French Economy Shrinks 0.1% as Finance Minister Warns of Risks if Budget Fails
New figures show that the French economy is shrinking. If the government fails to pass the budget, the country could be heading “straight for the wall.”
Business
EU countries agree on financial market oversight, despite Commission criticism
EU countries agree on how they want the financial market to be supervised, despite criticism from the European Commission.
Business
France Braces for Prolonged Battle Over 2027 Budget as Market Risks Rise
France’s politically pressured government faces a protracted, tough battle over the 2027 budget. French risk premiums in financial markets are soaring to their highest levels since the euro crisis.
Business
France cuts 2026 growth forecast to 0.7 percent after weak start to the year
The French government is lowering its growth forecast for 2026 to 0.7 percent. A less favorable start to the year and the war in Iran are behind the unexpectedly weak growth, according to Finance Minister Roland Lescure.
Business
EU abolishes duty-free small packages
EU countries agree to abolish duty-free access for packages worth less than 150 euros – in practice to combat competition from China.
Business
Shein Threatens: Ban on Selling "Childlike" Sex Dolls
The world's first physical Shein store is opening in Paris these days. Now the Chinese e-commerce giant is threatened with a ban - if they don't stop selling sex dolls that depict children.
World
France's Credit Rating Downgraded by S&P Global
The credit rating agency S&P Global is lowering the credit rating for France. It is the third institute in a year that downgrades the French economy.
Business