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France GDP

France implements Macron's Covid pass despite protests
World

France implements Macron's Covid pass despite protests

  • The government is pressing ahead with the extension of an already-existing health pass to cafes, restaurants and intercity travel, despite four weekends of angry protests that saw almost a quarter of a million rally nationwide on Saturday
Published 09 Aug, 2021 09:56am
US, Britain rush supplies to virus-stricken India
World

US, Britain rush supplies to virus-stricken India

  • A surge in recent days has seen patients' families taking to social media to beg for oxygen supplies and locations of available hospital beds, and has forced the capital New Delhi to extend a week-long lockdown.
Published 26 Apr, 2021 10:22am
Short new lockdown shouldn't affect French growth forecast: Villeroy
World

Short new lockdown shouldn't affect French growth forecast: Villeroy

  • President Emmanuel Macron on Wednesday ordered France into its third national lockdown and said schools would close for three weeks as he sought to push back a third wave of COVID-19 infections that threatens to overwhelm hospitals.
  • The French central bank said last month that the euro zone's second-biggest economy was set to grow 5.5% this year.
Published 01 Apr, 2021 07:21pm
France looks to ease family gifting rules to reduce savings glut
World

France looks to ease family gifting rules to reduce savings glut

  • Like many countries, France has seen a surge in savings during the coronavirus crisis due to various restrictions on movement that prevented people from spending in bars, restaurants, cultural venues and on trips.
  • The central bank estimated last month that households had built savings in excess of what could be expected under normal circumstances of up 120 billion euros ($144.4 billion) last year.
Updated 04 Mar, 2021 09:52pm