The abandon, by the French government, of the objective included in the energy transition Act of a 50% limit in 2025 of nuclear plants in the power production is a first important signal of a coming back to reality. That objective was impossible to attain, except if natural gas-powered plants were built to guarantee the country energy security. EDF will obtain the necessary prorogation of the life duration of its power plants by far above 40 years, if the appropriate investments are made and approved by the Safety Authority. This political turnaround shows that France has, at last, understood that ...

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Challenging again forecasts, France continues to profit from historically cheap financing conditions. The 10-year rate published by Agence France-Trésor on December 5th, 0.53%, was at its lowest level for more than a year. This situation should last for most of next year, in contradiction with the figures published in the 2018 Finance bill. Three elements are supporting this trend. The most important is coming from the last decisions of the European Central Bank. Its quantitative easing policy is prorogated until next September through the purchase of bonds. Even if their amounts are reduced to 30 billion per month ...

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At a moment when the Goncourt Prize in France is awarded to a narrative about the annexation of Austria by the German Nazi regime and when October Revolution is commemorated, instead of being celebrated, history is omnipresent. It has invaded political debate in France, where are castigated policies conducted “for thirty years”. At the beginning, it was the left which was targeted because that period coincided with François Mitterrand election in 1981. But, years after years, this starting point has moved and this indictment has lost some of its political content. The main flaw of the Eighties is that ...

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