Economy



Champagne harvest: authorities close accommodation site deemed unfit for seasonal workers

French authorities have ordered the closure of a seasonal workers’ accommodation site in Damery, in the Marne department, after an inspection found a series of serious shortcomings during the Champagne grape harvest period. The prefect of Marne issued the closure order on Friday after a joint......

French heatwaves could cost up to €15 billion, ecology minister says

Repeated heatwaves this summer could generate between €10 billion and €15 billion in direct and indirect costs for France, according to Ecology Minister Monique Barbut. The estimate was presented on Wednesday as the government convened a crisis meeting focused on the country's worsening......

Back-to-school supply sales fall 5% in July despite slightly lower prices

Sales of school supplies in France fell by 5% in July compared with the same month last year, according to NielsenIQ data released Tuesday, pointing to a slower start to the 2026 back-to-school shopping season. The decline came despite a slight decrease in average prices, suggesting that households......

Jellyfish swarm forces EDF to shut down three reactors at Gravelines nuclear plant

A massive influx of jellyfish has forced French energy company EDF to shut down three reactors at the Gravelines nuclear power plant in northern France. The unusual incident occurred on Monday, when large numbers of jellyfish entered the plant's seawater pumping stations. EDF announced the reactor......

Revolut secures French banking licence as fintech accelerates European expansion

British fintech Revolut has secured a banking licence in France, marking a major step in its efforts to strengthen its presence in one of Europe's largest retail banking markets. The company announced the approval on Monday, describing the licence as an important milestone that reinforces its position......

French farmers demand multi-billion-euro aid package as drought crisis deepens

France's agricultural sector is calling for an unprecedented government response as severe drought and repeated heatwaves put mounting pressure on farms across the country. Arnaud Rousseau, president of the FNSEA, France's largest agricultural union, has urged the government to commit several......

France's corn harvest set for lowest output since 1980 after extreme heat and drought

France is on course to record its smallest corn harvest in more than four decades, as successive heatwaves and prolonged drought sharply reduce crop yields and prompt farmers to scale back planted acreage. The French government now forecasts national corn production at 9 million metric tons in 2026,......

Gironde tourism sector seeks to restore visitor confidence after wildfire disruption

Tourism professionals in Gironde are intensifying efforts to reassure travelers that the region is ready to welcome visitors again after recent wildfires triggered widespread cancellations and disrupted the peak summer season. Although the fires have been extinguished and most tourism businesses have......

Burgundy Canal faces possible closure as drought severely reduces water levels

The Burgundy Canal could soon be completely closed to navigation as France faces an unprecedented drought situation that has severely reduced water levels across its waterways. The warning was issued by Voies Navigables de France (VNF), which manages the country's inland waterways, as prolonged......

CAC 40 hits new record as falling oil prices boost Paris stock market

The CAC 40 reached a new all-time high on Tuesday, driven by declining oil prices and renewed investor optimism over the global economic outlook. France's benchmark stock index climbed to 8,669.69 points during morning trading, setting a fresh intraday record after already reaching a historic peak......

Bordeaux winemakers say 2026 vintage remains safe despite devastating Gironde wildfires

Wine producers in Bordeaux have sought to reassure consumers and international buyers that the 2026 vintage has not been affected by the catastrophic wildfires that have scorched large areas of Gironde, insisting that vineyard quality remains intact despite the ongoing environmental crisis. The statement......

French employees leave more paid vacation unused than any other workers in Europe, study finds

French employees receive the most generous paid leave entitlement in Europe but also leave more vacation days unused than workers in any other European country, according to a new international study examining leave patterns across thousands of companies. The research, conducted by human resources platform......

TotalEnergies to cover French firefighters’ fuel costs during peak wildfire season

TotalEnergies has announced an initiative to offset fuel expenses for French firefighting and civil protection services as the country confronts one of its most demanding wildfire seasons in recent years. The French energy company said it will cover the cost of both ground and aviation fuel used by......

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.