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A first step. Friday evening, the Cypriot Parliament adopted the first steps of Plan B, which must avoid the collapse of the economy of the island. If the tax on bank deposits, point of contention between Brussels and Nicosia, has not yet been adopted, the Parliament voted to restructure the banking system.

The two major banks and will turn into "bad banks", deposits and house the more than one hundred thousand euros and loans at risk. "Good bank" will be created in parallel, in the ocurrence National Bank of Cyprus, or be based deposits of less than one hundred thousand euros and non-risky loans. The second measure adopted for the freezing of funds. Requested by Brussels, it aims to prevent a massive flight of capital to the banks reopened Tuesday. The debates in Parliament are currently suspended until further notice.

Saturday afternoon, Nikos Anastasiades, the Cypriot president and the leaders of political parties in the country will travel to Brussels to negotiate with European partners. A council of the Eurogroup Meeting will be held late Sunday afternoon, in the presence of Christine Lagarde, IMF Managing Director. On the table, the thorny issue of the tax credit, unanimously rejected by MEPs on Tuesday. This time, it would be to cut 15% to 25% deposit of more than 100,000 euros. The political class remains divided on the subject, but will answer to the dilemma of saving or capital of the country by Monday.  

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One of the smartest ways in which you can search for low priced insurance covers for your vehicle is through online aggregator sites or independent sites for car insurance. In other words, the Internet is the best avenue for cheap price car insurance quotes.

 

VSEs and SMEs can now request a cash advance on tax credit for competitiveness and employment (CICE), announced on Tuesday the Minister of Economy, Pierre Moscovici, and Minister for the Budget Jerome Cahuzac . The smallest firms, so the most fragile in the current context, will benefit now that key measure of competitiveness pact, which aims to alleviate the burdens on businesses. They will not have to wait until 2014 to receive a check from the government. The amount that the company can receive will depend on its payroll in 2012. "Small businesses may request pre-financing directly from OSEO, future pole Bank financing public investment (BPI), by ceding the CICE debt they have on the state," says Bercy.

Moreover, OSEO is "immediately establish a guarantee fund" which will allow commercial banks also offer pre-financing of SMEs CICE, "BPI covering up to 50% of the risk involved in these operations," says Ministry of Finance. Commercial banks can offer pre-financing companies "to the beginning of the second quarter."

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The Belgian press had already revealed last September that Bernard Arnault was created in late 2008 a foundation in Belgium, called Protectinvest in order to prepare his succession. We now know more about the installation developed by Emperor luxury.

December 7, 2011, the billionaire has transferred 31% of the share capital of Groupe Arnault – the holding company that owns interests of the family, including the one that assures control of LVMH – the Belgian Pilinvest said Thursday liberation. The usufruct of 48.5% owned by Groupe Arnault her five children in bare ownership was also housed in Pilinvest. It is indeed, said the entourage of the CEO of LVMH, to "ensure the continuity and integrity of the group in case of accidental death," and in particular to avoid that one or the other heirs unilaterally decides to sell its shares.

No tool comparable legal in France

In this case, the shares tendered to Pilinvest be transferred to the foundation Protectinvest, which would retain until 2023, by which time the last of five children of Bernard Arnault, born to two weddings will take 25 years. It is only at this point that all the descendants of Bernard Arnault may freely dispose of their shares. The "regency" says Liberation is meanwhile assured by a "committee of wise men" of three persons, chaired by former Minister of Economy and current CEO of Atos Origin, Thierry Breton.  

Belgian foundations can also make donations to his children, taxed at only 3%. But to benefit, should that Bernard Arnault and his heirs are Belgian tax residents. Or, "I am and remain fiscally domiciled in France," he declared in September. His entourage ensures that this device has no reason tax that the estate will be settled in France and there pay his inheritance. The only reason for this arrangement is that there is no tool in France comparable legal foundations Belgian says spokesman Bernard Arnault.

This information, however, may revive the controversy around the first fortune in France, including the request of the Franco-Belgian dual nationality is also still under investigation.

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The continuing decline of the yen begins to stir. The Japanese currency, which hovered around 90 yen to the dollar fell to 90.21 yen Friday, its lowest level in two and a half years. Since the arrival of Shinzo Abe as prime minister last month, the yen has lost 4.5% of its value against the greenback. The decline is equally spectacular against the euro.

Carried away by his enthusiasm, Arnaud Montebourg, the ebullient Minister of Recovery productive disrupted mechanically well-oiled communications Renault (which the State holds 15%). The minister, who spoke by phone Thursday with Carlos Ghosn, CEO of …

 

This is an ad that will attract a multitude of applications. The Duke and Duchess of Cambridge are looking for a nanny for their future royal residence. Kate Middleton, who will give birth in July, and Prince William are looking for an employee to household chores in their appartemment Kensington Palace. The British newspaper Sunday Express revealed that Buckingham Palace has released this job for the couple.

The offer stipulates that the steward should "ensure that all parts are clean" and will "clean uniforms of other employees" working for Kate and William. "The attention to detail, with a proactive and flexible approach is essential" criteria are necessary, said the announcement. Steward the future work 37 hours per week, but must be available for overtime. The couple are expecting candidates to be "able to demonstrate strong organizational skills, excellent communication skills both verbal and written and the ability to work on themselves, and as part of a multidisciplinary team." Very committed to respect for his private life, the couple requires that the person hired to show "discretion, loyalty and reliability" to the family.

This announcement comes after the recruitment of a French army corporal to support Prince William daily. This leads to the ceremonies in which the prince attends, takes care of the logistics of residence and William wardrobe.

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26 hours of debate over two days, were necessary for the social partners to put a stop to the negotiations on securing employment began on October 4. And stop on a draft agreement which should be validated by three unions in five. Both sides drew at the end of the last session tonight. On the one hand, FO and CGT voiced their opposition to the final text. "This is a dark day for employees, it will institutionalize the precariousness of work," commented Stéphane Lardy unsurprisingly, FO. "We are very far from the initial government target to reduce job insecurity", agreed Agnès Le Bot, the negotiator of the CGT.

The other, CFDT, CFTC and CFE-CGC are instead welcomed the compromise. "The text is not exceptional but it is acceptable," Joseph found Thouvenel, Vice-President of the Central Christian. "The discussions were very difficult but we got the four points we missed was set on returning to the negotiations," confirmed Patrick Pierron, the negotiator of the CFDT, which will have almost held the pen with the MEDEF in drafting the final agreement now subject to the approval or rejection of each organization.

Several advances are noteworthy in terms of securing rights and new employees. Starting with a taxation expected CSD, via an increase from 4.5 to 7% of the employer's unemployment insurance for different types of contracts and their duration. The CFDT has also pulled a generalization of the complementary health care for 3.5 million workers currently not covered by a collective agreement. Finally, the reformist union got better supervision of part-time and creating rechargeable rights for the unemployed who accept the end of their benefit period, to take a job. Employees will also be closely involved in the strategy of large companies with a vote given to unions in bodies of groups of more than 5000 employees in France, as recommended by the Welsh report.

"This is a good agreement"

The employers' side is also of course welcomed the text to which the social partners reached. "This is a great deal," acknowledged relieved Patrick Bernasconi, the leader of the MEDEF, which puts forward the foremost elements of flexibility that has torn the unions. The famous agreements job retention, new name for competitive employment agreements dear to Nicolas Sarkozy, secure and will now allow companies to more easily adjust working hours and wages in the event of economic downturn.

Social plans will also be more secure with negotiating formal arrangements in their committee or administrative certification automatically if no response within three weeks. Also a form of cap damages in employment tribunal conciliation phase, employers have finally achieved a reduction to 24 months, against 5 years now, the limitation period where an employee has to attack, unfair dismissal, his former employer.

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The killing of Newtown has plunged America into mourning. And aroused the anxiety of American parents, already traumatized by several tragedies in schools. Perhaps more quickly than elsewhere in the United States, any event, as tragic as it is a bearer of good business: from the terrible shooting, sales of backpacks bulletproof are booming.

Tact with incomplete, a dozen companies unsheathe anxyogènes slogans, which usually operate in the United States: "The question is: your life or that of your child worth it $ 229?" Says the head of company Black Dragon Tactical, which sells anti-armor killing to integrate into the bags. It's just "a security in case your child is in the wrong place at the wrong time," he says. Same tactic for Amendment II, a company that sells turnkey backpacks bulletproof to "protect defenseless children of a crazed gunman."

Disney Princesses and Avengers

Those of this company based in Salt Lake City are well suited to appeal to youth: Disney princesses for girls, superheroes The Avengers for boys and a model SwissGear to preserve the style of adolescents easy payday loans. As for the bullet-proof plate in carbon nanotubes, it is inserted discreetly, and weighs just 500 grams. However, it is capable, in its basic version, stop 45 caliber and 9 mm. For .44 Magnum, it will opt for an overlay, charged about $ 100 plus $ 300 (average) to pay for the bag. Plus delivery.

Amendment II ensures that from Newtown, its sales are three times higher. Remains to be seen whether Americans freshly shocked by the killing, will consider it necessary to protect their children in the long term. If Barack Obama said his administration would submit "in the coming weeks" in Congress reform proposals on the wearing of arms, Americans still fear. And rob stores of weapons, including semi-automatic weapons of war, as they are not yet prohibited. The powerful gun lobby in the United States rubs hands.

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"Give a little more often." In 2004, during a business trip to Mexico that Pierre-Emmanuel Grange, co-founder Olivier Microdon with Pluck was clicked. There, he discovers a pervasive generosity citizen – including supermarkets – and performs almost the same time the lack of generosity in France. In 2009, two employees Microdon launched with the support of ADP, which manages payroll systems 9200 companies in France, 2.5 million ballots.

The principle is simple and based on the "Payroll Giving" Anglo-Saxon, born there thirty years in England: the gift payday provides the opportunity for employees to support the actions of associations of their choice by making micro-donations on their net salary to pay. "It's amazing that this concept is so developed in England and France so little … There each year is approximately 900,000 employees English who donate 100 million pounds, "says Olivier Cueille.

A principle which requires "courage"

Employees and employers together choose the causes they want to support, education, environment, disability, employment – from more than 20 associations and NGOs great general interest Microdon partners. "In January 2010, Eutelsat – 450 employees – was our first customer to enter the program. In spring 2010, the company ADP – 2200 employees – has also become a full-fledged customer! "Says Olivier Cueille. The food group is also part Soparind Bongrain customers.

However, the current social context does not encourage companies to donate. "In times of crisis, companies are much more particular about their budget … The only position that companies are both courageous and have a desire for openness, who want to innovate, "says Olivier Cueille. Currently, about 15,000 employees working with Microdon, 15-25% of them are active and really invest in the programs offered.

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On paper, the equation seemed simple enough: Spain has more than 800,000 empty homes, the legacy of the housing bubble that is still described "economic miracle" until the beginning of the crisis. The Spaniards, taken between unemployment affecting 25% of the active population, the restrictions of austerity and locking bank loans, not buying. The Spanish real estate, however, interested foreign investors. Europeans, but also Russians and Chinese, attracted by potential bargains in a country can guarantee the legal security of their investment.

The real estate sector in agony, believes keeping a remedy unexpected and begged the government to roll out the red carpet outside investors. Result: foreigners who buy property at least 160,000 euros, the average price of housing in Spain, will automatically get the right to reside.

The measure, announced in late November by the Secretary of State for Trade, surprised the Spaniards. Some saw it as a commodification of migration policy. A sale to the highest bidder, residence cards. But the initiative is presented as a solution of last resort to rescue the real estate disaster. Because the operations have collapsed since the start of the crisis in 2008, -28.8%, -24.9% and -17.7% in 2009 to 2011. Only the end of the tax incentives for the purchase of a home in 2011, anticipated by agents, explains a slight increase of 6.3% in 2010. And in view of the forecast (the European Commission expects a GDP contraction of 1.4% in 2013 and a slight growth of 0.8% in 2014), real estate agents do not believe that the situation will improve in the medium term.

Madrid, without hiding, aims Russian investors. Nationals of the Federation are those who have received the most Spanish visas last year, and the Spanish sun is one of their favorite destinations for a vacation stay.

But the Spanish government did not expect probably not angry reaction from another country, Morocco. The Ministry of Finance Alawite kingdom issued a statement to warn its citizens: "The acquisition of real estate abroad by persons ordinarily resident in Morocco is subject to prior approval" of the administration, said Rabat . Before inserting the nail: These permissions "are granted only in exceptional circumstances" and engage in a real estate transaction without the sesame "is an offense."

Support structures to Moroccan immigrants have not found enthusiasm for the measure. "The people who come to us do not have 160,000 euros to invest," they say, for example, the Association for Solidarity socio-professional integration of immigrants (Asisi). But the Spanish initiative could attract wealthier families, tired of red tape … and interested in this opportunity to place their savings abroad. A hypothesis that says the Moroccan press, the authorities of the country concerned, while foreign exchange reserves have fallen over the last twelve months, 21.5 billion dirhams (1.93 billion euro) 17 billion ( 1.53 billion euros).

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