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French minister Roland Lescure has raised concerns about the execution of the 2026 budget, describing it as 'complicated,' and emphasized the need for political compromise for the 2027 budget.
The French economy unexpectedly contracted in the first quarter, prompting Finance Minister Roland Lescure to state that the government remains 'vigilant' without being alarmist.
France is organizing a G7 virtual meeting to discuss measures aimed at breaking China's control over critical minerals, as announced by Finance Minister Roland Lescure.
Greek Minister of National Economy and Finance, Kyriakos Pierrakakis, along with his French counterpart Roland Lescure, inaugurated the Euronext Technology and Support Centre in Athens, with Pierrakakis stating that Greece is becoming a producer of know-how.
French Minister of Economy Roland Lescure, attending G7, G20, and IMF meetings in Washington, emphasized that Russia should not profit from the crisis in Iran.
Le locataire de Bercy refuse de bloquer les prix des carburants même s’il reconnaît qu’un «encadrement des marges reste toujours possible».
France's Economy Minister, Roland Lescure, has advocated for the creation of new pension funds in France, presenting the idea to investors in Paris as a means to preserve Europe's strategic autonomy.
French Economy Minister Roland Lescure stated that it would 'take some time' for fuel prices to return to 1.7 euros per liter, despite welcoming the promised reopening of the Strait of Hormuz.
Fuel consumption in France decreased by 14% year-on-year in May, as reported by Roland Lescure, indicating a change in consumer habits due to soaring pump prices.
France's minimum wage (Smic) is set to increase by at least 2% in June, pending confirmation of April's inflation figures. This follows a 1.7% rise in March, with consumer prices increasing by 2.2% year-on-year in April, driven by energy costs.
The consequences of the war in the Middle East represent a cost of four to six billion euros for France, said Roland Lescure, Minister of Economy, on Tuesday.
Following a meeting with distributors, French Economy Minister Roland Lescure expressed caution regarding a rapid reduction in fuel prices, citing the instability of the oil market and uncertainty over a real opening.
«Il s’appliquait dans mes mots à la situation internationale et en aucun cas à la situation française», a précisé le ministre de l’Économie ce mercredi.
Their colleagues from the Ministry of Finance concluded on Monday, according to French Minister Roland Lescure, that "coordination is key because the conflict could be of a local nature..."
French Economy Minister Roland Lescure stated that the deployment of ChapsVision to replace Palantir at the DGSI will take several months, likely by 2027, without specifying when Palantir's solution would be disconnected.
French Minister Roland Lescure has expressed optimism, predicting that the French economy will experience a rebound in the second quarter of the year. His forecast suggests a positive outlook for the country's economic performance.
Ryanair CEO Michael O'Leary stated that the risk of a jet fuel shortage in Europe is receding, offering some relief to the airline industry. However, other airlines continue to face significant challenges from high fuel costs, leading to capacity cuts, fare hikes, and fears of potential bankruptcies.
Roland Lescure announced a plan to equip 1.7 million parking spaces in French condominiums with electric charging stations, with Logivolt, a Caisse des dépôts subsidiary, providing advance funding.
French households and businesses are expressing significant worry and adopting cost-saving measures, such as carpooling and reducing discretionary spending, in response to soaring fuel prices driven by the Middle East conflict.
The Iran war continues to cause a global energy shock, driving fuel prices up and shaking the world economy, with Asia looking to COVID-era playbooks to tackle the crisis from the Strait of Hormuz blockage. Daily life in Asia is disrupted by the fuel crisis, and poor countries face catastrophe as the global economy pays a high price for the conflict.
Europe woke to a fresh surge in energy prices on Monday as the escalating war in the Middle East disrupted oil shipments and natural gas production in one of the world’s most critical…