French banking group Credit Mutuel Arkea has revealed that hackers stole approximately €100 million ($112.61 million) in a major cyberattack. The bank said the attackers used one of its accounts to carry out fraudulent transactions. It is currently working to recover the stolen funds but has not yet determined how much can be retrieved. French […]
French financial markets are showing signs of increasing pressure as concerns over high government debt and political uncertainty intensify ahead of next year’s presidential election. The government is seeking €54 billion in savings in its proposed 2027 budget, while economic growth is expected to slow to 0.4% this year. The risk premium on French government […]

