France

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).

European politics 13th March 2020

France Faces its Own National Concerns

Luis Alcaide (Capital Madrid) | Next Sunday, the 15th, municipal elections will be held. To what extent will national problems, such as the controversial reform of pensions by decree, influence the results?

Ibex, Markets 11th March 2020

Iberdrola Buys Ailes Marines, The Company Developing French Saint-Brieuc Offshore Wind Farm

Iberdrola has increased its ambition in the offshore wind industry, following the conclusion of an agreement to take 100% ownership of Ailes Marines. The company, which previously owned 70% of the consortium’s capital, has acquired the remaining 30% from Avel Vor. With a global 12.4 GW offshore wind project pipeline, Iberdrola currently operates three offshore wind farms: West of Duddon Sands (389 MW), Wikinger (350 MW) and the 714-MW East Anglia ONE (to be fully commissioned in 2020).

European politics 17th January 2020

How much does the strike against pension reform is costing France?

Jean-François Jolivalt (La Française AM) | The more than 40 days of protests and transport strikes in France against the pension reform proposed by the French Government is an unprecedented event in the recent history of France. Strikes are undoubtedly a burden on consumer confidence. However, the population has adapted to the situation thanks to electronic commerce, distance work, carpooling and car sharing, which are all services or alternatives that are now widely accepted and available.

European economy 7th December 2019

Trump Arrives in Europe With a New Trade War

Peter Isackson |Profiting from his return to Europe to celebrate the 70th anniversary of NATO, Donald Trump used the platform to launch the opening salvos in a new skirmish in his endlessly improvised “America First” trade wars. This time, Trump claims to be retaliating against France’s effort to resist the unfettered domination of the giant American tech monopolies that have spread across global markets, leaving little margin of maneuver to potential competitors who can’t match their size and reach.

Companies, Markets 1st November 2019

Orange Revenue improving, Spain the weak spot (again)

BOfAML | Orange’s Q3 results were broadly in line with expectations with revenues 0.5% ahead, (+0.8% in Q3 vs +0.4% in Q2) and EBITDAaL +0.2%, in line with consensus expectations. The mix was somewhat weak however with France and Spain delivering slightly below

World economy 29th August 2019

Despite fiscal reforms, France´s 2019 deficit will rise again to 3.1% of GDP

Scope Ratings | France has been host of the G7. While its neighbour debates foreign policy, Emmanuel Macron continues to pursue his fiscal reforms, without losing sight of the size of France´s budget deficit (rising towards 3.1% of GDP this year and exceeding the target for 2020) which has caused concerns about the sustainability of the country´s debt.

« 1 2 3 4 5 6 … 17 »