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		<link>http://eaforum.org/354/</link>
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		<pubDate>Sun, 27 Nov 2011 14:31:56 +0000</pubDate>
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		<description><![CDATA[ An error of a few grams but is heavy in the wallet of the consumers. At the request of the Minister of Industry, Eric Besson, thirty center agents associated with the regional business competition, consumption, labor and employment (Direccte), inspected the measuring devices of 2800 semi-wholesalers and wholesalers (20% of the sector) during the [...]]]></description>
			<content:encoded><![CDATA[<p> An error of a few grams but is heavy in the wallet of the consumers. At the request of the Minister of Industry, Eric Besson, thirty center agents associated with the regional business competition, consumption, labor and employment (Direccte), inspected the measuring devices of 2800 semi-wholesalers and wholesalers (20% of the sector) during the months of September and October. Objective: To verify that the threads of clementines or roast veal in trays are much the weight indicated. More than 9000 scales, sorters, wrappers and scales were inspected. The results are edifying. According to the Saturday edition of Le Parisien-Aujourd&#39;hui en France, a five-machine would be set incorrectly, often at the expense of the customer. </p>
<p> Experts allow a margin of error of 1 gram per kilo.According to Marc Le Parco, national coordinator of the verification campaign, was quoted as saying. The slightest irregularity can quickly take on dramatic proportions. Few grams of each product purchased and the financial impact is significant for the home &#8230; especially in times of crisis where some households are very fragile. </p>
<p> Cell specific investigation, however, that this dysfunction is not necessarily a desire to mislead the customer. In most cases this is due more to negligence because companies often delay their legal control instruments, or even eventually forget them. Initially, agents are content therefore to discipline professionals. A record is then written in the second offense.</p>
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		<link>http://eaforum.org/349/</link>
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		<pubDate>Sun, 13 Nov 2011 14:32:09 +0000</pubDate>
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		<description><![CDATA[ This will be the event of Dubai Airshow, which opens Sunday for four days. Quest Helicopter, a subsidiary of Quest émiratien Invest funds, must disclose this Saturday a draft civil helicopter. The machine whose code-named &#34;Project Q&#34; will be developed from a Ukrainian technology and also mobilize resources and émiratienne British engineering. It will [...]]]></description>
			<content:encoded><![CDATA[<p> This will be the event of Dubai Airshow, which opens Sunday for four days. Quest Helicopter, a subsidiary of Quest émiratien Invest funds, must disclose this Saturday a draft civil helicopter. The machine whose code-named &quot;Project Q&quot; will be developed from a Ukrainian technology and also mobilize resources and émiratienne British engineering. It will be assembled in the United Arab Emirates (UAE). And ensure its promoters, it will meet the certification standards European émiratiens and Ukrainian. Quest Helicopter promises commissioning end of 2013. </p>
<p> &quot;Project Q&quot; is the first program launched by the UAE aviation, and more generally by an Arab country. For many exhibitors Western the 2011 Dubai Airshow marks the transition to a &quot;new era&quot; in the region.This agreement has resulted in the creation of Strata, a parts plant in composite fuselage, the first of its kind in the Gulf, al-Ain, the second largest city in the emirate <a href="http://paydayloans-on.com">cash till payday</a><!-- . -->. Airbus Strata book for a year and contributes to the manufacturing of the future long-haul A 350 XWB. </p>
<p> A key market
<p> Mubadala made its partner EADS to build &quot;an aviation hub&quot; &#8211; he also started a maintenance activity &#8211; but not exclusive. Other agreements have been signed with Boeing and Finmeccanica via the Austrian FACC, subcontractor joint U.S. and Italian groups. </p>
<p> &quot;EADS accompanies the movement of industrialization that develops at the option of off-sets (note: local counterparts) negotiated as part of commercial contracts,&quot; says one in the group. Airbus, like Boeing, must agree on a cost-effective industrial return in the country.</p>
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		<title>The Paris Bourse plunges because of Merkel and Italy</title>
		<link>http://eaforum.org/the-paris-bourse-plunges-because-of-merkel-and-italy/</link>
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		<pubDate>Sat, 05 Nov 2011 07:09:36 +0000</pubDate>
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		<description><![CDATA[ The week ended as it began in the Paris Bourse: down sharply. The index yielded 2.25% at 3123.55 points Friday and 6.53% for the week. London yielded 0.33% and 2.72% Frankfurt. The last five trading days have been eventful. Markets had initially plunged after the surprise announcement of the referendum in Greece. On Tuesday, [...]]]></description>
			<content:encoded><![CDATA[<p> The week ended as it began in the Paris Bourse: down sharply. The index yielded 2.25% at 3123.55 points Friday and 6.53% for the week. London yielded 0.33% and 2.72% Frankfurt. The last five trading days have been eventful. Markets had initially plunged after the surprise announcement of the referendum in Greece. On Tuesday, the CAC 0 was 5.38% in currency a record for a holiday close to 5 billion euros. Optimism returned Thursday afternoon after the Greek Prime Minister George Papandreou raised the possibility to withdraw the draft and for the surprise decision of the European Central Bank lowered its key rate.</p>
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		<link>http://eaforum.org/346/</link>
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		<pubDate>Sun, 30 Oct 2011 01:25:56 +0000</pubDate>
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		<description><![CDATA[ April 2012: fifty-four nuclear reactors in Japan are at a standstill. Not a nuclear power plant does not produce a kilowatt hour. Whereas before the cataclysmic tsunami of March 11, 2011, they provided 25% of the electricity of the Archipelago. 
 This scenario of a sudden release of nuclear energy in twelve months is [...]]]></description>
			<content:encoded><![CDATA[<p> April 2012: fifty-four nuclear reactors in Japan are at a standstill. Not a nuclear power plant does not produce a kilowatt hour. Whereas before the cataclysmic tsunami of March 11, 2011, they provided 25% of the electricity of the Archipelago. </p>
<p> This scenario of a sudden release of nuclear energy in twelve months is not the political fiction. It is seriously considered by officials and experts. Asked about this possibility by Le Figaro last week during his visit to Paris, the new Japanese Minister of Economy, Yukio Edano, kicked into touch. And answered: &quot;We have confirmed the safety of reactors stopped before restarting. I can not tell you when. &quot; </p>
<p> Click on the thumbnail to enlarge the graphic. </p>
<p> Currently, only ten of fifty-four reactors are in operation <a href="http://payday-loans-application.com">cash advance in one hour</a><!-- . -->.Besides the four Fukushima Daichi finally destroyed by the tsunami, forty reactors are stopped either because they were damaged on March 11, or to be auscultated. In the next six months, the ten operational reactors must undergo in turn scheduled maintenance shutdowns. Or, while mistrust of nuclear power lies in the opinion, the Government will take maximum precautions before giving the green light to restart. </p>
<p> A shortage of current threat does the Archipelago? The test of the summer was passed (read the story below). Yet he missed 10% of electricity generation capacity, equivalent to the production of the Netherlands, explains Laszlo Varro, head of markets for electricity, coal and gas to the International Energy Agency ( IEA).</p>
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		<title>The bible of philatelists in conquering the Web</title>
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		<pubDate>Sun, 09 Oct 2011 09:27:00 +0000</pubDate>
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		<description><![CDATA[ The stamp goes digital. Editor trading stamp catalogs Yvert &#38; Tellier, has posted its entire library &#8211; 760,000 stamps &#8211; by mentioning the price of each stamp duly photographed. The objective is to facilitate the evaluation of collections and transactions between collectors. Internet and flies to the rescue of the patch even though it [...]]]></description>
			<content:encoded><![CDATA[<p> The stamp goes digital. Editor trading stamp catalogs Yvert &amp; Tellier, has posted its entire library &#8211; 760,000 stamps &#8211; by mentioning the price of each stamp duly photographed. The objective is to facilitate the evaluation of collections and transactions between collectors. Internet and flies to the rescue of the patch even though it destabilizes the activity of mail items around the world. </p>
<p> By choosing an annual subscriptions range from 29.90 euros to 99 euros, we can no longer ignore a stamp of Mauritius, &quot;a penny vermilion,&quot; only two copies known to the world, worth 1.6 million euros (due to an error in color) or stamps printed in France before 1900 are still popular: &quot;1 f.vermilion &quot;to 90,000 euros is a safe bet. </p>
<p> &quot;The rarity value is&quot;
<p> This world premiere is an unexpected encounter between two worlds less distant than it seems. &quot;Before the Internet and television, the tone was a real openness to the world, says Christopher Yvert, CEO of Yvert &amp; Tellier. After dinner, we found a family to sort, dream, learn. &quot;Through the Internet, Yvert &amp; Tellier, who will not abandon its print editions, intends to develop in distant countries. A growth driver for the SMEs to forty employees (8 million euros of turnover) which has invested about 100 000 euros in the operation <a href="http://fcrwizard.com">instant credit report</a><!-- . -->. &quot;Simply subscribe to view, says Christophe Yvert. This is an advantage for philatelists distant Asia or South America and North. &quot;</p>
<p> Surprise, even today, despite the Internet, 15,000 collectible stamps are published each year worldwide. &quot;The more a country is small, unless the mail is working, and he is tempted to print, says the heir to a dynasty of six generations. For these states, the stamp is a promotional tool and a source of income. &quot;France and its two million collectors is no exception: in 2010, the French post office has printed 220 new. It passed 600 million stamps (Miscellaneous) collection of a total of 3 billion stamps sold annually. </p>
<p> But do not expect to make a fortune with recent issues. &quot;Scarcity is the value, says Christophe Yvert. The advantage of the Internet, but also to create a network of friends in the world, seeking to complete the same series you. &quot;Note that a limited edition of requested specialized services of La Poste to share the birth of a child is not synonymous with wealth, because it will not be sought after by collectors. </p>
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		<title>The government releases three billion for communities</title>
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		<pubDate>Fri, 07 Oct 2011 23:31:06 +0000</pubDate>
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		<description><![CDATA[ Struggling to complete their funding, local authorities could smile again. Traveling in Indre-et-Loire, Prime Minister Francois Fillon said on Friday the release of three billion euros in loans to help local communities. &#34;The funding needs of communities must be met to enable them to carry out their investments, said the Prime Minister. That&#39;s why [...]]]></description>
			<content:encoded><![CDATA[<p> Struggling to complete their funding, local authorities could smile again. Traveling in Indre-et-Loire, Prime Minister Francois Fillon said on Friday the release of three billion euros in loans to help local communities. &quot;The funding needs of communities must be met to enable them to carry out their investments, said the Prime Minister. That&#39;s why I decided that the Deposit would set up a budget of three billion euros to fund loans to local authorities between now and the end of the year. &quot;Pending the establishment of a new entity formed by the CDC and the Postal Bank, the Deposit will therefore over the funding of local authorities so far provided by the dismantling of which Dexia is accurate. </p>
<p> According to a survey conducted in September by several associations of elected representatives, many local authorities face difficulties in borrowing from banks. &quot;This is almost systematic refusal when the community does not have long-term loans or do not wish to subscribe again,&quot; the study said adding that the banks argue the new Basel banking standards 3 with elected officials to justify the shortage <a href="http://sublimebusinesscards.com">cheap business cards</a><!-- . -->. </p>
<p> These standards penalize long-term financing that are not backed by stable resources such as bank deposits. &quot;Basically, this means that we can not lend unless the borrower has savings,&quot; noted a banker.&quot;Now communities spared nothing.&quot; </p>
<p> The device will be launched &quot;based on that the government had set up in 2008 and had been able to satisfy the financing needs of communities at the time the bank has showed signs of drying up,&quot; said the Prime Minister. </p>
<p> ALSO READ: </p>
<p> &quot;&quot; Bad bank &quot;when the state pays the piper </p>
<p> &quot;The negotiations on the future of Dexia accelerating </p>
<p> &quot;The communities are grouped to borrow </p>
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		<title>The CAC 40 is limping along after the debacle of Dexia</title>
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		<pubDate>Tue, 04 Oct 2011 15:39:20 +0000</pubDate>
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		<description><![CDATA[ The mood is gloomy Tuesday in the Paris Bourse. The debt crisis, fears of a default Greek and the difficulties of Dexia still saddled markets. The CAC plunged 2.7% in mid-session at 2 845.78 points after having been closed on Monday, down 1.85% to 2926.83 euros. Elsewhere in Europe, London was down 2.22% to [...]]]></description>
			<content:encoded><![CDATA[<p> The mood is gloomy Tuesday in the Paris Bourse. The debt crisis, fears of a default Greek and the difficulties of Dexia still saddled markets. The CAC plunged 2.7% in mid-session at 2 845.78 points after having been closed on Monday, down 1.85% to 2926.83 euros. Elsewhere in Europe, London was down 2.22% to 4,962.80 points and Frankfurt from 3% to 5 215.50 points. </p>
<p> Monday evening, the finance ministers of the Eurogroup announced after their meeting that they see &quot;in October,&quot; the decision on the next tranche of 8 billion euros to Greece. Europe is planning to review the private sector in the second aid plan and is considering increasing the relief fund for indebted countries (EFSF).Finance Ministers have also agreed on the granting of collateral in exchange for loans to Greece. </p>
<p> Athens, meanwhile, announced new measures after Sunday warned that the country would not meet its deficit targets required by its creditors. </p>
<p> Oil down
<p> Fears weigh on the euro area also on the European currency. The euro sank below the $ 1.32 in late morning, its lowest level since January against the greenback, carried away in the turmoil of the debt crisis and the postponement of a decision on Greece by the finance ministers of the euro area. Mid-session, the euro bought 1.3184 dollars against 1.3178 dollars late Monday.First thing in the session, he even fell to 1.3146 dollars, its lowest value since January 13. </p>
<p> Oil markets, concerns about the global economy weigh on prices: a barrel of &quot;light sweet crude&quot; for delivery in November lost 1.47% dollar to 76.47 dollars in the morning. </p>
<p> In terms of macroeconomic indicators, investors will pay attention to the publication of industrial producer prices in the euro zone in August expected at least 16 hours. Overseas, industrial orders in the U.S. for August are expected in 16 hours. At the same time, the president of the Federal Reserve, Ben Bernanke, scheduled to speak before a congressional committee on &quot;economic forecasts&quot;. </p>
<p> Dexia has announced the sale of its flagship
<p> The entire banking sector will be followed on Tuesday.The board of directors of Dexia (-20.77% to 1.03 euros) announced last night to have initiated a process to solve the structural problems of the group but did not mention track in particular. The Franco-Belgian bank should speed up the sale of its jewels and isolation of its non-performing assets in a &quot;bad bank&quot; <a href="http://personal-loan-quick.com">quick guaranteed personal loans</a><!-- . -->. His last note was placed on negative watch by Moody&#39;s. Deminor insists that the shareholders are consulted before any decision on a plan for the future of Dexia, said the consulting firm to shareholders in an open letter disclosed by Reuters. </p>
<p> For its part, Societe Generale (-3.95% to 18.22 euros) halved its need for long-term financing in 2012, she announced.The French bank will only need 10 to 15 billion euros. </p>
<p> Also in the European banking sector, the first German bank Deutsche Bank has abandoned its goal Tuesday to reach a record operating profit of 10 billion euros this year, but assured that it will profit in the third quarter. </p>
<p> The sugar group Cristal Union will acquire in a friendly group Vermandoise for nearly a billion euros to create the number five European sugar industry, which will be number two in France behind Tereos. Vermandoise group includes two companies listed on NYSE-Euronext Paris, the Society of Sugar Vermandoise (SVS) and the Sugar Company of the Old Pithiviers (SSPLV).The listing of the two securities is suspended. </p>
<p> Stallergènes (-3.63% to 44.81 euros) announced a reorganization of its governance, which will see the arrival of a new executive managing director in early 2012. </p>
<p> GDF Suez (-1.70% to 22.02 euros) has completed the sale of the Rete Gas G6 consortium of infrastructure funds F2i, AXA Private Equity and Enel Distribution. The sale values ​​the distribution assets at an enterprise value of 772 million euros, to 103% of the regulated asset base in 2010, 9.3 times Ebitda and 17.5 times net income. This was announced in June. </p>
<p> Bonduelle (-1.31% to 63.50 euros) reported a sharp drop in its annual net profit by 48% to 30.4 million but expects a rebound in profitability for the year 2011-2012.The food group is also in talks to buy the vegetables Aucy in Russia. </p>
<p> Naturex (-6.88% to 46.02 euros), a specialist in natural ingredients of plant origin, will launch a capital increase of € 49.3 million to fund acquisitions and increase its free float stock. </p>
<p> Group Gorge (9.95% to 6.74 euros) flames just after the announcement of its largest order in the nuclear industry, a contract of 30 million euros in China. </p>
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		<title>EADS rises in power in Brazil</title>
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		<pubDate>Mon, 03 Oct 2011 04:59:26 +0000</pubDate>
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		<description><![CDATA[ &#34;The opening of new headquarters in Sao Paulo marks a new stage in our development in Brazil. All divisions of EADS are now combined in the same premises in order to increase efficiency. This is an important symbol because there are many synergies between them. &#34; Offensive, Louis Welsh, president of EADS, sent to [...]]]></description>
			<content:encoded><![CDATA[<p> &quot;The opening of new headquarters in Sao Paulo marks a new stage in our development in Brazil. All divisions of EADS are now combined in the same premises in order to increase efficiency. This is an important symbol because there are many synergies between them. &quot; Offensive, Louis Welsh, president of EADS, sent to the group&#39;s employees a message of confidence in their ability to ramp up in Brazil, where it generated more than 1 billion euros in turnover in 2010 against 468 million euros in 2009. </p>
<p> To speed up, EADS is based on solid commercial and industrial positions built by his two spearheads: Airbus and Eurocopter. The European aircraft manufacturer owns 70% of the market for Brazilian civil aviation with 600 units sold and over 250 aircraft to be delivered.Since 1998, Airbus has tripled the size of the fleet in service with his family in 320 has accumulated 350 orders. The company LATAM (after the merger between TAM and LAN) is now in the top five customers of Airbus, while the regional airline TRIP is the world leader in turboprop (propeller) ATR, a subsidiary of EADS and Finmeccanica. Airbus hopes to increase further by assuming the largest share of a market whose needs are estimated at 610 new aircraft by 2020. </p>
<p> A new plant in Itajuba
<p> Eurocopter, meanwhile, was the pioneer group in terms of technology transfer. He is the only helicopter manufacturer in the world to have implemented a comprehensive industrial activity in Brazil. And this, in 1978 by creating a subsidiary, Helibras. Its plant Itajuba (Minas Gerais) will be delivered after that date, 610 helicopter in late 2011.Between 1978 and 2011, Eurocopter&#39;s market share jumped from 14 to 53% in Brazil. To cope with this growth, the group plans to open two maintenance workshops in Brasilia and Rio will open this winter and a new plant in the presence of Itajuba Dilma Roussef, the president of the Brazilian Republic. </p>
<p> The new site will assemble including the EC 175 for the Brazilian army. Three years after the signing of a contract to acquire 50 EC 175, accompanied by a transfer of technology, the program aims 50% local value added. To this end, Helibras just doubled the capacity of its engineering center and plans to open a technology institute in association with the University of Itajuba. &quot;Several industrial packages were signed with the Brazilian industry: from the 26th unit, only the cell (note: the body of the helicopter) will be delivered in Marignane,&quot; says Louis Welsh.Become the fourth industrial base of Eurocopter, behind France, Germany and Spain, Helibras will have 1100 employees by 2015 against 610 in 2011 (and 290 in 2009). </p>
<p> &quot;EADS has become a Brazilian citizen&quot;
<p> The goal is to build on the expertise of Helibras to launch a new helicopter 100% made in Brazil by 2020. For now, the subsidiary is in line to meet with the EC 225, the civilian version of the EC 725, the growing needs of oil companies, including national oil Petrobras, an offshore market estimated at 60 gear. &quot;With Helibras, EADS became a Brazilian citizen. It is considered a success by the government. Thanks to our ability to offer technology transfer, training of local staff and to adapt our products to our customers&#39; needs, we can also penetrate into the space and defense, &quot;said Louis Welsh.</p>
<p> The time is right because Brazil wants to boost its defense industry and space. Dilma Roussef took last Friday a series of support measures in this direction with the view to learn new skills because there is no question, as in the past, to rely on foreign equipment. The president of Brazil was cited as the first site implementation specifications of the future communications satellite in Brazil. &quot;This satellite will have a hybrid dual mission: to satisfy the needs of the army and bring broadband to areas that do not yet have access,&quot; said Jean-Noel Hardy, vice president of sales and marketing in Latin America to Astrium, EADS Space. </p>
<p> The purchase process should be launched by end 2011-early 2012 by the state holding Telebras. Astrium and its subsidiary Equatorial systemas stand ready to respond to build that future satellite.The timetable is tight because Brasilia plans to launch in 2014. &quot;The transfer of technology associated with the contract of 716 million reals (about 360 million euros) to pave the way for a second satellite with a major domestic content in 2019,&quot; said Jean-Noel Hardy. </p>
<p> A partnership with Thales not excluded
<p> In the even more sensitive defense and security, Cassidian, a subsidiary of EADS Defence, created in 2010, a joint venture with Odebrecht, a diversified conglomerate that controls the transfer of technology in submarines sold by France. The joint venture&#39;s primary mission to respond to future tender for the monitoring of land and sea borders of countries with command centers. &quot;We do not exclude to partner with Thales to win this contract,&quot; says Louis Welsh. </p>
<p> It is estimated at 7.5 billion euros over five years.World Cup Soccer in 2014 and the Olympic Games in 2016 as Brazil hosts play a role as a spur to a country recognizes the need to invest heavily in the fight against insecurity. Cassidian who has already won its first contract to equip the federal police secure communications systems, also expects the results of the tenders awarded by the policies of the 26 Brazilian states who want to equip. &quot;This market is estimated at 1 billion euros, and we hope to take at least half,&quot; said Christian Gras, President Cassidian Brazil. </p>
<p> ALSO READ: </p>
<p> &quot;Thomas Enders,&quot; The banks must do their job &quot; </p>
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		<title>Bank rates: online banks are the cheapest</title>
		<link>http://eaforum.org/bank-rates-online-banks-are-the-cheapest/</link>
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		<pubDate>Thu, 29 Sep 2011 00:51:35 +0000</pubDate>
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		<description><![CDATA[ Banks still working hard to provide for bank charges. Including payment cards. A study by the magazine 60 million consumers, an international card is billed an average of 37 euros per year, while its cost is only 5 euros. Half of the institutions have even raised prices in two years. 
 Banks &#39;traditional&#39; is [...]]]></description>
			<content:encoded><![CDATA[<p> Banks still working hard to provide for bank charges. Including payment cards. A study by the magazine 60 million consumers, an international card is billed an average of 37 euros per year, while its cost is only 5 euros. Half of the institutions have even raised prices in two years. </p>
<p> Banks &#39;traditional&#39; is the Postal Bank which offers the lowest rates with an average annual cost of 73 euros, ahead of Caisse d&#39;Epargne Ile-de-France (83 euros) and Societe Generale (93 euros ). Bringing up the rear, there is Crédit Mutuel Ile-de-France (133 euros) and CIC (140 euros). But the banks &#39;traditional&#39; remain far behind online banking, according to the survey published in the journal <a href="http://businesscardsabc.com">business cards</a><!-- . -->.Including ING Direct, which continues to lead but the price of the basket of basic services is no longer free but is 10 euros. </p>
<p> To perform its study, the magazine wrote a basket of ten banking services under the Act Lagarde. It includes an international payment card with deferred debit, the new edition of the code card, a transfer to another bank, the blocking of a check, looking for an archived document for over a year, account management on the Internet and any account maintenance fees. </p>
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		<title>Financial transactions: Commission presents its tax</title>
		<link>http://eaforum.org/financial-transactions-commission-presents-its-tax/</link>
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		<pubDate>Tue, 27 Sep 2011 22:15:39 +0000</pubDate>
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		<description><![CDATA[ Brussels took the leap. Despite the opposition front in the UK and strong differences between capitals, José Manuel Barroso will propose Wednesday to create a tax on financial transactions in the twenty-seven EU countries. The tax would apply from 2014 to the field the largest stocks, bonds, derivatives and structured financial products. But with [...]]]></description>
			<content:encoded><![CDATA[<p> Brussels took the leap. Despite the opposition front in the UK and strong differences between capitals, José Manuel Barroso will propose Wednesday to create a tax on financial transactions in the twenty-seven EU countries. The tax would apply from 2014 to the field the largest stocks, bonds, derivatives and structured financial products. But with the lowest possible rate: 0.1% for transactions in securities and 0.01% on products, according to the latest assumptions of the Commission. This rate floors, each state is then free to burden the tax at will and profit, as is the case for VAT. </p>
<p> The TTF, as amended Brussels, aims to hit 85% of financial transactions. It will be collected from banks, stock exchanges and financial services providers. Individuals and businesses will be affected only indirectly.Bank loans and mortgages, foreign exchange, insurance contracts and other financial products for individuals not included in the base, according to the draft directive obtained by Le Figaro. </p>
<p> The idea of ​​the TTF is in the air since the beginning of the crisis. On the need to find new revenue for the budget adds a political justification: to charge the world at least part of the cost of public rescue operations conducted since the fall of 2008. The European Commission amounted to 4.6 trillion euros in three States&#39; commitments to the financial sector. </p>
<p> Obama opposed this idea
<p> The idea, for it may seem attractive to the taxpayer, has struggled to take off. G20, it was rejected by Barack Obama and emerging powers <a href="http://unsecured-personal-loans-quick.com">short term personal loan</a><!-- . -->.In Europe, precisely because of global consensus, it comes up against the reluctance of countries like Sweden or the Netherlands, who fear that the EU put a bullet in the foot. Only Nicolas Sarkozy and Angela Merkel continues to bring the European project at arm&#39;s length. But the idea made its way to reduce the application to the smaller group of seventeen countries of the euro. </p>
<p> Parliament and the Council, where each state has a veto tax will decide the fate of the project in the coming months. For now, it is to revive the dice before the G20 summit in Cannes on November 3 and 4.The Commission expects the EU to play a pioneering role on the TTF as before on climate and other economic powers will eventually follow suit. </p>
<p> In this act of faith, there is still a loophole: the determined opposition of the British Treasury and the hostility of the City, which Europe generates more than half of its financial transactions. Tax in Europe &quot;has no meaning if the markets scamper overnight to New York or Singapore, &#39;says there is little George Osborne, Chancellor of the Exchequer. </p>
<p> The Brussels experts recognize the danger of &quot;offshoring&quot; noting in their expected &quot;extreme mobility of most financial transactions.&quot; The Commission responds by imposing low, but also by raking off: a transaction conducted in Asia or America would be taxable, since it would be conducted by a firm established in the EU. </p>
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