France

Spanish economy 22nd September 2021

Renfe Denounces Obstacles In France And Calls For The Same Treatment SNCF Enjoys In Spain

José Alves (Capital Madrid) | France is experiencing a historic moment in its rail industry: the beginning of the end of the national public service monopoly for passenger transport. Since the nationalisation of the network (1937) this has been in the hands of the state-owned SNCF. The government had announced this, as required by the EU, but it will be another three and a half years before the decision taken…

World economy 12th September 2021

France Leads The Way In Public-Private Partnerships

Henry McCaw | In 2011, France dominated the European PPP market, accounting for 62% of the overall market value. According to the World Bank, this was reflected in the “wave of new ‘social infrastructure’ investments in health, education, defense, transport and urban planning sectors.” In the water sector, France is a global leader in private sector participation, with three French companies, Veolia, Suez and SAUR, dominating on the world stage. The French model of concession agreements in the water sector has increasingly been adopted in developing countries.

European politics 22nd June 2021

Regional Vote Throws Doubt on Macron’s Reelection Strategy

Nick Ottens (Atlantic Sentinel) | The unexpectedly strong performance of the center-right in France’s regional elections calls Emmanuel Macron’s reelection strategy into question. The liberal incumbent has been leaning to the right expecting he would need their support to defeat the far right’s Marine Le Pen in a presidential runoff. But if the center-right Republicans regroup, Macron risks not even qualifying for the runoff. Relations with the center-right Polls still…

European economy 14th June 2021

France Country Report | Massive Stimulus Measures Will Drive Economic Recovery

Crédito y Caución (Atradius) | In the first quarter of this year, French GDP grew 0.4% quarter- on- quarter, supported by the fact that another nationwide lockdown was held off until April. Growth was mainly driven by investment spending and a modest increase in private consumption. While the growth rate in Q2 will be affected by the comprehensive lockdownmeasures imposed in April, the gradual easing of those restrictions in May…

European politics 28th October 2020

Criticism of Macron’s Islam Policy Is Over the Top

The New York Times claims Macron has ordered a “broad government crackdown against Muslim individuals and groups.” The World Socialist Web Site, in a widely retweeted story, accuses Macron of “whipping up … anti-Muslim hysteria.” An American sociologist who researches white supremacists laments that French officials “respond to violent extremism with violent extremism.” What is this “broad crackdown”? Macron’s government has closed a mosque, which was run by a radical imam. A number of arrests have been made. “Anti-Muslim hysteria”? 51 more Islamic organizations are being investigated for alleged extremist sympathies. What about “violent extremism”? There are plans to take away the French passports of 231 foreign-born criminals.

CAF consolidates its position in France with the rehabilitation of 43 trains for Paris

Markets, Spanish economy, Spanish Small & Mid Caps 19th October 2020

CAF Favourite To Take Over Alstom’s Assets

Spain’s CAF is amongst the investors interested in buying the only factory Alstom has put up for sale in France to meet the conditions imposed by the European Commission on the purchase of the Canadian firm Bombardier. In fact, CAF is the favourite to take over Alstom’s assets. The French unions have positioned themselves in favour of CAF due to the size of the company and their commitment to retaining the entire workforce. That said, CAF will have to compete with Skoda for the factory.

European politics 11th July 2020

France’s Cabinet Reshuffle Signals Shift To More Political Integration At Critical Juncture

Scope Ratings | The appointment of a new prime minister and a shift towards greening the economy could help to restore political integration across government levels over the medium term but reviving the economy remains the key near-term priority. Emmanuelle Macron is facing the multi-faceted challenges of reviving the economy, addressing the climate imperative and resetting his presidency amid declining approval ratings.

World economy 9th July 2020

Can International Tourism Ever Recover?

James Reilly (Schroeders)| The current coronavirus crisis appears to be a rather potent cocktail of all three of these events: a viral epidemic more widespread than SARS, an economic downturn sharper than the GFC, and a fear of flying comparable to the aftermath of 9/11. This points to a trough far greater than the 45% downturn in international travel seen nine months into the GFC.

Spanish economy, World economy 30th June 2020

BofA: “We stay overweight France, Spain and Italy.”

BofA Global Research | We stay overweight France, Spain and Italy, as they should benefit from a continued rebound in PMIs. We raise the UK to marketweight after the recent undershoot. We remain marketweight Germany, as it discounts much good news. We are underweight Switzerland, as it tends to underperform when improving growth momentum lifts bond yields.

Spanish economy 18th March 2020

Spain Commits 20% Of Its GDP To Fighting The Ravages Of The Coronavirus; Shock Plans Multiply Around The World

The current scenario forces stimuli and, at last, the Eurogroup is beginning to propose some important measures such as the agreement to promote fiscal measures throughout the Eurozone worth 1% of GDP in 2020, or guarantee schemes and tax deferral equivalent to 10% of GDP. Furthermore, Spain’s Prime Minister, Pedro Sanchez, announced a much more ambitious plan, mobilising up to 200 Bn euros, of which 83 Bn euros will be private, mainly from banks. The shock plan is equivalent to 20% of the national wealth (11.7% taking into account the State’s share).

« 1 2 3 4 5 … 17 »