News France Economy: Why France's economy is stalling
Look at the way the French work, and youâll start to see why âMacronomicsâ fell short. When Emmanuel Macron took office in 2017, he promised a French economic renaissance. His supply-side strategy aimed to slash taxes and curb public spending to spur investment and drive down unemployment. Eight years on, however, public debt has skyrocketed while GDP growth remains sluggish. So, what happened? And is France destined to economic decline?
News France Economy: France’s economy faces a key risk beyond its political turmoil
The French bond market has been subdued amid a political overhaul this week, but a significant risk lies in a series of upcoming credit rating updates. Investors are already concerned about the ...
News France Economy: German Economy Heads for Recession After Shrinking Last Quarter
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Germany is headed for its second recession of the pandemic after the emergence of the coronavirus’s ...
News France Economy: London property has combined value equivalent to an economy the size of France
The capital’s 3.6 million houses and flats have a combined value of almost £1.9 trillion – equivalent to the entire GDP of an economy the size of France – at current average prices of around £516,000.
News France Economy: European indices in red; U.K. economy grew by 0.9% in November
U.K. November monthly GDP rose +0.9% M/M vs +0.4% expected, and prior month's reading of +0.1%. Quarterly, GDP +1.1% 3M/3M vs +0.8% expected, prior +0.9%. Germany -0.79%. The German economy grew by 2.
