Advertising

Keywords: Debt


France’s credit rating downgrade by S&P seen as “Call for Responsibility,” says Minister

Paris, October 18, 2025 — The recent downgrade of France’s sovereign credit rating by S&P Global Ratings has been described by French Economy Minister Roland Lescure as a “call for lucidity and responsibility.” He stressed that to convince rating agencies, the 2026 budget......

Markets remain unmoved by suspension of French pension reform

Paris — The suspension of France’s controversial pension reform failed to stir financial markets on Tuesday, as investors cautiously welcomed signs of short-term political stability but warned that deeper fiscal problems remain unresolved. The CAC 40 fell only 0.5% after......

Casino reportedly preparing to restructure its debt once again

French retail group Casino may soon face a new debt restructuring, less than three years after its last major financial overhaul, according to the Financial Times. The company, controlled since 2024 by Czech billionaire Daniel Kretinsky, must repay €1.4 billion by March......

Morocco: Alliances Group posts 30% rise in net profit in H1 2025

Alliances Group, one of Morocco’s leading real estate developers, reported a net profit of 216 million dirhams at the end of June 2025, marking a 30% increase compared with the same period last year. The company’s gross margin reached 35% of its turnover, according to a statement released......

Boycott calls intensify against World Forum of Women for Peace over Israeli participation

Female activists and organizations in Morocco, including the Justice and Development Party's women's wing, have demanded a boycott of the upcoming World Forum of Women for Peace, accusing it of legitimizing Israeli actions in Gaza. The forum, scheduled to take place in Essaouira from September......

CMI unveils "Fatourati Collect" to transform debt collection for Moroccan businesses

The Centre Monétique Interbancaire (CMI) has launched “Fatourati Collect,” a digital platform designed to streamline debt collection processes for businesses across Morocco. Introduced on September 7, 2025, this innovative service aims to enhance operational efficiency, reduce payment......

France’s credit rating downgraded amid political and financial uncertainty

France’s credit rating was downgraded on Friday by Fitch, one of the world’s major rating agencies, marking the lowest level the country has ever received from a top institution. The downgrade, from “AA-” to “A+”, highlights growing concerns over France’s mounting......

France’s debt crisis deepens as prime minister faces confidence vote

France is grappling with an escalating sovereign debt crisis that threatens to destabilize the eurozone's second-largest economy as political turmoil compounds the government’s challenges. Prime Minister François Bayrou faces a critical confidence vote on Monday that could lead to his......

Bayrou faces political turmoil as France braces for confidence vote

France is entering a period of political uncertainty as Prime Minister François Bayrou prepares for a crucial confidence vote on September 8 over his debt-reduction plan. The proposal, aimed at saving €44 billion ($51 billion), has drawn sharp criticism from opposition parties and unions,......