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France freezes 5 bln euros of public spending
France freezes 5 bln euros of public spending

Reuters

time09-04-2025

  • Business
  • Reuters

France freezes 5 bln euros of public spending

PARIS, April 9 (Reuters) - France is freezing 5 billion euros ($5.5 billion) of public spending to keep its deficit reduction plans within reach amid slowing growth and uncertainty due to U.S President Donald Trump's tariffs, said budget minister Amelie de Montchalin. The French government aims to cut its public sector budget deficit to 5.4% of economic output this year from 5.8% in 2024, but the increasingly uncertain growth outlook is making that challenging. "Just as a household sets aside money for difficult days ahead, today I can say that we are giving ourselves 5 billion from extra efforts, via spending that will not be carried out, spending that will be pushed back, spending that will be re-allocated," Montchalin told BFM TV. "And those 5 billion that we are going to either cancel, delay or re-direct, that will be our response to this unstable world," she added. Finance Minister Eric Lombard opened the door on Friday to letting deficit reduction target slip this year if the trade war hits the economy hard, ruling out extra spending cuts to offset a potential shortfall in growth. Bank of France Governor Francois Villeroy de Galhau said that France should stick to the current deficit target, adding that any slippage would have to be made up for later. The government is due to update its long-term growth and deficit forecasts next week when it sends its annual economic planning programme to the European Commission. "Whatever happens, the right path to take is the one of debt-cutting," Montchalin said. ($1 = 0.9042 euros)

Insults and acceptance: being trans in rural France
Insults and acceptance: being trans in rural France

Local France

time20-03-2025

  • Entertainment
  • Local France

Insults and acceptance: being trans in rural France

Some turned their backs on the 52-year-old builder. And she was not invited to the village get-together. Everybody knows everybody -- and everything about them -- in Saint-Victor-Malescours, a village of 700 souls surrounded by wooded hills. Montchalin kept her secret for decades. She knew she was different "when I was six or seven... without being able to put a word on it. But if I had told my mother that I didn't feel right in my body, I would have got a good slap," she told AFP. READ MORE: Reader question: Do the French change their pronouns? Her family were afraid of "what people would say". So, growing up, "I did what was expected of me," she said. She became a builder, married at 22 and had two children. As a man, she was "gruff, pretty macho -- the opposite of what I really was," Montchalin admitted. But she was "suffering" inside, the discomfort particularly acute in men's clothes shops or when she looked into a mirror at the barbers. Finally, at age 48, she came out to her wife and children. Since then, Montchalin has moved to the nearest city, Saint-Etienne, where she is receiving hormone therapy. She has let her hair grow and regularly goes to the beautician. "I am quite coquettish." Her workers were initially quite "shocked", but now they greet her with a kiss on the cheek. Her transition was not a dramatic "flag-waving one", she says -- a feeling echoed by six other transgender people from rural areas who talked to AFP. All told how they learned to deal with the isolation and odd looks and of having to travel for hours for medical attention. Being transgender in the French countryside can be a long and lonely path. 'Rejection' Yet rarely have transgender people been more in the news. On the one hand "Emilia Perez", a film about a transitioning Mexican drug lord, won two Oscars this month after triumphing at Cannes and the Golden Globes. On the other, US President Donald Trump banned transgender people from the military and from women's sports and dressing rooms, a move quickly replicated elsewhere. France has somewhere between 20,000 and 60,000 transgender people, according to official figures from 2022. Despite a handful being elected as local councillors over the past five years, "trans people are a long way from being well represented socially or politically," said Virginie Le Corre, a sociologist at the LinCS institute in Strasbourg. Gynaecologist Maud Karinthi, who specialises in trans identity, said lots of patients she sees in her clinic in Clermont-Ferrand come from far-flung villages across the thinly populated centre of France. As well as travel, transgender people in the countryside have to deal with "isolation and rejection in their communities", she said. READ MORE: MAP: Where in France has the best access to healthcare? 'Not understood' "You can't talk about it and there is no access to information," said Valentin, a 25-year-old trans man. It was only when he was 18 that the penny dropped. "I discovered the existence of transgender people on social media and that you could change your gender," he said. Advertisement "I said to myself: 'That's my problem.'" "It changed my life," said the entrepreneur, who asked AFP to alter his name for fear it may cause him trouble at work. The dearth of support groups and role models outside towns and cities does not help, said sociologist Le Corre, adding that the school system "has a lot of catching up to do". Twenty-nine-year-old Ines, who is non-binary and does not see herself in any gender, finds it "very hard" when people see her as a woman. Despite working in tourism in a small ski resort in the Alps, they are afraid of coming out there for fear of "not being understood". "Non-binary isn't concrete for people," she said. Getting surgery is still hard in rural areas "with waiting lists counted in years (from two to five years), too little available treatment and what there is patchy geographically", a 2022 French health ministry report found. "Where I grew up all we had was a doctor's surgery, and it was open only one day in four," said Isaac Douhet, a transgender man who had to travel two hours each way for genital surgery in Lyon. Armelle, a 22-year-old transgender woman who works in a cheesemonger's, had a similar marathon, travelling four hours from her home in Aurillac to Clermont-Ferrand. Advertisement Beaten up In the countryside, "you need to have real force of character to not be affected by how others see you," she said. Douhet agrees. While his foster family and their neighbours "were good" about his transition, he was made to suffer at school. "People don't understand, they judge, they turn their back on you in the street and you will be insulted," he said. He was once beaten up by other pupils. Saraph Valroff, who is non-binary, combined their birth name Sarah with the male moniker Raphael. Saraph dresses in androgynous clothes and uses they/them/their pronouns. Advertisement But the 29-year-old business owner avoids "dressing like a man" when they go out in the country town of Ambert -- famous for its blue cheese -- or holding hands with their partner. "The smaller the place, the more those who are a bit different stand out," said researcher Le Corre. But it is often more "generational than geographic". Several of those AFP talked to decided to quit the country for the city. Douhet moved to Clermont-Ferrand where he likes being "lost in the crowd" and where he can regularly drop in on a centre Dr Karinthi set up for women and trans people. Armelle is also thinking of moving to the city to smooth her treatment and be "more at ease" in meeting other trans people. Acceptance However, change is afoot in the countryside. "There is a new, more open attitude with people moving out from the cities and groups are being set up," according to sociologist Le Corre. There is "a marked difference between young people who have grown up with the internet and those who were a bit closed in by their village," she added. Trans people were also talking more openly and "refusing to hide". Saraph has set up the podcast "Queer Horizons" that shines a light on rural queer life with the young in mind -- "to be the adult I would love to have had during my childhood." Dermot Duchossois, a 23-year-old transgender man with the beginnings of a beard, loves his life in Pionsat, a village of 1,000, where he is a home help. Advertisement The only people who did not accept him were the managers of the supermarket he worked in before his transition. "They would not allow me in the men's changing room even though it was awkward for me to be with girls in their underwear." But "in my village I never felt I was being stared at when I began to change. I was really well accepted. Even old people asked how I was getting on."

Insults and acceptance: being trans in rural France
Insults and acceptance: being trans in rural France

Yahoo

time20-03-2025

  • Entertainment
  • Yahoo

Insults and acceptance: being trans in rural France

Valerie Montchalin found out who her friends were when she transitioned to being a transgender woman in her village high in the Massif Central of central France. Some turned their backs on the 52-year-old builder. And she was not invited to the village get-together. Everybody knows everybody -- and everything about them -- in Saint-Victor-Malescours, a village of 700 souls surrounded by wooded hills. Montchalin kept her secret for decades. She knew she was different "when I was six or seven... without being able to put a word on it. But if I had told my mother that I didn't feel right in my body, I would have got a good slap," she told AFP. Her family were afraid of "what people would say". So, growing up, "I did what was expected of me," she said. She became a builder, married at 22 and had two children. As a man, she was "gruff, pretty macho -- the opposite of what I really was," Montchalin admitted. But she was "suffering" inside, the discomfort particularly acute in men's clothes shops or when she looked into a mirror at the barbers. Finally, at age 48, she came out to her wife and children. Since then, Montchalin has moved to the nearest city, Saint-Etienne, where she is receiving hormone therapy. She has let her hair grow and regularly goes to the beautician. "I am quite coquettish." Her workers were initially quite "shocked", but now they greet her with a kiss on the cheek. Her transition was not a dramatic "flag-waving one", she says -- a feeling echoed by six other transgender people from rural areas who talked to AFP. All told how they learned to deal with the isolation and odd looks and of having to travel for hours for medical attention. Being transgender in the French countryside can be a long and lonely path. - 'Rejection' - Yet rarely have transgender people been more in the news. On the one hand "Emilia Perez", a film about a transitioning Mexican drug lord, won two Oscars this month after triumphing at Cannes and the Golden Globes. On the other, US President Donald Trump banned transgender people from the military and from women's sports and dressing rooms, a move quickly replicated elsewhere. France has somewhere between 20,000 and 60,000 transgender people, according to official figures from 2022. Despite a handful being elected as local councillors over the past five years, "trans people are a long way from being well represented socially or politically," said Virginie Le Corre, a sociologist at the LinCS institute in Strasbourg. Gynaecologist Maud Karinthi, who specialises in trans identity, said lots of patients she sees in her clinic in Clermont-Ferrand come from far-flung villages across the thinly populated centre of France. As well as travel, transgender people in the countryside have to deal with "isolation and rejection in their communities", she said. - 'Not understood' - "You can't talk about it and there is no access to information," said Valentin, a 25-year-old trans man. It was only when he was 18 that the penny dropped. "I discovered the existence of transgender people on social media and that you could change your gender," he said. "I said to myself: 'That's my problem.'" "It changed my life," said the entrepreneur, who asked AFP to alter his name for fear it may cause him trouble at work. The dearth of support groups and role models outside towns and cities does not help, said sociologist Le Corre, adding that the school system "has a lot of catching up to do". Twenty-nine-year-old Ines, who is non-binary and does not see herself in any gender, finds it "very hard" when people see her as a woman. Despite working in tourism in a small ski resort in the Alps, they are afraid of coming out there for fear of "not being understood". "Non-binary isn't concrete for people," she said. Getting surgery is still hard in rural areas "with waiting lists counted in years (from two to five years), too little available treatment and what there is patchy geographically", a 2022 French health ministry report found. "Where I grew up all we had was a doctor's surgery, and it was open only one day in four," said Isaac Douhet, a transgender man who had to travel two hours each way for genital surgery in Lyon. Armelle, a 22-year-old transgender woman who works in a cheesemonger's, had a similar marathon, travelling four hours from her home in Aurillac to Clermont-Ferrand. - Beaten up - In the countryside, "you need to have real force of character to not be affected by how others see you," she said. Douhet agrees. While his foster family and their neighbours "were good" about his transition, he was made to suffer at school. "People don't understand, they judge, they turn their back on you in the street and you will be insulted," he said. He was once beaten up by other pupils. Sarah Valroff, who is non-binary, calls themselves Saraph -- combining her birth name Sarah with the male moniker Raphael -- dresses in androgynous clothes and uses they/them/their pronouns. But the 29-year-old business owner avoids "dressing like a man" when they go out in the country town of Ambert -- famous for its blue cheese -- or holding hands with their partner. "The smaller the place, the more those who are a bit different stand out," said researcher Le Corre. But it is often more "generational than geographic". Several of those AFP talked to decided to quit the country for the city. Douhet moved to Clermont-Ferrand where he likes being "lost in the crowd" and where he can regularly drop in on a centre Dr Karinthi set up for women and trans people. Armelle is also thinking of moving to the city to smooth her treatment and be "more at ease" in meeting other trans people. - Acceptance - However, change is afoot in the countryside. "There is a new, more open attitude with people moving out from the cities and groups are being set up," according to sociologist Le Corre. There is "a marked difference between young people who have grown up with the internet and those who were a bit closed in by their village," she added. Trans people were also talking more openly and "refusing to hide". Saraph has set up the podcast "Queer Horizons" that shines a light on rural queer life with the young in mind -- "to be the adult I would love to have had during my childhood." Dermot Duchossois, a 23-year-old transgender man with the beginnings of a beard, loves his life in Pionsat, a village of 1,000, where he is a home help. The only people who did not accept him were the managers of the supermarket he worked in before his transition. "They would not allow me in the men's changing room even though it was awkward for me to be with girls in their underwear." But "in my village I never felt I was being stared at when I began to change. I was really well accepted. Even old people asked how I was getting on." cca/chp/dp/fg/rlp

Insults and acceptance: being trans in rural France
Insults and acceptance: being trans in rural France

Yahoo

time20-03-2025

  • Entertainment
  • Yahoo

Insults and acceptance: being trans in rural France

Valerie Montchalin found out who her friends were when she transitioned to being a transgender woman in her village high in the Massif Central of central France. Some turned their backs on the 52-year-old builder. And she was not invited to the village get-together. Everybody knows everybody -- and everything about them -- in Saint-Victor-Malescours, a village of 700 souls surrounded by wooded hills. Montchalin kept her secret for decades. She knew she was different "when I was six or seven... without being able to put a word on it. But if I had told my mother that I didn't feel right in my body, I would have got a good slap," she told AFP. Her family were afraid of "what people would say". So, growing up, "I did what was expected of me," she said. She became a builder, married at 22 and had two children. As a man, she was "gruff, pretty macho -- the opposite of what I really was," Montchalin admitted. But she was "suffering" inside, the discomfort particularly acute in men's clothes shops or when she looked into a mirror at the barbers. Finally, at age 48, she came out to her wife and children. Since then, Montchalin has moved to the nearest city, Saint-Etienne, where she is receiving hormone therapy. She has let her hair grow and regularly goes to the beautician. "I am quite coquettish." Her workers were initially quite "shocked", but now they greet her with a kiss on the cheek. Her transition was not a dramatic "flag-waving one", she says -- a feeling echoed by six other transgender people from rural areas who talked to AFP. All told how they learned to deal with the isolation and odd looks and of having to travel for hours for medical attention. Being transgender in the French countryside can be a long and lonely path. - 'Rejection' - Yet rarely have transgender people been more in the news. On the one hand "Emilia Perez", a film about a transitioning Mexican drug lord, won two Oscars this month after triumphing at Cannes and the Golden Globes. On the other, US President Donald Trump banned transgender people from the military and from women's sports and dressing rooms, a move quickly replicated elsewhere. France has somewhere between 20,000 and 60,000 transgender people, according to official figures from 2022. Despite a handful being elected as local councillors over the past five years, "trans people are a long way from being well represented socially or politically," said Virginie Le Corre, a sociologist at the LinCS institute in Strasbourg. Gynaecologist Maud Karinthi, who specialises in trans identity, said lots of patients she sees in her clinic in Clermont-Ferrand come from far-flung villages across the thinly populated centre of France. As well as travel, transgender people in the countryside have to deal with "isolation and rejection in their communities", she said. - 'Not understood' - "You can't talk about it and there is no access to information," said Valentin, a 25-year-old trans man. It was only when he was 18 that the penny dropped. "I discovered the existence of transgender people on social media and that you could change your gender," he said. "I said to myself: 'That's my problem.'" "It changed my life," said the entrepreneur, who asked AFP to alter his name for fear it may cause him trouble at work. The dearth of support groups and role models outside towns and cities does not help, said sociologist Le Corre, adding that the school system "has a lot of catching up to do". Twenty-nine-year-old Ines, who is non-binary and does not see herself in any gender, finds it "very hard" when people see her as a woman. Despite working in tourism in a small ski resort in the Alps, they are afraid of coming out there for fear of "not being understood". "Non-binary isn't concrete for people," she said. Getting surgery is still hard in rural areas "with waiting lists counted in years (from two to five years), too little available treatment and what there is patchy geographically", a 2022 French health ministry report found. "Where I grew up all we had was a doctor's surgery, and it was open only one day in four," said Isaac Douhet, a transgender man who had to travel two hours each way for genital surgery in Lyon. Armelle, a 22-year-old transgender woman who works in a cheesemonger's, had a similar marathon, travelling four hours from her home in Aurillac to Clermont-Ferrand. - Beaten up - In the countryside, "you need to have real force of character to not be affected by how others see you," she said. Douhet agrees. While his foster family and their neighbours "were good" about his transition, he was made to suffer at school. "People don't understand, they judge, they turn their back on you in the street and you will be insulted," he said. He was once beaten up by other pupils. Sarah Valroff, who is non-binary, calls themselves Saraph -- combining her birth name Sarah with the male moniker Raphael -- dresses in androgynous clothes and uses they/them/their pronouns. But the 29-year-old business owner avoids "dressing like a man" when they go out in the country town of Ambert -- famous for its blue cheese -- or holding hands with their partner. "The smaller the place, the more those who are a bit different stand out," said researcher Le Corre. But it is often more "generational than geographic". Several of those AFP talked to decided to quit the country for the city. Douhet moved to Clermont-Ferrand where he likes being "lost in the crowd" and where he can regularly drop in on a centre Dr Karinthi set up for women and trans people. Armelle is also thinking of moving to the city to smooth her treatment and be "more at ease" in meeting other trans people. - Acceptance - However, change is afoot in the countryside. "There is a new, more open attitude with people moving out from the cities and groups are being set up," according to sociologist Le Corre. There is "a marked difference between young people who have grown up with the internet and those who were a bit closed in by their village," she added. Trans people were also talking more openly and "refusing to hide". Saraph has set up the podcast "Queer Horizons" that shines a light on rural queer life with the young in mind -- "to be the adult I would love to have had during my childhood." Dermot Duchossois, a 23-year-old transgender man with the beginnings of a beard, loves his life in Pionsat, a village of 1,000, where he is a home help. The only people who did not accept him were the managers of the supermarket he worked in before his transition. "They would not allow me in the men's changing room even though it was awkward for me to be with girls in their underwear." But "in my village I never felt I was being stared at when I began to change. I was really well accepted. Even old people asked how I was getting on." cca/chp/dp/fg/rlp

French lawmakers back tax on ultra-rich proposed by Ecologist Party
French lawmakers back tax on ultra-rich proposed by Ecologist Party

Euronews

time21-02-2025

  • Business
  • Euronews

French lawmakers back tax on ultra-rich proposed by Ecologist Party

French lawmakers in the National Assembly have voted in favour of a 2% wealth tax on the assets of the super-rich. The bill, adopted by 116 votes to 39, was proposed by the Ecologist Party and supported by green and left-wing MPs on Thursday evening. Lawmakers from the far-right National Rally party abstained, while turnout from the centrist government was low. Although the bill has passed a key legislative hurdle, it's not expected to pass through the Senate. Tackling tax optimisation The so-called 'Zucman tax', named after economist Gabriel Zucman, would impose a minimum tax on the richest 0.01% of France's citizens. More specifically, it would apply to around 4,000 people in France with assets of more than €100 million. This could bring in between €15 and €25 billion per year, according to the proposal. Proponents also underlined that this minimum tax would only apply to citizens who aren't paying enough tax already, topping up gaps in contributions. Due to tax optimisation strategies, they argued that the super rich in France are currently paying proportionally less tax than the majority of citizens. The bill therefore includes provisions targeting trusts and holding companies that are often used to lower tax contributions. The ethics and the economics 'Tax immunity for billionaires is over,' lawmaker Éva Sas of the Ecologist party said, commenting on the vote's passage. Amélie de Montchalin, Budget Minister in the incumbent government, took a different approach, labelling the proposal "confiscatory and ineffective". The tax 'would have one grave consequence for our country and that is that the investment, entrepreneurship and corporate growth that we are trying to promote because it's good for the French, for jobs and everyone's wealth, would drop, and that's not tolerable,' Montchalin said on Friday in an interview with media channel TF1. Montchalin added that the government is currently working on an alternative strategy to tackle tax optimisation strategies. Macron, wealth champion? While the driving aims of President Emmanuel Macron have shifted over his two-term tenure, France's leader has continuously presented himself as a pro-business champion. Since 2017, the President has reduced the corporate tax rate, made it easier for firms to hire and fire workers, and scrapped the ISF wealth levy. In 2018, the ISF was replaced with the IFI, which only taxes real estate assets and not investments. Supporters of the move argued it would boost investment in more useful parts of the economy and encourage wealthy individuals to remain in the country. This would then drive economic growth and job creation. A committee reviewing the tax reform in 2023 nonetheless found that it had not affected the redirection of wealth away from real estate. France is currently home to the world's fifth richest man and the CEO of LVMH, Bernard Arnault - worth around $195bn or €186bn.

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