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		<title>Ministerial salaries reduced: UMP denounced a sham</title>
		<link>http://oursaviorsalbany.org/ministerial-salaries-reduced-ump-denounced-a-sham/</link>
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		<pubDate>Thu, 17 May 2012 22:08:06 +0000</pubDate>
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		<description><![CDATA[ 
 &#34;If I am elected, I do not gèlerai, but I stoop down the salary of the president and ministers of 30%.&#34; By November 2011, Francois Hollande had made the campaign promise very symbolic, while Nicolas Sarkozy marked the spirits in increase of 172% net salary (of 7,084 to 19,331 euros) on arrival at the [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> &quot;If I am elected, I do not gèlerai, but I stoop down the salary of the president and ministers of 30%.&quot; By November 2011, Francois Hollande had made the campaign promise very symbolic, while Nicolas Sarkozy marked the spirits in increase of 172% net salary (of 7,084 to 19,331 euros) on arrival at the Elysee. Presented at the first cabinet meeting on Thursday by the new prime minister, Jean-Marc Ayrault, the measure was formally adopted, confirmed by several cabinet members. Accordingly, the president and ministers will have their wages fall by 30%. &quot;This is exemplary,&quot; explained Jean-Marc Ayrault Wednesday on France 2. This measure will be a decree. But this law, which will not be adopted before June and the election of the National Assembly, &quot;will be retroactive,&quot; said the spokesman of the government, Najat Belkacem-Vallaud. It is therefore effective &quot;as of May 15&quot; date of the nomination of Francis Holland as president. </p>
<p> The gross monthly salary of Ministers will therefore decrease of 14,200 euros per month, to 9,940 euros. That of the Prime Minister will also be trimmed from 21,300 euros to 14,910 euros gross. Like, finally, the compensation of the President of the Republic which is equivalent to the Prime Minister. With a plane that has a surprising consequence. Ex-Ministers continue to earn more than their successors for another six months. Indeed, each team member Francois Fillon retain his salary during this period. A privilege granted to all former ministers, who lose their theory, however, other benefits. </p>
<p> In the camp of the UMP, the reactions to this first measure of government have not kept waiting. Jean-Francois Cope, the party&#39;s general secretary, described the pay cut of &quot;deception&quot; on Twitter. </p>
<p>
<p> I denounce the imposture, the clannishness and demagoguery are the appointment of the first steps of @ fhollande ump.org / news / esp
<p>. &#8211; Jean-Francois Cope (@ jf_cope) May 17, 2012 </p>
<p> It explains, in a statement, the government has Ayrault &quot;14 members of more&quot; than the first Fillon government. &quot;We go from 15 ministers, four secretaries of state and a High Commissioner to 34 ministers and deputy ministers, an increase of 65%. Wage cuts of 30% can not hide this fact: the government of Francois Hollande will be far more costly to the taxpayer. &quot;</p>
<p> Largest decline in Europe
<p> If they come later than in other European countries, this decline in compensation of government is by far the strongest. One of the first to take this measure, as he tried to impose on his country a vast austerity plan, was the Irish Prime Minister Brian Cowen. From 2009, he had reduced his salary and that of his ministers by 15%. In the process, in May 2010, Spain followed the movement by announcing a 15% reduction of salaries of its ministers. In the UK, the British prime minister, David Cameron, newly installed in power, his ministers imposed a 5% decrease in their pay. A dry diet made subsequently by Italy and Portugal, among others. </p>
<p> In Europe a constraint to fiscal Germany still appears a prosperous island. While the German economy grew by 2% annual rate in the first quarter, Angela Merkel and her ministers were granted for the first time in twelve years an increase of wages. The Cabinet decided on Wednesday to a 5.7% increase in three stages by August 2013, bringing the salary of Angela Merkel to about 17,016 euros gross per month and those of his ministers to about 13,795 euros. </p>
<p> ALSO READ: </p>
<p> &quot;IN PICTURES &#8211; The salaries of our political leaders </p>
<p> &quot;Francois Hollande promises to&quot; lower the salary of the President &quot;</p>
<p> &quot;The benefits lost by outgoing ministers </p>
<p> &quot;Sarkozy will enjoy the privileges of former presidents </p>
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		<title>Merkel refuses to renegotiate the pact</title>
		<link>http://oursaviorsalbany.org/merkel-refuses-to-renegotiate-the-pact/</link>
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		<pubDate>Mon, 07 May 2012 17:52:07 +0000</pubDate>
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		<description><![CDATA[ 
 Angela Merkel will host the new president of the French Republic &#34;with open arms,&#34; ​​but firmly defend its rigorous design of economic policy in Europe. 
 The Chancellor reiterated on Monday that it intends to oppose the limits to the will of Francois Hollande to enrich the fiscal pact of measures to support growth. [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> Angela Merkel will host the new president of the French Republic &quot;with open arms,&quot; ​​but firmly defend its rigorous design of economic policy in Europe. </p>
<p> The Chancellor reiterated on Monday that it intends to oppose the limits to the will of Francois Hollande to enrich the fiscal pact of measures to support growth. &quot;The Growth Pact is not negotiable. [...] It is not possible to renegotiate everything after each election &quot;, otherwise&quot; Europe no longer works, &quot;said Merkel at a news conference. &quot;Greece could also ask to renegotiate&quot; the austerity plan that it implements in exchange for international aid, for example, she warned. The spokesman for Angela Merkel, Steffen Seibert, also reiterated on Monday that 25 out of 27 countries had adopted the pact in the snatch a few months ago, and it was therefore &quot;impossible&quot; to renegotiate. Greece, Portugal and Slovenia have already ratified. </p>
<p> Angela Merkel, provided, opened the door to the adoption of a new Growth Pact for the euro area, which would add to fiscal pact. But it has clearly defined the limits between what is acceptable and what is not. &quot;Germany is not a growth deficit, but growth through structural reforms&quot;, said Steffen Seibert on Monday. In line with about Mario Draghi, the chairman of the European Central Bank (ECB), German Chancellor intends to primarily boost growth in Europe through increased competitiveness, notably by reforming the labor market.  </p>
<p> &quot;Working well and intensively&quot;
<p> For his part, Francois Hollande called for a resumption of growth through capital investment in infrastructure, new energy and industry <a href="http://pay-day-loan-s.com">bad credit pay day loans</a><!-- . -->. The Socialist would draw upon the European Investment Bank (EIB), he wants to strengthen, and remount the EU tax on financial transactions. The contrast with Chancellor Angela Merkel would be so much more frontal Francois Hollande wanted to introduce shared Eurobonds, or reform the statutes of the ECB. The two countries should compare their respective growth strategies in the coming weeks. Chancellor, who invited the new president on Sunday in Berlin, said she was ready to &quot;work hard and intensively&quot; with him. According to Pierre Moscovici, former campaign manager Francois Hollande, one visit may be scheduled &quot;shortly after May 15.&quot; </p>
<p> The subject should also be an informal meeting announced by the President of the European Union, Herman van Rompuy, to the end. This meeting will aim to prepare the EU summit on June 28 and 29 devoted to growth and employment. Paragon of austerity in Europe, Germany is on this point more and more isolated. Several countries have called in recent weeks to further stimulate growth in Europe, without their strategies converge systematically. In addition to Greece, whose austerity policy has been sanctioned by the urns, Italy, Belgium and Ireland, in particular, were pleased on Monday to see growth back at the heart of the European agenda.  </p>
<p> ALSO READ: </p>
<p> &quot;The Europeans welcomed President growth </p>
<p> &quot;Germany adjusts his tandem with France </p>
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		<title>Wall Street sign up a new session</title>
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		<pubDate>Fri, 27 Apr 2012 09:56:04 +0000</pubDate>
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		<description><![CDATA[Presidential in major cities Paris &#124; Leeds &#124; Lyons &#124; Toulouse &#124; Leeds &#124; Sheffield &#124; Liverpool &#124; Bordeaux &#124; Lille 
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			<content:encoded><![CDATA[<p>Presidential in major cities Paris | Leeds | Lyons | Toulouse | Leeds | Sheffield | Liverpool | Bordeaux | Lille </p>
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		<title>The sports market covets commercial</title>
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		<pubDate>Sun, 15 Apr 2012 13:00:14 +0000</pubDate>
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		<description><![CDATA[ 
 The sports market takes shape. According to a PwC study, the activity related to events and sports clubs is 3.5 billion euros in France and the sector is estimated to grow 3.7% per year by 2015 (*). 
 Manufacturers, distributors, sports structures show increasing needs, including commercial. BTS MUC (management of business units) and [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> The sports market takes shape. According to a PwC study, the activity related to events and sports clubs is 3.5 billion euros in France and the sector is estimated to grow 3.7% per year by 2015 (*). </p>
<p> Manufacturers, distributors, sports structures show increasing needs, including commercial. BTS MUC (management of business units) and DUT have flourished in this area and the area is muscle. The CESNI ESC Chambery launched its bachelor three years ago. </p>
<p> New programs
<p> The NCPC will open his next term. In thirty years, this specialist trade training sport has developed some forty chains to bac + 2. &quot;Our management bachelor of commerce sports meets an urgent demand from business managers in skilled, high scalability,&quot; says Gerard Pouet, general manager of CNPC. </p>
<p> To match the market requirements, schools can not do enough. At the School of Business Sports Management Amos, the third year of the bachelor is necessarily alternating and MBS (Master of business in sport) a six-month business. Sports Management School (SMS) has its first class bachelor&#39;s and MBA this year. &quot;Our goal is to train our students in areas ranging from major retail clubs. The third and fifth years will pass half in business, &quot;says Michael Tapiro, executive director of the school (EDC group). Best of all, every young person has a sponsor &#8211; elite athletes, club manager, a business manager in the sport &#8230; &#8211; which opens on the sector. </p>
<p> Distributors and manufacturers think global and act local. Last year, about 62 Decathlon stores open, 51 have been in Europe and beyond (China, Russia, India &#8230;). The courses are so heavily loaded with language, include seminars abroad, promote exchanges. The MSc in Sports and Outdoor Industry Management starting in September at EM Lyon will take place on its campuses in Shanghai and Europe. </p>
<p> The market will he integrate all the newcomers? &quot;Supermarkets and manufacturers are fond of our bachelors and alternating with more than 75% are within six months of the school year,&quot; says Patrick Touati, director and founder of Amos. The bachelor&#39;s CNPC starts in Pau with 30 students. </p>
<p> The higher the educational level increases, the opportunities are reduced. The Idrac will open in September 5th year of a major &quot;sports entertainment spectacle&quot; and remains modest. Of the 25 students met in most, from 10 to 15 actually find an outlet in the world of sports, &quot;other work in other areas but they will capitalize on the sporting image and the diploma,&quot; says the director of international program high school, Maxence Fontanel. </p>
<p> (*) Study on the PwC global market opportunities in sport, in December 2011. </p>
<p> ALSO READ: </p>
<p> &quot;Bachelor: an effective passport for employment </p>
<p> SERVICE: </p>
<p> &quot;Find your training Kelformation </p>
<p> &quot;Job offers in France and abroad with Cadremploi </p>
<p> FOLLOW THE INSTRUCTIONS ON FIGARO: </p>
<p> &quot;Twitter: @ LeFigaro_Emploi </p>
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		<title>Jack Daniel&#039;s looking for acquisitions</title>
		<link>http://oursaviorsalbany.org/jack-daniels-looking-for-acquisitions/</link>
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		<pubDate>Tue, 27 Mar 2012 07:44:23 +0000</pubDate>
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		<description><![CDATA[ 
 The owner of Jack Daniel&#39;s is in better shape than ever. Not only are sales of Tennessee whiskey, the fifth alcohol brand in the world after Smirnoff, Johnnie Walker, Bacardi and Absolut, are distributed in the U.S., but exports and accelerate the sales of other brands of Brown-Forman, whose Finlandia premium vodka and tequila [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> The owner of Jack Daniel&#39;s is in better shape than ever. Not only are sales of Tennessee whiskey, the fifth alcohol brand in the world after Smirnoff, Johnnie Walker, Bacardi and Absolut, are distributed in the U.S., but exports and accelerate the sales of other brands of Brown-Forman, whose Finlandia premium vodka and tequila El Jimador, is still growing as fast. </p>
<p> In total, the U.S. group Brown-Forman is getting ready to buckle on April 30 its 2011-2012 fiscal year with sales up 4% on a comparable basis compared to last year, when they reached 3.4 billion dollars. Operating profit is expected to jump by 8% (855 million last year). &quot;In this sector, where the top ten players realize only 25% of the world, the race for size is not necessarily the best strategy, says Le Figaro Paul Varga, his boss. With margins generated by the sale of spirits, medium-sized groups can succeed. &quot;Listed on Wall Street, the group founded in 1870, whose heirs hold 175 two-thirds of the voting rights, is somehow anti -Pernod Ricard. The French, whose objective is to steal the place of Diageo spirits market, multiplies decade mega-acquisitions: Seagram, Allied Domecq, Absolut. He expects to have reduced its debt to pursue the quest for external growth. </p>
<p> A group without debts
<p> The U.S., he does not caress such dreams of grandeur, seeming satisfied with his seventh place in the world rankings, just ahead of the Italian Campari. Its leaders and family shareholders are vigilant, however. They not only take care not to fall prey, but they remain on the lookout for acquisition opportunities all medium. </p>
<p> This is the group&#39;s strategy since Prohibition. From 1920 to 1933, Brown-Forman was one of four U.S. companies authorized to produce alcohol for medical use. He took the opportunity to redeem distilleries &#8230; Virtually no debt, it now has a debt capacity estimated at 4 billion. &quot;We will add more vodka brands to expand our portfolio, especially in entry and mid-range,&quot; said Paul Varga. The skipper, who wishes to expand in Central and Eastern Europe in this segment precludes a &quot;no comment&quot; to questions about his possible interest in Sobieski vodka for sale by the Franco-Polish Belvedere ( Marie Brizard, William Peel  <a href="http://payday-loans-e.com">cash advance loan</a><!-- . -->&#8230;). </p>
<p> France, emerging country
<p> Brown-Forman, confident in the potential of the worldwide whiskey category, is also interested in acquisitions of brands of scotch whiskey and irish, based on barley, while Kentucky bourbons and Tennessee whiskeys are composed of 51% corn. </p>
<p> He finally target acquisitions enabling it to accelerate the internationalization of its flagship brand Jack Daniel&#39;s. Redemptions of Finlandia (2000) and El Jimador (2007) enabled him to acquire distributors in Central and South America. The group now has distribution subsidiaries in ten countries. What less dependent on its partnerships with competitors where it does not have the critical size. In most cases, as in France, he confided to the marketing of its Bacardi bottles. Then he realized in 2001 over three quarters of its sales in the U.S., this market last year represented only 45% of its turnover. </p>
<p> Outside the U.S., Brown-Forman does not fight on the same land as Diageo and Pernod Ricard. &quot;Our emerging markets are different from those of our European competitors, says Mark McCallum, commercial director of the group. We continue to build on the country they regard as mature, with the aim to gain market share in France, Germany, Russia and Ukraine. &quot;However, China and Brazil, the group sets objectives in the medium and long term. &quot;To impose on the Chinese market today is expensive. And the risk of counterfeiting is high. As Diageo and Pernod Ricard are not fighting, we prefer to go elsewhere, &quot;said Paul Varga, who nevertheless seeks to buy a brand of Baiju, the more alcohol sold in the country
<p>.
<p> ALSO READ: </p>
<p> &quot;Global consumption of wine leaves after 4 years of follow </p>
<p> &quot;Lookout for bankruptcy </p>
<p> &quot;Pernod Ricard: rising prices in China </p>
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		<title>SMEs, weak link of French exports</title>
		<link>http://oursaviorsalbany.org/smes-weak-link-of-french-exports/</link>
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		<pubDate>Wed, 29 Feb 2012 14:32:32 +0000</pubDate>
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		<description><![CDATA[ 
 Although occupies an important place in the French economy, SMEs &#8211; firms employing fewer than 250 employees &#8211; are content to play second fiddle to export. They represent less than 18% of sales generated abroad by France, while firms with more than 1,000 employees generate 39% of its amount. And the number of exporting [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> Although occupies an important place in the French economy, SMEs &#8211; firms employing fewer than 250 employees &#8211; are content to play second fiddle to export. They represent less than 18% of sales generated abroad by France, while firms with more than 1,000 employees generate 39% of its amount. And the number of exporting SMEs has been declining in recent years. It took until 2010 for companies embarking on exports (28,900) are more numerous for the first time in eight years than abandoning international markets (26,000). This weakness is particularly disturbing that the French trade deficit worsened to reach a record 69.6 billion euros in 2011. </p>
<p> A series of measures to encourage partnerships
<p> &quot;Entrepreneurial culture does not lead French SMEs to turn spontaneously to export, unlike Germany and Italy where entrepreneurs naturally think to foreign markets to grow their business,&quot; says Jean-François Roubaud, president of the CGPME, in a draft opinion &quot;Winning the battle of SMEs with export&quot; submitted today to the vote of the members of the Economic, social and environmental. </p>
<p> To give new impetus to French exports, Jean-Francois Roubaud offers a series of measures ranging from improved business support for encouraging partnerships between large companies and SMEs. It recommends that regions create a &quot;single window for export involving all stakeholders who can help companies&quot; or &quot;Export House&quot; by drawing on the example of Lille. SMEs also need to have information &quot;relevant and immediately usable&quot; to enable them to quickly understand what are the growth markets and declining and who are their competitors. Inspired by the Swedish, France could adopt a &quot;true diagnostic tool&quot; to identify firms capable of exporting. </p>
<p> Billing policy
<p> Despite efforts in recent years, the president of the CGPME observed that coordination between the public can be improved. He believes that the financial institution Oséo public must become &quot;the main contact for funding&quot; by resuming activity insurance prospecting Coface. This insurance allows SMEs to finance their business development and to be compensated in case of failure. Ubifrance under the Ministry of Economy should clarify its public service mission and its activities in competition with chambers of commerce. This would save public money. Its billing policy is also to be revised. Latest proposal: to encourage the economic patriotism of large groups, governments are encouraged to vary the amount of aid awarded to international contracts won by the largest corporations based on the part of activities carried out by SMEs. </p>
<p>
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		<title>Germany: senior citizens, a key factor for growth</title>
		<link>http://oursaviorsalbany.org/germany-senior-citizens-a-key-factor-for-growth/</link>
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		<pubDate>Fri, 17 Feb 2012 06:20:11 +0000</pubDate>
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		<description><![CDATA[ 
 Faced with an aging population, Germany is mobilizing its seniors. The shortage of labor grows more and more companies to recruit employees in the age group of 50-65 years. According to recent statistics, 7.7 million of them are in jobs covered by social benefits. Seniors are 452,000 more to work than a year ago, [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> Faced with an aging population, Germany is mobilizing its seniors. The shortage of labor grows more and more companies to recruit employees in the age group of 50-65 years. According to recent statistics, 7.7 million of them are in jobs covered by social benefits. Seniors are 452,000 more to work than a year ago, while the number of retired decreases proportionally, according to the Federal Employment Agency. </p>
<p> Germany, most countries aging of Europe, has over 20 million pensioners. Newspapers and specialized sites have a section dedicated to seniors. It offers more courses &quot;convert after 50 years&quot; or &quot;mini-jobs&quot;: babysitting, babysitting, secretarial services, pet sitting
<p>.
<p> Applications for employment offered to retirees target various sectors. Thus, the industrial bakery K + U offers training in two years, to turn in senior commercial. This original idea has emerged out of necessity. &quot;This is our response to the shortage of labor, says Corinna-Krefft Ebner, head of vocational training in K + U. We have more and more difficult to hire over. We would have 150 apprentices per year. We find 100 painfully. &quot;</p>
<p> OECD calls on countries to respond
<p> The problem is particularly acute in small family businesses that do not have, in addition, the attractiveness of German industrial groups to attract the most motivated graduates. In its report on Germany, published Tuesday, the OECD calls the country to respond &quot;to strengthen growth potential, particularly given the rapidly aging population.&quot; The OECD estimates that this has already cost 0.2 percentage point growth in Germany in 2011 and that the figure will rise to 0.9 points in 2025. </p>
<p> Large family SMEs have taken the lead. Two-thirds of them, the 55-65 years represent more than 5% of payroll. For 15% of these companies, this age represents 20% of the workforce. &quot;But it would have to work longer worth the time. Pension contributions should be totally eliminated for those over the age limit for retirement, &quot;says Lutz Goebel, president of the federation of family businesses. Under a law passed in 2007, the retirement age will rise gradually to 67 years by 2031. Currently, the vast majority of assets not working up to 65 years required: this is 63 ½ years on average than the Germans drop out. It is possible to retire from age 63, after having contributed for 35 years at a discount price. </p>
<p> ALSO READ: </p>
<p> &quot;Germany revises growth down </p>
<p> &quot;France and Germany: the face-to-face figures </p>
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		<title>Air France pilots want to save face</title>
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		<pubDate>Fri, 10 Feb 2012 19:24:27 +0000</pubDate>
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		<description><![CDATA[ 
 After four days of an unpopular strike, the Air France pilots looking to get out of the conflict from the top. The crew of the company reiterated Thursday its opposition to the bill regulating the right to strike in the airline industry and imposing a guaranteed service. 
 A delegation of trade unions must [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> After four days of an unpopular strike, the Air France pilots looking to get out of the conflict from the top. The crew of the company reiterated Thursday its opposition to the bill regulating the right to strike in the airline industry and imposing a guaranteed service. </p>
<p> A delegation of trade unions must be received at 11 am Friday morning by the Minister for Transport Thierry Mariani. This meeting should not lead to much. &quot;We&#39;re not there to find common ground with the unions, but to organize a guaranteed service,&quot; warned Thierry Mariani Thursday. </p>
<p> Within hours of the meeting, the minister&#39;s entourage confirmed Friday morning hostility to any negotiation. &quot;The meeting should quickly cut short, says one close to the minister. We have nothing to say and nothing to negotiate. &quot; </p>
<p> So, it could be internally that could come after the conflict. &quot;Stability of schedules&quot; which are very attached to the pilots could indeed be negotiated as part of a stipulated agreement with the management of Air France. According to the strikers, the obligation to declare 48 hours before the strike is inadmissible because it will allow the company to organize and make the social movement painless for customers. </p>
<p> A management commitment to the company on a stable schedule will prevent to use of non-strikers rest to ensure flights during strikes and then work to the strikers on their days off when they returned to work. Such an agreement would render the bill of its substance and its effectiveness but allow everyone &#8211; and most unions &#8211; to save face. </p>
<p> &quot;Blocking the company with 20% of strikers&quot;
<p> &quot;The framing of the strike was finally accepted in 2007 by SNCF workers where work organization is different from ours, said a member of the National Union of Airline Pilots (SNPL). In our business of flying, there are only 15% of staff who works every day to 48 hours before declaring strike is killing the strike. &quot; </p>
<p> An argument that does not convince in the ranks of the majority: &quot;When there will be 80% of strikers, there will be 80% of flights canceled, said a relative of the Minister of Transport. The real reason for this hostility to the bill is to continue to weigh and to block the company with 20% of strikers. &quot; </p>
<p> ALSO READ: </p>
<p> &quot;Travel agents are tired of strikes at Air France </p>
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		<pubDate>Thu, 24 Nov 2011 16:16:09 +0000</pubDate>
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		<description><![CDATA[ The ongoing negotiations to prevent an outright collapse of the euro area will lead, if successful, the definition of a new European balance. It will then explain to the French. What lies there, in fact, behind the formulas often repeated by Nicolas Sarkozy of &#34;convergence Franco-German&#34; or &#34;greater European integration&#34;? First of all a [...]]]></description>
			<content:encoded><![CDATA[<p> The ongoing negotiations to prevent an outright collapse of the euro area will lead, if successful, the definition of a new European balance. It will then explain to the French. What lies there, in fact, behind the formulas often repeated by Nicolas Sarkozy of &quot;convergence Franco-German&quot; or &quot;greater European integration&quot;? First of all a European circles, the first being composed of 17 members of the euro area. Second, a more integrated Europe, where intergovernmental bargaining outweighs the Community method, the latter being relegated to the role of implementation and technical body. </p>
<p> Before the French, Nicolas Sarkozy will decide maybe not the word federalism, because it means a loss of sovereignty that they do not approve.Polls show they are committed to the euro &#8211; are 77% want to keep the single currency, according to the latest BVA poll for BFM / Challenges / Avanquest. But other surveys indicate that about two out of three French are not ready to &quot;more integration&quot;. The ridge is close to the head of state for several months defending the prospect of a further step towards more integration. </p>
<p> &quot;Bargaining&quot;
<p> It should engage in this exercise in front of the French education before or after the European Council of December 8 and 9, as a great speech that will trace the contours of France in the Europe of tomorrow. &quot;Europe must rhyme with protection, not with globalization in the eyes of the French,&quot; says William Peltier, a member of the UMP, and patron of the Letter of opinion.</p>
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		<pubDate>Sat, 19 Nov 2011 20:24:27 +0000</pubDate>
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		<description><![CDATA[ Large deviation from the European Central Bank. Mario Draghi, warned on Friday that a central bank &#34;may quickly lose credibility&#34; and that &#34;it would have a huge economic and social costs.&#34; It refers to market demand and France, reject, would be for the ECB buys massive state debt to halt the rise in interest [...]]]></description>
			<content:encoded><![CDATA[<p> Large deviation from the European Central Bank. Mario Draghi, warned on Friday that a central bank &quot;may quickly lose credibility&quot; and that &quot;it would have a huge economic and social costs.&quot; It refers to market demand and France, reject, would be for the ECB buys massive state debt to halt the rise in interest rates in the euro zone and end to the crisis. A policy that the institution refuses to take on behalf of his economic principles. </p>
<p> &quot;Our credibility implies the success of our monetary policy to anchor inflation expectations in the medium and long term (&#8230;) to sustain growth, job creation and financial stability. And we make this contribution in full independence, &quot;insisted Mario Draghi.You must not wait any longer. &quot; </p>
</p>
<p> Mario Draghi anticipates a decline in inflation
<p> In his statements on Friday, the President of the ECB also said it expects a weakening &quot;in most advanced economies.&quot; Specifically, &quot;in the euro area, downside risks to the outlook have increased, and activity weakened moderate the pressure on prices,&quot; he added. One way, perhaps, pave the way for a new lower interest rate in December. In early November, the ECB has declined by 25 basis points (or 0.25%) to 1.25%. </p>
<p> ALSO READ: </p>
<p> &quot;The real interest rate paid by States </p>
<p> &quot;The emerging markets the two-speed Europe </p>
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