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AB 2000 studies

Alain Boublil Blog

   

France

Social costs reduction: the real debate

For once, the final statement of Aix Economic Forum – bringing together hundreds of business leaders, economists and journalists from July 3 to July 5 – sparked controversy. Point n°6 recommended to essentially cut taxes on the wages that are lower than 1.6 times the minimum wage while the measures announced by the government with the CICE in 2014 and the “Responsibility Pact” apply to wages up to 3.5 times the SMIC. One could also include in this debate the Research Tax Refund (CIR) that also has a very wide base and whose tax incentive covers salary expenditures that ...

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TEC 10 : 1,22%

L’Agence France Trésor a publié ce matin son indicateur quotidien du taux d’intérêt à dix ans sur la dette française. Il est inchangé à 1,22% par rapport aux taux observés à la fin de la semaine dernière et inférieur de 12 points de base au niveau atteint le 11 juin. Ainsi, au plus fort de la crise européenne consécutive au refus du gouvernement grec de se soumettre aux injonctions, justifiées ou non, de ses créanciers, et d'en appeler à un référendum, la confiance des marchés financiers ...

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The daily figure: 1.34% for the TEC 10

The rate recorded on the financial markets for French 10-year bonds reached 1.34% on june 11th, which is a rapid return to its 2014 average level. Indeed it was still below 0.5 % early May. Why such brutal fluctuations and what are the consequences for the French economy?

Until a few days ago, the word that was on everyone's lips and that triggered the concerns of economists was "deflation". Falling commodity prices under the combined effect of lower Chinese imports and the sharp rise in US oil production, was passed on to consumer prices, which also fell. This ...

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