Economy



Banks allowed again to charge inheritance fees on accounts of deceased minors after constitutional ruling

Banks in France will once again be allowed to charge inheritance-related fees on the accounts of deceased minors after the Constitutional Council struck down part of a 2025 law that had sought to ban such charges in specific cases. In its ruling published in the official journal, the Constitutional......

Fishermen gather in Cherbourg to discuss fleet renewal and resource management challenges

Fishing industry representatives from across France have gathered in Cherbourg for their annual conference, where key issues such as fleet renewal, marine resource management, and the future of coastal fishing are being debated amid growing economic and environmental pressures. The two-day event brings......

L’Oréal to acquire majority stake in India’s Innovist to expand global presence

French cosmetics giant L’Oréal has announced that it will acquire a majority stake in India-based company Innovist, in a strategic move aimed at strengthening its position in one of the world’s fastest-growing beauty and personal care markets. The agreement also includes an option......

France economy expected to grow 0.7% amid Middle East conflict, Insee says

France’s economy is expected to grow by 0.7% this year despite ongoing geopolitical tensions in the Middle East, according to a new economic forecast released by the national statistics institute Insee. The institution notes that the conflict has triggered a sharp rise in oil and energy prices,......

Unemployment insurance agency urges French government to halt further withdrawals from jobless fund

France’s unemployment insurance agency has called on the government to refrain from making any additional withdrawals from the country’s unemployment insurance fund, warning that such measures could undermine efforts to reduce debt and maintain financial stability. The appeal comes as updated......

Fuel assistance for heavy drivers to begin payments on Wednesday, government says

The French government has announced that payments for its “heavy drivers” fuel assistance scheme will begin on Wednesday, following delays caused by a high volume of applications. The measure aims to support households heavily dependent on car travel amid rising fuel prices linked to global......

Fuel prices show continued decline at the pump in France

Fuel prices in France continue to decline at petrol stations, confirming a downward trend that has been observed over recent weeks after months of volatility in global energy markets. The gradual easing of prices comes as international oil markets stabilize following periods of geopolitical uncertainty......

French inflation reaches highest level in more than two years

France's inflation rate climbed to its highest level in more than two years during May, highlighting the continued challenges facing consumers and policymakers as they navigate an evolving economic environment. According to official data, consumer prices increased at a faster pace than in previous......

Morocco plans Atlantic maritime control center to secure sea traffic

Morocco plans to establish a maritime navigation control center along the Atlantic corridor between Tarfaya and Laâyoune. The project aims to strengthen oversight of international shipping routes and improve maritime safety in the southern Atlantic zone, an area that sees heavy vessel traffic linking......

Bank of America upgrades STMicroelectronics on stronger earnings outlook

STMicroelectronics shares rose after Bank of America Securities upgraded the Franco-Italian semiconductor group from neutral to buy and raised its price target to 86 euros. The new valuation marks a record level among recent analyst forecasts and reflects renewed confidence in the company’s earnings......

Europe aviation fuel shortage disrupts major airports across continent

Air travel across Europe faced widespread disruption as airlines and airports struggled with reduced jet fuel availability and sustained high seasonal demand. Thousands of flights experienced delays while more than one hundred were cancelled across major hubs including Amsterdam, Paris, and London, extending......

Morocco hosts Egyptian trade mission to expand food ties

Morocco received a delegation of 31 Egyptian companies from the food, printing, and packaging sectors in a move aimed at expanding commercial cooperation and strengthening bilateral trade links. The mission focused on identifying investment opportunities and building partnerships within Morocco’s......

Macron to chair video call involving G7 and China over trade imbalances

French President Emmanuel Macron is set to chair a video conference on Thursday bringing together G7 countries and China to discuss global trade imbalances, according to the Élysée Palace. The initiative reflects growing concerns among major economies about disruptions in global trade......

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