13 May
As promised, the outer envelope of the future Jean-Bouin has already – in miniature – the air of Bird's Nest, the Beijing Olympic Stadium built for the 2008 Olympics. The enclosure doors of 20,000 seats, which will house the games of rugby players of Stade French ("exiles" for the moment Charléty) from the 2013-2014 season, were opened Thursday for the first route point site with the Mayor of Paris, Bertrand Delanoe, the club president, Thomas Savare, and most players, curious to get a glimpse of their new lair. Everyone has been noted that the bleachers and steelwork is almost complete, while laying the panels cover the roof and the front is moving fast. Everything should be completed by March 2013.
"With a stage like this, it will be champions of France and Europe," commented Bertrand Delanoe. "This tool can only make us grow economically and sportingly, it will also allow us to more easily attract the best players," has for its part welcomed Thomas Savare.
"A work of art"
Rodrigo Roncero, the mainstay of Argentina, who will retire at the end of the season, it will be "the best rugby stadium in France and perhaps even in Europe." Captain and figurehead of the French stage, Pierre Rabadan is on him "great to have a place where almost everything – weight room, gymnasium, offices, restaurant, etc.. – Will be consolidated. "
Conceived as "a work of art" by the architect Rudy Ricciotti, the reconstruction of Jean-Bouin will cost a whopping 149 million euros. The price – considered exorbitant by the objectors – to equip the Paris team a tool worthy of his ambitions. "The old stadium, built in 1925, no longer met the requirements of comfort and safety: dilapidated changing rooms, lack of functionality of local medical and space news," explains a representative of the City. Public reception, too, was now outdated. "The capacity was 7,705 seats (12,000 counting standing room, Ed) of which only covered 4376, ticket sales and refreshments were in portables, there was no housing for the partners and the track athletics away the audience of players, "says the City. Much inconvenience to join soon be overtaken.
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23 Apr
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14 Apr
Not only the Bank of France there is no crisis but it has quite widely. As a firefighter service in the euro area, as part of the federal European Central Bank, of course, have stepped up its activities last year. So it is about to transfer 3.4 billion euros to the state, whose accounts need it most.
The governor of the Banque de France, Christian Noyer on Friday gave details on the occasion of presenting the results of the institution in 2011. 2.014 billion euros will be paid under the corporation tax, what to add 877 million as a dividend to the State, the sole shareholder. And best of all, it will receive 530 million euros that will correspond to the "emission cap" (sic). This expression, smelling the nineteenth century when paper money took off, means the value of franc banknotes that have not been translated into euros at February 18, 2012, the legal deadline for such an exchange in France.
Our central bank, and ultimately its shareholders, thus benefits from the negligence of the French and tourists who kept their tickets now franc convertible. They are forever lost to their owners, except for numismatists.
"More revenue but also more risk"
But its prosperity, it must above all the inconsistencies of the governments themselves unable to control their finances. The sovereign debt crisis in Europe has indeed brought under the leadership of the ECB to intervene in markets. "Our balance sheet has increased significantly" from 481 to 709,000,000,000 euros (+47%), Christian Noyer said. But these extraordinary interventions of securities purchases are made at rates of efficiency than conventional refinancing operations of the banks money. "We have more income but also higher risk, and therefore the need to build reserves." He says.
The Bank of France has decided to include an allocation of 2.065 billion euros in "fund for general banking risks and regulated provisions", which amounts to nearly 10 billion if we add reserves and capital itself. These provisions have cut gross profit of the Bank which in turn "has reached a historic high, at 5.650 billion euros, up 25% compared to 2010," according to the official.
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2 Apr
The bubbly TV on fire from new technologies and social networks. The 49th edition of MIPTV, in Cannes held until April 4, devotes the contents that are written in all media. Alongside the traditional major broadcasters and producers, and large sizes that are declining international dramas, new actors impose their brand to go international programs.
Some supply the market of their web series on YouTube. This is the case of Machinima, a specialist online game that has received 166 million unique visitors per month. Six million visitors flocked to her YouTube channel to watch the miniseries Torn Apart, promoting the series The Walking Dead, American producer of AMC. Some, like Bite Me, are available on the Web even the luxury of hearing superior to that of mainstream TV productions. Enough to convince the studio Lion's Gates to partner with Machinima to create the second season of Bite Me This time for television.
"The first impact of the Internet, said Laurine Garaude, director of the TV division of Reed Midem is an explosion of supply and a real competition of brands to offer original content, including among the studios." Other example, the format "Fashion Star", produced by the American Electus, which will be promoted today by the supermodel Elle Macpherson. The day after the mailing of this contest fashion collection, it will be available in stores. "It is an immense field for brands, said Laurine Garaude yet. The impact of social networks that takes precedence and can bring back the viewers on the live program at a time when we only speak delinearization. "
Dating, coaching and quiz
This influence is not limited to the porosity between the different screens. It also infuses the TV trends. "Never, classic television has done more heavily loaded with programs promoting social cohesion, authenticity and humor. All concepts summed up in one, in the jargon of television: the feel good, "smiles Bertrand Villegas, one of the leaders of The Wit, the agency expertise TV programs worldwide. "This color is found in the mechanical as the most popular are the talent competition, issues of dating, coaching, or quizzes," he says.
No more coaches and welcome to the tips of friends tend "peer to peer". As "Coach Diaries," which is to dispense with the psy to trust a panel of citizens who provides analysis and advice. A concept devised by the Israeli Armoza, who has a contract with TF1 first glance, especially. Same concept for the pilot "Desperate Neighbors," distributed by All3Media, which is to entrust a family in crisis in its neighborhood.
Side talent contest and quiz, Endemol has two formats that should take over "Money Drop": "The Code", a complex game mechanics whose aim is to discover the code of a credit card, but also "Sounds Familiar Your Face," a singing competition, inspired by the videos posted on YouTube by users and tubes containing the stars of yesterday and today.
MIPTV but also confirms the tendency of large international co-productions and the fusion of talent from the small and big screen. Beside the series Titanic, produced by ITV, which will be the great event of this edition, the red carpet will be occupied by Top of the Lake, performed by Jane Campion (The Piano) and produced by Sundance Channel and BBC2, or Hit and Miss yet, FremantleMedia, with actress Chloe Sevigny. For its part, TF1 was the event on Sunday with the announcement of the series The Great, distributed by SevenOne and starring Jean Reno star.
16 Mar
Antoine Frérot, CEO of Veolia, has again scored points in the guerrilla who opposes Proglio, former CEO of the environment and current president of EDF. Thursday, the Board of Directors of Veolia was held in the absence of Proglio. The meeting, which took place in calm, devoted to a marked shift in the balance of power between the two men at the expense of Proglio, and in favor of Mr. Frérot.
Esther Koplowitz and Jean-Francois Dehecq, two directors of Proglio relatives, should leave the Board in effect at the expiration of their term at the general meeting on May 16, 2012. The banker at Lazard, George Ralli, hitherto independent director and be close to Proglio, will he, the representative of Groupama, in place of Jean Azema, arrived five months ago the management of the mutual insurer .
"Engendering the board"
Finally, Serge Michel, the fourth director whose term will soon expire, is the only one to be renewed as it is. 85 years old and named, like all other board members when Proglio was CEO of Veolia, this connoisseur of Veolia always follows the group and its executives very closely.
Antoine Frérot wanted, according to a close, "feminize the board and introduce other adminirtrateurs present and ready to engage in the conduct of Veolia Environnement." Two women, Maryse Aulagnon, founding president of the Affine group, specializing in commercial real estate, and Nathalie Rachou, manager of Topiary Finance, should come to the board at the general meeting, as well as the general manager of the automotive Valeo, Jacques Aschenbroich. Finally, Augustin de Romanet, who recently retired head of the Deposit, Veolia's largest shareholder with 9.2% stake, will be replaced by chief financial officer of the public group, Olivier Mareuse.
Of seventeen directors, only three or four belong, after the meeting, the clan of personalities hostile to Mr. Frérot. The risk of a challenge after the elections, the leadership of this group which the State is not a shareholder, seems to go away.
In February, Proglio had sought to evict his ex-Dolphin Executive Officer of Veolia. He had found the boards of other voices to challenge the implementation of the recovery plan of the group. But the prospect of arrival of former Minister of Ecology Jean-Louis Borloo, opportunely announced in early March, killed the project in the bud. Better, Mr. Frérot then received its directors affirmed its support radical strategy, focused on an overall cost reduction, debt and group activities to local services. Although some have yet to see "how the restructuring is taking place," investors and financial analysts have welcomed the decision of the board. The stock has gained 1.08% Thursday. Worst performance of the CAC 40 in 2011, he returned 43% since January 1. What, again, release the pressure on the group.
3 Mar
For what will probably be his last European summit before running for a second term as president, Nicolas Sarkozy could not escape the exercise of stock. Friday the signing of the pact of fiscal discipline, contrived with Angela Merkel, has provided him with the argument: "We're not out of the economic crisis, but we're turning the page of the financial crisis." .. ……
Garden side, the summit without chips seems to end two years of debt crisis. Greece climbs out of the rut, the other countries of the euro will provide the means to finance their debt markets through the "firewall" financial, and the common currency is based on an own last fiscal governance .
The time to relax is actually financial. The France borrows at interest rates lower and – the president is delighted – the differential with Germany was "closer to historic lows." Any risk is spread? "I will not allow myself to say. There is no 100% guarantee. We thank you is always a tragedy. " Or maybe an election
.
Side yard, however, is the looming recession and the new Spanish Prime Minister Mariano Rajoy took it upon himself to embody the danger. The ink barely dry on budget pact, he said he does not comply with the spirit: Friday Madrid has set a fiscal deficit target of 5.8% of GDP, well beyond the 4.4% for 2012 agreed with its European partners. The slippage Spanish adds to the disorder of Brussels, already shaken by the announcement Thursday of a similar drift in the Netherlands. Another crisis does not seem so far away already.
"Temptation liberal"
Regarding means of a return to growth, the European team seems equally divided paydayloans. In fiscal harmonization desired by Paris and Berlin opposes deregulation of services and labor market driven by London, with the reinforcement now in Rome and Madrid. Once again, David Cameron a "frustrated" by the Franco-German immobility had a scrap with Nicolas Sarkozy worried by the return of the "liberal temptation." The summit declaration indicates a match virtually nil. But the French president welcomed the "return to Europe," British Prime Minister, after falling out of the fiscal pact in December.
The day of reckoning is also the one to draw a roadmap for the future. Whatever the outcome of presidential elections, Nicolas Sarkozy has no plans to run for a European mandate. "From the heart not, under any circumstances, either now or later, he quips. I do not have the qualities to be an excellent President of the European Council. Herman van Rompuy is already doing. As for José Manuel Barroso, understand that I can not compare myself! "The head of the Commission will assess the scratch.
If it does not nourish ambition in Brussels, the president surely has for France and for a second term: "I still have something to do five years in Europe, 'says he told reporters. "We put in place tools. We now use the full. "Among his war-horses, he cites jumble of European defense, a true industrial policy, competition, the Mediterranean, and immigration.
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25 Feb
The French system of press distribution does succeed in extricating himself from the dire straits in which the combined decline of newspaper sales and investment capacity of the publishers place for several years?
The French model is very specific. The market is shared between two messaging: Presstalis (ex-NMPP) and Messengers Lyons Press (MLP). The two coexisted for setting up the system, based on the principle of cost sharing distribution between publishers, under the rule of law Bichet 1947 that guarantees pluralism of the press. Presstalis distributes 75% of volumes in France, including all of the national daily press, the rest being transferred to MLP, its competitor centered on magazines.
Cost Sharing
In recent years, the MLP gained more market share by offering attractive rates. And at the same time, Presstalis sank into difficulties. Faced with significant structural costs, late in the modernization of its network, the messaging has been facing a severe crisis in 2009. Despite a savings plan of 86 million euros from 2010 to 2012, it would still lose 15 million in 2011.
Meanwhile, the structural decline of print media sales, estimated at 6% last year and probably similar in 2012, continues to affect the entire industry. NMPP has had to adjust its restructuring plan, adopted in December by the two cooperatives that comprise it. At the same time, certain securities of Mondadori France (Grazia, Top Health and Biba) and The Point have announced their departure from Presstalis for MLP.
Presstalis responded, saying the defections compromised, at the worst time, its turnaround plan. Hence his attempt, rejected by the new Regulatory Authority for distribution of the press, to freeze these departures securities. But Presstalis is returned to the charge by offering a longer notice periods for transfers of title to better anticipate the loss of customers.
Messaging supports the approach of the Supreme Council of the messaging of the press to share the cost with the MLP distribution of the national daily press, it is only to ensure the load while the flow of major newspapers are considered "structural "for the entire network. The recovery system will depend on the ability of actors to agree to divide equally the costs, while modernizing the network, including reconciliations between operating depots (wholesalers), now too many. The latter provide the newspaper distribution in 29,500 retail outlets.
18 Feb
Social negotiation of the last five-year promises to be one of the most difficult. Unions and management have started on Friday the MEDEF, their discussion of "competitive employment agreements" intends introduce the president. Nicolas Sarkozy gave in late January, two months to agree on these devices should allow, after majority agreement concluded in the company to adjust temporarily the working time and compensation of employees to cope with the hollow of activity. Specifically, employees would agree to reduce their wages and working hours while their employers would commit to maintaining employment for a specified time and so do not dismiss. The agreement will require all employees, without the possibility of individual refusal.
All participants had not Friday the same objectives. One thing in common: the desire to prolong the debate. "I understood that discussions would take some time," admitted Patrick Bernasconi, the leader of the employers' delegation. "We have to hold until April 22, confessed to a trade unionist. Nicolas Sarkozy is elected and he will impose his bill, or it's Francois Hollande and it will not respond to our exchanges. We should just save time. "A strategy that seems part: three bargaining sessions have been scheduled Friday, the last … April 13.
Both sides of the trade union side
In addition, two camps are emerging trade union side. First there are those who are willing to discuss, but not under the pressure of political events. "If the goal is to maintain jobs temporarily in companies, we are open to negotiate with employers, assumes Thouvenel Joseph, vice president of the CFTC Payday advance. But we must first there was agreement on what constitutes the concept of competitiveness and employment it will take a few weeks. "Same story with the CFDT, which is, as always," ready to engage " but from the moment the debate is extended to matters of "corporate governance, sharing of wealth and investment in research and development." A program that far exceeds the specifications set by Nicolas Sarkozy
.
And then there came no will power to sign, but not to be accused of refusing social dialogue. CGT head, which speaks of "coup" government to impose greater flexibility in business and reduce workers' rights. "I forgot my pen to sign the text employers", ironically also Maurad Rahbi, one of its negotiators at the entrance to the meeting, before continuing: "We have seen that an agreement competitiveness Employment provided in Conti Clairoix. Employees agreed to wage cuts and strong the company closed three years later. "
FO is on the same wavelength as the competitive employment agreements are for it as "blackmail to employment." For Stéphane Lardy, his "Mr. Employment "negotiations should address the issue of" joint management "sine qua non for the success of such devices across the Rhine. "If you want to import the German model, it must be taken in its totality," he causes, convinced that employers in France there are "not ready".
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17 Feb
The salary, all countries are not on the same wavelength. The annual survey of international recruitment firm Robert Walters (*) shows the differences. In 2011, it was better to work in Germany or Brazil in the UK.
Germany, China, Brazil, Australia have indeed seen increased hiring and salaries of managers. The United Kingdom registered a decrease in compensation of 10%. In France, the pay increase was zero. The observation conceals extremes.
"In the first quarter, experienced managers have benefited from the carrier dynamics and wage inflation, making up two years of stagnation, and that in all trades and all sectors, says Antoine Morgaut, CEO Continental Europe and Latin America by Robert Walters. September marked the return of uncertainty. Recruitments were maintained in a market where demand frameworks has become structural, but overall the catch was interrupted. "
Premium experts
Only to take their game, the experts benefited from strong market demand shortage. Some, such as actuaries, consolidators, internal auditors, risk managers in banking, compliance officers, … SAP specialists have seen their wages increase to 25%. In middle management growth reached 10% on average. "Every year the valuation of experts working on niche markets is increasing," says Antoine Morgaut.
Meanwhile, salary ranges have tightened over the 10 years of experience and senior management, although with few peaks. A qualified actuary in 2011 (7 to 12 years of experience) for example has won between 75 and 115K € (**), a bank compliance officer (over 12 years experience) € 80 to 150K, a manager program in real estate from 60 to 110K € (6-10 years experience).
In 2012 the uncertainties, companies should be ungenerous earlier this year. Salaries will follow inflation, the bonus will be measured, rarely more than 15%, and very individualized, "because we can not afford to lose excellent employees or pass very good profiles," says Antoine Morgaut. Overall, the variable will range between 5% and 30%.
Results which are crippling the morale of the French managers: 48% now feel a loss of purchasing power. And comparing global employment should not give them a smile. According to a range of functions held by Robert Walters, France is down-banding, just ahead of Spain. The gap with Germany, the Netherlands and Belgium reached 20% to 30%. The DRH China and Australia, the Brazilian financial controllers are placed at the top and widen the gap.
"Sedimentation of frustration is high among French executives. At the slightest tremor positive they monnayeront shortage. The most spoiled in the coming years will undoubtedly experts, "said Antoine Morgaut.
* Salary Survey 2012 Study
Variable ** Figures out
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