Dominique Barbet News
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The euro-area inflation rate unexpectedly fell in January as high unemployment and austerity measures across the 17-nation currency bloc damped demand.
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French service industry output slumped to a 46-month low and manufacturing fell, adding to indications Europe’s second-largest economy may be in recession.
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French industrial confidence unexpectedly fell in January, the latest indication that Europe’s second-largest economy may be edging closer to a recession.
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President Francois Hollande’s 75 percent millionaire-tax is unconstitutional because it fails to guarantee taxpayer equality, France’s top court ruled today.
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French business confidence and industrial production unexpectedly declined as President Francois Hollande grapples with a budget deficit and an economy that is on the verge of recession.
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French business confidence climbed for the first time this year last month and factory output unexpectedly increased in July, suggesting the euro region’s second-largest economy may regain some strength.
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Belgium’s expansion slowed in the first quarter as harsh weather hampered the economy’s recovery from the worst slump in at least six decades.
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French inflation held steady in November, suggesting companies are struggling to pass on higher energy costs as the economy weakens.
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The euro-area jobless rate rose to a record and inflation eased to a 23-month low as the fiscal crisis and tougher austerity measures deepened the region’s economic woes.
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The euro-area jobless rate rose to a record in October and inflation slowed for a second month in November as the fiscal crisis and tougher austerity measures deepened the region’s economic woes.
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