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The Latest Breaking News from Eric Coquerel

French Luxury Billionaire Sparks Tax Debate With Threat To Leave

Bernard Arnault, the billionaire boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the French government by suggesting that companies could flee France for the United States to escape a planned tax hike.

International Business Times

Macron under increasing pressure to rebuild government

After a weekend wrapped in the glory of presiding over the reopening of Paris' Notre-Dame cathedral, French President Emmanuel Macron has returned to earth with a bump – summoned by his own camp to name a prime minister "within hours" to end the current political turmoil.

Radio France Internationale

French PM Michel Barnier loses no-confidence vote as government collapses in fresh crisis for Macron

It is the first time a government in France has been forced out by such a vote in more than 60 years

The Independent UK

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French finance ministry warns budget deficit higher than expected

France’s deficit could be much higher than expected if more cuts are not made, the finance ministry warned lawmakers, pointing to a shortfall in tax revenue and an increase in local spending.

Radio France Internationale

French PM promises to boost household finances ahead of snap vote

French President Emmanuel Macron's centrist alliance would lower power bills, soften inheritance tax and link pensions to inflation if it wins a snap election, the prime minister said, seeking to counter the threat from the far right and a left-wing bloc.

Radio France Internationale

Macron's inflation-relief bill faces narrow path to compromise in parliament

President Emmanuel Macron's French government, hunting for votes to enact a cost-of-living relief bill after losing its majority in parliament, is open to amendments backed by conservative opponents that would incentivise work, a government source said.

Reuters

Far-left lawmaker to chair French parliament's powerful finance committee

Far-left France Unbowed (LFI) MP Eric Coquerel was on Thursday elected to the key post of president of the National Assembly's influential Finance Committee.

Radio France Internationale

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