On Wednesday Marine le Pen told RTL radio she would introduce a new franc at a rate of one-to-one to the euro and then allow it to fluctuate, despite previously saying that any new national currency would continue to be pegged to a basket of currencies. Source: MINA
GEFIRA provides in-depth and comprehensive analysis of and valuable insight into current events that investors, financial planners and politicians need to know to anticipate the world of tomorrow; it is intended for professional and non-professional readers.
Yearly subscription: 10 issues for 225€
The Gefira bulletin is available in ENGLISH, GERMAN and SPANISH.
At the beginning of the week, it was a police patrol that had been targeted near the city of Tarterêts. It was not the police that they were attacking this time but the army. An army patrol was attacked and rocked this Friday night around 20 hours in Corbeil-Essonnes by ten young, hooded men. Source Le Parasien
The start of the G7 in Taormina is set for May 26, but the security measures will begin to be operational as early as this morning. It means that no ship could get close, so the boats full of migrants who already throng the central Mediterranean will dock elsewhere. Source corriere
Italy’s economy minister sought to reassure investors on Thursday that they will not be hit by the rescue of two ailing regional banks, Popolare di Vicenza and Veneto Banca, after fears of a full “bail-in” hit the lenders’ debt. Source Reuters