An Economic Recovery May Save Hollande’s Presidency

France’s recession is officially over, as newly released economic data showed a surprising return to growth in the second quarter. The national economic statistics agency, INSEE, reported that the French economy grew by 0.5% between April and June, its best showing in the last two years. The unexpected boost was attributed in large part to […]

Gloomy News for Euro Funds as France Suffers New Downgrade

Following a downgrade by credit rating agency Standard & Poor’s earlier this year, on November 19 Moody’s Investors Service stripped France of its AAA bond rating in a blow to the western European nation and its neighbors.  The move comes as Moody’s underscores its “negative outlook” on the economies of Germany, the Netherlands, and Austria […]