About: Bruno Le Maire
France puts dividends payments into ‘confinement’ amid COVID-19 crisis
The French government intends to prohibit the payment of dividends to companies receiving state funding. While this would remain a partial ban, many are eager to see it become generalised in the context of the health and economic crisis. EURACTIV France reports.
COVID-19: France wants to activate EU bailout fund without conditions or delay
The financial crisis management tool of the eurozone countries must be activated without delay and without conditions, said French Economy Minister Bruno Le Maire before the Eurogroup meeting on Tuesday (24 March). EURACTIV France reports.
Coronavirus puts French agricultural production centre-stage
In France, the coronavirus crisis has put the agricultural sector back in the spotlight as concerns persist about the transport of food and seasonal shortages of farm labourers. EURACTIV France reports.
After declaring ‘war’ on COVID-19, France readies measures to uphold economy
To cushion the economic impact of the coronavirus, French Economy Minister Bruno Le Maire has announced a series of measures to support businesses, including "nationalisation". EURACTIV France reports.
Fearing coronavirus recession, France weighs nationalisation
France's finance minister said Tuesday (17 March) that he was willing to nationalise large companies to protect them from bankruptcy, while warning that the country faces recession this year as the coronavirus epidemic sinks the economy.
France will not let Huawei’s investments influence its 5G expansion plans
French Economy Minister Bruno Le Maire said Huawei's willingness to open a factory in France would not change "the government's position on 5G in any way". EURACTIV's partner La Tribune reports.
Online platform regulation: French economy ministry gets up and running
While the European Commission presented its digital strategy last week, France's economy and finance ministry brought together around a hundred experts on Monday (24 February) in an attempt to sketch out ways of regulating online platforms. EURACTIV's partner La Tribune reports.
France to Britain: No fish for finance deal
The European Union must not give the UK concessions on access to EU financial markets in exchange for rights to fish in British waters, Finance Minister Bruno Le Maire said on Thursday (6 February).
Talks on digital tax with US remain difficult – France’s Le Maire
France’s Finance Minister Bruno Le Maire said on Tuesday (21 January) talks with the United States on the taxation of digital companies “remained difficult” despite a pledge from the two countries to avoid a trade war until at least the end of this year.
France and US seek compromise on digital tax in 15 days
France and the US will try to settle their dispute over the French digital tax in 15 days to avoid further tariffs, French Finance minister Bruno Le Maire said on Tuesday (7 January).
France ready to take Trump’s tariff threat to WTO
France is ready to go to the World Trade Organization to challenge US President Donald Trump's threat to put tariffs on champagne and other French goods in a row over a French tax on internet companies, its finance minister said on Sunday (8 December).
We will ‘react as one’, EU tells US over French digital tax dispute
The European Commission wants to settle the latest trade dispute with the US over the French digital tax “amicably”, but warned that the bloc will “react as one” if Washington slaps tariffs on Paris.
US vows 100% tariffs on French Champagne, cheese, handbags over digital tax
The US government on Monday (2 November) said it may slap punitive duties of up to 100% on $2.4 billion in imports from France of Champagne, handbags, cheese and other products, after concluding that France's new digital services tax would harm US tech companies.
French banks still fund coal despite finance minister’s plea
A year ago, French Finance Minister Bruno Le Maire urged French banks, insurers and asset managers to stop funding any mines or coal plants. Two weeks before the Climate Finance Day (28 November, Paris), a group of NGOs published a report urging them to take a step further. EURACTIV's partner La Tribune reports.
Amid Brexit and trade wars, European industry faces economic gloom
The eurozone's manufacturing sector contracted for the ninth consecutive month in October, based on the latest Purchasing Managers' Index (PMI) calculated by the Markit firm. EURACTIV's partner La Tribune reports.
The report that could relaunch France’s nuclear sector
The former CEO of PSA Peugeot Citroën published a report on the third-generation pressurised water reactor design known as EPR, detailing the weaknesses of France's nuclear sector, while giving the government and EDF reason to justify building nuclear power plants. EURACTIV's partner La Tribune reports.
US slams tariffs on EU goods, targeting Airbus, wine and whisky
The United States imposed tariffs on a record $7.5-billion worth of European Union goods on Friday (18 October), despite threats of retaliation, with Airbus, French wine and Scottish whiskies among the high-profile targets.
France urges Germany to follow its example with budget stimulus
France will cut taxes by more than €10 billion next year and Germany should follow Paris' footsteps with fiscal stimulus to revive its flagging economy, France's finance minister said on Thursday (26 September).
France and Germany show unity in response to US-China trade war
Paris and Berlin are sticking together in the face of the American trade threat. Both countries want to do everything possible to avoid the introduction of new customs duties between Europe and the US. EURACTIV France reports.
Altmaier’s cloud initiative and the pursuit of European digital sovereignty
In October, German Economy Minister Peter Altmaier is set to reveal more detailed plans for the establishment of a landmark European Cloud initiative known as 'Gaia-X.'
Spain obstructs agreement on ‘Tobin tax’
Revenue sharing among member states appears as the main outstanding issue to reach an agreement on the financial transaction tax (FTT), as Spain is still opposing the mutualisation of the resources, European officials told EURACTIV.
Le Maire: ‘Capitalism is in a dead end, must reinvent itself’
French finance minister Bruno Le Maire is determined to chair an “efficient” meeting with his colleagues of the G7 countries on Wednesday and Thursday. His goal is no less than to refound capitalism. As a first step, he wants to reach an agreement on the main features of digital tax, to pave the way for an international compromise by early next year.
Digital Brief: The return of the Digital Tax
French Parliamentarians today voted to approve plans that would see a 3% levy imposed on any digital company with revenues of more than €750 million, with €25m of that figure being generated in France. The green light came after some heavy pressure from US counterparts who attempted to sway the French.