Bitcoin: The ECB is Studying Ways to “break” the Virtual Currency

The course of the virtual currency flies to the point that economists predict a next burst this bubble. At the European Central Bank it is considering how to regulate Bitcoin. One member of the Board of Governors of the European Central Bank , the Austrian Ewald Nowotny has spoken in favor of regulation of Bitcoin, “purely speculative object posing a …

The French Car Market up 4.7% in 2017

With 2.11 million passenger cars registered in 2017 in France, the French car market posted good health The French car market for passenger cars has seen a solid increase of 4.74% in 2017 despite a slight slowdown of 0.51% in December, announced Monday the French Automobile Manufacturers (CCFA). For the full year, about 2.11 million passenger cars …

Emmanuel Macron Confirms the End of Taxe d’Habitation for all in 2020

On Saturday, Emmanuel Macron has signed live the last three laws passed in Parliament. The President confirmed that he wanted to remove the taxe d’Habitation for all in 2020. Emmanuel Macron has signed Saturday live under the eye of cameras, the last three laws passed in Parliament with the 2018 budget, confirming its aim to abolish the taxe …

India will Overtake France and Become the Fifth World Economy in 2018

ECONOMY: France could soon lose its position in the ranking of world powers as India overtake France and the United Kingdom … The economy of France loses ground.  India is about to overtake France and the UK to become next year, the fifth largest economy, according to a report released Thursday. Currently in 7th place, India will climb to …

How Many Job Cuts and Store Closures at Pimkie?

SOCIAL: 200 to 250 jobs could be cut and 80 Pimkie stores closed … “It’s ruined Christmas for employees.” In Echoes, Valerie Pringuez , CGT delegate and secretary of the Works Council (EC) of Pimkie France does not mince words. The chain of ready-to-wear (Mulliez group) must submit by the 8th January to employees a project of job cuts, via collective conventional …

Gas: Regulated Tariffs Increase by 6.9% on 1st January

ENERGY: Regulated natural gas rates are charged by Engie to several million customers in France … Bad news for the wallet. Regulated tariffs of natural gas, applied by Engie to several million customers in France will increase on average by 6.9% in January, mainly due to the increase of a tax, according to a resolution of the Regulatory Commission of energy (CRE) …

Bitcoin: Bercy Reminds Investors that Capital Gains are Taxed

INVESTMENT: The Minister of Public Accounts, Gerald Darmanin made a wakeup call Tuesday on the taxation of transactions in bitcoins in France … For fans of high-risk investments and promises of enormous gains with crytocurrency.  While during the Bitcoin virtual currency flies, the French Ministry of Economy made a small development on Tuesday: “We must remember that if …

31st Telethon: Pledges are Down

The 31st Telethon has raised 75.6 million euros in pledges for research on rare diseases, down compared to 2016. But donations are still possible. The 31st Telethon has raised 75.6 million in pledges donation for research on rare diseases, down compared to 2016, the charity marathon slowed during the tribute to Johnny Hallyday. Launched by the song from Johnny “Je …