What is the waiting period?
The waiting period is the period at the beginning of the sickness, during which Social Security does not compensate the employee. For those in the private sector, this period is currently three days. They are beginning to reach compensation only from the fourth day of absence. As part of the austerity plan, this period will be increased to four days in the private sector, and one day in the three public functions no fax payday loans. But in practice, only a minority of employees do not receive anything in the first three days, most companies shall bear all or part of the time (see below).
The waiting period have the same impact for all employees?
For many employees, it is painless. According to the Ministry of Budget, 70% of them are covered by a collective agreement that provides for the assumption by the employer of all or part of the waiting period.
Italy does approach the point of no return? Some finance ministers could not help looking up to heaven on Tuesday, after a new camera in Brussels, while two indicators concern for the future of the single currency were turning to red: the level interventions of the ECB to calm the markets and the cost at which borrows the European Financial Stability Fund (EFSF), which constitutes the first line of defense if Italy were to switch after Greece, Portugal and Ireland.
The ministers of the euro seems to have learned anything from their Italian counterpart Giulio Tremonti, who came to Brussels to plead the cause of a Berlusconi government now condemned. "Markets drink the cup for a week, but Rome means the same song," laments a spokesman. Italy, in turn, "enters the vicious circle", continues a senior official.On another front to defend the euro, the EFSF has faced 104 basis points above the rate paid on its debt (3.59%) to place its 3 billion euros of bonds. The bailout fund retains its AAA, but it seems already sealed by the ball Italian. "The cordon sanitaire erected around Greece is showing signs of collapse, 'says a senior official.
Specter of a meltdown
The establishment of the famous "firewall", arrested Oct. 26 at the top of the euro, was precisely the issue of the appointment of the Eurogroup in Brussels. After the political decision, it remains to fill the coffers of the EFSF new way: European budgets are already in the grip and large foreign investors reluctant to buy its bonds in an atmosphere poisoned by the specter of a collapse in Italy.
One week after the personnel of Air France, the SNCF rail workers are also being on strike. Under the impetus of the railway section of the European Federation of Transport Workers (ETF), the CGT, UNSA, the CFDT and CFTC began Monday evening at 20h a protest movement that will end at 8 am Wednesday morning.
Consequence: the traffic is slightly disrupted Tuesday. The TGV normally roll axis except Atlantic routes, where seven out of 10 will be provided. For Transiliens – Paris commuter trains – three out of four trains roll on average during peak hours. As for the TER (regional trains), they are also three sets of four that will work.
The situation was complicated, however, on Tuesday morning in the Paris area RER B cash advance. Surla The RATP staff working on this line have invoked their right to withdraw following the discovery of asbestos on some trains.The traffic of this line is very upset: no train run from the Gare du Nord and Saint-Rémy-lès-Chevreuse (Yvelines) between 10:30 and 16:00, and only two on a train run between 7am and 9am and from 16h .
On the other RER lines operated by the SNCF, the traffic is normal on lines A and E. Two out of three trains running on lines B and C, while 7 out of 10 trains run on the line D.
A journey of two will also be provided on average for the Intercity day, with normal traffic on the routes Paris-Clermont-Ferrand, Paris-Limoges-Toulouse and Paris-Amiens-Boulogne.
Holiday, many employees do not know forget their work. Smartphones and laptops supporting a two-mails regularly consult professionals at these times, for many every day. A sign of the growing influence of the company on its employees? Yes, but not necessarily on its own initiative. A recent study * TripAdvisor for an overwhelming majority of its employees addicts (80%) said to themselves, without solicitation particular employer, which in their words do not even expect that that they work during their holidays.
For a majority of these employees, it is to make a first selection of the many emails received in the meantime. A study of Orse (Observatory on Corporate Social Responsibility) published earlier this month, 38% of employees receive because more than 100 emails per day.The study TripAdvisor has to figure as a disturbing one-third of employees, read emails professionals is the sine qua non for a good holiday. "It is clearly of addiction, said Gerald Demortière, doctor. The employee loses the ability to abstain, to free himself from his business, as a smoker of cigarettes. " The desire to control everything, to feel indispensable, the fear that the important things in our absence to play, grow never win.
Burn-out
The vast majority of employees is estimated not to spend less good holiday so far. But this dependency has its drawbacks. "This adds to stress, and does probably not more effective," said Eric Albert, founder of the French Institute of action against stress (IFAS). Worse, these "workaholics" may ultimately psychic exhaustion.
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Few newspapers have a history as brilliant and desperate that France-Soir. A heroic birth, with the brilliant Pierre Lazareff transforms, at the end of the war, a newspaper born in the underground resistance, Defence of France, in large tabloid. Shattering debut, with prints that quickly reach over a million copies. Illuminated by a succession of prestigious feathers. A slow but inexorable fall, punctuated by numerous changes in ownership.
France-Soir has become the first French daily Liberation from. Acquired by Hachette in 1949, the newspaper saw its heyday in the 1950s and 1960s. He crossed the bar of a million copies in 1953-1954, while France mired in the wars of decolonization in Indochina first, then to Algeria.The French go to the front and France-Soir draws more than 1.5 million copies. A banner on the front proclaims: "The only daily selling over a million copies."
By dint of scoops of hard-hitting headlines and large photographs, France-Soir is a reference. "Pick the world in a day and throw it to the men every morning," the newspaper endorsed this definition of journalism by Joseph Kessel, who covered the trial of Petain and Nuremberg. The anthology pieces by Lucien Bodard, Françoise Giroud, Jean Philippe Labro Ferniot or alongside the venomous "Gossip gossip of" Carmen Tessier, the soap with rose Angélique, marquise of angels and the "facts div" sordid as the Dominici affair. The cocktail is perfect.
At the height of his fame, France-Soir is working out up to 400 journalists and eight editions per day.Sales over two million copies in November 1963, after the death of John F faxless pay day loans. Kennedy and after the November 1970 General de Gaulle.
The tide is turning in the 1970s. When Lazareff died in 1972, the daily press is beginning to be shaken up by radio and television. The editorial line is less clear. Like its competitors, France-Soir tabloid balance between the Anglo-Saxon and the general log. Frequent changes of shareholders from that time do not help matters. The "avid reader" Robert Hersant, which then has to Le Figaro, took control of France-Soir in 1976. First bleed to the editor that loses 80 of 200 journalists … But in 1983, the distribution still falls to 400,000 copies.
Following is a series of stimulus packages and restructuring.Between 1982 and 2004, eleven editors will succeed at the bedside. In 1998, Yves de Chaisemartin, who told Robert Hersant the keys to Socpresse, the paper goes tabloid significantly lowering the selling price. But the title is seriously deficient. It changed hands in 1999, 2000 and 2002. Philippe Bouvard, who has officiated in the newspaper between 1973 and 1989, then back at the helm. France-Soir +, refocused on television and sport, does not return to its glorious past.
Bloodless, without cap, France-Soir is placed in receivership in late 2005. The following year, the newspaper was bought by the developer Jean-Pierre Brunois. Journalists on strike brandishing leaflets "Bal tragic in court: 80 dead." Inspiration always comes from English tabloids. But the newspaper has lost the recipe for success.The two stimulus packages Alexander Pugachev, who acquired the newspaper in 2009, failed to reverse the trend.
From our correspondent in Berlin.
The green wave that swept across the Rhine after the disaster atomic Fukushima is a capitulation to the first industry group. The German industrial giant Siemens has given up on Sunday at his activity in the nuclear dead end since it considers the abandonment of the atom civilian in Germany. While Berlin has decided to close the seventeen German nuclear power plants by 2020, Siemens decided to enroll in the federal government's strategy and to strengthen further in the field of renewable energy.
"Chapter nuclear ended for us," said Peter Löscher, CEO of Munich, the weekly Der Spiegel. "We are more involved in the total management of the construction of nuclear power plants or in their financing.In the future, we will continue to deliver conventional parts, such as steam turbines (…), found also in the central gas or coal, "he said.
After the emotion aroused in Germany by the catastrophe of Fukushima, the German government decided in March to immediately stop the older reactors and then condemn others by 2022. "That changed things for us," acknowledged Löscher. Prudent, he was one of the few in Germany in 2010 not to sign an open letter from the heavyweights of the German economy demand a longer duration of use of nuclear power plants. Löscher called a "project of the century" turn energy taken by Germany. And he considers attainable goal to move to a 35% share of renewables in the "mix" German in 2020.Siemens, diverse group in the transport, household appliances or medicine, is already a world-class champion in wind energy.
The decision seems even more logical that Siemens has never been lucky in nuclear energy. In 2009, the Munich group was forced to announce his break with the French nuclear group Areva and sell its stake, amounting to 34% of shares in the subsidiary Areva NP reactor. Sued for breach of its contractual obligations, Siemens was ordered to pay 648 million euros of interest to Areva.Unable to further develop this cooperation because of political opposition on the part of France, Siemens had preferred to turn to Russia and had begun discussions with Rosatom in March 2009, in a context of international nuclear renaissance.
Bill up 10%
Sunday, Löscher also bury the proposed joint venture with the Russian public group in the Rosatom nuclear. "Both groups are still very interested in a partnership. But it will focus on another area, "he added.
The abandonment of the German nuclear announced dealt a severe blow to major energy companies across the Rhine. While their foreign competitors reaping profits, E. ON and RWE, the two main operators of nuclear power, have announced plans for cost savings and layoffs.Germany is now reduced to importing nuclear energy produced under safe conditions, in neighboring Czech Republic. Result: the energy bill has increased by 10% in a few months.
The Paris Bourse succeed does bind to a fourth straight increase session on Thursday? nothing is less certain. At the opening, the CAC 40 showed an increase of 0.50% to 3273.05 points. But soon, the benchmark index in Paris fell into the red. Around 10:30, it loses 0.76% to 3232.15 points.
The reversal was also performed in London, the FTSE-100 lost 0.56% to 5364 points while the Frankfurt Dax 1.57% to let go of 5693.76 points.
On Thursday, investors are wait-until a series of indicators in the United States. On the menu: the Monster Employment Index and weekly jobless claims before the highly anticipated monthly employment report on Friday.Productivity in the second quarter and is expected construction spending and ISM manufacturing.
In the euro area, the final manufacturing PMI contracted in August for the first time since September 2009 due to a fall in output and new orders. The index calculated by Markit PMI final spring to 49.0 in August, against an initial estimate of 49.7 and after 50.4 in July. The German manufacturing sector slowed in August, including at its lowest in almost two years, to 50.9 after 52.0 in July.In France, the PMI industry has returned to 49.1 against 50.5 in July, an even sharper decline than that reflected by the flash estimate of 49.3 issued two weeks ago.
Also in France, the unemployment rate as defined in International Labour Office (ILO) decreased slightly by 0.1 points in the second quarter to 9.1% on average in metropolitan (9.6% including the departments of overseas), according to data seasonally adjusted (SA) Interim released Thursday by INSEE.
Yesterday, the Cac 40 ended on a strong growth of 3.07% allowing it to pick up 3250 points. And signals from Wall Street, which also ended the month of August on an increase of 0.46% are good.Also this morning, Asian markets generally appear in the green, backed by the index of manufacturing activity in China has reached 50.9 in August, against 50.7 in July.
Investors seemed reassured by the Fed to continue to support that ensures the growth of the United States by a new policy of monetary easing. These remarks, made during the last minutes of the meeting of the Monetary Policy Committee, reinforce those of the Federal Reserve chairman, Ben Bernanke, who on Friday called the elect to make fiscal stimulus measures to complement the action of the bank Central.
As for the oil markets, a barrel of "light sweet crude" for delivery in October gained 21 cents to 89.02 dollars in morning trading and a barrel of Brent North Sea crude for October delivery climbed 29 cents to 115 , $ 14.On the currency markets, the euro fell slightly to 1.4358 dollar.
Values to follow
Banking
Greek debt is out of control and the measures taken by the government can not restore the finances, the report of an independent parliamentary commission on Wednesday. The bank responded by piecemeal: Societe Generale gained 1.37% to 23.75 euros, Natixis 0.39% to 2.80 euros, BNP Paribas 0.21% to 35.94 euros. Crédit Agricole down however from 0.94% to 6.75 euros. Axa loses 0.45% to 11.13 euros.
Peugeot: -1.92% to 20.92 euros, Renault: -1.99% to 27.77 euros, Michelin: -1.77% to 50.09 euros
The new car registrations were up 3.2% in August.But sales of SAP were down 3% and 1 direct payday lenders.4% of Renault.
Sanofi: -0.47% to 50.42 euros
The group reached an agreement with Pfizer to produce generic versions of Lipitor cholesterol before the star of the American group from falling into the public domain, writes Les Echos newspaper on Wednesday.
Total: 0.12% to 34.03 euros
The National Transitional Council (CNT) Libya has promised to give to France 35% of crude oil from Libya in exchange for recognition of its legitimacy Paris, Liberation reported Thursday.
Iliad: 2.85% to 85.93 euros (largest increase in the SBF 120)
The internet service provider reported in the first half of 231,000 new subscribers under its brand Free (excluding Alice), a market share of 36% and saw its EBITDA margin to improve by a , 4 point to 40%, or 416.4 million euros on sales of 1.04 billion (+2.6%).
France Telecom: 0.26% to 13.33 euros
The U.S. administration has initiated legal proceedings Wednesday to block the sale of Deutsche Telekom's U.S. subsidiary T-Mobile to the giant AT & T for reasons of respect for competition.
Pernod Ricard: -1.54% to 61.54 euros
The French producer of wines and spirits, announced Thursday a 10% increase in net profit for the year 2010-2011, exceeding for the first time the billion euros.
Eurazeo: -2.38% to 38.71 euros
The investment company said Thursday in a loss of 106.3 million euros in the first half due to losses on derivatives and goodwill
GDF Suez: -0.41% to 21.86 euros
The group said it had completed the acquisition of gas storage sites in Germany.
Eiffage: -7.08% to 31.50 euros
The new CEO of the group does not preclude the sale or closure of loss-making subsidiaries to consolidate the early resumption of the performance of the construction group observed in the first half.
Saint-Gobain: -0.94% to 34.70 euros
The group announced it would invest $ 100 million (69.41 million euros) in the United States to create a factory specializing in the manufacture of ceramic balls ("proppants") used in wells oil and gas.
Latécoère confirms its objectives
Lagardère: -8.67% to 21.74 euros
The group was forced to significantly revise down its forecast for operating profit for 2011 because of the difficulties encountered by the sports center in the first half.
Maurel et Prom: 1.73% to 14.73 euros
The group took the first half of the increase in its oil production and high prices in oil prices to clear the results up sharply.
Guyenne et Gascogne: -3% to 86.09%
The group reported a loss in the first half, the franchisee of Carrefour have been penalized by its subsidiary Sogara whose accounts were affected by several non-recurring items.
Latécoère: stable to 10.77 euros
The group, whose net income rebounded sharply during the first half, confirmed its targets for operating profit in 2011 and 2012.
Theolia: 10.48% to 1.16 euros
The group reported Wednesday a recovery in its interim results, the French wind power has reduced its interest expense over the period, particularly through the conversion action of nearly two million of bonds.
After market, Neopost will publish its revenue for the second quarter and Stallergenes results for the first half.
Attention is on Monday that the PV for non-payment of parking up in all cities in France. Fines will now be € 17 instead of 11 euros, an increase of over 55%! According to the decree of the Ministry of Justice published Wednesday, July 27, 2011 in the Official Journal, the fine of 17 euros suppress "the non-compliance with paid parking," or "stopping or parking in a opposite direction to traffic. " It took about a year for MPs and government agree. Initially, the Finance Committee of the National Assembly had called for a more sustained recovery by adopting an amendment to the UMP Gilles Carrez, president of the local finance committee (LFC), carrying a fine of 20 euros to encourage drivers to have "virtuous behavior".Some elected officials suggested that limits the increase to 15 euros while the City of Paris had called for a penalty of 35 euros.
The government has finally won the decision by setting the value of what is familiarly called the "plum" at 17 euros. The announcement was made on February 8 by Baroin, then budget minister. This increase was long requested by local officials, who denounced a shortfall, either for PV or timestamps as revenues of the two to them. Record to justify this increase, the government put forward a rate unchanged since 1986 (75 francs or 11 online payday loans.43 euros).
"Measure of a pedagogical"
Pélissard Jacques, president of the Association of Mayors of France (AMF), a member of the finance committee of the National Assembly, who participated in this project.He explains: "The fact that there was no change for twenty-five years is extremely rare in the French political and economic landscape." According to the chairman of the MFA, this provision is twofold. First, it is a "measure of a pedagogical" since the price increase of the fine will again act as a deterrent, which was not the case for a long time with fines of 11 euros. Drivers prefer to park their vehicles without paying the parking meter by accepting the risk of being verbalized (although this is particularly common in large cities) because it exists in France a practice not to reprimand the same driver twice in the same day.
Second, the interest is "economic", since 53% of the total return of the fine to fund local government, while 47% accrues to the state.With these increases, the additional revenues are estimated at 36 million euros, given that last year the total proceeds of fines levied by municipalities for bad parking was 600 million euros (up 30% over 2009).
The earthquake of March 11 in Japan can be seen in the accounts of the mobile phone manufacturer Sony Ericsson. Controlled equally by the Japanese Sony and Swedish Ericsson, the joint venture made a loss of 50 million euros in the second quarter, the first for over a year. Its turnover was also affected, falling 32% to 1.19 billion euros.
"The impact of the earthquake has had an impact on the supply chain and delivery of approximately 1.5 million product especially at the beginning of the quarter," said the Swede Bert Nordberg, CEO of Sony Ericsson. Its mobile phone sales declined to 7.6 million units. What Sony Ericsson should immerse the tenth largest in the world.
Already, the whole of 2010, the group had fallen to sixth place, because of Apple's breakthrough in the rankings, according to research firm Gartner.Then, in the first quarter, Sony Ericsson has continued its descent into hell to register for the ninth World manufacturers. The thrust of the champions of smartphones such as Apple, Samsung, Research in Motion, which manufactures the BlackBerry, and the Taiwanese HTC, very involved in the smartphone using Google's Android, partly explains the loss of land. However, even the American and Chinese ZTE Motorola went to Sony Ericsson.
Play the card Android
Xperia product line, totaling 16 million units, has been slow to be renewed, which explains the loss of land until the first quarter of 2011. However, recent losses do not affect the strategy of the joint venture. This is a "hiccup." "We do not change our goals, plans or anything.We see a great demand for our products and we approach the last two quarters in a very positive, "said the boss of Sony Ericsson. The focus on Android, the Google operating system for smartphones, the most sold in the world. Already 70% of its sales of smart phones, designed to connect to the Internet, are equipped with Google software. Sony Ericsson claims therefore about 11% of the global market segment. Bert Nordberg hopes to achieve, ultimately quarter sales of Google Phone in the world. But it does not specify when this should occur.
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From our correspondent in London
British Prime Minister David Cameron faces his first big Thursday-day strike in the public sector as opposed to pension reform. Approximately 600,000 employees of which a majority of teachers and members of the Border Police should follow suit, causing the closure of thousands of schools in the country and major disruptions at airports.
Trade unions in the public protest against the passage of the retirement age for all staff to 66 by 2020 (it was already 65 years for men and 60 for women) and against the increase in taxes for pensions.
"This will be the biggest social movement since the general strike" of 1926, promised Dave Prentis, general secretary of Unison, the largest union of public service.The country will certainly not be stopped during the great miners' strike of 1926 since the work stoppage will last only twenty-four hours and will not be extended. However, the subject of pensions involves all teachers.So much so that for the first time in 127 years of existence, the union moderate the association of professors and teachers in higher education (ATL), which has many contributors in private schools in the UK, called on its members to participate in a work stoppage at the national level.
800,000 new employees in Blair
During the session of questions to Prime Minister on Wednesday in the House of Commons, David Cameron said "there was no justification to strike as negotiations are still ongoing with the unions guaranteed fast personal loans." But the discussions last minute held Monday at Whitehall with the union representatives were far from successful.The Chancellor of the Exchequer George Osborne is absolutely not ready to make concessions on a reform he described as essential to provide the balance of the pension system, weighed down by the recruitment of 800,000 new staff under Tony Blair . The Ministry of Finance has estimated 10 billion pounds (11 billion) the cost to taxpayers of a postponement of the pension reform.
The austerity is, indeed, the slogan of the coalition led by the Conservatives with the Liberal Democrats since last year. The goal that David Cameron has established with the support of the Deputy Prime Minister Nick Clegg is to eliminate substantially all of the public deficit by 2015, making 81 billion pounds of budget savings over the period.The drastic reduction of public spending is accompanied by a wage freeze for two years and the removal of more than 300,000 jobs in the public service. The main public service union, Unison, has not joined the social movement Thursday, for procedural reasons but promised a seamless mobilization of its 1.2 million members in July and next fall if the government made no concession.
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