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Global Scans · France · Weekly Summary


WHAT'S NEXT?: Discontent with political elites and country performance is driving the discourse and demand for action from the French public. With Presidential elections due in May 2017 it remains to be seen whether another political earthquake may happen in one of the EU's founding countries.

  • The UK and France are longstanding security partners and have demonstrated their commitment to taking an international approach to the threats posed by developing technologies. Cyber Security Review
  • Prime Minister Narendra Modi declared that India and France have decided to adopt the UPI payment method and that it will start at the famous Eiffel Tower, while on a visit to France in July of last year. PendulumEdu
  • Since 2010, the UK has seen the third-highest rate of growth in the G7-faster than Japan, Germany, France and Italy - and the IMF projects the UK to have the third-fastest cumulative growth in the G7 over the period 2024-28. theyworkforyou
  • By 2030, a total of 978 Servals are expected to be delivered to the French Army, with 60 units supplied in 2022 and 129 in 2023. Army Recognition
  • For the second consecutive year, the Spanish electricity system is expected to close the year with an export balance close to 15,000 GWh, due to its international exchanges, mainly with France and Portugal. Solar Now
  • The United Kingdom, France and Italy are all expected to see growth of 1 pc or less in 2024, while Spain's economy is forecast to fare slightly better, growing by 1.5 pc. DAWN.COM
  • Ireland is competing against eight other member states, including France, Spain, Germany and Italy to host the agency, which would create an expected 400 jobs. RTE
  • The European Commission is due to table a 90% climate target for 2040, according to a leaked draft, while a coalition of 11 EU countries including France and Germany have issued a letter calling for ambitious targets. www.euractiv.com
  • Officials at the European Space Agency forecast a budget of €1.75bn (£1.5bn; $1.9bn), with additional contributions coming from member states including Germany, France, Italy, the UK, the Netherlands and Switzerland. BBC News
  • Workers could have a right for their guaranteed hours to be upgraded in line with actual hours of work over a previous period, as again applies in France and in some collective agreements in Germany. OUP Academic
  • While Germany, the UK, and France have seen robotaxis running road tests, commercial operations remain a distant hope. MIT Technology Review
  • Germany and France will jointly spend €2.1m (£1.8m) to further research the provenance of African heritage objects in their national museums' collections, which could prepare the ground for their eventual return. The Guardian
  • Funding worth €100 million will be awarded to the Gabreta smart grids project located between Czechia and Germany, and the project to reinforce the Lonny-Achene-Gramme electricity interconnector between France and Belgium has been awarded funding for studies, worth €1.22 million. Energy
  • Alongside France, the United States is co-leading the coalition that will strengthen Ukraine's artillery power and ensure that Ukraine has the artillery systems and ammunition it requires. Yahoo News
  • Echoing complaints from agriculture workers across Europe, many French farmers say their livelihoods are threatened as food retailers are increasing pressure to bring down prices after a period of high inflation. FRANCE 24
  • The US, Euro Area, Germany, France, and UK will be releasing PMI data later today. Invezz
  • Other European countries like France, Spain, and Germany are at the top of travelers' preferences and are expected to see a considerable influx of tourists in the months to come. The Silicon Review
  • While Germany has its own target for the use of e-kerosene at airports (0.5% in 2026 and 2% in 2030), France has pledged €200 million to support innovative SAF projects and has now caught up with Germany for production capacity. Transport & Environment
  • If we resort to state aid, it's evident that Germany, France or Italy being historically inclined, will utilize the most state aid, and smaller states like Sweden, Malta, and Finland will inevitably struggle to compete. Portfolio.hu
  • The UK nuclear startup Newcleo has dropped plans to build a pioneering power plant in Cumbria and will invest £4bn in France instead, after it was lobbied personally by Emmanuel Macron. Carbon Brief
  • France will boost its wind power footprint over the coming year or so through the support of the construction of two floating wind farms with a collective capacity of up to 280 megawatts off the south coast. FirstPost
  • WIND MOMENTUM Regardless of the state of European industrial consumption and activity in 2024, power developers are expected to ratchet up wind power project construction and grid connection in 2024, especially within key markets such as Germany, the United Kingdom, Spain, France and Denmark. FirstPost
  • Spending in the five major European countries (France, Italy, Germany, Spain and the UK) is expected to increase by $70 billion through 2028, driven by new brands. DCAT Value Chain Insights

Last updated: 07 February 2024



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