The Latest Breaking News from Antoine Armand

Michel Barnier defends budget in TV interview as government faces no confidence vote on Wednesday – as it happened

Minority government of prime minister faces near-certain defeat in a no-confidence vote that could spark crisis

The Guardian - UK · Dec 3, 2024

Why has France’s austerity budget caused a political storm?

Country is at risk of fresh turmoil with its government on the brink amid soaring sovereign borrowing costs

The Guardian - UK · Nov 28, 2024

France Says Ready For Budget Concessions To Avert 'Storm'

The French government is ready to offer concessions to parliament to pass its budget, the finance minister said Thursday, in a standoff which is causing market turbulence and risks bringing down the government of Prime Minister Michel Barnier.

International Business Times · Nov 28, 2024

France Bristles At Painkiller Maker's Sale To US Fund

French drugmaker Sanofi's Monday confirmation that it plans to sell a controlling stake in its over-the-counter unit to a US investment fund sparked a new political backlash, stoked by fears the deal marks a loss of sovereignty over key medications.

International Business Times · Oct 21, 2024

France could block sale of 'best-selling' drug if production doesn't stay local

France’s Economy Minister has warned that the government could block the sale of a subsidiary of the French pharmaceutical company Sanofi to a US private equity firm if it cannot guarantee that its production of paracetamol, under the name Doliprane, remains in France.

Radio France Internationale · Oct 15, 2024

Painkiller Sale Plan To US Gives France Major Headache

The planned sale of France's best-selling medical drug to US investors has caused the government a splitting headache after an outcry against the project from politicians on all sides.

International Business Times · Oct 14, 2024

Pharmaceutical giant Sanofi looks to sell consumer health unit, sparks political uproar

France's Economy and Industry ministers, Antoine Armand and Marc Ferracci, are heading to Lisieux this Monday to visit the production sites of popular headache reliever Doliprane. The visit takes place after the maker of the pill, French pharma group Sanofi, said it was in talks to sell off its consumer…

France 24 · Oct 14, 2024

EU hails 'promising' initial budget talks with France

EU economy chief Paolo Gentiloni on Monday welcomed his "promising" discussions about France's budget with French Finance Minister Antoine Armand as Paris aims to rein in spending and bring down its deficit.

Radio France Internationale · Oct 7, 2024

France targets the rich with temporary tax hikes to bring down debt

France's finance minister has promised that upcoming tax hikes required to bring the country's finances back on track will be specifically targeted at high-income groups and will be temporary.

Radio France Internationale · Oct 2, 2024

France to consider corporate tax increase to lower budget deficit

France's new Prime Minister Michel Barnier is reportedly considering a one-off increase in corporate tax on the country's biggest companies, as the government faces a deadline on Tuesday to present a budget for 2025, which must address a spiraling deficit.

Radio France Internationale · Sep 30, 2024