International Finance

Tag : France

Economy

Grexit avoided, but for how long?

Right now, the deal is just an agreement to reach a deal Carsten Brzeski July 14, 2015: After another marathon in Brussels, Eurozone leaders decided on a path towards a third bailout package for Greece. We are still waiting for the official and written summit declaration to be released but here is our first take...
Economy

Eurozone: What recovery?

Disappointing GDP data highlight a lack of improvement in the economy, but the ECB is likely to ignore calls for action as it continues to evaluate policies already enacted August 18, 2014: According to Eurostat’s flash estimate, Eurozone GDP showed 0.0% growth in the second quarter, down from 0.2% in the first quarter. The figure...
Economy

French woes continue, industrial output falls in May

Unofficial survey brings no good news for June as output levels and new orders witness sharp decline, reports Team IFM Paris, July 15, 2014: Quick recovery continues to prove elusive for France, the world’s fifth largest economy by nominal GDP, with industrial production taking a plunge in May, accompanied by inflation that hit its lowest...
Economy

French trade deficit widens in May, growth crawls

Central bank keeps sentiment indicator for manufacturing sector unchanged below long-term average, reports Team IFM Paris, July 14, 2014: The slowdown continues to chase France, with official data showing its trade deficit widening in May compared to the preceding month as imports rebounded, confirming findings of an independent survey that said the world’s fifth largest...
Economy

Base Erosion and Profit Shifting to Dominate G 20 Agenda

One of the most important agenda of the summit would be the strategy to fight tax avoidance by multinational corporations, the action plan presented by the OECD aims to close down tax havens such as Ireland, Luxembourg and Bermuda ensure business. 5th September 2013 The Constantine Palace in St.Petersburg would be a bee hive of...