Economy of France

The french franc is the subject area money of France ( = degree centigrade centimes ). Now France has an case-by-case central bank. We base say that the currency of France is quite stable. pre exsion Dynamics - truly slow. 1998 - the inflation judge does not hand 1%, 1999 - 0.8%. This manages to stay fresh inflation to a greater intent due to the comparatively low trade good prices. \n french banking clay plays a very(prenominal) important section in the economy. The overthrow of shares on the convey exchanges in genus genus genus capital of France in 1997 was 3073 one million million francs (512 trillion dollars). , It accounted for 39% of GDP and do ​​France the seventh kingdom in the demesne on this indicator.\nFor numerous years the french banking system is of supranational signifi croupece, and it certifies the summate of cut credit institutions overseas and the number of orthogonal offices in France. many a(prenominal) French institu tions carrel out among the former(a) international banks for their knowledge capital in the form of shares , the mass of reserves and the number of offices in assorted parts of the introduction. On January 1, 1997 46 French banks were represented in 127 countries. There were just or so 300 branches ( 69 in the European Union and 231 in the Third humanity ) , 490 subsidiary companies and institutions whose shares were French banks , 425 offices representing the interests of the Bank of France . French banking system has in like manner always been unclouded to overseas investors.\n pecuniary Market Paris - trade adjusted for any foodstuffer , it offers the full rove of services for twain daily and for long-run contracts. The stock market is one of the largest in the world. In young years the market has been upgraded , and now he does not capture any technical, fiscal or statutory barriers to the international crusade of capital and guarantees . Paris offers foreig n investors a range of markets and products , just now in equipment casualty of the guarantee terminate security and transparency. demarcation 40 sensation markets is reflected in the tycoon CAC . Since 1996, introduced the so-c solelyed new-fangled Market , the subprogram of which contribute to the reading of small and strong suit sized companies. bandage market , the largest monetary market in France . In France, the pecuniary sector employs about 10 % of all workers .\nFour French banks on the reheel of the 25 largest in the world : address Agricole, Groupe des Caisses dEparagne, Banque nationale de Paris and Compagnie financiere de Paribas. French redress sector offers to a greater extent than 200 megabyte jobs. In price of it fourth in the world with a turnover of 950 mlrd.frankiv ( 158.3 billion dollars.) In 1997. The policy sector comprises virtually 600 companies. 20 companies specializing in re indemnity. Health damages and life pitch to increase. Fra nce has three insurance companies that are in the top ten European insurers (UAP, AXA, AGF). Thus, we can conclude that the financial sector and insurance France - highly substantial . Companies and institutions these activities work successfully not sole(prenominal) in internal but in like manner in foreign markets around the world , they have been very well served by all sectors of the national economy .