"If I am elected, I do not gèlerai, but I stoop down the salary of the president and ministers of 30%." By November 2011, Francois Hollande had made the campaign promise very symbolic, while Nicolas Sarkozy marked the spirits in increase of 172% net salary (of 7,084 to 19,331 euros) on arrival at the Elysee. Presented at the first cabinet meeting on Thursday by the new prime minister, Jean-Marc Ayrault, the measure was formally adopted, confirmed by several cabinet members. Accordingly, the president and ministers will have their wages fall by 30%. "This is exemplary," explained Jean-Marc Ayrault Wednesday on France 2. This measure will be a decree. But this law, which will not be adopted before June and the election of the National Assembly, "will be retroactive," said the spokesman of the government, Najat Belkacem-Vallaud. It is therefore effective "as of May 15" date of the nomination of Francis Holland as president.

The gross monthly salary of Ministers will therefore decrease of 14,200 euros per month, to 9,940 euros. That of the Prime Minister will also be trimmed from 21,300 euros to 14,910 euros gross. Like, finally, the compensation of the President of the Republic which is equivalent to the Prime Minister. With a plane that has a surprising consequence. Ex-Ministers continue to earn more than their successors for another six months. Indeed, each team member Francois Fillon retain his salary during this period. A privilege granted to all former ministers, who lose their theory, however, other benefits.

In the camp of the UMP, the reactions to this first measure of government have not kept waiting. Jean-Francois Cope, the party's general secretary, described the pay cut of "deception" on Twitter.

I denounce the imposture, the clannishness and demagoguery are the appointment of the first steps of @ fhollande ump.org / news / esp

. – Jean-Francois Cope (@ jf_cope) May 17, 2012

It explains, in a statement, the government has Ayrault "14 members of more" than the first Fillon government. "We go from 15 ministers, four secretaries of state and a High Commissioner to 34 ministers and deputy ministers, an increase of 65%. Wage cuts of 30% can not hide this fact: the government of Francois Hollande will be far more costly to the taxpayer. "

Largest decline in Europe

If they come later than in other European countries, this decline in compensation of government is by far the strongest. One of the first to take this measure, as he tried to impose on his country a vast austerity plan, was the Irish Prime Minister Brian Cowen. From 2009, he had reduced his salary and that of his ministers by 15%. In the process, in May 2010, Spain followed the movement by announcing a 15% reduction of salaries of its ministers. In the UK, the British prime minister, David Cameron, newly installed in power, his ministers imposed a 5% decrease in their pay. A dry diet made subsequently by Italy and Portugal, among others.

In Europe a constraint to fiscal Germany still appears a prosperous island. While the German economy grew by 2% annual rate in the first quarter, Angela Merkel and her ministers were granted for the first time in twelve years an increase of wages. The Cabinet decided on Wednesday to a 5.7% increase in three stages by August 2013, bringing the salary of Angela Merkel to about 17,016 euros gross per month and those of his ministers to about 13,795 euros.

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"Industrializing access to start-up." This is one of the goals sought by Electronova Capital, the investment fund which EDF has announced Tuesday. This new tool will prioritize the "cleantech", these companies specializing in innovative technologies environmentally friendly.

"Our approach is flexible: it can be anything to support a project to take an equity stake," said Bernard Salha, director of research and development of EDF. The electrician tricolor, via an annual budget of 500 million euros, is one of those that invest most heavily in R & D.

Turn to France and Europe

Electronova Capital Fund will have a capacity of 60 million minimum investment, and the envelope will increase to 90 million euros, said Thomas Thornton, chief financial officer of EDF faxless pay day loans. The French group has teamed up for the occasion to Indivest Partners, a recognized specialist in SME financing.

"The launch of this fund is a further step in our policy for innovation. We have already taken similar initiatives in China and Canada, while qu'Electronova Capital will initially intended to turn to France and Europe, "said Thomas Aldridge.

Meanwhile the first operation, areas of intervention should not be missed: "The energy landscape is changing; between issues related to CO2, the development of renewable energy and the desire for improved energy efficiency, we are a turning point, "says Bernard Salha.

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The conservative party of Angela Merkel (CDU) just make a new turn to conquer the center-left electorate for the election scheduled next year. Once he was fiercely opposed for several years, the union of conservative Chancellor has finally decided to support the introduction of a minimum wage in Germany.

Holding that the adoption of a "generalized minimum wage" in German might undermine negotiations between industry by industry employers, unions and employees, the CDU had long opposed the project.

But the Minister of Labour and Social Affairs, Ursula von der Leyen, has announced the development of a bill going in this direction. According to his plan, an apolitical committee comprising representatives of employers and employees will be trained to fix a minimum wage at the federal level. This committee will reassess the amount of income each year. Industrial areas that have already negotiated a minimum wage, will not be affected by the introduction of national minimum wage, even if its level is lower. It remains to convince liberal allies of the Chancellor. Advocate for the Mittelstand, the SME network which is the strength of German industry, the FDP strongly opposes the minimum wage.

Centrist electorate

By offering a new bone of contention with the FDP, the Chancellor has again demonstrated that it has no intention of taking gloves with the Liberals in disarray. Her greatest hope is to cut the grass under the feet of his rival Social Democrats and environmentalists, who planned to make the minimum wage one of their main proposals for the parliamentary elections in September 2013. Since coming to power in 2005, Angela Merkel has pushed his party to focus on issues traditionally left – environmental issues, education and child protection – to seduce the centrist electorate. The Chancellor made his most dramatic turnaround last year after the disaster of Fukushima, deciding in the closure of German nuclear power stations and programming for 2022 abandonment of atomic energy. Von der Leyen hopes his proposal will offer a minimum wage "huge boost" to the CDU at the regional elections scheduled May 13 in North Rhine-Westphalia, the most populous regional state of Germany.

The CDU, however, risk of alienating some of its traditional supporters. "The disastrous consequences of such solutions can be found in European countries that have adopted similar rules, and judge Dieter Hundt, president of German Employers (BDA). Once again it is the weakest who suffer from these measures, because this will complicate their entry into the labor market. "The unions believe instead that the shortage of manpower across the Rhine to help negotiate end of the precariousness of wages.

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SunPartner, a start-up of Aix-en-Provence (Bouches-du-Rhone) specializes in solar energy, has signed a partnership with the Atomic Energy Commission (CEA) to develop and build a demonstrator of the second generation of photovoltaic power plant at low concentration. SunPartner has already shown with the development by its subsidiary Wysips a transparent film photovoltaics to recharge his mobile in the sun.

The project developed by its subsidiary Axiosun with CEA and one of its laboratories, the Institute Liten, specializing in new energy and nanotechnology, will compete with conventional photovoltaic market is now taken in a squeeze between fierce competition from China and declining subsidies in France and other European countries.

"The solar modules are not the optimal solution. Concentration yields lower costs by 20% to the cost of panels Chinese "and thus become competitive, says Ludovic Deblois, the founding president of SunPartner. Photovoltaic power plants developed by Axiosun make it possible to focus with concave mirrors up to 12 times the sun's rays, which reduces the cell size implemented for the same energy. In addition, advance Ludovic Deblois, these modules retain a high yield of about 19%, despite the increase in temperature due to the concentration, whereas with the standard modules, the yield decreases by 1 or 2% per degree additional.

Reduce costs

Axiosun is positioned in the segment of small and medium power (to drive a company, a village or small town) in area to strong sunlight.

He installed the first plant at low concentration in France in Saint-Cannat near Aix-en-Provence and two in Morocco. The issue of partnership with the CEA signed for three years with a budget of 2.2 million is to improve the technology. The objective is to achieve a cost per kWh up to 40% lower than with a central ground to conventional panels. One key is the development of a manufacturing process to local costs well below Chinese costs by investing ten times lower.

The project is part of the proposed City of energies, initiated earlier this year by CEA Cadarache, near Aix-en-Provence. This platform of several dozen hectares is home to companies that CEA helps innovate and where demonstrators can be built. Axiosun going to make a pilot. Eight other partnerships have been forged by the CEA for a total of 26 million euros, including a solar desalination unit developed with Veolia.

"Our bet is that innovation makes it possible to reduce costs at all stages of production, to make solar competitive," says Pierre Joubert, head of the antenna to the direction of technological research, CEA Cadarache. "On the technology concentration, there is no viable competitors. Our goal is to develop a sector in France. "

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Ikea for 30 years would have dreamed, best advertising. But a month after the revelation of illegal policing practices of employees and customers by Chained Duck and Mediapart, the direction of Ikea France wants to show it has taken stock of the situation. Vanoverbeke Stefan, head of the French subsidiary of the Swedish furniture giant yesterday presented its action plan and its working group to improve the image of the group being undermined by the discovery of internal mails mentioning the use of private detectives and the font file. Activities that led to Ikea France sidelined several top executives, including Jean-Louis Baillot, CEO of the subsidiary at the relevant time. "An internal audit by an independent firm has established that there had been research practices of information not consistent with our values. This is unacceptable and I regret it, "said Stefan Vanoverbeke. The current owner is careful however to discuss the future of the people involved to "preserve the presumption of innocence" and leave the floor of Versailles, seized by the CFDT union, do his job. "It is up to judges to say what is illegal or not. We just want to cooperate, "he said.

A pilot initiative

And as proof of his goodwill, Ikea France, which has already seen its headquarters raided and visited by the CNIL (National Data Protection Authority) in its stores, plans to give the prosecution the findings of its internal audit. But it is mostly a working basis for a group of four managers responsible for "strengthening the values ​​and ethical standards." "It's not an excuse but it does not direct a company of 10,000 employees as a company that has only 500 easy payday loans. The findings of the survey showed us that our way of working no longer fit our size, "explains Stefan Vanoverbeke.

Ikea already had a code of conduct but the group had been working to develop a global charter. Irregularities discovered in France gave a good boost to the initiative, even if the boss of Ikea France considers that there is "no reason to believe that such practices occurred in other countries where group is established. " No investigation has been carried out elsewhere. "France will be a pilot," he says. Beginning in June, the working group should thus be able to make concrete proposals for reforming corporate governance, support managers and staff, recruitment of technical change but also monitor compliance with the group values . "We developed this action plan because we want to act quickly to give answers to our employees, social partners and customers. But we hope that these answers are of quality, "says the CEO that all employees of the group can now contact directly by e-mail. For clients, Stefan Vanoverbeke remains attentive to comments left on forums where he received "varying degrees of concern." Not enough empty stores nor sinking sales, however.

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Incident at Free Mobile: late Tuesday afternoon, a number of Free Mobile subscribers showed no longer have network access. Result, can not send SMS or make a call. The situation seemed to gradually return to normal around 19:30. A similar incident had first touched the network on March 2.

"It appears that an incident on a Free network equipment has severely disrupted communications with their customers. Because of congestion, a small portion of calls made by Orange customers was affected but the situation quickly returned to normal for Orange customers, "said a spokesman of Orange, stating that" the contract of Homelessness is not involved cash advance america. "

For several weeks, specialized sites mention problems of interoperability between 18h and 20h, preventing subscribers Free to join their correspondents. On 01net, the professionals argue the thesis of a "saturation of interconnection links between the network and the Orange Free".

Iliad, parent company of Free, threatened to sue "anyone denigrating the reality of its coverage or its investments." Last week, it recognized with the specialized site PCINpact that the problem existed, saying it depended on the regions. Free, however, ensure that "all of the added capacity."

The French are discouraged before they even take steps to resolve a dispute. It is thought that nine out of ten surveyed by Ipsos for the first edition of the barometer Axa legal protection. Justice remains an unknown for most of them: 80% do not know who to turn to know their rights, and 97% believe that the justice system is difficult to understand.

Worse, seven out of ten French think they have no financial means to defend themselves. Godsend for the legal protection insurers, which offer information in their contracts, and if necessary support – within limits – of legal fees. According to the Ministry of Justice, the cost of resolving a dispute is on average 200 euros for the costs of bailiff, 500 euros for an amicable and 1500 euros to cover attorney fees for a procedure .

Family, an area seldom covered by insurance

The French think that the main sources of conflict are employment, housing and the Internet. In fact, the most common disputes relate primarily to the housing (25%), led by neighborhood problems and relations between landlord and tenant, and Internet purchases (24%). Relations with the employer is not a priority (23%).

Numerous disputes also affect the field of family (divorce, inheritance …). But legal protection insurers rarely venture in this field. Axa Protection legal disputes of this nature are supported only if the client has signed the contract the more upscale, costing between 140 and 300 euros per year, much higher than a domestic contract classic (63 euros per year).

The insurer, like others, offers customers a hotline: a lawyer tells them about their rights and answered their questions. This service receives 175,000 calls a year. The insurer sees submit 36,000 new claims per year, most amicably resolved.

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The worst of the debt crisis past, the "peripheral countries" do not enjoy all of the lull. Italy borrows almost three times cheaper than Portugal, the country most at risk in the euro zone, after Greece, according to the markets.

Began in December by the massive injection of liquidity by the ECB, relaxing on the yields of government bonds has increased with the green light to the second bailout of Greece. But it did not erase the differences. The gaps widen, reflected changes in interest rates. Italy clearly winning out with a cost of borrowing to ten years, which is strongly relaxed since early January, falling below 5% – 4.83 yesterday – against 7.5% last November. For the first time in months, Italy borrows cheaper than Spain.

Emissions Italian week confirm this relaxation. Wednesday, the Italian Treasury has borrowed 6 billion euros, the maximum, at rates much lower: 2.76% over three years, against 3.41% in mid-February, and 4.30% over seven years, against 5.81% last October. "The decline in yields is in itself a source of very substantial improvement in the situation of the country, which suffers mainly a problem of debt burden (1900000000000)," said Patrick Jacq, rate analyst BNP Paribas. This is the effect Mario Monti. Thanks to the reforms announced, the curves were reversed ten years between Italy and Spain.

New help

Despite the massive purchases of Spanish debt on the ECB funds at year end, Spain just to reassure markets. The upward revision of the deficits from 2011 to 8.5% of GDP and the trade snatched from the Ecofin on Tuesday on a new deficit target for 2012, 5.3% instead of 4.4% worried investors. The Government Leader Mariano Rajoy, who campaigned for 5.8%, ruled yesterday the new EU objective "reasonably accessible" even if it involves an effort further 5 billion euros.

The dunce cap comes in Portugal, whose rates exceed 13% ten years, despite the level of EU support, the IMF and debt purchases by the ECB. The cost of borrowing is too high for Portuguese expect a return on the market in 2013. So, the rumors about a second bailout or restructuring of debt is increasing. The European Commissioner for Economic and Financial Affairs, Olli Rehn, was expected Wednesday night in Lisbon to take stock of the nation's finances with the Prime Minister and Minister of Finance.

Berlin: 22 billion for the European fund

The German government approved Wednesday by the Cabinet, the on-call rescue the euro area. The European Stability Mechanism (SPM) has a $ 500 billion of lending capacity and 80 billion euros of capital. He will take office on July 1. Germany is the largest contributor of TSS.

Berlin will provide 21.7 billion euros in capital and more than 150 billion euros in the form of loan guarantees. Germany must pay 8.7 billion euros this year. Which will require a supplementary budget. The MES will be submitted to the Bundestag and the Bundesrat, which represents the regional states.

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In a mobile market completely disrupted by the arrival of Free Mobile, Bouygues Telecom said it had lost 159,000 customers, of which 134,000 went to Free Mobile. This represents 1.4% of its fleet of 11.3 million mobile customers. Last week, Orange announced that it had lost, for its part, 201,000 mobile customers in total, or 0.7% of its fleet.

Result, Bouygues Telecom expects a decline of 10% of its turnover in 2012 to 5.14 billion euros. The arrival of Free Mobile is not the only cause. Martin Bouygues, CEO of the group, also cited pell-mell "regulation, the end of the differential termination, terminal costs, Chatel law which is one of the most protective for the consumer."

To resist, the group announced a plan to reduce costs this year. "Our goal is a plan to save 300 million euros, which will be achieved in part through new commercial offerings but also using our flexibility on external loads," said Martin Bouygues. The group, which has 9,800 employees in late 2011, should not undergo abrupt reduction of the workforce. "By cons, what is clear is that staffing levels, recruitment Bouygues Telecom are completely blocked (…). We will let the natural decline to do, "he said, adding that cost savings could affect contractors, subcontractors and suppliers.

"Free Mobile makes the cuckoo"

Bouygues Telecom is also focusing on innovation. The group decided to have a strong positioning in the offers "bare" (without telephone and commitment, 100% web) with B & You, and with the offers services through Eden. It will market its new box with the Sensation "the most powerful processor market and offers the largest VOD thanks to agreements with TF1," said Martin Bouygues. He announced that the band would embark on the next generation mobile (4G) this year and was pleased to have obtained frequencies' en o "- in the band 800 MHz – stressing" they allow a very good coverage inside buildings. "

Martin Bouygues has admitted that the offer of Free Mobile was very aggressive. "But it is by no means a reflection of its production costs. Free Mobile is the cuckoo on the Orange network, he said. The telecom industry is a fixed cost. If someone could have a variable cost structure, if there was distortion of competition, it would in my view extremely serious, "he added, without elaborating.

On the roaming agreement that allows to use the Free Mobile network Orange, Martin Bouygues considers it "would not be unusual that this contract be made public, since the two competitors know, and two others not." All these topics should be discussed at the meeting between Martin Bouygues Telecom and Constable (ARCEP). "If we must suffer and die, it will be the fault of the regulator," he concluded.

Yesterday, Bouygues share lost 2.09%, to 23.88 euros, while the action Iliad (Free) clôturait on a record 99.55 euros, up 2.10%.

]]> http://amarnathindustries.com/134000-bouygues-telecom-customers-left-at-free/feed/ 0 http://amarnathindustries.com/deezer-looking-for-money/ http://amarnathindustries.com/deezer-looking-for-money/#comments Fri, 24 Feb 2012 04:16:04 +0000 admin http://amarnathindustries.com/deezer-looking-for-money/  

Deezer is seeking to raise between 50 and 100 million euros, showed Les Echos. The site for listening to music online is doing the rounds of investment funds to continue financing its ambitious international expansion strategy.

Orange, who had taken 11% stake in Deezer in August 2010, should not call the pot. For the telecom operator, the integration of a range of music in its subscriptions is essentially a "marketing advantage", says a close case.

Deezer, however, sees its financing needs explode as it launches in new countries or new terminals. Each time, the service must make further advances to the music majors, who often index their demands on the size of their partner.

This is also why the Swedish Spotify, Deezer competitor in France, seemed to leave in search of money, in the last Midem, just a year after raising $ 100 million on a valuation of $ 1 billion.

Valuing Deezer should not reach such heights. According to Les Echos, the site expects a value of 500 million euros, "ten times its 2011 revenues." The latter is however mostly generated by subscriptions of Orange, who had entered the capital on a valuation of Deezer … 80 million euros.