Vivura.com News - French Property News
March 10, 2010
France is set to be one of the top property markets in 2010 in terms of popularity with foreign buyers according to several reports. According to the recent survey from HomeAway.co.uk and Savills foreign buyers in 2010 will predominantly be wealthy lifestyle buyers, buying in cash. These will be looking only ...Read more »
March 9, 2010
French debt looks set to come under pressure in the near future with investors battered by the Greek crisis arguing it is pricey and does not reflect France's growing indebtedness. As a result, other euro zone paper, including Germany's and -- perhaps surprisingly -- Italy's, could be in for a filip. The ...Read more »
March 8, 2010
Unemployment in France rose to its highest level in a decade in the fourth quarter of 2009, new figures revealed yesterday. News that the jobless rate jumped to 10 per cent from 9.5 per cent in the third quarter comes as a blow to the ruling UMP party less than two ...Read more »
March 5, 2010
The Michelin guide France 2010 features a selection of the best restaurants and hotels in France. The new edition includes over 100 newly designated Bib Gourmand restaurants, exclusive offers in more than 1,000 restaurants during the Printemps du guide Michelin and a boxed set of regional guides. The Michelin guide ...Read more »
March 4, 2010
A Russian billionaire has lost a £36 million deposit he paid to buy the most expensive house in the world on the French riviera, plus another £1million interest. Mikhail Prokhorov - the world's 24th richest man - offered £360 million for the sprawling Villa Leopolda in 2008. After making a ten per ...Read more »
March 3, 2010
They are known as "Les Sages" — the wise men — and their role is to judge whether French laws are constitutional. As a massive reform expanding their powers went into effect Monday, French President Nicolas Sarkozy instructed them to be a little wiser than usual. The reform, described by ...Read more »
March 2, 2010
Hammerson, one of Britain's biggest property companies, plans to focus on France rather than the UK this year because it believes the country’s economy is in a stronger position to deal with financial uncertainty. The shopping centre and office developer, which owns stakes in Bristol’s Cabot Cirus and Birmingham’s Bullring shopping ...Read more »
March 1, 2010
The pound has slumped, investing in property is out of fashion and money is tight, so why are investors eying up French leaseback holiday homes? Buying a home abroad is so last decade. The headlong rush into overseas property ownership that saw any destination that combined cheap, vaguely offbeat and within ...Read more »
March 1, 2010
Long-term unemployed people who face having their benefits cut off this year could be offered paid training to help them get back into work. Pôle Emploi estimates that a million people who have not worked for at least two years will lose their benefits entitlement in 2010. Employment Minister Laurent ...Read more »
February 26, 2010
According to the statistics released by France's National Institute of Statistics and Economic Studies (INSEE), in January this year household consumption of manufactured goods in France decreased by 2.7 percent month on month, following an increase of 1.3 percent registered in December 2009 as compared to the previous month. Expenditure on ...Read more »
