Keyword: 2013

France overshoots deficit target

Staistics released Monday show France's deficit fell to 4.3% of GDP in 2013, missing the set target by 0.2% despite austerity measures.

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Yes, 2013 was a very good year...if you were rich


According to many financial experts, last year marked a turning point in which the world finally began to put the financial crisis behind it. But if 2013 was the year when stock and property markets recovered to pre-crisis levels, it was also a period when the gap between the super rich and everyone else widened to levels not seen for practically a century. In the United States, as much as half of national income went to the very rich, a concentration of wealth last seen in 1917. In Europe poverty has made a comeback, and the most disadvantaged are scrambling to feed themselves and their families. Martine Orange reports.

France to turn corner on growth in final quarter of 2013

According to preliminary figures released by French central bank, the country’s recovery gained ground at the end of 2013 with 0.5% growth.

French movie ticket sales slump in 2013

Online viewing and lack of major hit films blamed for sale of only 192.8 million tickets in 2013, below the average for the past 10 years.

French unemployment climbs again in first quarter

The jobless rate reached 10.8 percent in the first quarter of 2013, the highest it has been since 1998, according to the latest data.

France misses 2012 budget deficit target

The nominal deficit last year was 4.8% of GDP while public debt rose last year to 1.8tn euros, representing a record 90.2% of GDP.

France facing up to minimal economic growth this year

President Hollande conceded France will miss its 0.8 percent 2013 target, after foreign minister said growth could be less than half that level.

Marseille hopes for image makeover with culture year

Plagued by a reputation for gang crime and lawlessness, France's port city wants its year as European Capital of Culture to change perceptions.

French growth forecasts show challenge to 2013 deficit goals

The French economy contracted towards the end of 2012 and will barely grow in the first half of next year says national statistics agency Insee.

Feuding French conservatives set new leadership vote

The opposition UMP party, which has been locked in an acrimonious leadership struggle, has agreed to hold a new vote before October 2013.

France to Cut Growth Forecasts

The new government has warned it will cut its economic growth forecasts for this year and next, which could point to a need for greater austerity.