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Didier Camels interested in resuming volailler Sweet

Auto Date Wednesday, May 22nd, 2013

 

Nearly a year after the bankruptcy of Smooth1, the former giant poultry is at a turning point in its history. He presents this Tuesday afternoon a first draft of its continuation plan before the Commercial Court of Quimper. A hearing at which court administrators should request an extension of six months of the observation period and, especially, to announce the arrival of a new strong man in the capital, alongside the Sweet family.

According to several sources, this financial-like white knight could be Didier Calmels, specialist business turnaround, through his personal holding Development & Partnership. The businessman, who was at the origin of the brand's recovery Tanner and rebirth in Alpine Renault competition redeem for tens of millions of euros of debt Barclays2 bank first Sweet creditor who ultimately chose to leave the group volailler. He would take two thirds of the capital, the Sweet family and BNP Paribas retaining a third party. The entrance to the capital of Saudi al-Munajem, historical customer Soft, is still part of the assumptions paydayloan. The group's debt would be reduced to € 340 million (a year ago) to 120 million.

With this new round, the group, which is planning an exit from bankruptcy in the fall, now sees the future with serenity found. Refocused on exports and developed pole (Arch Hotel) Soft – again profitable – should make 560 million euros in sales in 2013. It has a stable cash around fifteen million. At the head of 2,200 people, the Group relies on a new team, a symbol of generational change. Exit the founder, Charles. The group is now led by his son Jean-Charles Doux3, president, and Arnaud Marion, CEO, the man in the shadows. It was he who was the architect of recovery alongside administrators and the new social dialogue. The task was daunting. In assessing the cost center, the band broke up a thousand people. Sweet, who will present by the summer a plan to ten years, now hopes its former grandeur.

Strike call for the SNCF

Auto Date Saturday, May 18th, 2013

 

This would be the second single strike at the SNCF since the election of François Hollande. The four organizations representing the public company (CGT, UNSA, SOUTH CFDT) on Friday filed a request for an immediate consultation. A mandatory procedure before filing a notice of strike. However, Les Echos reported that Saturday1, "at the beginning, they had already announced in a joint leaflet an" action all services unit in June 2013. " Which suggests that the strike will be held Thursday, June 13, 2013.

The unions want to denounce the railway reform and problems purchasing power rail can be read on the website of France Info2. The movement would be followed as the previous, say unions, who find that "the malaise goes."

Society and the state are in full reflection to improve the operational efficiency of the French railway system and eliminate its debt. Two reports on the subject were made in April 3: they both offer a return of all the orders of the State SNCF4 cash advance. A bill will be introduced in a few months.

Meanwhile, in March, the company announced that the railway will make between 1.5 and 2 billion in savings over the next five years. Which in addition to a plan to reduce costs of purchasing, IT spending … 700 million by 2015 already announced a few months ago.

An uncertain 2013 for SNCF

For the year 2012, the SNCF has posted "satisfactory" results in his boss Guillaume Pepy, who has renewed his mandat5 at the head of the company railways for five years. In 2012, the turnover of the Group increased by 3% compared with 2011 to € 33.8 billion. Better, its net profit tripled to EUR 383 million. And debt decreased by EUR 1 billion to 7.3 billion.

Nevertheless, the year 2013 will be difficult with large work Ile-de-France that will disrupt the quality of service, the economy still fragile and budget authorities, including those allocated to transport, which still suffer the crisis of public finances in France and Europe.

Pharmacists accused of laxity and social fraud

Auto Date Tuesday, May 14th, 2013

 

Red card for the College of Pharmacists and the state. The Court of Auditors, in référé1 published on Tuesday denounced the "inertia" of the state who lack a framework for the College of Pharmacists in particular in "litigation and disciplines." In short, side control and sanctions pharmacies in violation. To such an extent that "the disciplinary role of the order is weakening." Some regional councils of the order of pharmacists and record "almost none" complaint. No wonder, because the number of controlled drug was almost halved between 2007 and 2009. In short, drug stores2 today is no longer controlled on average every 27 years!

The situation has worsened since 2009 and the creation of regional health agencies (ARS), relays the Ministry of Health in the regions, the Court noted. The 133 inspectors pharmacists working for ARS are actually allocate that … 27% of their time working the controls. Involved? The ARS affect other missions, mainly administrative, which have nothing to do with their heart business. The order is therefore not the only culprit. To remedy the situation, the judges demanded "a rigorous management controls" by the State, "in terms of public health risks as cost for health insurance guaranteed payday loan."

"Passivity administration"

"Passivity of the government" on the other hand could be costly to the College of Pharmacists. Not having been warned in time to a change in legislation in the biomedical field, the College may have to pay a fine of 5 million from the European Commission. This failure of 2007, sliding in response the Ministry of Social Affairs. Perhaps, but this is just the beginning: "This litigation, should it be lost, could expose the College to requests for damages amounting to tens of millions of euros."

The College of Pharmacists also benefits at the margin, the inertia of the state. Indeed, it does not solve all the payroll taxes it should. And the administration did not press him to claim. If the order was paid from 2010 to the CSG and CRDS on compensation paid to its members, the contributions on wages had not been paid between 2009 and 2012. In its response to the Court of Auditors, the Ministry of Social Affairs promises Urssaf will recover the monies owed if they are not resolved quickly.

Deficits: "Germany is a gift to France"

Auto Date Wednesday, May 8th, 2013

 

Director of the Berlin office of the European Council on Foreign Relations (ECFR), political scientist Ulrike Guérot specializes in European issues and connoisseur Franco-German relations.

LE FIGARO. – What is the state of the Franco-German relationship today?

Ulrike Guérot. – There is tension, but it is when the couple quarrel! Do not idealize the past periods, which were not nearly as pink as they say. The creation of the euro was a Seven Years War! We fought and it was constructive. Symbiosis, as in 1 and Merkel Sarkozy was stifling for the rest of Europe. But beware, the Franco-German crisis is constructive if there is a political will to resolve and make a deal that gives air to other countries out

.

Do you break something constructive between Paris and Berlin at the moment?

It is true that at this moment you have to dig far down the tunnel to see the light! The task is enormous. The first emergency, these are the reforms in France. Because France has lost its structural parity with Germany. As a result, it becomes difficult for it to enforce its views. To make its voice heard within the Franco-German couple and Europe, it must be straightened out economically.

To date it when you drop the Franco-German?

Based on macroeconomic data, it dates from 2007. In 2003, France and Germany have all violated the Stability Pact. Germany took the opportunity to make the reforms that are needed. France, she did nothing of the sort.

Germany agrees to give two more years to France to meet the 3% deficit. Berlin he renounces his principles of rigor?

No! It's like a gift that makes Germany to France. It must use this respite of two years to reform and prove that it is a serious country. Since Germany has decided to abandon the D-Mark in 1992, it expected that France wakes embraces the enlargement of the EU, globalization, and launches the debate on the future of Europe, it stopped in 2005 after the "no" to the European Constitution.

Why such a gift to France?

As for Germany, France is a special case. This is not Cyprus2 nor Greece3. Against France, Germany was out of respect. In this crisis, France is "systemic" if it skids financially and economically, it is dangerous for Germany and the rest of the euro zone

.

Germany Does not concerned that France take this time to do nothing?

There was this fear. But there is also hope that Holland make reforms, as Mitterrand was able to do in 1982-83. There is no alternative to survive in globalization.

What are the most awaited reforms Berlin today?

Germany expects a new pension reform, the abandonment of 35 hours, a further reform of the labor market, social security and sanitation deficits. It must do all that southern countries of Europe have done. And do not put as a prerequisite for its reforms pooling of eurozone debt! This is France to take the first step today. This is the condition for the revival of Europe. It also requires that Germany do more efforts on domestic demand and wages. This is a reciprocal movement. It should be a summary of a European social contract.

Brussels orders SNCM to pay 220 million to the State

Auto Date Thursday, May 2nd, 2013

The European Commission on Thursday ordered the SNCM1 (Societe Nationale Corse Méditerranée) to reimburse the French State € 220 million of public aid found to be incompatible with European competition rules, bad news for the shipping company difficulties financières payday loan lenders.Dans the same time, the Commission has recognized the public service mission of service to Corsica by SNCM from Marseille. "Part of poker around the company SNCM2" Storm Warning for SNCM3

Bangladesh textile industry pay compensation

Auto Date Tuesday, April 30th, 2013

 

The textile industry is a mea culpa. Two signs are committed Monday to pay compensation to the victims of the collapse of the Rana Plaza building in Dhaka, Bangladesh. One of the first to be confirmed working with garment factories destroyed, the British Primark, said in a communiqué1 his local team "working on the establishment of an immediate and sustainable assistance to disaster victims." Specifically, the group made contact with a local NGO to provide "emergency food stocks' families and account" payment of compensation ", the amount is not disclosed. These funds will be paid to "children who have lost their parents," the "wounded" and "families of deceased workers."

While a demonstration was held in front of one of its stores in London 2dimanche, Primark will not pay alone. The group urged other retailers who use subcontractors collapsed building "unfold and offer their help." In the process, Loblaw first food retail group in Canada, recognized to be related to the accident through its subsidiary cheap Joe Fresh clothing and promised financial support to victims. "We are in the process of finalizing the contours," he says in a communiqué3. Like Primark, the Spanish retailer Mango admitted view past orders for 25,000 items from suppliers Rana Plaza in the early hours of the tragedy, but added that they were samples. According to the Clean Clothes Campaign4 Association, based in Amsterdam, the British and Spanish Bonmarché Corte Ingles also revealed their links with these workshops. Other companies that were suspected weekend5 including Carrefour brand Tex, C & A, Benetton or Wal-Mart, but denied.

The financial challenge of responsible production

While the drama was over 380 dead and thousands injured, about 3,000 people employed in the building, the pressure rises on the western textile giants. They are charged to enjoy a local labor at low cost without always ensure checks (security, social and production) on site cash advance flexible payments. In Bangladesh, where wages revolve around 30 euros per month, the union of textile workers (National Garment Workers' Federation) launched a petition 6to force the industry – and spéficiquement Primark, Matalan and Mango – to compensate victims. The text has collected nearly 64,000 signatures to date. "The negligence must stop. The deaths of these workers could have been avoided if these groups had taken the protection of workers seriously, "says Amirul Haque Amin, president of the union. The collapse of the Rana Plaza is the latest in a long list of industrial accidents that have killed more than 1,000 workers in Bangladesh since 2005, according to the International Labour Organisation (ILO) 7, which had a mission support at the scene of the disaster.

Most multinationals have yet signed codes of conduct intended to ensure that their products are made in responsible and ethical conditions, both on the front of the environment on the working conditions of employees. Primark, for example, is a signatory to the Code of Ethical Trading Initiative (ETI) 8, an alliance of companies, NGOs and trade unions which also counts among its members the names of other clothing and Distribution: C & A, River Island, Stella McCartney, Inditex (Zara), Gap, Marks & Spencer, Tesco, Sainsbury's, etc.. The challenge for companies beyond the marketing pitch. With the emergence of a global market for socially responsible investment (SRI) in recent years, the non-financial criteria are increasingly taken into account by financial players who invest in companies. At the end of January 2013, the global market for responsible investment reached 13.600 billion (more than 10,000 billion), or 21.8% of assets under management, according to the World Alliance of responsible investors (GSIA) 9. SRI in France weighed € 149 billion in 201210, up 29% compared to 2011.

The government disarmed against unemployment

Auto Date Wednesday, March 27th, 2013

 

A few months of respite! The record of 3.195 million unemployed in category A, dated January 1997, was not passed by the end of February 2013 the Ministry of Labour. At nearly 7800 … It is nevertheless true that unemployment was a 23rd month of increases, with a further increase of 18,400 job seekers, perhaps two and a half times lower than in January 3187 but which leads to .700 enrollment in the reference category employment center. And also the number of 260,100 new unemployed since the election of François Holland in May. Or nine months, about a third of the increase recorded across the quinquennium of Nicolas Sarkozy.

"This increase is part of a trend in reality for nearly five years," said Michel Sapin in a statement, with supporting figures. If we add job seekers engaged in a Pool (part-time jobs), "is rising continuously since May 2008, for 57 months," attack against the Labour Minister hints referring to the responsibility This further increases the legacy Sarkozy.

"General Mobilization"

"I call for a general mobilization for employment", for his part, urged Jean-Marc Ayrault during the session of the current issues in government. And including "communities, associations, the world of social and solidarity economy" that must seize funded jobs (jobs of the future, assisted contracts …) that the government has put at their disposal. But also companies, called mass recruit young people (and retain senior employment) through the generation contract (500,000 are scheduled throughout the five-year period), even now apply for the tax credit competitiveness unveiled in November.

For the first results of the policy to be felt soon low fee payday loans. The jobs of the future, the commitment of 34 François Hollande during the presidential campaign, including struggling to take off. In five months, only 15,000 (about 100,000 this year) have been filled. 15% of the target. "The rise of this device is slow but it is certainly faster than for youth employment in 1997," says an employee of Michel Sapin. "Many actions have been taken but the results will be visible in a few months," cautions his side Aquilino Morelle, the political adviser to President.

François Hollande reaffirms his promise

This announcement does not, however, more credible promise, reiterated Tuesday by François Hollande, a reversal of the unemployment curve by the end of the year. "This is not simply a matter of belief, it is a desire, a goal and I will stand there," insisted the head of state.

With sluggish growth and weak recovery hopes among our European partners, the trend is still a strong increase in the number of job seekers in 2013. The unemployment insurance system has even estimated 185,000 over the entire year. Either deduction increases in January and February, nearly 125,000 unemployed who will register at employment center by 31 December. Not really sense a trend reversal

.

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The pound plunged against the risk of recession

Auto Date Thursday, March 14th, 2013

 

The pound continues to slip. Tuesday, it fell below 1.4877 dollars, its lowest level against the U.S. dollar since June 2010. The book is depreciated by 8.3% against the dollar this year and 7% against the euro, which makes it the currency of the worst performing developed markets in 2013, after the yen.

It is disappointing that manufacturing production has plunged the British pound. Against all odds, the figure stood down in January. This bad start of 2013 has revived fears of recession entry into the United Kingdom, as growth contracted in the last quarter of 2010 and unless outstanding performance in the service sector beginning of this year, growth could be negative in the first quarter of 2013. The UK could then face its third recession since the Great Depression of 2008!

The prospect is worrying investors, who were anyway not expected industrial production to drop sterling "There is definitely a momentum against the pound, said Derek Halpenny at Tokyo-Mitsubishi UFJ Ltd. in London, and markets seize any excuse. Low statistics in the UK suggest a new quantitative easing, and this is a recipe to reduce the book. "

"Shock Treatment"

Indeed, unlike the United States where improved data suggests that the Federal Reserve may have less need to support the economy, the Bank of England could reinforce its action plan guaranteed pay day loans. Last week, the Bank of England is holding its goal of redemption of 375 billion pounds, but strategists await the next BoE meeting in early April, knowing that some of its members are in favor of a more flexible quantitative, with 25 billion pounds new employees to support the British economy. In fact, many economists believe that the March 20, Chancellor George Osborne could announce within the next budget, new powers of the Bank of England to give him more leeway.

But the Minister of Economy should go further by employers. This week, John Longworth, Director General of the British Chambers of Commerce (IWC) has proposed a "shock treatment." According to him, "If within six months, there is still no prospect of growth, it will consider the option to borrow more money." The solution would be, he says, to reduce some welfare and invest the money in activities that doperaient growth. Areas selected should be those that "forgive markets", that is to say infrastructure.

It seems unlikely that the government reverse its fiscal policy immediately. Conservative Prime Minister David Cameron has explained that if Downing Street came back on drastic cuts in place, the country would plunge into the abyss.

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A human chain against nuclear

Auto Date Sunday, March 10th, 2013

 

They hoped to collect tens of thousands of people as last year. Activists, supervised by the Nuclear Exit Network, organized a human chain Saturday in 18 different points of Paris. Their goal: to seek the judgment of this energy in France, two years after the Fukushima disaster. According to organizers, there were more than 20,000 participants.  

According to the spokesman for Nuclear Phaseout, Pierric Duflos, protesters surrounded a series of "power centers" that promote nuclear energy, as the National Assembly and the Senate, several ministries, including Defense and Ecology, the Nuclear Safety Authority (ASN), the seats of EDF and Areva in the neighborhood of Defense, as well as several banks, including BNP Paribas and Credit Agricole who finance power projects .

"This chain yellow sun sent a message of solidarity with the Japanese people" and "indignation message to policy makers that we impose a deadly behalf of narrow interests and economic nationalism," according to a statement released by the network.

Not far from the National Assembly, along the Seine. Photo credits:

End of diesel: the challenge of scrapping

Auto Date Monday, March 4th, 2013

 

Several camps oppose the government on diesel. All agree that the older vehicles running on diesel pollute the most, but opinions differ on how to improve the situation.

Arnaud Montebourg, Minister of Relief productive favors a "conversion premium". The scrappage scheme that does not mean his name (and for good reason, the government has been criticized previous measures) would be both "a social and environmental." It seeks to help poor households own a car diesel acquire a new one … or recent occasion, what would an innovation premium prédécentes.

Arnaud Montebourg has provided no details on a possible threshold of income for these households, or confirmed that the measure would apply to vehicles more than 12 years, which represent 27% of the park. "More than a diesel is prior to 2011, it is more polluting," said the Minister. But you can not establish a "cash for clunkers that meets the backlog of foreign manufacturers." Without specifying how he would pay the premium, Arnaud Montebourg ruled out an increase in diesel. The difference between 1 liter of gasoline and 1 liter of diesel is 18 cents in France "as in Germany," he said, decided "not to be dictated a course of action by the Court of Auditors."

Clog purchases

This has opened the Pandora's box this weekend, stressing that the alignment of taxation on diesel than gasoline would yield $ 7 billion to the state. Arnaud Montebourg believes that "any change in tax could penalize the two French" Renault and PSA diesel champions no fax cash advance. Nothing will be done "without consultation with domestic manufacturers," stressed the minister.

A position remote from that of the Minister of Ecology. Delphine Batho, who proposed the conversion premium, wants more alignment of taxation of diesel and gasoline. It targets 60% of the French car fleet equipped with diesel, responsible for "40,000 premature deaths" per year attributable to fine particle emissions.

Caught between health issues and the need to avoid adverse effects of scrapping (artificial support and expensive market, which eventually collapses), Pierre Moscovici, Minister of Economy, kicked by explaining key "entrusting a reflection on environmental taxation in a working group. No form of higher taxes on diesel are expected. "At the same time, an advisor Matignon conjured him, a" convergence of taxation on diesel and gasoline. "

Salvation could come from hybrid and electric cars. Renault has a range of four electric vehicles, PSA focuses on hybrid diesel (engine mid-electric mid-thermal) and Smart is the third manufacturer to produce an electric car in France. Meanwhile, the ministers take the risk of block purchasing decisions, while spring is a carrier for the car, provided that no debate on taxation does come pollute sales.

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