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In Europe 17th September 2013

France Wants to Reinvent Herself… But to Become What?

THE CORNER’S OP-ED |  “La nouvelle France industrielle” (the new industrial France). Amid widespread resentment of the population, that’s François Hollande’s slogan for his new state-aided plan to boost the economy. The country has the fifth highest GDP in the world, although the effects of the economic crisis are deepening. The latest figures have brought the number of unemployed to more than three million. Will Paris succeed in taking the reins?

hollande ok

In Europe 19th August 2013

Hollande saves the day

MADRID | By J.P. Marín Arrese | Figures for the second quarter announced by the European Commission must have exerted a soothing effect on badly mauled Hollande. Growth is back in France, even if it only amounts to 0.5%.

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In Europe 1st April 2013

France’s German Mirror

Project Syndicate | By | In the mirror of Germany, the French must ask themselves fundamental questions. Have they made the right choices in terms of leaders and policies in recent decades?

French deficit

In Europe 6th February 2013

JP Morgan concerned about French deficit

Can Hollande salvage his country from the waves of austerity? JP Morgan analysts forecast a French deficit higher than the official target for 2013, which could trigger further budget cuts.

Francois Hollande

aggregation line 19th November 2012

Monsieur Hollande’s Crisis

LONDON | George Irvin, University of London | Just look at Club-Med before dismissing this option: the only way for France (and the EU) to grow is by increasing spending, particularly public spending which is the largest component of French aggregate demand.

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World economy 2nd October 2012

Economic hazards of a moral French Budget

Why would president Hollande place such tax burden on the rich and corporate? He said France’s 2013 Budget was meant to demonstrate the euro zone that austerity and fairness can walk together the way out of the crisis. It looks as he’d rather protect a bloated state, though.

World economy 21st September 2012

France faints in the core euro zone

The French PMI fell by almost four points while Germany’s expanded. That’s bad news for the euro zone, whose core is in for trouble as an isolated German engine cannot pull its neighbours out of recession.

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In Europe 14th August 2012

How long until core euro countries hurt?

The seemingly dead weight of the peripheral economies continues to mark a divide within the common currency region. The overall picture, unavoidably, registers the cut. GDP fell by 0.2% in both the euro area and the EU during the second quarter of 2012, compared with the previous quarter. Also according to flash estimates published by Eurostat Tuesday, in the first quarter of 2012, growth rates were zero in both zones. Compared with…