Invalidating Minister of Finance past forecasts, interest rate France pays for its 10 years bonds stabilized at the end of this year around 0,8%, a historically low level. That will have significant consequences on public debt cost in 2016, which should fall under 40 billions euros, instead of the 43;5 billions which are mentioned in the 2016 finance bill, still under discussion at the parliament. Senator Serge Dassault report permits us to have are a better understanding of the ways under which this debt is managed, but also provides us with needlessly pessimistic forecasts of the evolution of ...

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Les tragiques évènements intervenus à Paris durant le mois de novembre ont fait passer les questions économiques au second plan en Europe. Pourtant, pendant ce temps-là, se déroule l’une des plus importantes opérations financières de tous les temps, venant juste derrière les folies de la bulle des télécoms d’il y a quinze ans, AOL Time-Warner et Hutchison-Mannesmann entre autres. La transaction dépassera 160 milliards de dollars. Mais ce qui en fait l’originalité, c’est moins sa taille que sa motivation exclusivement fiscale. En fusionnant avec Allergan, installé en Irlande et ...

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INSEE, the French statistical body, publishes, at the end of this week, its first estimation of the 3rd quarter growth rate of the French economy, the word, growth becoming, year after year, more and more unsuitable. The Minister of economic Affairs, Emmanuel Macron, has evocated a more appropriate concept: lethargy, which is closer to reality. Industrial production and foreign trade numbers, as those of household consumption and fiscal receives are already known. Nothing let us hope a return to a normal growth rate, i. e. above 2%, consistent with long term trends and able to reverse unemployment curb.

Figures of ...

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