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Leigh Thomas

OECD cuts growth outlook to post-crisis low

19 Sep 2019

PARIS The trade war between the United States and China has plunged global growth to its lowest levels in a decade, the OECD said on Thursday as it slashed its forecasts. | Video

France, Germany closing in on arms exports pact

20 Sep 2019

PARIS France and Germany said on Thursday they were close to an agreement on how to remove obstacles to exporting weapons manufactured in joint programmes, after French firms called for easing German export restrictions.

France urges Germany to act on economy sooner rather later

19 Sep 2019

PARIS Germany should act sooner rather than later to revive its flagging economy, France's finance minister said on Thursday, as he struggled to hide frustration with the pace of Berlin's efforts to engineer a recovery.

Never mind Brexit, German slowdown is a bigger worry in France

18 Sep 2019

PARIS Britain's tortuous Brexit divorce negotiations may dominate the headlines, but France is more worried about the impact on its economic growth from the slowdown in top trading partner Germany.

France to slow reduction in deficit despite lower borrowing costs: Finance Ministry sources

13 Sep 2019

PARIS France will cut its public sector deficit by slightly less than planned next year despite billions of euros in windfall savings from record low borrowing costs, Finance Ministry sources said on Friday.

Paris commuter chaos as metro workers strike over pension reform

13 Sep 2019

PARIS Parisian commuters faced travel misery on Friday as metro workers went on strike over plans to reduce their retirement privileges under President Emmanuel Macron's pension reforms.

Paris commuters hit by transport strike over pension overhaul

13 Sep 2019

PARIS, Sept 13 Parisian commuters faced travel chaos on Friday as transport workers went on strike over plans to reduce their retirement privileges in a challenge to President Emmanuel Macron's pension reform plans.

France: We can't allow Facebook's Libra in Europe

12 Sep 2019

PARIS Facebook's Libra cryptocurrency cannot be allowed to operate in Europe while concerns persist about sovereignty, systemic financial risks and the risk of abuses by a dominant market player, France's finance minister said on Thursday.

UPDATE 2-France: We can't allow Facebook's Libra in Europe

12 Sep 2019

PARIS, Sept 12 Facebook's Libra cryptocurrency cannot be allowed to operate in Europe while concerns persist about sovereignty, systemic financial risks and the risk of abuses by a dominant market player, France's finance minister said on Thursday.

Macron's reform drive faces high-risk pension overhaul

02 Sep 2019

PARIS President Emmanuel Macron embarks this week on the next - and likely most perilous - leg of his reform drive by launching talks with unions on an overhaul of France's convoluted pension system to plug a chronic deficit.

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