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Search resuls for: "Emmanuel Macron's"


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☆ EDF faces 32 bln euro earnings hit from lower nuclear output
  + stars: | 2022-10-27 | by ( Benjamin Mallet Silvia Aloisi | Benjamin Mallet | Silvia Aloisi | ) www.reuters.com   time to read: +2 min
PARIS, Oct 27 (Reuters) - EDF (EDF.PA) is expecting a hit of around 32 billion euros ($32.18 billion) to its full-year core earnings from lower nuclear production, a bigger loss than previously estimated and its sixth profit warning this year. The group, which is in the process of being fully nationalised, confirmed nuclear output would come in at the lower end of a previously announced 280-300 terawatt-hours range - a 30-year low. In September, EDF had forecast a hit to its earnings of 29 billion euros due to lower production. The combination of lower output and capped electricity prices means EDF is set to end the year with a big loss. The company's core earnings or EBITDA in 2021 came in at 18 billion euros.
☆ Killing of 12-year-old girl shocks France and sparks far-right immigration fury
  + stars: | 2022-10-20 | by ( Elie Petit | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | ) www.nbcnews.com   time to read: +3 min
PARIS — The killing of a 12-year-old girl whose body was found inside a plastic trunk has left France “profoundly shaken” and led to accusations that far-right lawmakers have politicized her death to attack the government's immigration policies. ET) on Friday, the Paris state prosecutor said in a statement Monday. A 43-year-old man is also in custody, charged with helping to hide the girl’s body, according to a prosecutors’ statement. Justice Minister Eric Dupond-Moretti told the National Assembly on Tuesday that the arrested woman was given an order to leave France on Aug. 22. Far-right politicians have since lashed out at French President Emmanuel Macron's centrist government and blamed its immigration policies for the girl’s death.
☆ Macron’s government decides to pass budget without vote
  + stars: | 2022-10-20 | by ( ) www.cnbc.com   time to read: +2 min
PARIS (AP) — French President Emmanuel Macron's government said Wednesday it would use a special constitutional power to force the bill for next year's budget through the National Assembly without a vote. Opposition lawmakers could call a no-confidence vote to protest the move, which some have denounced as undemocratic. A no-confidence vote is unlikely to pass despite opposition to the government's move because it would need the approval of at least 289 lawmakers, or half the seats in the lower house of France's Parliament. If some groups of lawmakers abstain while Macron's allies vote no, the threshold cannot be reached. In July, lawmakers failed to pass a no-confidence motion requested by the Nupes to symbolically mark its opposition to Macron's policies.
☆ French government ready to intervene to lift refineries blockade - ministers
  + stars: | 2022-10-11 | by ( Benoit Van Overstraeten | ) www.reuters.com   time to read: +2 min
A flag of French CGT labour union flutters as workers on strike gather in front of the TotalEnergies oil refinery in Gonfreville-l'Orcher, France, October 5, 2022. REUTERS/Benoit TessierPARIS, Oct 11 (Reuters) - The French government stands ready to intervene to break the deadlock in the weeks-long refinery strike that have left a third of the country's fuel stations running short, government ministers said on Tuesday. "We must find an agreement in the coming hours," French Finance Minister Bruno Le Maire told French radio. Both Le Maire and French government spokesman Olivier Veran added the government could intervene to end the blockades. Register now for FREE unlimited access to Reuters.com RegisterReporting by Benoit Van Overstraeten; Editing by Sudip Kar-GuptaOur Standards: The Thomson Reuters Trust Principles.
☆ French MPs want inquiry into alleged Russian party financing
  + stars: | 2022-09-24 | by ( ) www.reuters.com   time to read: +1 min
PARIS, Sept 24 (Reuters) - Members of the French National Assembly said on Saturday they had asked the president of the lower house of the country's parliament to set up an investigation committee to look into alleged Russian financing of political parties. The eight MPs, who belong to French President Emmanuel Macron's En Marche party, also noted that Marine Le Pen's far-right Rassemblement National party is still paying off a loan granted by Russian banks. Register now for FREE unlimited access to Reuters.com Register"These facts clearly suggest a Russian will to weigh in the French public debate ... they warrant the set-up of an investigation committee to establish if French political parties - and which ones - have benefited from Russian financing," the MPs wrote. However the official did not detail which countries the Russian influence efforts were believed to have targeted or provide specific evidence to lay out the claims of secret financing. Register now for FREE unlimited access to Reuters.com RegisterReporting by Tangi Salaun; Writing by Benoit Van Overstraeten; Editing by David HolmesOur Standards: The Thomson Reuters Trust Principles.
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