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Francois Hollande said today he hoped the French savings could be more "mobilized" to fund a portion of the debt, provided that the loan terms are more favorable for the country.

"I have an idea that the savings of French, which is very high (17% of our revenues are spared), can be mobilized for industry, housing and also for debt" , he said, asked about this during the "Grand Journal" on Canal +. His speech was recorded earlier in the day, due to the evening meeting in Bordeaux. "So that, the more you borrow from the French, the less you borrow from the markets," he said.

Run government bonds

When asked, "will launch on government bonds to individuals?", He replied: "I think about it. It already exists. What was formerly called T-bills, large bonds. The more we borrow in our own markets with the savings of French, it is less dependent on investment funds credit report. "" You will do it more consistently? "He replied," More systematic, yes. "….. …

Asked about the fact whether he had decided, he said: "Yes, actually. Then you have to see the conditions. It has to be a rate that is not greater than the market. Not worth paying a debt even more expensive if purchased by the French. "

In June 2009, President Nicolas Sarkozy had wanted to launch a new loan with the French. There were abandoned because the cost of a public offering would have been much higher than going market. The initiative of Nicolas Sarkozy was the first such operation in France since the famous "borrowing Balladur" in 1993.

At the end of 2011, 65.4% of negotiable government debt (in the form of securities) were held by non-residents, and 34.6% of French residents, according to data from the Agency France Trésor, which manages the French debt.

Since the U.S. Open in 2011, claims rumble among players. Endowments tournaments and especially to the calendar Grand Slam. To calm the discontent, the price of Roland Garros were revalued by 8.67%, while those in the first round losers go up by 20%, at a circuit where prices are 30% focused on the four best (Djokovic Nadal, Federer, Murray). Decryption.

LE FIGARO. – How did you arrive at this decision?

Gilbert Ysern. – The distribution of the wealth of tournaments, with a concentration on a small number of players has never been greater than today, is one of the peculiarities of our sport. Comparing such a discipline such as golf, which quite a lot like ours, we find that there is a greater disparity in prices. So we decided to upgrade the equipment of the players the first week. By comparison, in Indian Wells, the winner gets 130 times more than the 1st round loser. In Miami, it is 1 to 85. At Roland Garros in 2011, it was 1 to 80 and this year it will be 1 to just under 70.

Do you feel you were put in front of the players an ultimatum?

We are not in this logic. I went to Indian Wells meet the players, because it was the first time the top four were together and they have suggested. But it was not a meeting.

The strike threat was real?

No, there was no threat. We know that the idea of ​​putting pressure on the tournaments through a boycott threat has arisen in a number of players at the general meeting in Melbourne (in January) payday loans guaranteed no fax. And it could also be evoked by a handful of players at the next meeting in Miami (in March). This does not worry us, it is not the posture of players including Roger Federer, who is the Chairman of the players.

What are the exact players' claims?

Their concerns are twofold. Besides the question of the distribution of prices between them is that of the wealth generated by the Grand Slams, they believe, with 73% of revenue devoted to prices, not being quite to their advantage. The second case is more complex, because the reality of our economy is not what they believe. At the end of the year, there is nothing left in the coffers of the Federation because all resources are reinvested in tennis. It is important that players understand the ecosystem of the French model launched by Philippe Chatrier thirty years ago, which has developed alongside the Roland Garros tournament and play in the national territory, one feeding on the other.

Can we say that there will be no boycott of a Grand Slam tournament or Roland Garros or in 2012?

You can never say never, but it is my firm conviction.

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It is not yet the big night for the property market but the trend reversal is confirmed. After the Chamber of Notaries of Paris-Ile de France is now the turn of the network of estate agents Century 21 noted a decline in house prices in Paris, as in the rest of France in 2011. Late last year, the former property prices had already declined in the Paris region but not yet in the capital.

But prices fell relatively little, yet after record highs in recent years. Thus, between the second half of 2011 and first quarter 2012, the average price per square meter of goods sold by Century 21 declined only 2.1% in 2578 euros/m2 average in France. The movement is even more tenuous in Paris, with a fall in prices of only 0.1%. A figure in line with the finding of the Chamber of Notaries of Paris-Ile de France which reported a decline in late March from 0.36% in house prices in Paris three months 8340 euros per meter square on average between November and January.

However, the number of home transactions performed by the network of estate agents Century 21 in France fell by 11.4% between the first quarters 2011 and 2012. This drop is even higher in Ile-de-France (-15.5%) and Paris (-17.4%). And for all of 2012, the president of Century 21 Laurent Vimont expects a decline over one year from 15% to 20% for the entire market of home transactions.

The expert, however, expected a price maintenance the same as in 2011. "You leave the frenzy and we return to reason. But the decline is not sustainable because demand is strong, "says this actor's real estate market.

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While the latest statistics show an automotive market at half mast and some European manufacturers are expressing their concerns, the cars bought in France have never reached such high prices. According to The Argus, which published his 2011 portrait of the average car in France, the average price reached 21,181 euros, against 19,767 eurosen 2010. An increase of 1,414 euros (+12%) in one year!

According to The Argus, this trend is explained by the end of the scrappage scheme. And the French did not hesitate to turn to larger cars. The average vehicle in 2011 in France measure 4.19 meters long, 1.76 wide and 1.54 high. It weighs 1266 pounds and consumes 5 liters of fuel per 100km to 126 grams per kilometer of CO2 released.

The luxury SUVs are popular

The Argus notes and a sharp decline in so-called urban cars (-26%). The family (10%), major roads (37%) and minivans (18%) have however taken advantage of this change in consumption pattern. The SUV (Sport Utility Vehicle), including luxury, are also popular. And the price of the latter increased by an average of € 3660! Overall, the share of cars with less than 15,000 euros in sales in 2011 is 19%, from 15,000 to 25,000 euros, 45%, and more than 25,000 euros, 36%. In 2008 these shares were 24%, 46% and 29%.

The study of the Argus corroborates previously published figures by the Committee of French Automobile Manufacturers (CCFA) and published by Challenges. They reported a price increase of 15% compared to 2010. The average price of new vehicles, all brands, has reached 22,800 euros according to the CCFA. A rise in prices seen in all countries where a grant has been established to support the sector.

But if they are willing to spend more to buy a car, the French did not mean abandoning another means of transport, more environmentally friendly. He would have sold more than 3 million bikes in 2011. A figure up 5.5% over the previous year.

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Click on the thumbnail to enlarge the graphic

The end of the euro in a diagram, seen by Hermans Hurre

A first in the presidential campaign. Seven of the ten candidates have succeeded on Thursday on the same stage: that of the 66th Congress of the FNSEA in Montpellier (Hérault). Only the far left was missing, including Jean-Luc Melenchon.

All candidates have outlined three major challenges. First, that of the environment, including the management of water, while the French countryside lack of rain for the second consecutive year. Nicolas Sarkozy promised a simplification of administrative authorizations: "It is enough of a preliminary statement" to build dams for irrigation of crops, "up to 350,000 m3." Other candidates have called for better water management. "We're going to crises increasingly frequent and difficult," warned François Bayrou. Also on the environmental component, Francois Hollande has put forward the alternative energy sources. "Biogas, biofuel, biomass, these are new sources of energy and new income for farmers, said the PS candidate. We must share these investments. We will adopt a tax incentive. "

Secondly, virtually consensual: the Common Agricultural Policy (CAP). "I welcome the positive signs that the new CAP takes with keeping its budget. Aids represent fair compensation for the farmer to a policy of low prices to the consumer ", ruled Francois Bayrou. Marine Le Pen is the only advocate a judgment of the CAP in favor of a "PAF" (French agricultural policy), that is to say a re-nationalization of aid. "I am here to defend the interests of French gardeners and French consumers. I do not want a Europe which includes agricultural servant of the WTO, "warned the leading frontist. The sovereigntist Nicolas Dupont-Aignan demanded "firm renegotiation of the CAP because we pay $ 7 billion more to the EU budget that we receive."

Reduction in the hourly cost

Finally, the third item listed, competitiveness. France is now the third largest in Europe in trade of agricultural and food products, behind Germany and the Netherlands. "There must be logical and contractual solidarity, to be more competitive. This will be the sense of public investment bank that will support the development of SMEs in the food industry, pleaded Francois Hollande. We will develop a collective and not individual contract between farmers and manufacturers, allowing visibility of volumes but also the prices. "

Nicolas Sarkozy has defended his hand down the cost schedule adopted under his five-year seasonal and the permanent employees that will result from the social VAT. "97% of agricultural workers are covered by a 5.4% decrease in payroll taxes," he repeated. As for the little candidate Jacques Cheminade, which boasts a history of commercial counselor of France in New York, he is committed to "put innovation and research at the center of the debate on agriculture to meet the challenge of 2050, that of feeding 9 billion of men. "

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With rent "premium" (neighborhood prestige) set to 1 255 € / m² / year, Central London (West End, Midtown, City and Docklands) still holds the record for the most expensive place in Europe. Despite a decline in business, the rent "premium" has continued to increase throughout the year because of the shortage of Class A surfaces in the West End and Midtown particular. "This market has been driven by the technology sector, media, telecommunications and accounting firms," ​​says Dan Bayley, Director General for Central London at BNP Paribas Real Estate. The City has a lower rating but if we judge by the latest transaction carried out at 710 € / m² / year in the Leadenhall Building on 17,652 sqm leased by Aon, the insurance brokerage firm and reinsurance.  

Geneva on the top rent is € 818 / m² / year in a market but only on narrow 35 000 m² of offices.

Central Paris arrives in BNP Paribas Real Estate ranked third with an average premium value of 810 € / m² / year, sometimes exceeded in the seventh district, which is now part of Paris CBD (Central Business District).

Moscow climbed to fourth place with a rent of 544 € / m² / year in the downtown core that can reach 800 € / m². Conversely, on some streets listed under the rent reduction: Leningradskoe on Higway, 39, Olympia Park in the building, nearly 30,000 sqm were leased by Kaspersky Lab to 465 € / m² / year flexcheck cash advance.

Milan keeps fifth place at 520 € / m² / year, posting a stable rents despite an increase in transactions of almost 10%. The five other cities do not cross the threshold of € 500 / m² / year. Stockholm, however, comes close with a rent premium of 484 € / m² / year after rising nearly 13% in one year, closely followed by Luxembourg at 480 € / year / m increase of 5.3% …. ….

With 432 € / m² / year, Frankfurt is still the first German city in rental value and activity despite an increase in rents of just 3% and stability of transactions.

Rome maintains its 420 € / m² / year for almost two years despite a fall, this year 12% of its activity. It is also the only city in the Top Ten in not having increased in value during this period.

Munich comes in tenth position to 396 € / m² / year. "The city is experiencing strong growth, which reflects on the office property. Rents have jumped 10% in a year in take-up has almost doubled in one year, from 599,000 m² to 883,000 m², "said Piotr Bienkowski, Executive Chairman of BNP Paribas Real Estate Germany.

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To provide a bright future, A Day Elsewhere facelift can not escape. The fund AtriA Capital Partners, majority shareholder of this brand of ready-to-wear "chic" for mature women, changed the executive chairman last year. Mission entrusted to Jean-Pierre Charpentier, "rejuvenate and dress the bride," says the new boss. Reinvigorate, or redressing, businesses to better sell, it's his job. This former CEO of France Loisirs has restored color to both sign Jacadi.

A Day Elsewhere door certainly does not hurt: slight profit, the company posted 187.2 million euros in turnover in 2011, up 3.5% on a comparable basis, 78% achieved in the Hexagon , which are installed 145 of its 215 stores.

However, seniors in the 2010s dressing "younger" and "Zara" than their elders, A Day Elsewhere urgently needed to afford a makeover in an attempt to conquer them. And reach more customers transgenerational, 45 to 99 years. Great first, advertising campaign of 2 million was distributed in a fashion magazine. Innovations emerge every month now, and the shops are gradually déringardisées.

Transfer of production

Exit the columns of a Greek temple and cloud ceilings kitsch. Storefronts are painted in taupe and white. Inside unfolds a light mango furniture. This new concept will rally by the end of March 30 of 215 stores. The loan-to-wear, if he retains the best-selling brand, collections "ceremony" models "cruise", gets a new line: The Essentials. An agreement with Swarovski helped to decorate jackets or coats of crystal knobs, glamourisant tailors declined in gray, black or blue.

As for accessories, an independent designer who has worked for Lancel, reinvented bags and pouches, covering them with bright leather or monogrammed coated canvas. Another, from Chanel Fantasy, has transformed the glass and plastic charms in gold or silver plated jewelry, more likely. Their prices range from 40 to 200 euros. They are made in France, where Jean-Pierre Charpentier also would like to produce more textiles. Fiber polyester, wrinkle resistant, currently produced in Korea, might as well, says he, being in the Hexagon.

A dual source of supply

The group has already relocated nearly 80% of its supply in Turkey and Eastern Europe, retaining only 20% in Asia, less competitive with rising production costs. For some products, Jean-Pierre Charpentier dual sourcing, shared between Asia and Europe. "I have adopted this system of dual-sourcing the day, when I was at Jacadi," he recalls, "we have not received the collection time for a parade." …. ….

These changes should attract 2 million customers registered in the global roster of A Day Elsewhere, Belgium, Luxembourg and Italy. For 2012, openings are provided, with the new concept, particularly in Brazil, with two to three stores by 2013, and the U.S., in department stores. Meanwhile China.

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Social cuts and austerity measures provoke social unrest throughout the Iberian Peninsula. In Spain, the reform of the labor market, adopted Friday by decree, has attracted a first wave of spontaneous protest. In Portugal, it is the application of the rescue plan that creates a massive mobilization.

At the Puerta del Sol of Madrid, hundreds of people gathered Friday night to protest against the reform. Described as "historic" by the Conservative government of Mariano Rajoy, the decree is the latest attempt by Madrid halting the advance of unemployment, which seems unstoppable. At 22.85% of the workforce, the Spanish rate has broken all records in the industrialized world.

The Executive intends to promote employment by making IDUs more attractive. In addition to some tax incentives, the reform lowers the costs of layoffs and wage cuts authorize unilateral when the company through a bad patch.

General strike on hold

The event on Friday, unauthorized, has been dissolved violently by police as the protesters approached the Parliament. Unions, criticized by protesters who think they are too timid, were not represented Puerta del Sol. Comisiones Obreras (CCOO) and Union General de Trabajadores (UGT) intend to channel anger Social next Sunday: a "general mobilization" was convened and processions will be organized throughout Spain. The possibility of a general strike, it remains outstanding.

In Portugal, the mobilization has already taken place. "The biggest demonstration in thirty years' 300,000 people gathered Saturday in Lisbon, according to the CGTP, the main union. In a long speech, the secretary general of the Central attacked both the troika (European Commission, ECB and IMF), responsible for monitoring the implementation of the bailout, and the government, accused of submission. Many times Arménio Carlos was interrupted by protesters when he cited the name of the Prime Minister, Pedro Passos Coelho. "Gatuno! Gatuno "(" Thief! "), The crowd chanted. Also put into question, the finance minister, accused of violating the "dignity" and "sovereignty" of the Portuguese. In an exchange with his German counterpart, Vitor Gaspar had thanked Berlin for accepting an "adjustment" of the financial plan.

Advocating a debt renegotiation, Carlos called for a higher minimum wage Portuguese, currently set at 485 euros gross. A new day of action is scheduled on February 29.

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Olivier Cousin risk 40,000 euro fine. His crime: entering the word "Anjou Cabernet Franc" on simple organic table wines, the ones he produced in his area of ​​Martigné-Briand (Maine-et-Loire). Unbearable for an approach advocates the designation of origin (AOC) Anjou. They are however difficult to blame Olivier Cousin lack of attachment to their land. This strain Angevin, ecology freak, follower of harvesting by hand and horses love it so much because he refuses herbicides, sulfur and yeast. This is because the same AOC respected, he said, so little of nature (by allowing the addition of sugar and acid, even for the vintage enjoying a good climate!) He slammed the door, six years ago.

Las. Cousin may well sell organic wine at the best restaurants, the law is against it. "The AOC Anjou is protected by decree.We fight every day to defend our demarcated areas, "says Patrice Laurendeau, president of the Federation of Anjou wine. On the Internet, many blogs Cousin support and a petition was launched to the attention of the authorities.

The AOC, however, is not always the enemy of the bio. Throughout France, AOC wine producers there are already converted, along with other winemakers. From 2009 to 2010, the organic vineyard area has increased by 33%. As to represent 6.2% of the total area of ​​vines, and perhaps "10% in 2012," according to the Association of Independent Winegrowers France.

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