Starting a new business? Get 40% off our accountancy services for 3 months! 😎

x

Reports have shown that France’s economy hasn’t grown at all in the second quarter despite the French Finance Minister insisting it is fine.
In comparrision, Greece’s economy appears to have got 6.9% smaller that it was this time last year.
Although this shows an improvement on the first quarter whereby figures showed the economy had shank by 8.1%, it is still worrying.
The firgures suggest that Greece may be on track for another year in recession and economists have predicted that it will have difficulty meeting it’s goals to cut back costs which could lead to a longer time in recession than was originally expected.
With regards to France’s economic statistics, which show no growth following a very promising first quarter growth of 0.9%, the French Finance Minister says he is not concerned. He believes the French economy is so diverse and the banks so resilient, there is nothing to worry about.
Last week, Italy, Spain, Belgium and France revealed that they will no longer be allowing short selling of shares in their banks and other financial institutions due to their belief that this is contributing to the uncertainty in the market..

About The Author

Lee Murphy

MAAT and ICPA accountant, with a passion for making accountancy and bookkeeping accessible. Other interests include cloud-based software development for web and mobile access, keeping fit, reading, and entrepreneurship.

More posts by this author
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Read more posts...

What is a Non-Established Taxable Person for VAT?

There are special VAT rules in place for online sellers who are classed as non-established taxable persons (NETPs), and use an online…

Read More

The Accountancy Partnership – Our Positive Reviews

Here at The Accountancy Partnership, we’re proud of our customer reviews The reviews we receive from our customers show how hard we…

Read More

What Type of Legal Structure Should I Choose When I Start a Business?

The structure that you choose when you start a business affects how the business operates, the amount of tax you pay, how…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.

Bookkeeping

You will receive our bookkeeping software Pandle for free, as part of your package.

You can use this to complete your own bookkeeping, or we can provide a quote to complete your bookkeeping for you.

Please select and option below:

I will do my own bookkeeping
I want you to do my bookkeeping

Call us on 020 3355 4047 if you’re not sure.