Banking: Types of Savings Accounts in France
A summary of the various savings accounts offered by Banks in France. Some are tax-free, while others are taxed 30 % flat tax or according to your income tax bracket.
Finance
SMIC: French Minimum Salary increases on 1st January 2024
According to a 20th December Decree published in the Official Journal on 21st December 2023, the French minimum salary will increase by 1.13% on 1st January 2024.
ECB’s Governing Council holds interest rates steady – Dec 2023
Summary of the Monetary policy decisions by the Governing Council of European Central Bank on 14th December 2023.
US Federal Reserve holds interest rates steady – Dec 2023
Summary of the Federal Reserve Press Conference on 13th December 2023.
Banking – Revolut starts providing RIB with IBAN to customers in France
Since 7th December 2023, Revolut France has started providing the relevé d’identité bancaire (RIB) with IBAN to its customers in France.