Regulated electricity tariffs have increased by 0.5% on August 1st after a 1.6% rise on February 1st. In two years, the French people annual bill increased by 5%. We could legitimately be worried about that. But it would forget that, as an average, in Europe, the rise has been much superior, when prices paid by household were already much higher than in France. In 2019, the cost by consumption unit in Germany, for instance was superior by 68%. Natural gas regulated tariffs, them, have increased by 8.7% September 1st, after rises by 5.3% and 9.9 ...

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The publication of an upward revision of the French GDP during 2021 2nd quarter, from 0.9% to 1.1%, the confirmation of the 2021 growth forecasts between 5 and 6% as the coming back to the pre-Covid-19 crisis level of the jobseekers having no activity level has been welcomed with satisfaction and has been accompanied with definitely optimistic comments. It has been the same with the polls results about an improvement of business climate in several activities. But it is excessive because these data are based on figures largely influenced by “basic effects”. When you measure an evolution against ...

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Since the beginning of August, the French State 10 Years-Bonds rate has fluctuated between -0.14% and -0.20%. We must come back to 2020 autumn at the top of the second wave of the Covid-19 pandemic to find so low interest rates. The trend is general in the euro zone and the spread between the countries said “virtuous” and the southern countries has not stopped to narrowing. Between France and Germany, it little oscillates around 35 basis points when the difference between their public indebtedness ratios is huge, with 75% of the GDP for Germany and near 120% in ...

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