Posts tagged as:

France

Code des ventes volontaires et judiciaires

by Véronique Queffélec on avril 26, 2013

code-des-ventes-volontaires-et-judiciaires

Présentation par l’éditeur
Code des ventes volontaires et judiciaires, la grille de lecture juridique, sociologique et historique pour comprendre cette révolution.

Rédigé et commenté par les meilleurs spécialistes, le Code des Ventes Volontaires et judiciaires réunit les analyses et synthèses de la loi du 10 juillet 2000 et des décrets d’application du 19 juillet 2001.

Ce code analyse la genèse, la portée et les conséquences de cette loi relative à la réforme des ventes publiques.

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France’s week update

by Véronique Queffélec on décembre 17, 2012

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EU Leaders reached no agreement on the EMU roadmap, postponing a decision until the June 2013 Summit. But pushed ahead on Banking Union. After welcoming the EcoFin agreement on the SSM, the Summit conclusions say that proposals for a Recovery and Resolution Directive and for a Deposit Guarantee Scheme Directive are to be concluded before March 2013 and then agreed with the co-legislators by June 2013. The EU leaders also stressed the ability of the ESM to recapitalize banks directly and agreed to provide a “definition of legacy assets”. [click to continue...]

French Domestic Politics and the Nation’s Budgetary Challenges

by Véronique Queffélec on octobre 30, 2012

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French politics faces a dual issue. The tight fiscal strategy must:

  • Support rather than hurt economic growth.
  • Meet the 2013 deadline set by the EU Council to correct its excessive deficit.
  • A consensus has emerged. Both economists and politicians from all classes acknowledge to postpone to 2013/2014 the deadline to reduce the budget deficit to 3% of GDP.
  • The necessity to avoid a recessionary and counterproductive dynamic drives the general agreement that fiscal tightening must not be urged when the economic trajectory is already so weak.
Download the attached PDF document to read the full presentation about the French domestic politics and the nation’s budgetary challenges.

France: The austere 2013 budget and beyond

by Véronique Queffélec on septembre 27, 2012

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France: the 2013 budget to be presented on Friday

Friday’s budget will show how the Government intends to hit its budget deficit target of 3% of GDP.The 0.8% 2013 GDP official baseline is likely to be too optimistic and the 3% budget deficit target will probably be missed

A challenging economic backdrop

Unemployment is still rising
Labour market issues will need to be addressed, through structural reforms

Confident politicians attempt to dispel concerns
Confidence is a key ingredient for recovery
European actions are necessary to address the euro area crisis and protect the GDP baseline
The ECB’s OMT programme should help

The Government’s 2013 GDP baseline is likely to be too optimistic

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France Update, July 23rd, 2012

by Véronique Queffélec on juillet 24, 2012

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Key Summary

1/ France reforms update

On the 21st of July, the national assembly finally adopted the Amending Finance Law 2012. Unfortunately, it is mainly based on tax increase (€7.2 billion) rather than spending cuts (€1.5 billion), and is financed at 53% by households. The Senate still have to vote those amendments before the end of July.

Among the most important ones:

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Updates on Europe sovereign debt crisis

by Véronique Queffélec on juin 16, 2012

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June 13th , 2012

Key Summary

Greece

EU Commission denies plans for capital controls for Greece. EU officials may issue statement on Sunday after Greek election result.

Italy

After saying on Monday that Italy might need support, Austrian FM Fekter yesterday stepped back, saying she had no indication Italy planned to apply for aid.

Germany

Today the leaders of coalition parties and opposition meet to hammer out a compromise on the planned joint approval of the fiscal compact and the ESM.

Banking union

German officials make clear that a banking union can only come in exchange for a transfer of sovereignty.

ECB

Latest Financial Stability Review warns about the potential for an aggravation in the debt crisis.

France

Calls for urgent solutions for growth to accompany integration.

Finland

Open to euro bonds for A rated countries. [click to continue...]

Paris Insight: French presidential election: an overview of the first round’s results and challenges

by Véronique Queffélec on avril 23, 2012

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The left block far ahead from the right one

The strategy of the Socialist candidate starts as planned. He won the first round with 28,6% of the votes, less than 2 points ahead of Nicolas Sarkozy (27,2 %). This is the first presidential election that registers such a weak score for the Right (extreme Right excluded), a non-surprise that confirms the “anti-sarkozyst” movement advocated all along the campaign.
The scores of the left candidates total up 43.8% of votes when the right stays behind with a difference of more than 5 points (38.2%), a differential which could prove decisive: to win, the incumbent president must assemble most of the voters of the Centre and the extreme Right, a very complicated gamble…

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