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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Soccer is frequently used as a metaphor to illustrate the major points of the world economy. We remember the comments which have accompanied Germany victories against France during the Word Cups in the Eighties. England defeat, on its territory, at Wembley, against Italy during the last Euro final, has not missed to be accompanied with considerations which have not a lot to do with sport. The Squadra Azzura victory was reflecting the European Union superiority against the United Kingdom which had just left it after the adoption of the Brexit.

This coming back into favor of the Peninsula is all ...

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