The French growth last publications do not let us forecast a rebound enough for the government objectives regarding employment and the public finances recovery are met next year. During 2023 3^rd quarter, INSEE has revised downward the GDP evolution to -0.1% compared to its first estimation of +0.1%. The acquired growth for 2024 would only be 0.6%. Banque de France has also revised downward its forecast for 2024 to 0.8% against 0.9% in its previous publication. This figure is very inferior to the growth rate inscribed in the Finance bill for 2024, i.e ...

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The invasion of Ukraine by Russia has disrupted the oil and natural gas supply in many countries and have made wake up of the necessity to grant security to the power production. The prices increases which have resulted from that have forced the States to adopt measures which were costly for their public finances to protect consumers and to permit the survival of enterprises, confronted with production and operating costs increases which they couldn’t pass on to their clients; The choice, consisting in betting on renewables to take over from fossil energies revealed itself wrong, Germany brought the proof ...

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Numerous have been the comments about the Chinese real estate crisis with the near bankruptcy of two among the biggest property developers Evergrande and Country Garden, affected by a huge debt and an incapability to deliver the homes which had been bought by their clients. This situation has been considered as revealing of the current and the coming difficulties of the Chinese economy. But Beijing has just announced that measures will be taken to limit the financial consequences of that crisis which could have endangered the country banking system.

To the opposite, the spectacular fall in France of the building ...

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