In France, the property tax for 2024 shows an increase of at least 3.9% in certain municipalities. Details in this article!
The real estate market in the Île-de-France is teetering, and the figures keep coming, relentless. This sector, once a solid pillar of the regional economy, now finds itself caught in an unprecedented downward spiral, where transactions are collapsing and prices continue their dizzying fall. The walls of the capital and its surroundings, once synonymous with stability, are cracking under the combined effects of soaring interest rates, economic uncertainty, and buyer reluctance. In this tense climate, where the cards are being reshuffled, buyers are regaining control while sellers are struggling to adapt.
The French economic landscape has just crossed a symbolic threshold: inflation has finally fallen below the 2% mark, the first time in three years. As economists and markets scrutinize every variation of the indicators, this return to a historically low rate marks a turning point after a period characterized by incessant price increases, particularly in energy. In this post, we will analyze in detail the figures that confirm this trend, relying on the latest data provided by Insee. We will then examine the specific factors that have contributed to this slowdown in inflation, and the implications of this development for consumers, businesses, and economic policies.
When game publishers turn the art of entertainment into a scam: virtual items to better empty our pockets!
The adoption of cryptocurrencies in France has never been stronger. New data confirms this. With 18% of French people now holding crypto assets, the country seems to be heading decisively towards a broader integration of these financial technologies. Far from being a niche phenomenon, this trend reflects a profound transformation of the economic landscape, driven by technological innovations and financial upheavals.
France has made an unexpected request to the European Commission as Europe seeks to maintain post-pandemic budgetary balance. Indeed, it is asking for an extension of the deadline for submitting its public deficit reduction plan. The aim behind this request is to enable it to align this plan with the finance law for the year 2025. With a colossal public debt, France is far beyond the thresholds set by the EU. This request therefore threatens the economic stability of the euro area, as well as that of the crypto market.
After the arrest of its CEO Pavel Durov in France, Telegram is making a major strategic shift regarding its privacy policy and international presence.
After 51 days of suspense, Barnier arrives at Matignon and the banks soar, proving that anything can happen!
Durov freed, cryptos panic: when the market loses its mind, gamblers go to cash out.
With Durov behind bars, Toncoin is crashing. The crypto is plummeting like a failed souffle. A real crash!
In response to the uproar in the crypto world, French President Emmanuel Macron has broken his silence regarding the controversial arrest of Pavel Durov, founder and CEO of Telegram. In a message published on X (formerly Twitter), Macron firmly denied any political motivation behind this arrest that is shaking the technology industry.
Once supported by a range of government measures, French businesses now find themselves facing an unforgiving economic reality. The end of public aid reveals the depth of the difficulties facing numerous sectors and results in a dramatic rise in business failures and liquidations. In this article, we will dissect the most recent data to understand the extent of this wave of failures, analyze the underlying causes, and explore the paradoxes of this troubled period, where the desire to undertake persists despite the obstacles. For while the shadow of the crisis looms, it has not yet suffocated the entrepreneurial spirit, which, against all odds, manifests vigorously in certain regions of the country.
Jackson Hole raises doubt: the CAC 40 moves cautiously, investors await the Fed's verdict.
As international tensions and economic fluctuations shape the daily reality of global markets, French motorists are witnessing a surprising development: the price of diesel, the primary fuel of the roads in France, has reached its lowest level in over a year. In a context where inflation erodes purchasing power and every penny counts, this unexpected drop is a ray of hope for millions of consumers. But behind this apparent decrease, what economic mechanisms are at work? Which global factors influence pump prices, and above all, how long might this respite last?
The global real estate market is shaken by unprecedented crises, affecting both emerging giants and mature economies. In China, once the spearhead of global growth, the collapse of real estate investment highlights the flaws of a development model based on frenzied urbanization. This sharp decline, much more than just a cyclical slowdown, resonates as a warning for the global economy. Meanwhile, in France, another bastion of stability is wavering, with a real estate crisis marked by a continuous drop in prices and an unprecedented wave of bankruptcies among agencies. These two seemingly distant phenomena reveal a common vulnerability and raise the question of a potential global contagion.
Arrest of Holograph hacking suspects: a major breakthrough in the fight against cybercrime and crypto security.
The return of the ISF frightens wealthy savers: Discover why Luxembourg is becoming their preferred tax refuge.
Real estate, once perceived as a safe-haven investment in France, is now wobbling under the weight of formidable economic and political forces. While sellers face a reality where prices continue to plummet, real estate agents see their future darkening at an alarming rate. This previously flourishing market, which experienced years of uninterrupted growth, is now going through an unprecedented crisis.
French Savings Behavior is evolving in 2024: a shift towards sight deposits marks a new era for finance.
Hackers launch an attack on the Olympics: ransom demanded in cryptocurrency. The Grand Palais and other tourist sites threatened.
The month of August is of crucial importance for taxpayers in France, with three major tax deadlines to watch out for. These dates, related to payments, tax assessments, and correction possibilities, are crucial for effective tax management and compliance with legal obligations.
The AMF forces Bybit to leave France; users must liquidate their positions before August 13.
July sees a resurgence of inflation in France at 2.3%, caused by a significant rise in energy prices.
The Paris stock exchange begins the week with a gloomy note. It fell by nearly 0.4% this Monday morning. This slight decline is part of a tense context, marked by a flood of upcoming quarterly results and persistent questions about the health of the global economy.
The French economy demonstrates resilience in the second quarter of 2024, with GDP growth of 0.3% according to Insee. This performance, which exceeds forecasts, occurs in a context of significant slowdown in the real estate sector.
The French real estate sector is going through a major crisis, surpassing the darkest scenarios. The latest statistics from the Notaries of France reveal a sharp slowdown in transactions and a general devaluation of real estate properties.
Cheaper electricity from 2025, announces EDF. Consumers celebrate this decrease, EDF grimaces.
The decline of cash and ATMs in France paves the way for cryptocurrencies, despite the ECB's ambitions with the digital euro.
France faces a colossal budgetary challenge. The CAE recommends drastic measures to restore finances and stimulate the economy.
At the dawn of the 2024 Paris Olympics, France is gearing up for an unprecedented economic marathon. As the world watches the Hexagon closely, the stakes go beyond the sporting arena: the entire French economy is at the starting line. A crucial question arises: what will be the real impact of this global event on the French economy?