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Archive for June, 2012
The legislation in large villesParis | Leeds | Lyons | Toulouse | Leeds | Sheffield | Liverpool | Bordeaux | Lille
"This is the focus of our structural reforms," he said before the government committed Parlement.Le confidence on four articles of this controversial law, before the final vote, expected in mid-morning. The new law corrects the excessive rigidity in the text that governs the worker's status in Italy for forty years!
Negotiation with employers, unions and political parties was tough. Opening the debate in February, Elsa Fornero, the Labour Minister had set a month to reach an agreement. He has taken over four to complete the discussions without reaching consensus.
The new president of the board, Giorgio Squinzi, called the law of evil "turnip," while the boss of the powerful CGIL, Susanna Camusso, believes it "will not solve the precarious" workers.
Article 18 of the modalities of the right of dismissal led to a real showdown. The compromise reached is close enough to break conventional in France. Employees and companies may, by mutual agreement, terminate the employment contract for compensation equivalent to twelve or twenty-four months' wages.
Contrary to what the unions wanted, the dismissed employee no longer has the right to automatic reinstatement – now almost the rule in cases of forced departure, but only if the judge considers dismissal "clearly abusive" or "totally unfounded "economically no teletrack payday loan. Emma Marcegaglia, patron of Confindustria until last May, welcomed the end of a "social taboo".
The new text is not only a liberal. If it makes layoffs, it also extends social protection to excluded categories of major collective agreements on behalf of the principle of "universality". In a country where 90% of companies employ fewer than ten employees, the law will extend unemployment insurance to millions of employees who were previously in private. This is particularly true of a million young people working in the most total insecurity.
To provide flexible employment, including youth, a new labor contract will be introduced, providing a learning period of three years. The company will be free to terminate the employment during the probationary period but will necessarily hire him after this period.
This provision will end the string of small employers renew contracts of three months in three months with no job security. The law also will discipline the jungle of labor contracts (over 24) that make the labor market particularly chaotic.
These are the mysteries of official statistics … After last week released data on disparities of wealth in 2003, INSEE has posted yesterday, those on wage growth … in 2010. Either there are more than 18 months, for a time when the economy off again after two years of crisis of unprecedented intensity.
According to the state institute of statistics, the average salary of an employee in a public or private time was 2764 euros gross per month and 2082 euros "net of all withholding taxes." An increase of 2% in current euros, (against 1.3% in 2009) but 0.5% in constant euros, or by integrating the evolution of prices (against 1.2% last year). This increase in the average wage is mainly related to the employment recovery observed throughout the year 2010 (101,600 + jobs created) which boosted the overall wage bill.
The recovery has mainly benefited the unskilled laborers engaged in temporary and low paid, the average wage fell by 0.2% in constant euros, while it increased by 0.1% for others. The frames are however fared better (especially in the finance sector) with a 1% increase in the amount entered on their payroll in late 2010 after two years of famine.
Greater increase in women
Another paradox: while men have benefited most from the rebound in employment in 2010, wages rose less than women. Even half as fast: +0.3% against +0.7% for women. This observation is found throughout the wage hierarchy
Last originality, the wages of part-time employees (15% of employees in France) increased slightly more than full time. The reason is relatively simple and takes again to mass effects. "The number of paid hours decreased slightly for full-time people but increases for those part-time, especially for men," says the institute public.
Coincidence, INSEE has also posted yesterday the indices of gross monthly earnings (SMB) in 2011 in France and Germany. If they rose without taking into account inflation in the same proportion (2.2% in Paris and Berlin + 2.1%), however they have declined in constant euros four times more than the other side of the Rhine (-0.4%) than in the Hexagon.
Results, however, be taken lightly, because the index does not include the SMB premium (high in Germany in 2009 and limited in 2010) and overtime pay in France.
"The boost in the minimum wage employers worried
"In 26 branches, the pay scale begins under the minimum wage
"Compensation" Review criteria before level "
Tired of disbelief, Germany does not hide his irritation toward Francois Hollande. The French president's strategy to exit the euro area and France of the crisis beyond comprehension for the ruling class of the Rhine. So it is no longer immune against the storm, Germany multiplies appeals to reason. Berlin laments not being able to rely on its historical partner in European integration at the crucial moment when the euro area needs to reorganize to face the future.
In criticizing the "mediocrity", which should not become the standard "in Europe, last week, Angela Merkel was indeed France, which abandoned its alliance with Germany to be closer to the southern countries of Europe . As his finance minister, Wolfgang Schäuble, the chancellor was annoyed to see French President spread his disagreements with Berlin and stress mechanisms to pool debt at the expense of Europe's largest economy. She is worried that France continues to dodge the structural reforms they deem necessary to restore competitiveness and market confidence.
Crushed by the weight of its history, Germany has always refused to assume fully its economic power. Without complaining, she put her checkbook in the service of European construction, leaving Paris on the first political role. In recent years, while she was digging away with France, Germany had taken care to preserve a balanced partnership with its historical ally. "Sarkozy had seized the chance to Merkozy this alliance," to extract concessions from Merkel, says the Financial Times Deutschland in an article entitled: "Mr. Chairman, break your promises!"
The partial return to retire at age 60 caused a shock in Berlin. Schäuble not digest what he considers a penknife in the Franco-German agreement. "We were stunned, says a senior German official. We do not understand the fury with which the Netherlands seeks to join the club of France PIGS (Portugal, Italy, Greece, Spain). Yet the contract was fair. German solidarity was to pay euro to keep the vessel afloat. In return, our partners should make the necessary reforms. "
Only the former communist applaud!
Initially, the senior believed in the German electoral bluff. But the insistence with which Holland was clinging to the leaves Eurobonds surprise. "When we say that Germany has not the means to assume the debts of all Europe, Holland thinks he really think the finances of France allows it?, Wonders what tenor of the coalition. We do not understand the willingness of France to want to pay higher interest rates when it is already struggling to reduce its deficits. "
In an article entitled "Francis, the nightmare of businesses," the center-left daily Süddeutsche Zeitung alarm project of French President to "stifle" the French industry with "higher taxes" to meet the commitments of deficit reduction. And the Süddeutsche to wonder: "This redistribution will she businesses more competitive? France hopes she and create jobs? There is not the beginning of structural reform, although growth and employment are government priorities. "
After offering to support Holland cosmetics, its allies the German Social Democrats were quick to rally Merkel and her fiscal pact, the meager concessions on price growth. The optimists continue to hope that he will develop into a social democrat in the best French … Meanwhile, the first bars of Holland have at least found favor with Sahra Wagenknecht, the muse of former communist Die Linke, which rents its course "no fault".
New setback for the fiscal pact
Germany aims to be exemplary in the development of the rescue mechanism of the euro. But Merkel has to accommodate an unfortunate mishaps in the ratification of the fiscal pact and MES (European Stability Mechanism). The German Constitutional Court has asked the president of the Federal Republic, Joachim Gauck, to postpone his signature in order to consider an appeal against the text of the radical left, Die Linke. Gauck has granted the request of the Elders of Karlsruhe, whose judgments Eurosceptics increasingly concerned about Berlin.
This delay will prevent the entry into force of the MES in early July, as planned. German Parliament's vote is expected on June 29, after the Chancellor has managed to rally the opposition. But without the signature of President Gauck, the text approved by Parliament has no legal significance. The signature may not be made until the appeal has been reviewed by the Constitutional Court, which should take two to three weeks.
The implementation of the MES is especially important that this mechanism will be used to help the Spanish banking sector once it is activated. Meanwhile, the euro area will use the EFSF.
"EU: Monti stressed the risks if an agreement is not found
"Crisis of the euro: Germany raises her voice
Margins of the Rio + 20, Embraer and Aviation Industry Corporation of China (AVIC) announced their continued partnership in Harbin as part of a new joint venture agreement. It aims to assemble in China two models in the business aviation manufacturer in Brazil: the Legacy 600 and Legacy 650. Devices that belong to the category of "super mid-size jets" and "broad jet" respectively.
"A model of South-South cooperation"
The first draft should leave the assembly line in Harbin in late 2013. It will be delivered to ICBC Financial Leasing Co., a subsidiary of the Chinese bank ICBC, which announced on the night of Thursday to Friday, June 22, signed an order for 10 jets with Legacy 5 farms and five optional. With this contract, Embraer has received 159 orders for business jets and regional aircraft in China including 20 Legacy jets. "This announcement marks another step in Embraer's presence in China and bilateral relations between Brazil and China. Our presidents believe our partnership with Avic as a model of a south-south cooperation, "said Frederico Curado, CEO of the Brazilian manufacturer.
Embraer is present in China since 2000, opening a representative office in Beijing. In 2002 he joins Avic to launch, as part of a first joint venture, assembling the ERJ 145, a 50-seat regional aircraft in Harbin. The plant is designed to provide Chinese airlines. But for several months, the site was idle for lack of new orders.
Jackie Chan as special ambassador
Embraer and AVIC will give new life to the factory of Harbin in transforming the assembly line of the ERJ 145 to the Legacy that was developed based on the ERJ 135, a 35-seat regional jet.
Embraer will build on the strength of the Chinese domestic market. The claimed 78% of Brazilian regional aircraft market. He also wants to break into the segment of business aviation. He also offered the services of an ambassador of shock in the person of the action film star Jackie Chan. According to Embraer, deliveries of business jets is expected to reach 635 copies over the next decade.
"Chinese Research Society of French pilots
"Embraer will not hunt on lands Airbus and Boeing
"Dassault Aviation invests the promising Chinese market
Half the national wealth is held by the 20% richest households. Farmers have the most important asset, the employees and workers the lowest. For the first time, the body responsible for static and Economic Studies, INSEE, lifts the veil on the realities – albeit accepted – until unencrypted. Inspired by the report of Joseph Stiglitz, Amartya Sen and Jean-Paul Fitoussi published in 2009, this study is based on joint work in 2009 on income inequality and consumption in national accounts, as well as on data survey collected on this topic from a representative sample of households conducted in 2003. If these data seem obsolete – they do not take into account the crisis through which France for several years – of interesting trends emerge.
"There is a tendency that can be drawn: firstly, households save, including contractual savings products (savings books, savings plans …), in a second time they acquire a property portfolio, which often leads them into debt. Later, if they can, they are diversifying their assets in shares or life insurance, "said Ronan Mahieu, Head of National Accounts at INSEE.
Inequalities exacerbated by age
Households aged under 40, representing 30% of French households own only 13% of total wealth. Households under 30 years, they, have an average wealth ten times lower than the average of 60-69 years. The reason is obvious: wealth accumulates over the years and became rich thanks to career development. Added to this inheritance, usually seen from 50 years. However, growth would cease heritage beyond 70 years because of funding pensions and any household donations to relatives in their lifetime.
Farmers in mind, workers and employees last
Not surprisingly, the profession appears fully as a parameter discriminating about the level of wealth held by households. 30% of the total household net worth and is divided between farmers, entrepreneurs and professionals, whether active or retired totally free credit score. However, for the latter, the pension system remains dependent on them and is not included in the calculation of their heritage. Farmers do not have particularly high incomes and savings do not generate a very large, but their heritage is high, composed for a significant share of business assets, donations and legacies likely contribute to fuel their heritage.
The INSEE study argues in that respect that the average net worth of farmers is almost three times higher than that of all households, while in comparison, that of staff and workers is more than twice lower.
Housing and children dig heritage
The desire of households to become homeowners is a key component of household wealth as emphasized by the INSEE. In late 2003, then occupied housing 55% of assets owned, while being responsible for 60% of debts. Made based on occupation, housing reached a rate of 70% for heritage workers. The share of real estate capital outstanding, in turn, further stigmatizes the occupational categories: while farmers must pay an average of 4% of their homes, workers and households with more than three children in their charge another 20 % to be paid.
INSEE finally finds that on average, couples with children own less wealth than couples without children, without much ensure the existence of differences in the number of children. In contrast, individuals would have more wealth than families monoporentales, but at least two times less than childless couples.
End of 2010, the heritage of France was 13.065 billion euros. That of households amounted to 10.203 billion euros in total, and 150,200 euros for the average wealth of the French.
"Asia has more than great fortunes that the United States
"The Americans saw their wealth fall by 39% since 2007
"The French millionaires have weathered the crisis
"The French are becoming millionaires working
Its unraveled with the tax did they Yannick Noah specialist tax issues? The tennis player will be auditioned on Tuesday morning at 11 o'clock by the Committee of Senate inquiry into tax evasion led by an elected Communist Eric Bocquet, and UMP, Philippe Dominati.
"It is not to peel their tax records," says one close to figaro.fr of the Senate Committee, but rather to seek the views of these high-income taxpayers and distinct profile.
Yannick Noah has had some difficulties with the tax departments in recent months. He was dismissed in September after a disputed tax assessment of approximately 1 million euros to the Constitutional Council. That did not stop during the presidential campaign, to support the measurement of shock Francois Hollande to tax at 75% on incomes above 1 million euros.
"I'm happy to pay. And I will (…). Among the people involved, 99% are against it paydayloans. My friends right, and I have many, are green with rage at me. They do not want to see me, call me a fake-ass. They have no concept of public interest. It's every man for himself ", he explained. Yannick Noah was domiciled in Switzerland between 1991 and 1993.
Guy Forget live for his part in Switzerland for 20 years. "We are in a crisis, but I do not think anyone should feel ashamed or guilty of anything, he argued in April. This is a sensitive subject, it is always difficult to be shamed. "Among the tennis players defending the colors of France in the Davis Cup, led by Guy Forget-Jo-Wilfried Tsonga, Julien Benneteau and Gilles Simon live in Switzerland.
"" Tax reforms are made in the dark "
"The moral and fiscal pragmatism are compatible?
"Taxes: what the left simmering
The Greeks suffer, every day, the unfortunate consequences of a reduction of basic public services.
• Shortage of drugs
The country crumbling under debt, Social Security is no longer able to pay back the pharmaceutical companies. The government debt to laboratories reach one billion euros. As a result, hospitals and pharmacies can no longer supply or provide medications needed for treatment against cancer or AIDS. Pharmacies are also out of stock of antibiotics. To this must be added the refusal of pharmacies to provide prescription drugs because most of them now fear will never be repaid. Most vulnerable, particularly pensioners, are struggling to heal.
• Electricity, water, gas outstanding
Because they have seen their revenues decline or disappear, many Greeks are slow to pay their water bills and electricity or do not pay at all. But sanctions are reported: no government dares to cut power to one of their compatriots. This situation worries the companies supplying gas to Greece, as the Russian giant Gazprom, which threatens to interrupt deliveries if the bills remain unpaid.
• Strike garbage
Unpaid wages for months has pushed the garbage collectors of Thessaloniki, in northern countries, to stop the garbage. As a result, garbage bags accumulate at the foot of the White Tower, the famous monument of Macedonian city. Beyond the strong unpleasant odor, especially during these hot days, people are crying danger to public health. The mayor, Giannis Boutaris, claims to have found a temporary solution, even if it has no state support, to convince the garbage collectors back to work
. • Museums and archaeological sites closed
In lack of security staff, archaeological sites and museums are idling. There are indeed 200 wardens throughout the country in 1900 to protect archaeological sites and museums! Some close their doors to the public two days a week instead of one, others have reduced their opening hours and others are closed until further notice, as the Byzantine Museum of Athens or the site Archaeological Nemea in northern countries fast cash without a hassle. After the theft of paintings and relics in the Pinacoteca in Athens and the Museum of Olympia earlier this year, archaeologists have redoubled their vigilance, but cry at risk if the austerity measures continue to plague the country's heritage .
• Universities at Risk more books to school
Universities across the country are forced to make drastic savings and threaten to soon have to close their doors as they are in debt. Especially since their state requires more effort, like schools. Since last year, the students are forced to buy their own books previously funded. Struggling families have opted for photocopies for the instruction, because this year, schools have announced they no longer had the means to finance the photocopies
. • Lack of cadastral
… Despite repeated requests of the troika, Greece still has no land registry! Sending in Athens by a team of Dutch experts is nothing changed. So, it is impossible to privatize state assets because the land is not demarcated. Example: Athens airport, which is unknown the exact scope, is unmarketable in the state. The lack of cadastre explains freezing of the entire privatization program, expected to realize 15 billion euros by 2017.
"The vote on Greece's European future
"Greece: central banks are ready to act together
"Greece: Tsipras adopts a tone of Prime Minister
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