Banque de France
Non-resident ownership of French CAC 40 shares rises to 50 percent
Non-resident ownership of French CAC 40 shares reached 50 percent at the end of 2024, a 0.5 percentage point increase from the previous year.
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Deficit above 5% risks France's fiscal stability, warns Villeroy de Galhau
Banque de France Governor François Villeroy de Galhau warned that a public deficit exceeding 5 percent of GDP in 2026 would put France at fiscal risk.
Banque de France Governor delivers New Year address, highlights roles
The Governor of the Banque de France delivered a New Year address on January 12, 2026, emphasizing the central bank's role as an engaged and innovative institution with strong governance.
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Digital currencies reshape global monetary systems and policy
The ongoing digitalization of money is fundamentally transforming traditional monetary exchange, leading to new forms of currency competition and potential upheaval in the international monetary system.
French financial system resilient amid sovereign debt and AI risks
The French financial system remains resilient despite increased risks from sovereign debt, highly valued AI assets, and non-bank financial intermediaries.
Banque de France highlights Paris's FX market concentration in BIS survey
The Banque de France has published findings from the triennial Bank for International Settlements (BIS) survey, revealing a significant concentration in Paris's foreign exchange and OTC derivatives market.
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BDF study finds limited and stable EU coverage in French press
A Banque de France study using automated text analysis shows that French press coverage of European Union issues has remained limited and stable over the past two decades, primarily peaking during European election periods.
BDF paper examines international shock transmission in liquidity traps
A new Banque de France paper explores how international asset market shocks are transmitted domestically, particularly when the central bank is at the Effective Lower Bound.
Banque de France survey reports December growth, forecasts January slowdown
The Banque de France (BDF) has published its monthly business survey, indicating continued activity growth in December 2025 at a slightly slower pace.
Banque de France study finds medium-run macro costs for Fit-for-55 carbon tax
The Banque de France published a study assessing the medium-run macroeconomic effects of the Fit-for-55 carbon tax in France.
Banque de France finds court mergers improve insolvency decisions
The Banque de France finds that the 2009 reform, which merged commercial courts in France, improved the quality of insolvency decisions for companies with fewer than 10 employees.
Banque de France analyzes China's trade data divergence
The Banque de France has analyzed the widening divergence between China's trade surplus as measured by customs and balance of payments data since 2021.