After having been close to the symbolic rate of 1%, as last year at the same period, the French 10 years bond has significantly fallen back to stay around 0.70% since the beginning of April. The issuance launched April 5th with maturities running from 10 to 30 years has collected near 8 billion euro and that number will be increased to 8.6 billion including NCTs after auctions. Thanks to the rate fall, it will contribute to a new reduction of the cost of the French public debt because it will participate to the reimbursement of a 27 billion ...

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INSEE, the French statistical office, will publish at the beginning of next week its last estimation of French growth during the fourth quarter and will permit to have a clear vision of the economic achievements in 2017. The debate, regarding numbers, 1.9 or 2%, is fascinating commentators but doesn’t make a lot of sense since official statistics accuracy is not enough to make the difference. 2% looks better, on an optical point of view, than 1.9%. This result shows a clear improvement compared to the five years of stagnation France has bored between 2012 and 2016. The ...

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20 years ago were published the first rules reducing the legal duration of the working time to 35 hours per week. We know how much this measure was criticized at that moment even when it was in practice for a long time in the German industry. The socialists themselves, who were at its origin, are not anymore defending today that reform. As an irony of history, and maybe to celebrate this anniversary, the IG Metall union has just obtained, after a long and tough social battle, the possibility, for its employees who would ask for it, to work only 28 ...

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