Online Press Release Distribution

 

While the Franco-German couple is going through a serious crisis, exacerbated by the release of a document on PS1 vitriolic Angela Merkel2 François Hollande 3a tense Thursday, a pole to the latter: it offers the Chancellor an "initiative Europe "at four points, which includes, for the first time, a chapter on political union, so dear to Berlin.

"The Germany4 is ready for political union, well, France5 is ready to give content to this political union and she gave two years to get there," said the Head of State. "We are not afraid of the political union," he assured. "But we want content that shows Europe6 can bring benefits to citizens."

This is the first time that Francois Hollande says the following about the political union. Angela Merkel who has been waiting almost a year its response to German proposals can only welcome this step. "In Europe, Angela Merkel is ready to compromise. (…) We will reach an agreement before the German elections, "says the French president. "We must get Europe out of its languor," he insisted. "If Europe does not advance, it falls, it is erased from the map of the world, the imagination of the people," he added.

On the bottom of the political union, however, a difficult discussion. "Europe is not only the reduction of deficits," warned Francois Hollande, without renouncing its promises of "serious budget." His four-point plan presented at the press conference 7inclut two subjects that annoy the Germans: "The common fiscal capacity" and "common bond." Dear Francois Hollande, the two themes are synonymous, the Rhine, unacceptable financial transfers without a real "fiscal union" that would put state finances in the euro area – and their reform agenda – Trust Brussels, thus indirectly Berlin cash till payday.

This is where the shoe pinches. Other points of the plan are more consensual Holland with Germany. Strengthening the governance of the euro area, with "monthly meetings around a President" is accepted by Germany, it is clear that the independence of the European Central Bank is not threatened and if it can contribute to building a better economic policies, so structural reforms. These meetings would be conducted at the level of ministers in charge of economic portfolio (Finance, Labour, Social Affairs, etc..).

a "New Deal" for employment in Europe

In its offensive in four points, the French president also called for a rapid release of funds from the EU budget for the unemployed youth. Some € 6 billion was budgeted for the EU over seven years. It proposes to accelerate the payment under a "New Deal" for use in Europe, negotiations between Paris and Berlin.8 fourth point: the revival of "European Energy Community" on expensive in Paris and Berlin. This is an ambitious project at half years, as large states, including France and Germany, have consistently refused to cede sovereignty on this strategic issue. For François Hollande, who had raised the issue last September at the conference environment, we must "define a strategy together, help each other on the energy transition, and make an effort to promote renewable energy." A subject on which Angela Merkel agrees, especially if it is done on European funds …. On the issue of renewable energy, however, Germany has a length ahead of France: 25% of its electricity production is based, against 12% in France, which is dominated by nuclear energy.

If you need same day cash approval without completing tedious application procedure, cash advance no faxing is the deal for you.

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

 

After a bad year in 2011, the number of accidents has decreased in 2012. And this trend continues in 2013, according to the assessments of road safety, with less than 9% of fatalities and 12% of injuries in January.

These figures hope left lower auto insurance rates this year, but it is not. The price index for private insurance, published by the comparator Assurland shows a 2.1% increase in the cost of insurance over the last twelve months. Yet the comparison provided in December 2013 contained up only 1%, driven by competition. He noted then increases by 0.9% in 2012 to Maaf, 1.5% for Axa, 2% Maif and Macdf, Generali 3% and 4% for Swiss Life.

Insurers defend themselves

The number of accidents is not the only factor to play on the evolution of premiums, insurers argue. They evoke the rising cost of repairs made more complex by the invasion of electronics in cars. Victim compensation costs also more expensive insurance: accidents are fewer, but more serious, and therefore the duration of care is growing. Axa, there was an increase in 2012 the average cost of accidents by 2% damage and 5% for bodily injury, a trend already observed in 2011.

Some legal systems also weigh in the balance. Insurers must finance since January 1, 2013 revaluation of pensions paid to victims of road accidents, although it is far from the Guarantee Fund compulsory insurance of damage (FGAO) who took care. Accordingly, Axa evoked a possible late 2012 premium increases from 1.2 to 1.3%. Another measure that could weigh: the equalization of rates between men and women, decided by Court of Justice of the European Union last December. It could lead in 2013 to a leveling up of premium automobiles women.

Another possible explanation although they deny it, with the car insurance offset what they lose elsewhere. The insurance sector in 2012 recorded a turnover down 4%. Life insurance in particular has suffered with withdrawals over the payments of 3.4 billion euros. As auto insurance is mandatory, insurers may be tempted to improve their margins on this side.

ALSO READ:

"The various guarantees your auto insurance

"Auto Insurance: The warranty support

"Insurance: more moderate price increases in perspective

 

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.

ALSO READ:

"The lower taxation of diesel costs 7 billion per year

"The diesel in the viewfinder of government

"The government is working on a" conversion premium "

 

From June, all employees working remotely Yahoo! will return to the office. This is a confidential internal email sent last Friday to all employees, who spread the news. It was released by angry employees on a specialized blog.

The decision of the CEO Marissa Mayer is well justified: "Some of the best information comes from making and schmoozing and cafeteria, meeting new people, impromptu team meetings. The speed and quality may be sacrificed when working at home. (…) It is essential that we all present at the office. "Setpoint does not appear for discussion: those who refuse to return to the office will lose their jobs.

"Those who expect the electrician at home"

Concerned employees working only at home, but also all those who had managed to make telecommuting a few days a week. Their exact number is not known, but everyone can feel concerned. The tone becomes guilt willingly turning a note of the email: "For those of us who may need to stay home to wait for the electrician, use your best judgment, in a spirit of collaboration." … …..

Marissa Mayer. Photo credits: HANDOUT / REUTERS

Argentina deserves it sit at the table of the G20? Clearly not meet the Association of American taxpayers (NTU), a powerful lobby near the Republicans, who feels that Cristina Kirchner should give way to Switzerland or Norway. "Argentina …

 

Regulated gas prices increase by 2.4% on January 1st. The information circulating over the past few days, she made official Monday morning by the Minister of Energy, Delphine Batho. Some 10 million households are affected by this measure.

This is the last time gas prices are reviewed on a quarterly basis. Now, the formula will apply every month, said Delphine Batho, with a reference period for the pricing not more than six months but eight. "The government wants not only to better smooth the variations of gas prices but also trivialize this episode turns for several years psychodrama one hand, GDF Suez demanding an increase in the other, governments hinder the maximum not to displease opinion, "says one industry expert.

Specifically, up 2.4% on January 1 comes after the State Council has declared illegal the increase of 2% on 1 October: GDF Suez, in accordance with the law which states that the cost of procurement of company are fully passed, would have had to get up more than 6%. Governments have been forced to make a tariff adjustment, it being understood that the application of the formula 1 January resulted in an increase of only 0.8%.

The rival GDF Suez disappointed

The government has taken other steps to try to soften the bill: one "emergency" is to extend social tariffs for gas and electricity to 830,000 more people. For the moment, some 360,000 customers benefit from these rates for gas.

Other ads fit in the longer term. The government wants to encourage particular GDF Suez to renegotiate supply contracts: they will be subject to an annual report of the Regulatory Commission (CRE). The company has always said she constantly renegotiating these contracts, while the regulator is already making audits. But the government is also clearly continue to weigh on the evolution of prices not only can decide every 1st July to revise the formula, but a safeguard clause provides that the government may freeze the application of the formula "Emergency" or soaring price of hydrocarbons. Accuracy of size: all this device must still be a statutory instrument. Possible improvements are perfectly feasible.

The National Association of energy retail operators (anode), which includes rival GDF Suez Monday showed his disappointment: "No solution has been found to effectively protect the purchasing power of consumers. The only remedy is to increase competition, or there is not a word about it, says Fabien Choné, president of the anode. More than 50% of the French do not know that there are offers up to 15% cheaper than the regulated tariffs. "

Anode will meet Friday and should make the decision to file an appeal with the European Commission. It stigmatizes a longstanding French energy market very locked.

ALSO READ:

"The gas will increase by 2.4% from 1 January 2013

"Gas and electricity: the puzzle prices

"The French market for energy is too closed

 

Buy the famous red phone service emissions Omar et Fred, the leather jacket Johnny Hallyday or the headphones Bob Sinclar is possible. Shop Cloakroom Collective has partnered with dozens of famous personalities from the fashion and media who have agreed to auction their belongings in order to give a boost to the Telethon. "A great opportunity to acquire a unique piece while making a gesture of solidarity" can be read on the auction site that must close Sunday at 12:00.

The actress Virgina Efira the former Miss France Sonia Rolland, through presenter Bernard Montiel, more than two dozen celebrities have played the game graciously offering their jewelry, jackets, bags and shoes for a good cause. Each article is presented by the star herself on the site and during the two-day telethon to raise up the stakes. Franck Dubosc, sponsor of the 26th edition, presents his football jersey worn in the movie Lords.

With regard to branded products, the prices of the items still high. For example, the bid amount for the leather jacket Johnny Hallyday Saturday afternoon reached 6,000 euros payday loans for self employed. In contrast, Michèle Laroque dress seems to be less successful because it is only 165 euros.

For now, the amount of donations collected by Cloakroom Collective will be handed over to the French Association against Myopathies (AFM) amounted to 27,562 euros. An amount that will be added to other gifts that record the moment a drop of 20% compared to last year. Indeed, the association had collected Saturday noon around 12 million euros, while the meter displays more than 14 million at the same time last year. A "first" since the creation of the Telethon according to the president of the AFM, Laurence Tiennot-Herment, which however spoke of a "delay rattrapable yet." To do this, the AFM has appealed to the generosity of the French to mobilize despite a difficult economic environment.

ALSO READ:

"Telethon: call the face of declining donations

"5.6 million euros raised for Telethon at 8am

 

This summer, the increase in the unemployment rate in the eurozone took a break. For the third consecutive month in August, it remained stable at 11.4% of the workforce. This trend does not bode anything good yet. The July figure was revised upwards and it is now 16 consecutive months the unemployment rate exceeds 10%. The expected growth in the entire region for 2013 should also not contribute to support the labor market.

The figure of 11.4% is a record. Even in the mid-1990s, the unemployment rate in the euro zone did not exceed 11%. In August, 18.2 million people were unemployed in the 17 member countries of the monetary union. This is 34,000 more than the previous month, and 2.1 million more than a year ago. These are young people who suffer most from the economic downturn. In August, they were 3.4 million currently unemployed in the euro area, a rate of 22.8% on average (25.2% in France). They are more than 213,000 in 2011.

But developments are very different. Austrian unemployment rate, the lowest in the euro area (4.5%) was down one point in August. That of Germany, at 5.5%, is stable this month but down overall year on year. It is in Germany that youth unemployment is the lowest at 8.1%. The unemployment rate in Luxembourg (5.2%) took only 0.1 points over the same period. Finally, if the Netherlands have their deteriorating labor market, they do not retain less unemployment (5.3%) to rival the countries of the periphery cheap credit report.

Growth forecasts

Because the gap increasing with the countries of southern Europe, mired in crisis. More than one in four active – 52.9% of young people – is now unemployed in Spain, including the labor market is the most severely affected. Unemployment Iberian took more than 3 points in a single year. Portugal now has 15.9% against 12.7% of the unemployed in August 2011. But it is in Greece, second country in the euro zone hit, unemployment has increased the most. A 12.7% of the workforce last year, it rose to 24.4% in August. Young Greek assets were 55.4% in June to point to unemployment, poor record in Europe.

Figures "completely unacceptable," according to the spokesperson of European Commissioner for Employment, László Andor, on Monday. The situation, however unlikely to improve in the short term. In his budget proposal released on Monday, the Greek government expects a sixth year récessionen 2013. In Spain, the government expects GDP to fall by 0.5% next year. Countries and time saved, as the Netherlands and Germany are beginning to suffer from the crisis. For the entire euro area, the IMF expects GDP to fall by 0.3% in 2012 and 0.7% growth in 2013. A dynamic that should be enough to reverse the trend in the labor market.

ALSO READ:

"Spain: the reasons for unemployment record

"Risk of recession in France and Germany

 

They could not help it. Although it is fashionable in Europe, not to put pressure on the European Central Bank when the crisis bites, François Hollande and Mario Monti, who found themselves Tuesday for the third time in Rome did not resist the temptation to make a small sign in the direction of Frankfurt, which is the key meeting Thursday of the Board of Governors of the ECB. And, while Moody's threatens to degrade the AAA rating over the European Union.

"It is true that there are interest rates that are too high in a number of European sovereign debt, particularly in Italy, said François Hollande, it is the role of all those who authority to intervene in the euro zone, including the European Central Bank to contribute. "the Head of State even added that the Eurozone was prepared to intervene with the ECB on the market through the mechanism European stability (MES), which must still be approved by the German Constitutional Court on September 12. 

First defender repurchase program of State debts in the secondary market, which would be the main beneficiary – he fought for it at the last European summit – Mario Monti urged Europe to act to avert "the serious obstacles differences in government bond yields that have no economic significance. " According to a study by the Bank of Italy, published Tuesday, the 10-year rate Italian market are 250 basis points too high relative to estimates based on economic fundamentals.

Italy Mario Monti has undertaken structural reforms unprecedented since the war, including the labor market, and embarked on a series of unprecedented public spending cuts, saw its borrowing rates "contaminated" by the Spanish banking crisis . Borrowing rates in Italy stood at 6.5% these days, but they can exceed 7% in times of stress on the bond markets, while they are 2.2% in France and 1.3% in Germany.

"Privilege" Treasury

President of the Italian Council has a formal request for assistance from Spain to benefit indirectly from a rate cut Spanish without having to be placed under European tutelage. "We must ensure that the Treasury pays exorbitant rates detrimental to the rest of the economy," insisted Mario Monti. François Hollande welcomed the "privilege" enjoyed by that time the French Treasury: borrowing rates near zero short-term, and sometimes negative.

A few days crucial deadlines for the euro area, French and Italian leaders showed their "convergence of views" on the hot topics of the season and some confidence on the resolution of the crisis. "This is the European Council on 18 and 19 October that we need to find solutions for Greece, Spain, and move to the third stage of the banking union and the deepening of economic and monetary union" , they said.

ALSO READ:

"The ECB refines its plan to buy state debts

"Brussels wants to confer upon the ECB bank supervision