France Plans 20 Billion Euro Inflation-relief Package
France's minority government unveiled on Thursday a 20 billion euro ($20.35 billion) inflation-relief package that will include fuel discounts, rent caps and a boost to pension benefits, but will need backing from at least some of the opposition to be adopted.
Explainer-How Macron's Inflation Relief Law Tests France's New Political Order
President Emmanuel Macron's government will get its first taste of life under France's new political order in the days ahead when it tables a bill to help households cope with runaway inflation without a controlling majority in parliament.
Facing Tough Vote, France's Macron Dangles Anti-inflation Sweeteners
French President Emmanuel Macron is banking on a new package of inflation-busting sweeteners for voters to secure a majority in legislative elections this month being fought over households' squeezed purchasing power.
OECD Slashes Growth Outlook, But Sees Limited Stagflation Risk
The war in Ukraine has made the growth outlook far bleaker even though the global economy should avoid a bout of 1970s-style stagflation, the OECD said on Wednesday, slashing its growth forecasts and jacking up its inflation estimates.
French Economy Stalls In First Quarter, Inflation Hits New Record
France's economic growth unexpectedly flatlined in the first quarter as consumer spending dropped in the face of record high inflation, official data showed on Friday, putting pressure on President Emmanuel Macron ahead of legislative elections.
Poverty, Education Levels Draw Battle Lines In French Election
As French President Emmanuel Macron and Marine Le Pen head into a presidential run-off on April 24 promising to tackle high inflation, an analysis of first-round voting data shows the far-right challenger with an edge in low-income areas hardest hit by soaring costs.
Spectre Of Inflation Threatens Macron's Economic Gains As Election Looms
French President Emmanuel Macron risks seeing high inflation eroding economic gains achieved during his presidency as he seeks a second term.
Economic Reforms Bear Fruit As France's Macron Seeks Re-election
As Emmanuel Macron launches his campaign for a second term in April's presidential election, he can count on an economic boom that French voters have not seen the likes of in a generation to boost his bid.
G20 Says Global Corporate Tax Deal Should Go Live Next Year
G20 finance ministers recommitted on Friday to implementing a global overhaul of cross-border corporate tax rules next year in the face of concerns that meeting the deadline could prove difficult.
G7 Meeting: US Isolated Due To Trade Tariffs, Says French Minister
Treasury Secretary Steven Mnuchin is isolated at a G7 finance ministers meeting in Canada due to Washington’s new trade tariffs on its allies, French Finance Minister Bruno Le Maire said on Friday.
