Coronavirus: alarming drop in economic activity in France

Coronavirus: alarming drop in economic activity in France

Based on a whole series of data, the start-up QuantCube provides an overview of the level of economic activity in France during this period of the Covid-19 pandemic. It remains very low, except in a few areas. This is confirmed by feedback from professional federations. After three weeks of confinement, the French economy is almost at a standstill. Difficult for economists to assess the impact of the coronavirus pandemic on activity. Everyone gropes, seeks, is…

Read More

Coronavirus: event companies want to be able to test spectators

Coronavirus: event companies want to be able to test spectators

The president of Medef Geoffroy Roux de Bézieux asks that companies be authorized to filter the HIV-positive public. He expects the arrival in two months of rapid saliva tests to replace very heavy health protocols. What if, instead of closing everything because of the coronavirus epidemic, we opened the door a crack, to let the HIV-negative pass through? This is the proposal made by the president of Medef Geoffroy Roux de Bézieux, to help the…

Read More

The State wants to better remunerate the “informers” of the tax authorities

The State wants to better remunerate the “informers” of the tax authorities

The Finance Committee of the Assembly will examine at the beginning of November several amendments strengthening the status of tax advisers. Socialist deputy Christine Pires-Beaune will propose removing the ceiling of 1 million euros from their remuneration. The finance bill will once again provide an opportunity to improve its tools for combating fraud. During the examination of the second part of the text at the beginning of November, the Finance Committee of the Assembly will…

Read More

Participatory loans: banks ready to launch the device

Participatory loans: banks ready to launch the device

The quasi-equity system intended to strengthen the balance sheets of companies weakened by the crisis is slow to emerge. To accelerate, the banks are ready to start without waiting for all the stakeholders, to set up this plan to 20 billion euros. Banks continue to go to the bedside of companies in difficulty, while the health crisis dragged on. Tuesday, the Minister of Economy and Finance Bruno Le Maire reiterated his wish to see them…

Read More

The Bank of England once again flies to the rescue of the British economy

The Bank of England once again flies to the rescue of the British economy

The Bank of England announced, this Thursday morning, a strengthening of 150 billion pounds of its asset buyback program, to bring it to 895 billion. Analysts expected an increase of “only” 100 billion. The central bank, on the other hand, leaves its key rate unchanged at 0.1%. This is yet another boost from the Bank of England to the UK economy to help it cope with the damage caused by the coronavirus pandemic. The Bank…

Read More

The Banque de France expects a rebound in growth in the first quarter

The Banque de France expects a rebound in growth in the first quarter

According to a first estimate, GDP would grow by 0.3% in the first quarter, after declining 0.1% in the last months of 2019. An improvement due to industry and construction, after one month January marked by social movements against the pension reform. Will the surprise drop in GDP over the last three months of the year remain a mere accident? Difficult to say at the moment. But if the strike movement against the pension reform…

Read More