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	<title>My world. News and Opinions &#187; economic</title>
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		<title>Employers can continue to lay off</title>
		<link>http://ecopolhome.com/employers-can-continue-to-lay-off/</link>
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		<pubDate>Thu, 03 May 2012 19:28:13 +0000</pubDate>
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		<description><![CDATA[ 
 Employers can say a big thank you to the Social Chamber of the Court of Cassation. The judges of the highest court in the French judicial system will in fact reject the judgment of the Court of Appeal of Paris in September 2010 had invalidated the social editor of a banking software, Viveo the [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> Employers can say a big thank you to the Social Chamber of the Court of Cassation. The judges of the highest court in the French judicial system will in fact reject the judgment of the Court of Appeal of Paris in September 2010 had invalidated the social editor of a banking software, Viveo the grounds a lack of economic incentive. &quot;This decision could not be clearer, says Malik Douaoui, partner in employment law at Taj. The lack of economic incentive does not justify the invalidation of the redundancy. Its validity is independent of the reason for dismissal. &quot;Even in terms of Virginia Devos, a partner for his share in August &amp; Debouzy:&quot; We had a sword of Damocles that the magistrates of the Supreme Court have raised strictly applying the current law. Their commentary is clear: it can not have judgment without text. &quot;</p>
<p> Current legislation does not in fact authorizes a judge to cancel, before it was implemented, a social plan for any reason whatsoever. The only people qualified to vote are the industrial tribunal that councilors may have to decide, ex post, the lack of or inadequate backup plans implemented. And with this, the key, generally, heavy damage compensation as a benefit for employees who brought the case to court. &quot;This decision removes the freedom of judges to interfere in the a priori social plans&quot;, and welcomes Nicolas Sauvage, member of the influential lawyers&#39; union in labor law, Avosial, which in February had alerted all the presidential candidates on this sensitive issue during an election law to dismissal <a href="http://pay-day-loans-4all.com">on line pay day loans</a><!-- . -->. </p>
<p> &quot;This decision does not alter the political debate of layoffs but said equity rule the legal issue,&quot; says Devos, however, Virginia. In due. Francois Hollande has indeed committed, in a letter to the union Avosial mid April, if elected to make &quot;an appropriate response&quot; to social plans &quot;of pure convenience announced by successful companies&quot; while acknowledging that they represented only a tiny minority of cases in France. &quot;We are not immune to the legislature shortly text files to allow judges to interfere in the management of enterprises and thus thwart the decision of the Court of Cassation,&quot; Devos fears Virginia. &#39;E wish them courage to write this text especially good for the principle of free enterprise under pain of being censored, as in 2002, by the Constitutional Council, &quot;abounds Nicolas Sauvage. &quot;The whole question is about the place we want to give judges in controlling redundancy plans,&quot; explains Malik Douaoui. There is therefore perhaps not heard the last of this case Viveo
<p>.
<p> ALSO READ: </p>
<p> &quot;Social Plans: HR departments face the judges </p>
<p> &quot;Case Viveo: Francois Hollande&#39;s response </p>
<p> SERVICE: </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>Health: better access to care by region</title>
		<link>http://ecopolhome.com/health-better-access-to-care-by-region/</link>
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		<pubDate>Sat, 28 Apr 2012 05:28:11 +0000</pubDate>
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		<description><![CDATA[A unified regional contact
 There are 26 Regional Health Agencies (ARS), the cutting may not be superimposed on that of the regions. Indeed, the distribution is developed based on specific characteristics and needs of each territory. 
 Each ARS multi-agency previously responsible form of dispersed health policy in the regions and departments: 
 &#8211; DRASS [...]]]></description>
			<content:encoded><![CDATA[<p>A unified regional contact
<p> There are 26 Regional Health Agencies (ARS), the cutting may not be superimposed on that of the regions. Indeed, the distribution is developed based on specific characteristics and needs of each territory. </p>
<p> Each ARS multi-agency previously responsible form of dispersed health policy in the regions and departments: </p>
<p> &#8211; DRASS (Regional Directorate of Health and Social Affairs) </p>
<p> &#8211; DDASS (Departmental Directorate of Health and Social Affairs) </p>
<p> &#8211; The Regional Agency for Hospitalisation, </p>
<p> &#8211; The Regional Union of Health Insurance, which includes the main plans: general system, agricultural system and RSI. </p>
<p> Prevention missions, organization and management
<p> The Regional Health Agency operates both in missions to regional dimension that the most local level. These missions are twofold: </p>
<p> &#8211; Management of public health in the region. This control is based on safety and health monitoring (environmental monitoring, epidemics &#8230;), in coordination with the prefect. </p>
<p> &#8211; The organization of health care provision. The ARS is involved both with local doctors and health facilities (hospitals, clinics) or medical social (retirement homes, homes for the disabled). </p>
<p> Improving healthcare services
<p> The ARS has four main objectives: </p>
<p> &#8211; Reduce territorial inequalities in health, </p>
<p> &#8211; Better access to care, </p>
<p> &#8211; Improve coordination between health professionals and health institutions and medical social, </p>
<p> &#8211; Ensure greater efficiency in health spending. </p>
<p> The ARS are preferred partners of health professionals and local authorities, who endeavor to promote and coordinate actions. </p>
<p> Controlling health expenditures in all their aspects
<p> The mission of ARS is ultimately optimize the allocation and use of health resources. That is to make the most of every dollar of budget committed to a regional health policy. </p>
<p> ARS also did they have programs priority risk management (GDR). For the period 2010-2011, we find among them including transporting patients, chronic renal failure, the hospital prescriptions drugs performed in the city, medical imaging or efficiency of nursing homes (residential homes for the Elderly dependent). The diversity of these measures reflects the breadth and depth of intervention of ARS. </p>
<p> ALSO READ: </p>
<p> &quot;Health insurance: what&#39;s changing in 2012 </p>
<p> &quot;The medical questionnaire </p>
<p> SERVICE:
<p> &quot;For efficiency of your health insurance, ask the experts advice CPLUSSUR.COM </p>
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		<title>Warning against inflation in Germany</title>
		<link>http://ecopolhome.com/warning-against-inflation-in-germany/</link>
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		<pubDate>Mon, 02 Apr 2012 07:32:07 +0000</pubDate>
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		<description><![CDATA[ 
 Full marks for ver.di. The first major wage negotiations this year in Germany was crowned the success of service trade union leader and his mustache, Frank Bsirske. Negotiators side employees were claiming 6.5% increase to two million civil servants and local authorities. The increase will be 6.3%. This historic increase will be gradual (+ [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> Full marks for ver.di. The first major wage negotiations this year in Germany was crowned the success of service trade union leader and his mustache, Frank Bsirske. Negotiators side employees were claiming 6.5% increase to two million civil servants and local authorities. The increase will be 6.3%. This historic increase will be gradual (+ 3.5% of salary plus retroactive to March 1) and spread until August 2013. Four negotiation sessions and forty hours of discussion for the last round resulted in spectacular agreement. The only intransigence Bsirske, who has earned his stripes as a figure of unionism on the occasion, does not explain everything. </p>
<p> The strong protests by the workers during the strikes of March preventive in hospitals, public transport and airports as well as the fear of employers to see the movement repetition employees placed in a strong position. Up to press the government to &quot;pain threshold&quot;, in the words of Interior Minister, Hans-Peter Friedrich (CSU), government negotiator. </p>
<p> Election and purchasing power
<p> The union knew they could rely on the benevolence of power: Ursula von der Leyen, Minister of Labour, close to Angela Merkel, had incurred the wrath of employers claiming earlier this year substantial increases in salary . At stake, the advantage for the government to support domestic demand. Chancellor, his eyes fixed on his re-election next year, wants to position itself as the candidate of purchasing power, in a campaign that will address the general issue of minimum wage <a href="http://businesscardsabc.com">business cards</a><!-- . -->. This agreement sets the tone in a Germany whose optimism is reflected now on pay slips. Even the liberal FDP, punctilious in the use of public funds, welcomed the outcome of negotiations (amounted to 5 billion euros) for civil servants, it is &quot;fair&quot; they also benefit from growth. </p>
<p> In general euphoria, a blast of cold air came down in Copenhagen. The Danish capital where he was attending the meeting of the Eurogroup, Jens Weidmann, the Bundesbank president, fears that &quot;this increase, combined with the expected rise in energy prices, fueling inflation.&quot; He hopes that &quot;this result is not used as a benchmark for other industries.&quot; Since 2012 is described here for years &quot;Megatarif&quot;. The pay slip 4 million German employees will be the challenge of negotiations in the sectors of metallurgy, power industry, chemical and telecoms. The 33,000 ground employees of the airline Lufthansa have already obtained an increase of 3.5% and 130,000 Deutsche Post up 4%. </p>
<p> And like a vicious cycle, inflation eats the magnitude of the claims. Officially increased by an average of 2.3% last year, German workers have received only an increase of 1.1%, after deducting price increases. One more argument in the quiver of the unions. </p>
<p> ALSO READ: </p>
<p> &quot;The Germans are rebelling against the fuel price </p>
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		<title>The salary is the primary concern of the French</title>
		<link>http://ecopolhome.com/the-salary-is-the-primary-concern-of-the-french/</link>
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		<pubDate>Fri, 16 Mar 2012 09:40:07 +0000</pubDate>
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		<description><![CDATA[ 
 This is the season ranking of &#34;best companies&#34;! Wednesday the companies in which to work were rewarded by the Great Place To Work Institute, PepsiCo and Octo Technology plebiscite. Thursday night, the third edition of &#34;Randstad Awards&#34;, organized by the working group and temporary recruitment of the same name, has honored the attractiveness of [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> This is the season ranking of &quot;best companies&quot;! Wednesday the companies in which to work were rewarded by the Great Place To Work Institute, PepsiCo and Octo Technology plebiscite. Thursday night, the third edition of &quot;Randstad Awards&quot;, organized by the working group and temporary recruitment of the same name, has honored the attractiveness of employers to the general public. </p>
<p> The surprise of the Top 20 &quot;images employer&quot; is not so much the identity of the winner, Eurocopter (EADS subsidiary), already No. 1 last year, the criteria that determined the choice of 12,000 respondents and 224 companies that tie in the race. </p>
<p> Compensation in effect makes a comeback in the criteria put forward by the French. She even takes the top spot with 71% response rate, the highest level since the beginning of the study in France, when she held the third position for two. Sign that the issue of purchasing power is becoming more and more in the public and among employees, it is women who put most clearly in the lead compensation criteria of attractiveness. </p>
<p> Aeronautics and media are reversible
<p> The working environment (63%) and job security (54%) are respectively second and third place in respondents&#39; answers, while questions about why companies are investing heavily in time, money and action, seem much more secondary to the general public, be it social responsibility (11%), the diversity policy (10%) or training (16%). As for the interest of jobs or good-life balance working life, are arguments also down this year in the concerns of public opinion <a href="http://instant-payday-loan-service.com">payday loans</a><!-- . -->. </p>
<p> Among the sectors that are most dreaming and the French in which they would one day work, aviation retains its pole position with 46% in favor, before the media (40%) and consumer goods industries (36% ). Probably related to the news she had experienced particularly negative in 2011 with the affairs of the Mediator or PIP prostheses, the pharmaceutical industry is one of four diving places and suffers from an image somewhat degraded. </p>
<p> If the helicopter manufacturer Eurocopter continues to lead the ranking of top 20 &quot;Randstad Awards&quot; behind several changes occur. Airbus assumes the second step of the podium, with a gain of four seats, followed by EDF winning eight seats. They succeed Canal + (ranked 8th in the ranking this year) and Thales (16th, down from thirteen seats). </p>
<p> Some companies make good growth, a sign of their appeal to the French, like the SNCF (7th, up 6 places), STMicroelectronics, which jumped 32 places in 18th position, or Safran ranked for the first time this year (19th). </p>
<p> But others simply disappeared from radar Randstad, like Club Med, Sanofi-or Air France-KLM (the company had received an award in 2009). &quot;Even in times of crisis, you have to seduce, to attract and retain the best, in this continuity,&quot; Analysis Beharel Francis, president of Randstad in France. In other words, do not ease off on the analysis of its attraction: this must be the watchword for companies, even when unemployment soaring and that candidates are not lacking. </p>
<p> ALSO READ: </p>
<p> &quot;Quality of work life: employers rewarded </p>
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		<link>http://ecopolhome.com/389/</link>
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		<pubDate>Fri, 18 Nov 2011 20:48:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[ Bernard Tapie and his son, Laurent, are never where you expect. Two years ago, they had hit the headlines by launching an online shop called simply bernardtapie.com. They promised to very significant reductions (-40 to -50%) on a variety of products (cars, insurance, clothing &#8230;). A concept that has not done much about him [...]]]></description>
			<content:encoded><![CDATA[<p> Bernard Tapie and his son, Laurent, are never where you expect. Two years ago, they had hit the headlines by launching an online shop called simply bernardtapie.com. They promised to very significant reductions (-40 to -50%) on a variety of products (cars, insurance, clothing &#8230;). A concept that has not done much about him since. </p>
<p> Today, the colorful businessman, actor and son return to the front of the stage. Their new project? Redeem the U.S. site online poker, Full Tilt Poker, which was still number two global market last year with 4 million active players, half out of the United States. &quot;It was then after-tax profits of about $ 150 million,&quot; says Bernard Tapie in Figaro. </p>
<p> Attention GBT (Groupe Bernard Tapie) would not be alone in this.It would provide only 5 to 10% of $ 80 million needed to use this company. The other shareholders are primarily interested in American casinotier diversify into online poker. Financially, Tapie have the means to their ambitions. Longer insolvent, the former president of the OM was compensated in 2008 to 220 million euros in the case that pitted for fifteen years at Credit Lyonnais in connection with the sale of Adidas. And now his fortune is estimated at 260 million. </p>
<p> However, the case against Full Tilt Poker is far from complete. &quot;In one month to six weeks, we will decide with our partners if we acquire this site,&quot; suggests Bernard Tapie. This file is exceedingly complicated. The site has been closed since April 15.</p>
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		<link>http://ecopolhome.com/384/</link>
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		<pubDate>Tue, 01 Nov 2011 10:00:59 +0000</pubDate>
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		<description><![CDATA[ Where are the hundreds of millions of dollars entrusted to MF Global by its customers? Ls market authorities are trying to answer this question since the announcement on Monday of bankruptcy of the U.S. broker. According to sources familiar with the matter cited by the New York Times, nearly $ 950 million would have [...]]]></description>
			<content:encoded><![CDATA[<p> Where are the hundreds of millions of dollars entrusted to MF Global by its customers? Ls market authorities are trying to answer this question since the announcement on Monday of bankruptcy of the U.S. broker. According to sources familiar with the matter cited by the New York Times, nearly $ 950 million would have disappeared from the company&#39;s accounts. This amount would be reduced to $ 700 million after the announcement of bankruptcy. &quot;And a certain amount should resurface in the coming days, until the bankruptcy process progresses,&quot; says one close to the talks to the newspaper. </p>
<p> The location of this money is currently undetermined <a href="http://us-fast-cash-now.com">fast cash advance</a><!-- . -->. According to sources close to the investigation, it may be that these funds are still held by banks that handle client funds.The group, which peeled the accounts receivable of MF Global, was alarmed by the disappearance of certain funds. </p>
<p> For now, neither the group nor its leader Jon Corzine, are explicitly implicated by the investigation is still in its débuts.Ils refuse to comment on the matter, the newspaper said New York. </p>
<p> ALSO READ: </p>
<p> &quot;Bankruptcy giant of a commodity broker </p>
<p> &quot;The fall of MF Global shook investors </p>
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		<title>Further increases in cigarette prices to</title>
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		<pubDate>Sun, 25 Sep 2011 06:08:10 +0000</pubDate>
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		<description><![CDATA[ It&#39;s already Christmas in the &#34;civet&#34;! The government has made on Friday, a nice gift for tobacconists. Their pay on each pack of cigarettes will increase from 6.5% to 6.9% of the selling price. This increase will begin in January 2012 and will be spread over five years, the duration of the new &#34;future [...]]]></description>
			<content:encoded><![CDATA[<p> It&#39;s already Christmas in the &quot;civet&quot;! The government has made on Friday, a nice gift for tobacconists. Their pay on each pack of cigarettes will increase from 6.5% to 6.9% of the selling price. This increase will begin in January 2012 and will be spread over five years, the duration of the new &quot;future contract&quot; signed between Valérie Pécresse, Minister of Budget and Pascal Montredon, president of the Confederation of tobacconists. This is in addition to various support measures for tobacco shops located near the border and in rural areas, estimated at 320 million euros. </p>
<p> The increase in compensation benefits, it at all tobacco shops alike. Paradoxical, because &quot;the sale of tobacco as aids have allowed your average income increase by 57% between 2002 and 2010,&quot; as recalled by Valerie Pécresse to tobacconists, who held their annual conference in Paris Friday.&quot;In total, more than 1 billion euros that came with your support and profession, which has also benefited, for many of you, the effects of the reduction in VAT in catering.&quot; </p>
<p> &quot;At least 10 cents more per pack&quot;
<p> In early 2003, a sharp rise in prices had collapsed sales and forced the closure of nearly 5,000 retailers. There remains 28,000. But since 2004, the price increase regular, moderate (6% per year since 2009) did not in fact impact on the number of cigarettes sold in tobacconists, to the dismay of supporters of tobacco control and Department of Health. As a result, sales of tobacco outlets rose year after year at the rate of inflation of cigarettes for their benefit as for that of tobacco, and especially of the state, who pocketed 80% of price of a pack, which brings in each year over 10 billion euros <a href="http://fcrwizard.com">credit score</a><!-- . -->.</p>
<p> While the additional gift to tobacconists would have no direct impact on government accounts. In all likelihood, the increase will be offset in compensation not to lower fees charged by Bercy, which closely monitors its accounts, but rather by a decrease in compensation of the tobacco industry, as was the case in the previous contract for the future. </p>
<p> To the extent that tobacco companies have no intention of making less money, they will offset the decline in their pay on each packet by an increase in their prices. &quot;To erase an annual decline of 0.1% of our earnings should be increased by at least 10 cents the price of a package,&quot; says one manufacturer. &quot;It&#39;s a vicious cycle that will strengthen the cause of the difficulties of cross-border tobacco shops,&quot; adds another. </p>
<p> Tobacco companies can increase their prices at the beginning of each quarter.Their next rate adjustment will occur not necessarily next January, to the extent that prices will rise by 6% already on Monday, October 17 or 10, as decided by the government. The pack of Marlboro will then 5.90 to 6.20 euros. </p>
<p> ALSO READ: </p>
<p> &quot;The tobacconists supported by the state </p>
<p> &quot;Cigarette smuggling: the war is declared </p>
<p> &quot;The government is strengthening its fight against tobacco </p>
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		<title>Retirement at 67: Fillon sow disorder</title>
		<link>http://ecopolhome.com/retirement-at-67-fillon-sow-disorder/</link>
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		<pubDate>Fri, 23 Sep 2011 15:12:30 +0000</pubDate>
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		<description><![CDATA[ After the 2010 reform, pensions should not be a real issue this year in the budget of the social security system. In fact, the main novelty of this result to come Woerth reform: the legal age will increase to 60 years and 8 months for those born in 1952. The other change was as [...]]]></description>
			<content:encoded><![CDATA[<p> After the 2010 reform, pensions should not be a real issue this year in the budget of the social security system. In fact, the main novelty of this result to come Woerth reform: the legal age will increase to 60 years and 8 months for those born in 1952. The other change was as expected since it corresponds to Nicolas Sarkozy&#39;s commitment to increase the &quot;small pensions&quot; by 25% during his five-year term: this will be done on April 1, with a final increase of 4.7 % of the minimum pension for single people. </p>
<p> But Thursday, François Fillon has caused confusion. Referring to the economic convergence between France and Germany, he said that things were moving in the field of corporate tax.He added: &quot;It will take time to go to a joint work towards a common retirement age, to a gradual convergence of economic and social organization of our two countries.&quot; But the retirement age with full pension, except for long careers, will be increased to 67 years across the Rhine by 2029. </p>
<p> &quot;Target needed &#39;
<p> Trial balloon of &quot;Fillon-the-discipline&quot;? Clumsiness (this passage was the only improvised his speech)? Applies to defuse his entourage: &quot;Convergence is a general purpose necessary to maintain the competitiveness of France. The recent pension reform is an element of social convergence, and the government does not intend to go beyond in the coming months, &quot;says an adviser.And up, tongue-in-cheek, that the barrier of 67 years had not been mentioned, and that convergence might as well be on &quot;our&quot; 62 years  <a href="http://sublimebusinesscards.com">cheap business cards</a><!-- . -->&#8230; </p>
<p> In fact, it would be difficult for the Prime Minister to explain that further reform is needed, a year after he hammered the previous balance the books. But in the midst of primary socialist and the day of the budget of the social security, his statement could hardly go unnoticed. For François Hollande, Fillon &quot;revealed the program of Nicolas Sarkozy&quot; in 2012. Segolene Royal accused her of &quot;not being honest&quot;, the systems are so different that any comparison between the 67-year German and French 62 years is risky.Exact to the point that Valerie Pécresse also used the argument to play the controversy, noting that the retirement age without financial penalty for people without all their quarters of contribution, would be increased from 2023 in France &#8230; in 67 years. </p>
<p> These subtleties have also pushed Martine Aubry to say that the Prime Minister does &quot;not know the subject&quot; and &quot;has a problem with the actual figures.&quot; What afoul of Xavier Bertrand: &quot;She would have done better to remain silent. If there is one subject on which the PS has done nothing, other reports and reports of decisions, it&#39;s pensions, &quot;responded the Minister of Labour. </p>
<p> ALSO READ: </p>
<p> &quot;SPECIAL &#8211; The challenges of pension reform </p>
<p> &quot;Pension reform: what will change for you </p>
<p> &quot;Pensions: France lagging in Europe </p>
<p> &quot;Germany: retirement at 67 disputed </p>
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		<title>Television of the future: the debate begins</title>
		<link>http://ecopolhome.com/television-of-the-future-the-debate-begins/</link>
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		<pubDate>Wed, 24 Aug 2011 15:16:15 +0000</pubDate>
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		<description><![CDATA[ What will the television of the future? This is the battle that was played in early August between the Ministry of Industry and the Communications. The Ministry of Eric Besson argued for the adoption of a new standard for DTT broadcasting (the DVBT-2). That of Frédéric Mitterrand preferred delay. Élysée and Matignon has arbitrated [...]]]></description>
			<content:encoded><![CDATA[<p> What will the television of the future? This is the battle that was played in early August between the Ministry of Industry and the Communications. The Ministry of Eric Besson argued for the adoption of a new standard for DTT broadcasting (the DVBT-2). That of Frédéric Mitterrand preferred delay. Élysée and Matignon has arbitrated in favor of Eric Besson. Result, 9 August, the French government notified Brussels that it reserved the right to establish a new standard for DTT broadcasting, as revealed by the Tribune. The government does not specify the date of service, but it will be theoretically possible on 1 December 2011 with the termination of analog TV. The issue is quite simple. With technological advances in transportation and compression of images, it should be possible to make a lot of space on the radio frequencies (up to 70%).</p>
<p> With current technology, there is room for six new HD channels. Three lines are planned for the bonus of Canal +, TF1 and M6, and three others could be attributed to competitors. With the new standard DVBT-2, it will be possible to disseminate, not six but ten. The problem is that it was not until late 2013 or early 2014 for manufacturers LG, Sony, Samsung &#8230; sell TVs with standard DVBT-2. The French who are equipped with new TVs from 2005 to 2011 to receive the TNT are not ready to change to accommodate new channels <a href="http://instant-payday-loan-service.com">payday loan no faxing</a><!-- . -->. </p>
<p> Reasoned opinion on September 20
<p> This equation is complicated by the question of the future media landscape and the allocation of bonus channels. But Michel Boyon, the president of CSA, must make a report on the subject to François Fillon, late August or early September. Michel Boyon has several solutions.</p>
<p> The first is to allow the launch of three bonus channels (Canal 20, Paris Première and LCI) in the current standard from 1 December 2012. The second is to allow the launch of these channels but with the new standard. Consequently, many channels exist but would be seen by any viewer, because there will be no television adapted. The third is to freeze the PAF with 19 free channels until 2014, when the arrival of new TVs and a full stop advertising on France Televisions. This would suit TF1 and M6, which argued for a break. But Canal Plus, who wants to launch its free channel Canal 20 in late 2011, could attack the decision to the State Council. It is Brussels that could mediate the dilemma. On 20 September the Commission will issue a reasoned opinion, or it&#39;s likely that it opposes these bonus channels. </p>
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		<title>&quot;The stock market overreact&quot;</title>
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		<pubDate>Fri, 05 Aug 2011 03:44:05 +0000</pubDate>
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		<description><![CDATA[ New black day in European markets on Thursday &#8230; After a positive start of the session, the Paris Bourse trend changed abruptly in mid-day, gradually widening its losses throughout the afternoon. At the opening of Wall Street, the Paris index widened its losses, before diving even more sharply after 16 hours: the long-awaited intervention [...]]]></description>
			<content:encoded><![CDATA[<p> New black day in European markets on Thursday &#8230; After a positive start of the session, the Paris Bourse trend changed abruptly in mid-day, gradually widening its losses throughout the afternoon. At the opening of Wall Street, the Paris index widened its losses, before diving even more sharply after 16 hours: the long-awaited intervention of Jean-Claude Trichet, president of the Central Bank (ECB) has indeed failed to relieve the stock markets. Operators have even made a fright late in the session, while the stop trading market indices for nearly an hour has raised fears of a suspension of classes due to stock market panic &#8230; Set to 15 minutes of the fence, which was ultimately a technical problem resulted in a sharp fall in the CAC 40 (-3.90%) at 3320.35 points, its lowest level two years.And other European stock markets have experienced almost the same movement of panic. </p>
<p> The scenario of this Thursday confirms that seen in Paris last week, namely an acceleration of losses at the time of the opening of U.S. markets close in a pout down more than 2%. &quot;This confirms that the United States still give the&quot; the &quot;squares global analysis at Montsegur Finance Chaulet François. We currently have a suréaction operators who rely on the assumption of a return of the U.S. economy into recession. &quot; A favored hypothesis for two or three weeks with the publication of figures across the Atlantic macroeconomic advanced, contradicting the idea of ​​catching up the economy in the United States, emerging from a recession that have to fall by 5% the GDP of the world&#39;s largest economy.</p>
<p> The technical rebound is expected
<p> &quot;The market has fallen into the hype on this subject and even capitulation, says François Chaulet. Added to this disproportionate sanctions on publications disappointing corporate earnings. And those who announce the results as expected are not rewarded <a href="http://us-fast-cash-now.com">fast cash now</a><!-- . -->. They fall with the market, &quot;For example, Veolia Environnement has seen its market capitalization divided by three since its profit warning on July 29. </p>
<p> The expected technical rebound this week after once in July already difficult, will not be today. &quot;There was certainly a relief of the market for debt issues of U.S. and European full analyst.But beyond the announcement effect, investors are well aware that the solutions proposed (raising the ceiling of the debt in the U.S., and plan of aid to Greece ed) will not be so obvious that it set up. As long as there are political procrastination and that concrete measures are not implemented, the nervousness is expected to remain high, &quot;adds he. </p>
<p> Opportunities to seize
<p> Beyond this movement quite inexorable decline seen for ten days, the analyst points out, however, with a decline of 12% in five days, &quot;we are still far from the levels of volatility in late 2008, where the movements daily up to 10%. In this context, there is no reason for the long-term investors do not come to the equity markets to take advantage of attractive valuations, &quot;he says.A board to which some will probably oppose a speech often too optimistic on the part of financial analysts during a stock market panic. </p>
</p>
<p> Surrender is not waive </p>
<p> In terms of technique and market, capitulation means a massive sales of shares on stock markets, whatever the cost or risk of capital loss for the brokers. Often result in very large volumes of trade (4.8 billion euros at the end of Paris on Thursday) and a sharp drop in equity indices. Technically, however, this may be a sign of hope for the operators, the corresponding capitulation (in theory) to the lowest point of the market, the final step before the rebound. A theory that investors will surely be keen to see tomorrow &#8230;. </p>
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