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Free AccessFin Min Talks Up Econ, But Strikes Still Pose Political Risk
Reuters carrying comments from French Finance and Economy Minister Bruno Le Maire. States that he welcomes the latest Q4 French jobs figures, the gov't is sticking to its goal of 'full employment' by 2027. Says he wants all countries in the eurozone to come back to having 'healthy public finances'.
- Le Maire: 'France is taking the necessary steps to come back to sound public finances along with investments in the green economy'.
- Le Maire: The French economy 'is doing well, low inflation rate in France and the country is creating jobs'.
- States that 'we need a capital market union' to help SMEs.
- France24 reports: "The unions said in a joint statement that they would call for a national strike that would "bring France to a standstill" on March 7 if the government "remained deaf to the popular mobilisation". Another day on protests and strike is planned on February 16."
- President Macron's approval sits at multi-year lows, with the 66% disapproval recorded on 2 Feb the highest since Feb 2020. PM Elisabeth Borne's disapproval rating of 69% is the highest on record.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.