After stealing a vehicle, the insured must receive a settlement offer from the insurer within 30 days. The amount of compensation is the estimated value of the vehicle during flight. If, after this period of 30 days, the vehicle is recovered, the insured can choose between:

-Keep compensation from the insurer and give the vehicle

-Recover the vehicle and refund the compensation to the insurance company. Where appropriate and subject to the safeguards in the contract the insurer will take over the repairs necessary for its restoration.

Namely: if the vehicle is recovered before payment of compensation, it must be based on the amount of any necessary repairs.

Settlement period for property damage

In case of damage the delays are different. Indeed, the insurer then has three months (from the claim) to make a settlement offer. The compensation must then be paid within a month.

Where a claim is caused by a natural disaster, the regulation of the latter must be made within 3 months following the publication of the interministerial decree in the Official Gazette.

Settlement period for personal injury

In this case the insured should receive an offer of settlement from its insurer within eight months after the disaster instant credit report. If the insured dies after the disaster, his beneficiaries should receive a settlement offer from the insurer within the same after their claim. The compensation must then be paid within a month.

Non-compliance with these deadlines

If the insurer does not meet the deadlines related to the settlement offer and the settlement itself, the insured may consider legal action. Indeed, if the settlement offer was not made within the period, the compensation due interest income on the basis of twice the legal interest rate. Interest is calculated from the expiry of the deadline until actual settlement of the claim or the final judicial decision.  

If the payment of compensation is not made within the time allowed, the compensation also produces interest:

-Based on the guideline plus 50% during first 2 months after the deadline,

-On the basis of twice the legal rate after expiry of 2 months.

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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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The debt crisis in Europe continues to impose experiencing this ritual to Angela Merkel and her center-right coalition. As in the previous six votes, in which MPs have urged the German solidarity towards the euro area, the approval by the Bundestag of the second bailout Greek turned yesterday at Calvary for the Chancellor, threatening its majority an existential crisis. Monday, she called politicians to approve the plan of 130 billion euros, for which the German contribution will be $ 35 billion, saying any other way "irresponsible" as the risks of bankruptcy of Greece are "incalculable ". However, Merkel has obtained the ratification of the Bundestag that through the voice of the opposition, throwing his government in limbo.

"The risks of turning away from Greece are incalculable, Merkel warned before the elected lower house of Parliament. Nobody can anticipate the consequences of the German economy, on Italy, on Spain, on the whole euro area and for the world "would have a bankruptcy of Greece. "I can not throw myself into the adventure, my oath forbade me," she said. Before insisting once again on the dramatic challenge: "If the euro fails, Europe is lost. If the euro wins, Europe wins. "

The Bavarian conservatives had turned up the heat in recent days by calling to stop pouring money into "a bottomless pit." Many elected Merkel of the CDU feel that Greece is a "lost cause". Result: The Chancellor received only 304 votes out of 311 needed to gather his own majority. The humiliation is even larger than the text was adopted by an overwhelming majority of 496 deputies, with the votes of the opposition instant payday loan. Some elected opposition will surely call early elections. For doubt now weighs on the viability of the Merkel government by the next legislative elections in 2013.

Soothe the discontent

The conservative chancellor acknowledged that "the path that opens before Greece is long and certainly not without risk." "This also applies to the success of the new program, no one can give guarantee 100% success," she added. His finance minister, Wolfgang Schäuble warned MPs in a letter last week that it was probably not the last time they had to look at the Greek case. "The Bundestag will vote a third package for Greece," predicted Steinbrück for his part, is the opposition Social Democrats, during the parliamentary debate.

To try to calm the discontent in his camp (conservative CDU / CSU and liberal FDP), the Chancellor reiterated that his Government had "no need for a debate on increasing the volume of rescue mechanisms" to work (EFSF) and future (MES). A response to the demands of the G20, the last weekend, which was insufficient to convince its members. Following the appointment of a consensus candidate wanted by the opposition, Joachim Gauck, as president, Merkel cash their second defeat in a week.

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"Kleftes! Thieves! "The insults burst forth in the processions of anti-austerity protesters in the streets of Athens these days. The Greeks win against a political class accused of making no sacrifice while officials have seen their wages blend of 20% and expects the same treatment as private sector employees. MPs in particular are accused of refusing to lower their pay by 10% at the height of the crisis in 2011.

"Until now, politicians have not been transparent about their incomes and citizens suspect that considerable sums are spent for miscellaneous expenses, or that MPs employ family members as assistants," says Nick Malkoutzis a, journalist with the daily Kathimerini.

The Easter bonus deleted

MEPs, however, made a few sacrifices. The 13th and 14th month salaries were eliminated, as in the rest of the civil service in 2010. Last July, the attendance fee paid for participation in a meeting of the 34 parliamentary committees was reduced to 150 euros, against 245 euros before. Premiums Easter, Christmas and holidays have been removed, additional taxes created. These measures have melted the monthly salary of 3375 euros per head on average, according to elected officials.

Parliament said today that the gross monthly salary now stands at 8,221 euros, 4,231 euros after taxes. Are aligned with the highest salaries of public service. In comparison, a French MEP wins 5189.17 euros net. Still, the Greek Parliament plans to spend 34.2 million euros in 2012 for salaries, including bonuses and other compensation. What assure members a sum of 9500 euros per month, plus office and secretarial included.

The difference, ultimately, does not seem huge with the situation before rigor sets. Last December, Parliament has in fact published on its website, for a few days, the tax returns for 2009 of 300 MPs. It was to answer charges of opacity.

Income gaps

Salaries, allowances, current accounts, real estate, and other financial transactions in this document. It shows that in 2009, elected a ten won more than 9,000 euros per month through its sole parliamentary activity. What must be added, for some, a second salary (in Greece, one elected is entitled to retain his original job posting) as well as income potential spouse. Then the gaps widen between the richer members of the assembly (six of them earned more than 33,000 euros per month) and more modest, saying some 2,025 euros monthly income for their household.

"While the debate on the wages of 300 Deputies Greek is symbolic. They represent only three thousandths of the state budget. But the political class has missed the opportunity to cut its own salaries along with those officials, two years ago, analyzing the Greek-Swiss historian Nikolas Bloudanis. It would have been a symbolic gesture extremely important. "Times are changing: this week, for the first time, an elected, Dora Bakoyannis, head of the small liberal party New Democracy (four members), has proposed halving the salaries of parliamentarians .

How much do Greek political leaders

George Papandreou. Photo credits: JOHN KOLESIDIS / REUTERS

Not easy to swap clothes for those of David over Goliath without being criticized. For nearly twenty-five years, Apple has enjoyed the affection – not to speak of passion – to some extent by this small company, the maverick world of personal computers and a thorn in Microsoft Almighty .

In less than a year, Apple acquired the status of the business world's most expensive, top selling smartphones in the fourth quarter 2011, a number of computers at HP (by adding the sales of iPad and Mac) . The Apple brand has always had detractors. Its success has added to criticism, particularly those concerning working conditions in its Chinese subcontractors. These are nothing new, but the good financial results of Apple have redoubled the ardor of his detractors. In late January, the New York Times has published a lengthy investigation dependent, widely broadcast on the Net.

Working conditions of employees of Chinese subcontractors Apple are regularly placed on the hot seat. The U.S. media decry the use of children and failure to follow safety rules (poisonings and explosions occurred in Chinese factories).

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• "Fear is back"

President Nicolas Sarkozy said Thursday in Toulon that "fear has returned," that "for France to lose control of his destiny" in the crisis of the euro area. The Head of State spoke of "this fear that destroys trust" and "that paralyzes consumers, which prevents the investor to invest, the contractor undertaking the boss to hire the banker to lend" , ensuring that "the only way of averting this fear is to tell the truth."

• A cycle of debt

Nicolas Sarkozy announced a "new cycle", that of "deleveraging, which will bring the balance of the economy to work and production that developed countries have tended to sacrifice too."

Dubbed the "rule Buffett," this tax is in terms of reducing the budget deficit that the U.S. president must explain to Congress Monday.Its goal? Ensure that the wealthiest taxpayers pay at least as much taxes as middle-class homes. This is not the case, as pointed out by Warren Buffett this summer, because of certain provisions of the Tax Code.

1200 billion dollars in savings to find

Thus, capital income such as dividends or interest earned by the fund managers are taxed at 15%, while labor incomes are between 10 to 35%. "While the poorer classes and middle classes are fighting for us in Afghanistan, while most Americans struggle to make ends meet month we mega-wealthy continue to benefit from special tax exemptions," wrote Warren Buffett in an article published last month in The New York Times.

This tax should allow Barack Obama to approach a little more of his electoral base of the Democratic Party criticized him his "gifts" to tax the wealthiest people. The Republican majority in the House of Representatives have already announced that he would vote no tax increase.

While the United States must find 1.2 trillion dollars in savings by the end of the year, Barack Obama warned on Saturday the Americans that they would provide "pull their weight" to reduce the budget deficit. And pressed again, the Congress, including Republicans, to adopt his plan for the use of 447 billion dollars. "More games or impasses. More division or delay, "he said during his weekly radio address.

"This is a world first, exclusive service and unprecedented," enthuses Jerome Yomtov, general secretary of Numericable. "We want to bring all the mobile services already on the box at home, at home or abroad called unlimited," he says. Over 100 countries are included in this offer, including most major destinations throughout Europe, the DOM, the United States, Canada, Asia.It is extended to calls to Morocco and Algeria for Numericable subscribers who have subscribed to the "Maghreb More" on the NCbox.

This new offering "world" not only to make calls to landlines abroad, but also to the Chinese mobile, U.S. and Canada. And supply expected to be enriched in the coming months. "You can call the U.S. since its unlimited mobile to 34.90 euros a month. United States, to call a mobile to mobile unlimited is $ 70. In short, it will be cheaper to call the U.S. from France, than to be there! "Said Jérôme Yomtov.

Numericable says the offer will be profitable.While the cost of communications decline in Europe and the world, he found a business model by negotiating agreements with major international operators such as Verizon, Telefonica, Cable and Wireless, Tata Communications.

One way to cut the grass under the feet of Free which means lower prices but also change the mobile uses. "This is the mobile revolution continues," trumpets for days on Numericable Tweeter … which led to his being sued by Free, which considers the term as its slogan identity. Atmosphere!

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The founder of the start-up in 2007 in San Francisco, won each of its actions has 70 voting rights, according to a company document obtained by Bloomberg.It's better than what was originally planned or what has been practiced for IPO social network LinkedIn for business: 10 votes per share for the co-founders.

Thus, Mark Pincus, holder of 16% stake in his company, he will maintain his authority over every decision. This must still be approved by two-thirds of the shareholders, before September 2.

Then Zynga will take his first steps on the stock market and rising, as envisaged from the beginning of the summer, about one billion dollars. If all goes as planned, its market capitalization should be between 15 and 20 billion. The group would become the company most expensive in the world in video games at Electronic Arts (7 cash advance america.3 billion) and Activision Blizzard (13200000000), controlled by Vivendi.Earlier this year, the company was "valued at $ 5 billion," says an expert from PricewaterhouseCoopers.

Reversal of value

It is a real reversal of the hierarchy: the publisher of games for social networks could surpass traditional publishers of games for consoles and PC. Zynga is very profitable with its free games, such as Farmville, CityVille or MafiaWars, which cost little money to design and generate significant revenue. Proceeds from the start-up, with over 2000 employees, results mainly from the sale of real shadow, like a farm, factory or virtual fruit trees, which help the player to progress in his adventure. This model is thriving, thanks to Facebook as "friends" involved of challenges through simple little game.Therefore, Zynga should display in 2011 a turnover of around $ 1.5 billion, with, the key to a net income close to $ 500 million. In 2010, after three years of existence, the company became profitable, with $ 90.6 million in net profits for a turnover of 597.5 million and cash of close to one billion.

Traditional competitors, Activision Blizzard and Electronic Arts, respectively realized 4.44 billion in revenue and $ 3.58 billion.

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