Government Borrowing Soars in First Five Years: Analysis & Implications

Government Borrowing Soars in First Five Years: Analysis & Implications

The current government has borrowed more compared to the previous administration in the first five years of its government. This information is derived from an analysis of financial and budgetary data, which reveals a significant increase in public debt during the period analyzed. According to the data, the current administration has resorted to loans for … Read more

Loans: 8 changes in servicers and extrajudicial mechanism

Loans: 8 changes in servicers and extrajudicial mechanism

Eight specific changes in favor of borrowers and consumers are implemented with the passing of the “red” loans bill entitled “Loans: Transparency, competition, protection of the vulnerable – Incorporation of Directive (EU) 2021/2167, re-introduction of “HERAKLES” program, which was voted today in the Parliament. According to an announcement by the Ministry of National Economy and … Read more

Real estate loans: Bruno Le Maire calls for a relaxation of granting conditions

Real estate loans: Bruno Le Maire calls for a relaxation of granting conditions

The Minister of the Economy Bruno Le Maire pleaded for a relaxation conditions for granting real estate loansin a newspaper interview The Parisian put online Saturday evening. « Oui »it is necessary to further modify the borrowing conditions, indicated the minister. “We will study new measures to further relax the conditions for granting credit”he said. … Read more