Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: One was killed, another injured in a raid by an Israeli drone on the city of Khiam in South Lebanon
London views possibility of setting fire to tanker in port of friendly country to Russia to damage port infrastructure, initiate an international probe: Moscow
One of London's scenarios involves setting up accident with 'undesirable' tanker in one of the bottlenecks of maritime communications: Russian foreign intelligence agency
London plans to organize major sabotage with tankers to declare transportation of Russian oil to international shipping: Russian foreign intelligence agency
UK intelligence agencies plan to use NATO allies to launch massive raid on 'Shadow Fleet': Russian foreign intelligence agency
Palestinian Ministry of Health: Two were martyred in Israeli shelling that targeted a besieged house in the town of Qabatiya in Jenin
At least 68 dead in migrant shipwreck off Yemen: IOM
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.

French business confidence drops amid political, fiscal uncertainty

  • By Al Mayadeen English
  • Source: Bloomberg
  • 19 Dec 2024 17:23
2 Min Read

All sectors of the economy, with the exception of industry, reported a decline in confidence during Insee's latest business survey.

Listen
  • x
  • AP
    A man uses his cell phone at the foot of an office building with placards reading: Offices for rent, in the business district of Haussmann Boulevard, in Paris, Thursday, August 14, 2014. (AP)

French business confidence has fallen for the third consecutive month in December, deepening concerns about the country's economic outlook, Bloomberg reported on Friday.  

The latest data from Insee, France's national statistics agency, showed its sentiment index dropped by two points to 94, the lowest since July. 

The downturn comes after President Emmanuel Macron dissolved the National Assembly in July, triggering elections that rattled businesses and investors.

In December, former Prime Minister Michel Barnier was dismissed in a no-confidence vote, leaving the country without a clear fiscal direction.

Macron subsequently appointed Francois Bayrou as the new prime minister, tasking him with forming a government and crafting a plan to repair public finances.

However, negotiations over the cabinet's composition have stalled, leaving France reliant on emergency budgetary measures as it enters 2025.

Related News

French PM Bayrou faces no-confidence vote

French gov. to cut third of agencies to reduce budget deficit: FT

Read more: New French PM begins consultations to form new government

Confidence falters

All sectors of the economy, with the exception of industry, reported a decline in confidence during Insee's latest business survey.

The employment climate index also slipped to 96, well below the long-term average of 100, signaling weakening prospects for job creation.

The uncertainty is prompting businesses to scale back investment and hiring plans.

Earlier this week, Insee warned that economic growth would likely remain sluggish in the first half of 2025 unless the political deadlock is resolved quickly.

The Bank of France echoed this sentiment, cutting its growth forecast for next year to just 0.9%.

La note de conj @InseeFR est sortie.

L'activité est suspendue à un regain de confiance : les enquêtes sont dégradées, l'incertitude politique peut renforcer l'attentisme.

La croissance serait nulle en fin d'année et de 0,2 % par trimestre début 2025.https://t.co/0pSkAhNtRh pic.twitter.com/pHMbCtUzkR

— Stat'junior 📊 (@statjunior) December 17, 2024

  • Francois Bayrou
  • INSEE
  • France
  • French economy

Most Read

A rescued crew member from the ETERNITY C vessel in a video released by the Yemeni Armed Forces on July 28, 2025 (Yemeni Military Media)

Yemen Navy reveals fate of targeted Eternity C ship crew

  • Politics
  • 28 Jul 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A member of the al-Qassam Brigades, the armed wing of Hamas, takes part in a parade as he celebrates a ceasefire agreement between Hamas and the Israeli regime in Deir al-Balah, Gaza Strip, Sunday, January 19, 2025 (AP)
Politics

Al-Qassam: We’ll allow aid to Israeli captives if Gaza siege ends

Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)
Politics

Exclusive: Resistance key to building state, Georges Abdallah says

United Nations Secretary General Antonio Guterres gives a statement about the situation in Gaza at UN headquarters, Friday, June 27, 2025 (AP)
Politics

UN warns Gaza faces water crisis, looming famine under Israeli siege

Israeli soldiers drive their armored personnel carrier along the Gaza Strip, in southern occupied Palestine, Wednesday, July 30, 2025 (AP)
Politics

Ex-Israeli general says Gaza starvation campaign isolated 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS