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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on May 12, 2025

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    PARIS (Reuters) - France will respond to Algeria's "unjustified" decision to expel 15 French officials, Foreign Minister Jean-Noel Barrot said on Monday, as relations between the countries worsened further.

    France's ties with its former colony have long been complicated, but took a turn for the worse last year when President Emmanuel Macron angered Algeria by backing Morocco's position over the disputed Western Sahara region.

    There had been a short-lived thaw in tensions last month after Barrot visited Algiers, but a week later tit for tat diplomatic expulsions once again strained ties.

    Algeria's press agency APS reported on Monday that France's charge d'affaires had been informed that 15 French diplomatic agents were in irregular positions and would be expelled.

    "The departure of agents on temporary missions is unjustified and as I did last month, we will respond immediately and in a strong and proportionate manner," Barrot told reporters in Normandy.

    France in mid-April recalled its ambassador to Algiers for consultations and expelled 12 agents serving in the Algerian consular and diplomatic network in France after Algiers had expelled 12 French diplomatic staff.

    A poor relationship has major security, economic and social repercussions. Trade is extensive and around 10% of France's 68 million population has links to Algeria, according to French officials.

    "This is a decision that I regret because it is not in the interests of Algeria, nor in the interests of France," Barrot said, declining to give further details on the response from Paris.

    (Reporting by John Irish, editing by Ed Osmond)

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