+ 0.2%) in the second quarter with a vibrant service sector. These positive employment figures for the quarter are against the current of other economic indicators, while growth has stalled (0%) and hirings fell […]
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Lush cosmetics is moving a large part of its production to Germany because of the Brexit vote … Mark Constantine, founder and chief executive of the cosmetics chain, confirmed the move to Bournemouth Daily Echo. Lush employs some 1,400 people in Poole, and around a third of those do not have British citizenship. Constantine said […]
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In an interview with the newspaper Les Echos, the French President François Hollande has announced a tax cut for the middle class in 2017. A final tax measure in his five years. “I said last spring that a further reduction of taxes on households was possible […] I stay on the same position: if, despite […]
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Thirteen British Nobel winners warned on Saturday against … Thirteen British Nobel winners warned on Saturday against a Brexit that would put scientific research in the UK “at risk”, a new warning issued when the light of exit from the European Union is widely given in head in a new poll. In a letter to the Daily […]
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The US rating agency Fitch Ratings maintained at AA on Friday long-term debt rating of France, without changing either its perspective of evolution, which remains stable. The US rating agency Fitch Ratings maintained at AA on Friday long-term debt rating of France, without changing either its perspective of evolution, which remains stable. The agency says […]
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The Bank of France lowered its growth forecast of 0.2% for the second quarter. The Bank of France on Wednesday revised downward its growth forecast for the French economy in the second quarter, to 0.2% against 0.3% previously anticipated. The Bank of France is based on a monthly survey of leaders companies that anticipate a […]
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