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AB 2000 studies

Alain Boublil Blog

   

France

At which game the French Treasury is playing ?

The last annual report of Agence France Trésor, which is in charge of managing French State debt and was chaired by the head of the Treasury, Bruno Bezard until he was replaced by Odile Renaud-Basso last summer, has revealed that the amount of issuance premiums collected by France in 2015 reached near 25 billion euro. The same report (p.20) shows that this situation is quite atypical in the eurozone since Germany collected ten times less and Italy, another major borrower, three times less.

What are we talking about? The State, through AFT, when it issues a bond, can ...

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Interest rates rise : The new threat

During months, economists and commentators alerted us to the risks on financial stability generated by too low or even negative interest rates. Donald Trump election has encouraged financial markets to anticipate a switch of American economic policy: monetary policy would become more restrictive, and the first signal should come next week with an interest rate rise decided by the Federal Reserve Board, while the budgetary policy would become more expansionist through taxes reductions and the launch of a public investments program. Actually, if the first part of this change is granted, the second one is more uncertain. The impact on ...

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françois Fillon : françois Hollande last chance

François Fillon massive success is good news for François Hollande for two reasons. First, it confirms that poll opinions have no predictive value. These institutes, and all those who, all along their editorials, comment them are the real losers of this primary election of the right and the center. At any time during the week which preceded the first round has been imagined that the one who finally won, was even going to participate to the second round; To keep the suspense on, and then the interest of the public and of their clients, the institutes, following their ...

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