Category: Macron, Emmanuel (1977- )

France’s Financial Morass Produces a Harsh Critique From Moody’s

The financial ratings agency, citing a “fiscal deterioration” with rising borrowing and a political logjam, downgraded its outlook for French debt.
Fitch Ratings Issues Warning About France’s Finances

A rating agency’s warning about the country’s ballooning debt comes as the prime minister tries to push an austerity budget through a divided Parliament.
France Unveils Tough Austerity Budget to Mend Its Finances

The French government is seeking deep spending cuts and higher taxes in an effort to tame its ballooning debt and deficit.
Europe Expected to Approve Higher Tariffs on Electric Cars From China

The European Union is expected to support wielding tariffs on electric vehicles made in China, seeking to prevent unfair competition.
France Prepares to Raise Taxes on Businesses and the Rich

France’s new prime minister, Michel Barnier, has opened the door to reversing some of President Emmanuel Macron’s tax cuts in an effort to fix the country’s widening budget deficit.
France’s Budget Problems ‘Very Serious,’ Prime Minister Says

The French government, which missed a deadline this week to set a blueprint to lower its debt and deficit, is struggling to meet fiscal requirements set by the E.U.
Thierry Breton, Top E.U. Commissioner, Resigns, Citing ‘Questionable Governance’

The surprise resignation of Thierry Breton came after he accused Ursula von der Leyen, president of the European Commission, of pressuring France to nominate another candidate instead of him for commissioner.
Who Is Telegram’s Pavel Durov and Why Was He Arrested in France?

Pavel Durov has been detained in France, as part of wide-ranging investigation into criminal activities on the messaging platform he runs.
Telegram Founder’s Arrest Part of Broad Investigation, French Prosecutors Say

A case was opened last month to investigate child pornography, drug sales, fraud and other criminal activities on the platform. The app’s founder, Pavel Durov, was detained over the weekend near Paris.
Beefed-Up Olympics Security Thins Out Tourists, Squeezing Merchants

French businesses had hoped the Games would bring an economic boom, but metal fences and police checkpoints have turned some areas of Paris into dead zones.
After French Election, Voters Are Resigned to Cost-of-Living Crisis

France’s parliamentary elections were intended to bring change, but many fear the political gridlock means their struggle to pay bills will continue.
Political Gridlock Will Raise the Economic Stakes in France

The French election results point to a prolonged political logjam, which may not help a country bedeviled by high debt and slowing economic growth.