News Archive: 2008: economics

03, 2008 December:

French dreams crushed?

The credit crisis and fall in the value of sterling has crushed the aspirations of Britons who dream of owning a holiday home in France...

Sarkozy seeks to boost market

President of France Nicolas Sarkozy has unveiled a series of proposals aimed at bolstering the French property market...

02, 2008 December:

Central Bank to cut rates

President of the European Commission, Jose Manuel Barroso, yesterday called on European Central Bank (ECB) to cut interest rates this week in order to boost the economy...

11, 2008 November:

Global phenomenon

Worsening economic conditions have now taken a toll on almost every commercial property market in the world, according to a global survey of real estate surveyors...

03, 2008 November:

France getting busy

French property firm VEF has reported that October has been its busiest month this year for property sales...

28, 2008 October:

Fashion conscious

Property sales in fashionable areas of Paris are struggling as US investors are feeling the effects of the global credit crunch...

21, 2008 October:

'Incident' costs top bank £470m

The French cooperative bank said the loss occurred in equity derivatives trading for its own account and was triggered by the market turmoil in the first week of October...

09, 2008 October:

Abandoning far flung dreams

It is a dream of thousands of Brits - to buy a second home in a picturesque spot in France and wile away hot summers converting a dilapidated barn into the perfect home in the sun...

17, 2008 June:

Eurozone reels from record rise

Inflation in the Eurozone has rocketed to a disappointing twelve year high…

12, 2008 June:

France reels from economic ‘shock’

France set a new economic record in May, but no one is celebrating…

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