Keywords: Public finances
The French government has asked the Inspection Générale des Finances to evaluate the economic consequences of extending the current national budget into 2027 if Parliament fails to approve a new finance law on time. According to officials from French Ministry of Economy and Finance, the......
The French government has pledged continued support for workers and businesses affected by the sharp rise in fuel prices, as concerns grow over the broader economic impact of the energy crisis. Prime Minister Sébastien Lecornu stated that authorities would not “abandon anyone” facing......
Former head of France’s Court of Auditors and current member of the European Court of Auditors, Pierre Moscovici, has warned that France has exhausted its fiscal flexibility amid rising energy prices linked to the ongoing Middle East conflict. In an interview, Moscovici stressed that the country......
For the first time in recent history, Italy has overtaken France in gross domestic product per capita, marking a notable shift in Europe’s economic landscape. The development reflects diverging growth trajectories between the two eurozone economies. In 2019, France stood above the average GDP......
The French government is preparing new reductions to financial incentives granted to companies hiring apprentices, as part of a broader effort to curb public spending. According to information released by the Ministry of Labor, the amounts paid to employers for recruiting apprentices pursuing higher-level......
Colombian President Gustavo Petro has declared a 30-day state of economic emergency, seeking to introduce new taxes after Congress rejected a proposed fiscal reform intended to finance the country’s 2026 budget. With eight months remaining in his term, the first left-wing president in Colombia’s......
France’s economic prospects for 2025 appear stronger than previously expected, as the country’s central bank has revised its growth forecast upward. Despite a challenging political and budgetary environment, the institution now anticipates a moderate but resilient expansion of the French......
Paris, October 18, 2025 — The recent downgrade of France’s sovereign credit rating by S&P Global Ratings has been described by French Economy Minister Roland Lescure as a “call for lucidity and responsibility.” He stressed that to convince rating agencies, the 2026 budget......
The French government, led by Prime Minister François Bayrou, has announced a plan to save €2 to €2.5 billion annually between 2026 and 2029 through reforms to the unemployment insurance system. By 2030, the target is to achieve at least €4 billion in yearly savings, according to......
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