The free electron Arnaud Montebourg was appointed Minister of Productive Recovery, a new song for the important figure of the left wing of the Socialist Party. Arnaud Montebourg
Arnaud Montebourg, 49, was appointed minister of Adjustment Wednesday productive, a role he had foreshadowed a "tour de France plant" made in the name of Francois Hollande during the presidential campaign. It will be flanked by two junior ministers, Fleur Pellerin (SMEs, Innovation and Digital Economy) and Sylvia Pinel (Crafts, Trade and Tourism).
Born October 30, 1962 at Clamecy (Nièvre), that great admirer of Gambetta, son of a butcher and a professor in the Algerian origins, became known as a leading lawyer in battle against Alain Juppé in the case of his apartment the City of Paris in 1995.
Activist of the PS since 1981, elected deputy of Saone-et-Loire in 1997, this speaker is trying to clear facilities in vain, in 2001, full cohabitation, Jacques Chirac to appear before the High Court.
With Vincent Peillon, the fiery MP founded the New Socialist Party (NPS). Their current gets nearly 17% of the votes in Congress in Dijon in 2003, with a slogan: the Sixth Republic, and more power to Parliament.
Voting "no" to the European Constitution in 2005, it is close to Ségolène Royal, it hosts in September 2006 in the "Feast of the Rose" in his constituency.
Gala magazine publishes a portrait of this man with shoulder-length brown hair, thin and always elegant, titled "The Playboy of Ségolène" conversation pieces. Mr. Montebourg, claiming he was duped, assigns the magazine.
Invested candidate, Ségolène Royal is designated spokesman, but suspends the month: on Canal +, the new Minister of Productive Recovery was told that the only flaw of the socialist candidate was his companion, a … Francois Hollande. "We laughed with Ségolène", he relativizes years later.
Montebourg often attacked Francois Hollande, who owes him the nickname "Flanby". The deputy of Saone-et-Loire also spoke of "cowardice" about supporters of the "yes" to the European Constitution in 2005, before turning back at the express request of the then First Secretary.
Ardent opponent of multiple directorships, Montebourg becomes "believing but nonpracticing" by appearing at the cantonal elections in his department, which led him to the presidency of the General Council in 2008. In early 2011, he announced he will not seek a fourth term as an MP.
With primary theorist Olivier Ferrand (Terra Nova), the fiery MP Aubry threat to resign if he does not succeed in 2009 for organizing this new process. "I had my dress emerged avocado eaten by moths," he says. First secretary finally agreed.
Himself a candidate with a small team, Montebourg campaigned on the left wing, defending the "de-globalization" or, according to his many opponents, a neo-protectionism that dare not speak its name. Result: 17.2% of the vote. In December 2011, he created the stir by denouncing "a policy that Bismarck" Angela Merkel.
Happy white knight, he denounces the business federations PS Bouches-du-Rhone and Pas de Calais and demanded to DSK "apologize to all the left".
PS, some criticize this "preacher of morality," its "excesses in the attack." His third place in the primary, however, gives him the role of a kingmaker who choose to personally Francois Hollande. The presidential candidate will make his "special representative", in charge of a factory tour of France. He joins the transition services of a relative of Mr. Montebourg, Aquilino Morelle, now political adviser at the Elysée.
Separated father of two, Arnaud Montebourg is the companion of Audrey Pulvar journalist, with whom he filed a complaint for assault in the streets of Paris in March.
The likely thrust of extremist parties in Greece, which could jeopardize the plan of assistance given to countries, markets further alarm that victory in the presidential election of Francois Hollande. Its program in effect no longer perceived as a threat to investors. Unlike 1981, the arrival of the socialist candidate for the Elysee should however not destabilize markets, which first opened in Asia in mid-European night.
The likely thrust of extremist parties in Greece, which could jeopardize the plan of assistance given to countries, markets further alarm that victory in the presidential election of Francois Hollande, whose program is no longer perceived as a threat by investors . "The week promises to be high risk, but paradoxically Greece weigh maybe more in the balance as the French election," said Valerie Plagnol, director of research at Credit Suisse.
Unlike 1981, the arrival of the socialist candidate for the Elysee should however not destabilize markets, which first opened in Asia in mid-European night. The Paris Bourse certainly gives ground for several weeks, but this trend is common to all European financial centers, plagued by fears about the economy of the eurozone. And the cost of refinancing the public debt of France has not increased more between the two rounds of presidential elections.
No challenge to the Treaty on the financial stability
Paris has borrowed Thursday nearly 7.5 billion euros at rates down. "Mr. Holland should not undermine the Treaty on European financial stability, but rather add to it a component of growth. On this point, it is not alone in wishing that in Europe, which tends to reassure "said Ms. Plagnol.
Long reluctant, Berlin is ready to work to "a growth pact for more competitiveness," the German Foreign Minister Guido Westerwelle. President of the European Central Bank, Mario Draghi, would also give this theme "at the center of the agenda" European. Mr. Holland on Sunday evening could have an exchange on these topics with German Chancellor Angela Merkel, according to one of his advisers.
If revenues diverge, more tracks are already being considered: increase the borrowing capacity of the European Investment Bank (EIB), spend more European structural funds in the euro area, establish 'project bonds', the European bonds for a specific project, or authorize the European Stability Mechanism (MES) to help a struggling industry and not just a state.
For Laurence Boone, chief economist for Europe U.S. investment bank Merrill Lynch, BofA, the alternation in France does not worry because "investors expect to conduct a moderate social policy".
Greece in the heart of concerns with the rise of extremist parties
Greece, whose people voted on Sunday for early elections, however crystallizes much more concern. Both sides pro-austerity, PASOK (Socialist) and New Democracy (right), who ruled together in a coalition since November 2011 collapsed in parliamentary elections Sunday, bringing together between 31 and 37% against more 77% in 2009, according to exit polls.
If they were confirmed, this collapse would make almost impossible the formation of a coalition government by both parties to continue the austerity dictated by the European Union and the International Monetary Fund. "The country's creditors (IMF, EU and ECB) may at least temporarily suspend their aid," worries Stephane Deo at UBS. "The government can more quickly pay its civil servants and pensions, which will lead to very high tensions on financial markets," he warns.
In >>> Direct: Soon the results of the second round of the presidential election between Sarkozy and Holland
Standard & Poor's said Wednesday raising the rating to CCC from the Greek sovereign debt, which is no longer so in default, a decision no surprise since the country has reduced its liabilities by about a third after a debt restructuring complex and unprecedented.
S & P maintains this climate speculative grade ("junk") and warned that a deep recession, the unpredictable outcome of the elections on May 6 and wrath of public opinion against the austerity could threaten the efforts of Athens to redress its finances.
S & P, which matched the rating with a stable outlook, provides that Greek sovereign debt will remain high over the next three years, around 160 to 170% of GDP.
"The rating could be degraded if we believe that a forced exchange on what remains of the Greek private debt appears likely," the agency said in a statement.
Fitch was the first to recover the note by assigning a B-to Greece in the middle of March, after the establishment of the exchange procedure which reduced about 100 billion sovereign debt of the country and cost the private bondholders most of their assets.
S & P warned in February that it would report surely the Greek notes to CCC, upon completion of the exchange procedure.
Moody's is now the only agency to keep Greece in zone fault (likely in his case). She said it would review his notes "on time" but that any recovery would remain limited.
The UK manufacturing growth slowed more than expected in April, demand from the euro area has declined significantly, shows a survey released Tuesday, hinting that the recession risk to be longer than expected.
The Markit / CIPS purchasing managers (PMI) thus fell to 50.5 last month against 51.9 (revised) in March. This figure, the lowest since December, is below the expectations of economists who had expected 51.5.
It remains above the 50 mark that separates growth and contraction, in contrast to similar data in the euro area.
Official statistics released last week showed that the British economy had plunged into recession in first quarter, which could further increase the difficulties of coalition government David Cameron.
A decree published in the Official Gazette requires EDG and GDF to repay the overpayment charged to customers within 15 days of issuance of the annual bill or the subscriber's request. This obligation will come into force in 2013.
EDF and GDF will, from next year, reimburse their customers within 15 days of issuance of the annual bill or the subscriber's request, in case of overpayment exceeding 25 euros, according to a decree of April 18 published in the Official Journal (OJ). "During the contract, when the invoice based on energy consumption reveals an overpayment by the contractor less than 25 euros, the excess is carried forward to the next invoice, unless the consumer requests a refund" states that Order, which comes into force on 1 January 2013. "From this amount, the overpayment is refunded by the supplier," the statement said, adding that "the refund is made within fifteen days from the issuance of the invoice or the customer's request ".
Billing of the two suppliers is based on an estimate of consumption for customers who choose the monthly payment, with an annual bill of regularization based on actual consumption. "It has taken up several times to the plate and the publication of an official report to achieve this decree," said Bruno Lechevin, managing director of energy ombudsman, the daily Le Parisien on Friday which states that during the first quarter, 3.2% of complaints received by the Ombudsman were related to reimbursement of overpayments. "In 2011, EDF had made and pin: the utility reimbursement to amounts of less than 15 euros if the customers were demanding," said the newspaper. EDF now states on its website monthly installments if the client has paid a sum greater than its invoice regularization, the credit balance is refunded "by bank transfer within 15 days."
In May 2011, the supplier had agreed to reimburse "now" and automatically overpayments of all invoices to its customers after termination of their contract (move). The group previously had a policy not to refund overpayments of less than € 15.24 if customers were not doing the requests. Parliament passed a provision in the Law on Organization of the New Electricity Markets (Nome) of 7 December 2010 so that energy suppliers are now required to systematically repay overpayments to consumers.
Francois Hollande wants to suspend the enforcement Nome establishing the conditions for resale by EDF of part of its electricity to its competitors, because it increases speculation in the market for electricity, announced Thursday for Energy with the Socialist candidate for president.
Francois Brottes believes that the Competition Authority "issued an indictment against the policy of opening the French electricity market" in favor of the review of a decree implementing this law.
The system "will strengthen the speculative nature of the electricity market in France and will further increase prices, since it will impact the electric bill of consumers to the tune of '200 to 500 million Euros per year, according to the Authority, "he says in a statement.
"A few days before an election critical to the future of France, it is urgent to suspend enforcement of the law Nome. Let the French can choose between two conceptions of e Energy: speculative, or public good, "he adds.
New organization of the French electricity market (Nome) allows alternative suppliers to buy electricity from EDF Nuclear, within an overall limit of 25% of the production capacity. Since 1 January, the resale price is set at 42 euros a megawatt hour.
Google reported Thursday a net profit of 2.89 billion dollars or 8.75 dollars per share (GAAP) in the first quarter and announced a division of its shares on a two for a.
The net sales for the first quarter, which excludes fees paid to partner sites, totaled $ 8.14 billion.
The total turnover of the quarter is 10.65 billion.
May 24, the Supreme Court could follow the requisitions of its Advocate General and reverse the conviction of Total to damages for environmental harm. Analysis of a possible "disaster for the ecology" with the lawyer in environmental law, Arnaud Gossement. Erika
Years of justice for nothing? Maybe so. More than 12 years after the fact, the General Counsel of the Supreme Court seeking annulment of the sentence in Total Erika shipwreck flag. Moreover, he believes that we should not refer the case on appeal. His analysis? French justice is not responsible for the sinking of a ship flying the Maltese flag outside French territorial waters. The notice of Gossement Arnaud, a lawyer specializing in environmental law.
What do you think the requisitions of the General Counsel?
Master Gossement Arnaud: This is surprising. Both courts and not the least, the First District Court of Paris (TGI) in 2008 and the Court of Appeal of Paris ruled in 2010 in the same direction. They have ruled on the application of French law and compensation for environmental damage. It was a first. Second thing, until 2008, an investigation has led to a removal order. In short, much work has been done around this case. It is therefore a surprise to make possible today a possible departure from precedent. And surprise is shared by all lawyers.
Can you reconstruct his reasoning?
We must above all be cautious. And for good reason, we do not know all of the conclusions of Advocate General, only a few arguments. According to the senior judge of the Supreme Court, there would be an issue of pure law, ie the Court of Appeal would not have applied the correct legal text. She should have, according to the magistrate, apply international law because of the location of the Erika. It was not located in French territorial waters. Then, the Advocate General points to the notion of environmental damage. In 2008 the Paris Court of First Instance is to be used with great clarity to the concept of "damages for injury to the environment." But the judge would question the possibility of convicting a person on grounds of environmental damage. Total for lawyers, this recent concept does not exist in positive law, in the texts of laws. Whether the General Counsel relies on this ground for reconsideration of the ecological damage, I do not know.
One thing is certain, the magistrate did not say that Total was irresponsible, but there is a problem of law. Over the total condemnation of the judge shows the inadequacy of the legal framework that applies to legal activities at sea It is a law vague and complex, composed of a mosaic of texts. Historically, there has been interest in the land. We just forgot that human activities would also develop at sea, whether oil activities or renewable energy production. This is since the 70s, including the trial of Montedison (the Italian company had dumped thousands of tons of toxic waste in a marine trench off Cape Corse, in Italian waters), we took awareness of the fragility of the sea We discover that the sea is not a trash can and must be protected. Erika was a turning point. There was a strong awareness.
Requisitions prosecutors are they followed by the Supreme Court?
This is what is said in general. But this is a complex matter for which miles are possible options. The Supreme Court can completely cancel the decision of the Court of Appeal, as it can do so partially. On the issue of compensation paid by Total at the time of use, the oil group said he would not call into question the compensation paid, but one can imagine the reverse. If unfortunately, the Supreme Court completely cancels the decision of the Court of Appeal, the procedure can start again. It would be a disaster not only for the plaintiffs, but also for the ecology. And for good reason, return on an affair that has lasted for 1999 is a bad signal to polluters. This is a step backwards. This is very disturbing. They may think that it does not matter because any way the court proceedings will take years to achieve. It is a discouraging message for associations and however encouraging for polluters. It should be certainty in the application of sanctions.
The industrial orders rebounded in February in the United States and businesses have increased their orders for capital goods, leaving the industry think that retains some vitality despite signs of slower growth.
These orders rose 1.3%, slightly below the consensus of analysts polled by Reuters which gave 1.5%, according to figures released Tuesday by the Commerce Department.
Many economists believe that the expiration of certain tax benefits on productive investment in late 2011 has encouraged companies to move their investments.
The decline in January was revised to 1.1% against 1% in the first estimate.
Orders for civilian capital goods excluding aircraft, a category closely followed because it was considered a good indicator of future investment plans, rose 1.7% in February against 1.2% in the first estimate.
Officials of the European Union hopes that the leaders of G20 countries will agree to contribute more to IMF resources in April after the agreement Friday on increasing the power of the wind fire-euro area financial.
The IMF seeks to double its war chest through raising $ 600 billion of new resources to help countries struggling with the fallout from the debt crisis in the euro area.
But most G20 countries have said that before they do inject money into the IMF, the euro area was first put more money to solve the crisis of sovereign debt.
This was done on Friday finance ministers of 17 countries in the euro area in agreeing to carry 500 to 700 billion combined capacity of two rescue fund.
"It is important to ensure that the IMF has sufficient resources to fulfill its systemic role in the global economy and yesterday's agreement within the Eurogroup (…) is very important in this regard, "he told reporters the Danish Minister of Economy Vestager Margrethe, whose country holds the rotating presidency of the European Union.
Finance ministers and central bank governors of the G20 countries must discuss an increase in IMF resources on April 22 in Washington.
"It's time to increase IMF resources. It is in the interest of all countries, the focus is on Europe, but it is very important to recognize that there are also vulnerabilities in other parts of the globe, "added Minister
." I think and hope – and this is to How we work – we will reach an agreement in April, "she said
." We Europeans, we can get to re ; unions spring the Washington sense of accomplishment ", for his part said Jörg Asmussen, Executive Board Member of the European Central Bank
… Five …… major emerging countries, said the BRICS (Brazil, Russia, India, China and South Africa), however, have said they would support an increase if they were accorded a more important within the IMF.
The euro area has already said it would contribute € 150 billion more resources to the IMF. The Czech Republic will contribute 1.5 billion euros, 5.3 billion of Denmark, Poland and Sweden 6.3 billion to 6.9 billion euros.
"The EU calls on other G20 countries and financially strong IMF members to contribute to this effort," we read in a paper for the Washington meeting.
