What can the World expect from France?
Today is an election day in France. But if you expect some surprising news, you had better to check out this few radical ideas that will emerge soon.
» Read moreFrançois Hollande’s monetary backflip
In a recent speech on the air of the radio Europe 1, the socialist candidate François Hollande advocated for statuses reforms of the ECB in order to allow Frankfort to “lend directly” to the eurozone States. His move contradicts what he said in the past.
» Read moreSpanish (undoubtful) fact of the day
Today, the central bank of Spain published its monthly statistics on doubtful assets owned by its private banks. Doubtful assets are mainly composed of non-performing loans or arrears. In other words: money owed to banks that household or companies are possibly not going to pay back. Without surprise, the amount of these bad assets is still rising.
» Read moreCollaborative finance: not so easy to innovate in France
While the financial crisis highlights the gaps and flaws of today’s complex financial system, those who are trying to innovate and develop better practices such as P2P lending, micro credit and P2P venturing are facing a lot of legal constraints.
» Read moreWhat’s all the fuss about futures derivatives on french bonds?
A rumor is currently trending in France: Sarkozy would be the instigator of the launch by Eurex of a new market for derivative on French bonds. For some, the move is intended to stimulate market pressure on french debt and thus give credit to austerity speeches. However, these information are highly subject to misunderstandings and fake informations. You can read my analysis on my english
» Read moreNew future market on french bonds: a water pistol against France
A rumor is currently trending in French media: Sarkozy would be the instigator of the launch by Eurex (pdf) of a new market for derivative on French bonds. For some, the move is intended to stimulate market pressure on french debt and thus give credit to austerity speeches.
» Read moreIs France in denial? Not more than the rest of the World
Last week, The Economist published an astounding piece about the French elections, entitling its weekly magazine “France in denial“. Here is an abstract that will give you a taste: Yet what is most striking about the French election is how little anybody is saying about the country’s dire economic straits. The candidates dish out at least as many promises to spend more
» Read moreFrench Press doesn’t get the Irish crisis
French press get it wrong about the so called “deal” reached by the Irish government with the ECB and European Commission.
» Read moreFrench press’ mistaken view on the Irish promissory notes deal
On Thursday, the Irish government announced that it reached a deal about the promissory notes issue, that forces Ireland to pay 3,06 bn euros on march 31st. But this deal actually does not defer any payment neither relieves Ireland from its heavy debt burden. In France, the only newspaper that reported about this information was Les Echos. But their paper is such a misleading
» Read moreWhy collaborative finance struggles to emerge in France
Legal limbo, conservativeness of monetary authorities, and lobbying from traditional actors: tomorrow’s finance startups struggle to emerge in France. Read my investigation on the topic here (in french).
» Read more