At the Medef (Movement of Enterprises in France) summer forum, employers are worried and the government remains unable to reassure them. The traditional summer forum of Medef, the French Employers Union, was held August 29-31 in Jouey-en-Josas on the campus of the prestigious business school HEC. The theme of this year: integration. Over the course of the three-day forum, Socialist Ministers went one after another in an attempt to reassure the employers and to justify[Read More…]
Post Tagged with: "Economic Policy"
“Request first, those who were previously exempt from the collective effort” and it is to be done with a tax “favoring private income.” These are the words uttered yesterday during his policy speech of the Prime Minister Jean-Marc Ayrault who announced his political line regarding state funding, while the right shouted sarcastically, “taxes, taxes …” Wednesday morning a draft amending budget was presented by the government that confirms what was outlined yesterday. With these corrective[Read More…]
Spain and Italy dominated more than just the soccer field this week. At the European Summit in Brussels, European leaders negotiated the economic fate of the Euro Zone and future plans to tackle issues of rising debt and unstable markets. Mario Monti and Mariano Rajoy, the Italian and Spanish Prime Ministers respectively, exerted more pressure than expected against the German Chancellor, Angela Merkel, to come to an agreement over a debt reduction plan for these[Read More…]