National Grid will invest up to £400M ($532M) to keep the UK-France IFA power link running until at least 2050. Britain's largest subsea interconnector can power about 3M homes and gives access to cheaper French nuclear. #UK#France#Electricity
French VC #AQUITI Gestion announces the final close of their AVA1 fund at nearly €60 million in order to back founders building across the Greater Southwest of #France from pre-Seed onwards 🇫🇷 🌟
Surprising: Moody’s keeps #France at Aa3 w/a negative outlook despite the turmoil. Markets seem far less relaxed: 5y default insurance costs have surged to 103bps, the highest in over a decade. Investors are repricing French risk. Moody’s is standing still. https://t.co/bLmneUKWEz
Deutsche CEO Sewing sounds the alarm on #France: Its fiscal & political instability is a “wake up call” for Europe. The bond mkt is flashing red: France’s 10y spread over Germany has surged to 156bps, highest since 2011. Not a debt crisis yet, Sewing says. https://t.co/DTCqWtDPQghttps://t.co/iIy67VlDVR
