العربية
Business

France Faces a Difficult Triple Challenge: Stagnant Economy, Debt and Angry Streets

With an economy barely growing, public finances drained by debt, and the streets returning to protest, France faces a highly complex equation. The government is under pressure to address demands over wages, purchasing power, and public services, while preparing an austerity budget expected to cut spending by billions of euros. At the same time, the country is approaching a presidential election, making any economic decision more politically sensitive.

Read the full article at Asharq Al-Awsat English

More on this topic

Business

Saudi Energy Minister Signs MoUs on Energy Cooperation with Mongolia, Tanzania, Cyprus, and Mauritius

Saudi Minister of Energy and Minister of Industry and Mineral Resources Prince Abdulaziz bin Salman bin Abdulaziz signed in Riyadh on Monday four memoranda of understanding with ministers from Mongolia, Tanzania, Cyprus and Mauritius to strengthen cooperation across a range of energy fields. The MoUs were signed on the sidelines of the 25th WPC Energy Congress, hosted by Saudi Arabia through October 15 under the theme “Pathways to an Energy Future for All."

Asharq Al-Awsat English