Archives of “Ministry of the Economy and Finance” tag

rss

France plans to hand out €1,500 to small independent workers

  
  Analysis
#  #  #  #  #  #  #  #

Comments by French finance minister, Bruno Le Maire

  • Calls on workers who can, to keep working
So far, there are a lot of big plans touted by governments across the globe to try and tackle the economic fallout from the virus outbreak but how effective is the execution and transmission of all this remains to be seen.

France says virus economic impact will be much bigger than the 0.1% forecast initially

  
  Analysis
#  #  #  #  #

Comments by French finance minister, Bruno Le Maire

  • It is too early to provide a new growth forecast
  • There will be concerted action by the government to support the economy
  • Says G7 finance ministers will speak this week to coordinate efforts
The headline may not sound too pleasant but the initial 0.1% forecast was a bit unrealistic anyway. In any case, more talk of coordinated action by governments across the globe to bolster the economy is definitely a welcome signal for risk to start the week.
Go to top