The Local France

IMF hails France as 'reform leader' in boost for Macron

Tue, 05 Jun 2018 10:59:19 +0200

The International Monetary Fund on Monday hailed France's economic recovery as "impressive", in a strong endorsement of President Emmanuel Macron's pro-business reform drive.

Five ways France throws money down the drain

Thu, 11 Feb 2016 14:44:35 +0100

France's top auditors, the Cour des Comptes, said in their annual "how to save money" report on Wednesday that there are numerous ways France can save and make money. Here are five.

French economy sees fastest growth in years

Fri, 29 Jan 2016 09:54:01 +0100

France's economy grew 1.1 percent in 2015, its biggest jump in four years which the government hailed as confirmation of a turnaround after years of economic stagnation, official statistics showed on Friday.

Minister: 35-hour week not working in France

Fri, 28 Aug 2015 14:00:58 +0200

France's Economy Minister Emmanuel Macron took aim at France's 35-hour working week on Thursday, saying the Socialists were wrong to think life would improve if people worked fewer hours.

France optimistic despite meagre growth figures

Fri, 13 Feb 2015 10:59:00 +0100

France's economy minister put on a brave face on Friday despite the latest economic figures showing the French economy is struggling to register any growth, unlike their friends on the other side of the Rhine.

France's Jean Tirole wins Nobel Economics Prize

Mon, 13 Oct 2014 15:11:00 +0200

The 2014 Nobel Prize in Economics was awarded to French Economist Jean Tirole on Monday "for his analysis of market power and regulation". The win comes after Tirole's compatriot Patrick Modiano picked up the Nobel Prize for Literature last week.

'France needs solidarity - not Thatcherism'

Wed, 17 Apr 2013 10:30:00 +0200

Margaret Thatcher's death has provoked a fair amount of soul-searching in France over whether the country could do with some Thatcherite economic remedies to haul its ailing economy back to life. Here, those on the French left explain why France is better off without Thatcherism.

Left slams call for Thatcher Street in Paris

Thu, 11 Apr 2013 21:06:00 +0200

A proposal to name a street in the French capital after the late Margaret Thatcher has caused left wing members of the Paris council to see red. One suggested it would be more appropriate to name a rue after an IRA hunger striker.

'France is in need of a dose of Thatcherism'

Tue, 09 Apr 2013 18:24:00 +0200

After the death of Margaret Thatcher, there has been much talk in France about the impact of her economic policies on the UK. Paris based Professor of Economics, Tomasz Michalski tells The Local why France could do with its own dose of Thatcherism.

French limit on fat-cat pay to arrive 'by summer'

Thu, 21 Mar 2013 13:01:00 +0100

France, struggling with economic stagnation and spiraling unemployment, will soon have a law to cap the salaries of top earners in the private sector, the government spokeswoman said on Thursday.

Sarkozy: Europe faces 'unprecedented crisis'

Mon, 16 Jan 2012 18:59:00 +0100

French President Nicolas Sarkozy warned Monday that Europe faces an "unprecedented crisis" but urged calm in the face of Standard & Poor's multiple eurozone credit rating downgrades.

IMF warns France on deficit, slowing growth

Thu, 28 Jul 2011 14:13:41 +0200

France will probably need extra action to cut its public deficit in 2012 and 2013 as falling growth threatens to complicate economic recovery, the International Monetary Fund said on Wednesday.