OctaFX | OctaFX Forex Broker
Open trading account
Back

French BudgetMin: France official 2017 GDP forecast remains at 1.7%

Comments crossed the wires from the French Budget Minister Darmanin, delivered in an interview with Les Echos.

Key Points:

France official 2017 GDP forecast remains at 1.7%.

Department being cautious, could have raised it to 1.8%.

All is done for the budget deficit to be brought back below 3% threshold at 2.9%.

Expects higher VAT revenue for 2017, additional EUR 1bln.

Planned exceptional tax on large companies is the lesser evil to help balance the budget, rather than higher taxes generally.

Turkey 3mth quarterly jobless average dipped from previous 10.7% to 10.6% in August

Turkey 3mth quarterly jobless average dipped from previous 10.7% to 10.6% in August
Read more Previous

AUD/USD hangs near 4-month lows, below 0.7600 handle

   •  Tumbles to over 4-month lows on weaker wage-growth data.    •  Fails to benefit from broad-based USD weakness/sliding US bond yields.    •  Fo
Read more Next
Start livechat