60 billion in hidden debt: Germany sanctioned by its Constitutional Court
By Pierre Avril Published yesterday at 6:58 p.m., Update yesterday at 6:58 p.m. Uli Deck/dpa/via Reuters Connect NARRATIVE – Judges of the German Constitutional Court have declared illegal a provision in the 2021 budget aimed at hiding debts to be able to finance the country’s climate and energy policy. Correspondent in Berlin By a judgment […]
Minister Stanislas Guerini Proposes Compulsory Annual Negotiations in Public Sector
Minister Stanislas Guerini says he is ready to establish compulsory annual negotiations in the public sector, as exists in the private sector. We must make up for lost time, insist the public service unions. The index point, which determines the salary of civil servants, had not increased for twelve years before being successively revalued in […]
Real Estate Financing Update: Surprising Stability in Bank Loan Rates
Pair Jorge Carasso Published 1 hour ago, Update 1 hour ago Buying a home today costs much more than it did two years ago. In 2022, an apartment paid for 200,000 euros would cost 225,000 euros, financing cost at 1% over 25 years, according to the broker Vous Financer. MrAshi – stock.adobe.com DECRYPTION – Bank […]
Tracfin Tackles Fraud with Artificial Intelligence: Uncovering Multi-Million Euro Scams
By Julie Ruiz Published yesterday at 5:56 p.m., Update yesterday at 7:41 p.m. In 2022, 160,000 reports of suspected fraud were sent to Bercy by professionals (banks and insurance companies). Jean-Christophe MARMARA DECRYPTION – Tracfin relies on artificial intelligence to process tens of thousands of suspicious transaction reports. In his ultra-secure office, the director of […]
Simplified and Expanded: Changes to the Zero-Interest Loan (PTZ) for Housing
The PTZ scale will be simplified and its ceiling will be increased, specified the tenant of Bercy. BERTRAND GUAY / AFP “In addition, 154 new municipalities will integrate tense areas”, therefore classified A, “and will therefore be eligible for intermediate housing and the new PTZ from 2024”, declared the Minister of the Economy Bruno Le […]
US-Vietnam Partnership Boosts Semiconductors, Benefits American Industry
The United States and Vietnam have entered into a broad partnership in semiconductors, according to a press release released on the sidelines of the American president’s visit to the country. It will be “develop» Vietnam’s capabilities in this area, and this “for the benefit of American industry”, according to this text which praises “the ability […]
France Launches Major Awareness Campaign to Tackle Work Accidents: Safety at Work Becomes a National Priority
By Thomas Engrand Posted 2 minutes ago, Update 2 minutes ago Demonstration, on March 4, in Paris, of relatives of victims of fatal work accidents. RICCARDO MILANI/Hans Lucas via AFP DECRYPTION – With two fatal cases per day, France, which had made progress in this area, is seeing its results stagnate. From the end of […]
Unlocking the Potential of Vinted: Strategies for Successful Second-Hand Clothing Business
To do good business, there are many strategies. Adobe Stock/Aymeline Chemin/Le Figaro LE + ECO – The second-hand clothing exchange and resale platform appears to be a good way to make ends meet or buy at a lower price. Provided you know how to do it. Back to school, new season, sorting through cupboards, moving… […]
US New Home Sales Reach Highest Level in a Year Despite Rising Interest Rates: Commerce Department
By Le Figaro with AFP Posted 1 hour ago, Updated 1 hour ago This represents an increase of 4.4% compared to June. ungvar/stock.adobe.com New home sales in the United States rose more than expected in July, despite ever higher interest rates, even reaching their highest level in the last twelve months, according to data released […]
Sharp Decline in Unallocated Consumer Credit as Banks Prioritize Profitability
By Le Figaro with AFP Posted 14 minutes ago, Update just now The amount of consumer credit not allocated to a good fell from 3.81 billion euros between April and June 2022 to 2.75 billion euros chaylek / stock.adobe.com The amount of consumer credit not allocated to a good fell from 3.81 billion euros between […]