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Michel Barnier

French Government Targets Absenteeism in Hunt for Spending Cuts

(Bloomberg) -- The French government plans to crack down on absenteeism in the civil service and reduce development aid as...

Macron Finds Out What Power Sharing Means and He Doesn’t Like It

(Bloomberg) -- Emmanuel Macron’s diminished authority in France’s power-sharing government appears to be taking a toll.Most Read from BloombergMacron’s tirade against his cabinet ministers,...

France Gets Another Debt Warning as Scope Downgrades

(Bloomberg) -- France was downgraded by Scope Ratings in another warning on the state of the country’s finances and the political impediments to containing...

France’s budget battle: Why the government’s plan to plug the deficit is sparking an outcry

PARIS (AP) — France’s new government has unveiled its 2025 belt-tightening budget bill, with plans for major tax hikes and spending cuts aimed at...

France Credit Rating Cut to Negative by Fitch on Wider Deficits

(Bloomberg) -- Fitch Ratings put France on negative outlook a day after the government presented its 2025 budget, delivering a rapid critique of Prime...

Analysis-French lawmakers weigh political risk of curbing boomers’ costly pensions

By Leigh Thomas and Michel RosePARIS (Reuters) - France's government has put the country's expensive pensions bill back on the agenda as it seeks...

Charting the Global Economy: US Labor Market Powers Forward

(Bloomberg) -- Surprisingly robust September job growth in the US undercut chances of another big reduction in interest rates from the Federal Reserve.Most Read...

The new French prime minister says the country’s ‘colossal’ debt is the ‘sword of Damocles’

PARIS (AP) — In his inaugural address to parliament, the new French Prime Minister Michel Barnier warned Tuesday that “colossal” and spiraling debts are...

Bank of France Chief Says Bond Markets Are Warning on Debt

(Bloomberg) -- Bank of France Governor Francois Villeroy de Galhau said it’s urgent for the country to deal with its deficit and debt challenges...

French Premier Eyes Business Taxes, Warns Debt in ‘Grave’ State

(Bloomberg) -- French Prime Minister Michel Barnier said his new government could increase taxes for big business and the wealthiest as it seeks to...

Macron Appoints Armand as France’s New Finance Minister

(Bloomberg) -- French President Emmanuel Macron appointed Antoine Armand as finance minister, thrusting a 33-year-old with limited political experience into an urgent budget battle...

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