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The Latest Breaking News from Le Maire

France says no risk of contagion as governments handle SVB collapse fallout

The bankruptcies of US banks Silicon Valley Bank (SVB) and Signature do not pose a danger to French financial institutions, Finance Minister Bruno Le Maire said Monday as authorities in the US and UK took extraordinary steps to stop a potential banking crisis.

France 24

France won't sign G20 communique unless it strongly condemns Russia

France will not sign off on a G20 communique unless it contains the same denunciation of Russia's invasion of Ukraine as it did last year, its finance minister said on Friday on the sidelines of a G20 meeting in India.

Reuters

French finance minister backs pension push, UAE's COP28 pick

Trying to sell France to Emirati investors, France’s finance minister has highlighted what he described as the business-friendly overhaul of President Emmanuel Macron while on a trip to Abu Dhabi

The Independent UK

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Davos 2023: Outlook brighter than feared, fraught with risks

The year ahead looks better than feared for the global economy but remains fraught with risks including escalation of the conflict in Ukraine and the emergence of a transatlantic trade war, the World Economic Forum's final panel concluded.

Reuters

French government plays down cost of strikes after huge turnout against pension reform

Strikes in protest at plans to raise the French retirement age are unlikely to hurt the country's economy, Finance Minister Bruno Le Maire said Friday, after more than a million people rallied across the country in protest at the planned pension overhaul.

France 24

EU seeking to offset Biden's green plans with own subsidies

European Union leaders and member nations are putting forward moves to ensure the EU would not be left behind by the United States in the green industry race

The Independent UK

Fifa should investigate Argentina taunts of Kylian Mbappe, minister claims

French finance minister Bruno Le Maire believes some scenes were ‘undignified’ and questioned openly whether Fifa should look into the events

The Independent UK

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France's top priority is ending inflation, Le Maire tells Yellen at G20

French Finance Minister Bruno Le Maire said on Monday that Europe and France were paying a heavy price for Russia's actions in Ukraine through higher energy prices and inflation, and France's top economic priority was to bring these down.

Reuters

French-German ties need 'reset' amid Ukraine war and energy crisis, French minister says

Strained relations between France and Germany amid the war in Ukraine and energy crisis need a "reset" to forge a stronger alliance between the two biggest EU countries, French Finance Minister Bruno Le Maire said on Thursday.

Reuters

French strikes spread as government orders fuel depot staff back to work

French railway workers and civil servants voted on Thursday to join striking oil refinery staff with a walkout next week after the French government resorted to emergency powers to compel some fuel depot workers to return to their jobs in a bid to ease petrol shortages.

France 24

France orders some fuel staff back to work to tackle refineries strike

The French government on Tuesday said it would requisition staff at some petrol depots as it battles to secure petrol supplies following weeks-long strikes, putting it on a collision course with the hardline CGT union as social tensions rise.

Reuters

French government ‘worried about Britain’, Macron’s finance minister says

Bruno Le Maire is the French opposite number to chancellor Kwasi Kwarteng

The Independent UK

France to boost aid to firms in major difficulty due to energy crisis

French Finance Minister Bruno Le Maire has promised faster and bigger state aid for companies hit hard by the energy crisis.

Radio France Internationale

France vows to keep electricity prices capped as EU energy costs soar

French Finance Minister Bruno Le Maire has pledged to keep electricity costs in check for consumers as European energy prices soar to record levels.

Radio France Internationale

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Radio France Internationale

Macron's Marchers present their spending power plans to hostile parliament

From Monday, the French parliament will debate two bills presented by the government, aimed at shielding the least well-off from the impact of inflation. In the light of last week's setback for the presidential party on the question of health regulations, discussions are likely to be troubled.

The Independent UK

‘I won’t miss him’: French finance minister attacks Boris and Brexit

‘Personally, I won’t miss him,’ says French Finance Minister Bruno Le Maire

Radio France Internationale

France may restart coal-fired power plant ahead of winter energy spike

The French government is mulling the reopening of a coal-fired power plant in the north-eastern Lorraine region this winter, as a precaution against power outages as Europe braces for an energy crisis due to Russia's invasion of Ukraine.

Reuters

French Finance Minister: parliament result is "democratic shock," but we can govern

French Finance Minister Bruno Le Maire said he felt confident President Emmanuel Macron will be able to govern the country even though his camp lost its absolute majority.

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Radio France Internationale

France in talks with UAE to replace Russian oil supplies

France is in talks with the United Arab Emirates to replace Russian oil purchases, which will stop after the imposition of a European Union ban on Russian crude, Finance Minister Bruno Le Maire said on Sunday.

Newsroom.co.nz

Endangered languages on NZ’s doorstep

As International Language Week draws to a close, and Samoan Language Week begins, John Middleton explains the urgent need to document the endangered Pacific tongues

Tribune News Service

French debt levels back in focus as government gets to work

France’s new government reaffirmed the country’s pledge to lower debt after the COVID-19 pandemic forced President Emmanuel Macron to carry out an unprecedented spending splurge to prevent the economy from crashing.

Reuters

Factbox-Macron's next government: continuity over change

French President Emmanuel Macron unveiled his new cabinet on Friday, holding on to more ministers from his last government than had been anticipated after he promised a "new way" of ruling following his re-election in April.

France 24

Macron revamps cabinet under new Prime Minister Élisabeth Borne

The Élysée Palace unveiled a revamped cabinet on Friday under new Prime Minister Élisabeth Borne, France's second-ever female premier. A month after his re-election and ahead of crucial parliamentary polls in June, President Emmanuel Macron appointed Catherine Colonna, France's ambassador to the UK, as his new foreign minister while keeping…

Reuters

An EU embargo on Russian oil in the works - French minister

French Finance Minister Bruno Le Maire said on Tuesday that an embargo on Russian oil at a European Union level was in the works, adding that France's President Emmanuel Macron wants such a move.

The Independent UK

France pushing for energy sanctions against Russia

France’s economy and finance minister Bruno Le Maire said there is a “total determination” from all 27 EU member countries to reinforce sanctions against Russia that could finally target the energy sector after evidence of massacre of Ukrainian civilians emerged this week

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