Karl Marx: his warning that history repeats itself first as tragedy and then as farce has modern application. Any populist government in Europe might succeed in raising growth with banking policies – but this make them so dangerous. Photograph: Imagno/Getty

Rereading John Weitz’s biography of Hjalmar Schacht, Hitler’s Banker, I noted some interesting parallels between the 1930s and now that I had not cons(...)

Exports were a bright spot, up 1.7 per cent in the second quarter after growing by 1.3 per cent in the first quarter

The French economy came to an unexpected standstill in the three months to June after a strong first quarter, as a jump in exports was not strong eno(...)

President Francois Hollande’s Socialist government expects growth of just 0.4 per cent this year

France’s economy is on course to grow 0.1 per cent in the final quarter of the year, led by modest gains in industrial and services activity, the cent(...)

BNP Paribas’ 64-year old chief operating officer is to retire on Sept 30th and will step down from his duties on June 30th at his own request, the Fr(...)

French president Francois Hollande has made cutting unemployment, at 10.2 per cent, his priority, but has made little headway. Photograph: Yoan Valat/Reuters

France’s economy is set to grow by only 0.2 per cent in the second quarter of 2014, the central bank forecast today, hindered by faltering company m(...)

A pedestrian passes the Banque de France, also known as the Bank of France, in Paris. Photo: Bloomberg

France should post economic growth of 0.2 per cent in the third quarter, the Bank of France said today, revising its forecast up slightly from a first(...)