France unveils ‘massive’ 18 billion-euro aid plan for tourism sector hit by...
French Prime Minister Édouard Philippe announced a “Marshall” plan for the tourism sector of up to €18 billion euros to save the industry, hardly hit by the coronavirus pandemic. Tourism is “a national...
View ArticleFrance’s ‘massive’ 18 billion-euro aid plan ‘gives the tourism sector a bit...
French Prime Minister Édouard Philippe announced a “Marshall” plan for the tourism sector of up to €18 billion euros to save the industry, hardly hit by the coronavirus pandemic. Tourism is “a national...
View ArticleWTO Chief Azvedo to step down earlier amid 'post-Covid reality' as global...
The chief of the World Trade Organization (WTO), Roberto Azevedo, announced he will be ending his 10-year term earlier than expected, resigning at the end of August 2020, amid a worldwide economic...
View ArticleGermany’s economy shrinks 2.2% in 1st quarter amid coronavirus pandemic
Germany has reported a 2.2% drop of its GDP over the course of the first 3 months of 2020, but the worse could be yet to come, as FRANCE 24’s business editor Cole Strangler reports. “It’s the worse...
View ArticleFrench economy sees record drop in wake of coronavirus lockdowns
France's economy contracted by a record 13.8 percent in the second quarter under the impact of coronavirus lockdowns, the national statistics institute INSEE said Friday.
View ArticleCollapse in eurozone GDP, though signs point to recovery
Latest figures show a record 12.1% collapse in GDF for the second quarter across the eurozone. Alexandre Kateb, economist and senior lecturer at Sciences Po, says while there have been recent...
View ArticleChina GDP grows 2.3% in 2020, slowest in more than four decades
China's economy grew at the slowest pace in more than four decades last year despite a rebound after the country's coronavirus outbreak, official data showed Monday. The 2.3 percent expansion is the...
View ArticleJapan's stocks soar despite economy shrinking in 2020
Tokyo's Nikkei closed above the 30,000 yen mark for the first time since 1990, despite Japan reporting its first annual GDP contraction since the 2009 financial crisis. The country's economy shrank...
View ArticleGreece reopens borders to non-EU tourists amid fast Covid-19 vaccination...
Greece has kicked off its tourist season, with some 40 international flights expected into the country this Friday. The government and the travel operators are hoping the lure of sun, sand and sea will...
View ArticleGreece opens to tourists amid fast Covid-19 vaccination, as authorities hope...
Greece has kicked off its tourist season with some 40 international flights expected to arrive in the country this Friday, with the government and travel operators hoping the sun, sand and sea mix will...
View ArticleUS Senate passes sweeping bill to address China tech threat
The US Senate voted 68-32 on Tuesday to approve a sweeping package of legislation intended to boost the country's ability to compete with Chinese technology. An indignant China responded to the vote by...
View ArticleThailand to re-open to vaccinated tourists from November
Thailand plans to fully re-open to vaccinated tourists from countries deemed low risk from November 1, the country's leader said Monday, citing the urgent need to save the kingdom's ailing economy....
View ArticleChinese quarterly growth slows, missing expectations
China's Q3 GDP growth came in below forecasts at 4.9%, as power shortages, supply chain disruptions and a liquidity crisis in the real estate market continue to weigh on the economy. Also, Facebook...
View ArticleFrench 2021 economic growth strongest in 52 years at 7%
France posted its strongest growth in over five decades last year, hitting 7% as the euro zone's second-biggest economy bounced back from the Covid-19 crisis faster than expected, data showed on Friday.
View ArticleFrench GDP grows 7% in 2021 in strong rebound
The French economy grew an estimated 7 percent in 2021, fuelled by strong domestic demand despite the ongoing Covid-19 pandemic and rising inflation. Economy Minister Bruno Le Maire says the new...
View ArticleSugar rush: Russia struggles with 'unjustified' price hikes and shortages
Russians have begun to feel the consequences of Western sanctions imposed on Russia after its invasion of Ukraine. Annual inflation in Russia reached its highest level since late 2015 as of March 11...
View Article'Venywhere': Can remote workers keep Venice afloat?
Venice launched a new program to attract young professionals and digital nomads to repopulate the historic city, as FRANCE 24's Natalia Mendoza reports.
View ArticleFrance: Low growth and inflation increase risk of stagflation
Income growth has stagnated as prices for essential goods and energy are on the rise. New figures from France’s National Institute of Statistics and Economic Studies (Insee) indicate that France could...
View ArticleRussia enters recession as GDP falls by 4%
Russia has entered a recession, nine months after launching its offensive in Ukraine as Western sanctions weigh on the economy, according to official data published on Wednesday.
View ArticleEconomists urge China to adopt new model to head off climate risks
A team of influential economists has urged China to adopt a new development model based on "wellbeing" rather than GDP growth in order to fulfil its 2060 net-zero emissions goals and head off the...
View ArticleSeeding opportunity: Agriculture represents almost 25% of Nigera's GDP
FRANCE 24 brings you special reports ahead of Nigeria’s crunch presidential election on Saturday. Some 93.5 million voters are eligible to cast ballots to choose a new president, Muhammadu Buhari...
View ArticleFrance has narrowed its budget deficit, but how does it compare to other EU...
French economists and public auditors alike breathed a sigh of relief as the national statistics agency INSEE on Tuesday published an annual report showing that the country’s 2022 budget deficit...
View ArticleEthiopia's opal market: Government keen to boost and regulate opal trade
Opal is a spectacular stone with unique, and beautiful reflections. In Ethiopia, deposits were discovered in 2008 in the north of the country, and it quickly the world's second-largest exporter. In...
View ArticleHead of France's Medef business lobby sees signs of business slowdown
There are signs of a slowdown in business activity in France and interest rates are also weighing on businesses, Patrick Martin, the head of France's Medef business lobby group, said on Monday....
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