Friday, 29 July 2011

Multiply the unemployed in France-NEW PRESSURES TO THE COUNTRY FOR REDUCING THE DEFICIT


The French government's belief that 2013 will reduce its deficit to 3% of GDP, considerably shaken by the IMF report on the country, but the data on-the-unexpected rise in unemployment, which were released yesterday. "Hesitation" titled the story on the economic issue "Lez Eco", with reference to the "surprise increase in unemployment in June," which translates to 33,600 people were out of work and seeking employment. This is the most significant increase in unemployment since 2009, which negates the promising decline observed in January. "Frustration, after a start of the year promising," writes conservative "Figaro," adding that France "has responded well to the true crisis, but difficult to benefit from recovery." The newspaper published a comparative table of all member states of the Union, noting the "unequal better job." In this table, where the average EU unemployment is 9.3% (prone to meiotic) and the "best student" in Germany (6%), Greece is at the other end with 15% and upward trend. France moves on average by 9.5% and the trend downward, which causes the author to use a French thymosofiki saying: "When I look disappointed, but when I compare with parigoroumai." Rising unemployment coupled with new pressure on France, which came to be added to the IMF report, which calls for a new extra effort of around 16 billion euros. Otherwise, the deficit will not be able to reach 3% in 2013 which provides, but in 2014. "If the Ministry of Economy", explains the financial newspaper "La Trimpin", "definitely wants to honor its commitments towards Brussels, will be getting new far-reaching measures" such as new restrictions on tax loopholes in the tax exemptions in various guilds. Measures are difficult to obtain a pre-election period, as is demonstrated by yesterday's confirmation of Sarkozy to restaurateurs that the reduced VAT of 5.5% achieved for France to apply to the field will be maintained, which is characterized by the press as " election gift. " Despite this, the new recommendations of the IMF comes to help Nicolas Sarkozy in his new effort to revise the Constitution and the inclusion in this so-called "golden rule" to reduce deficits. "The euro is not threatened" Meanwhile, in an exclusive interview in the magazine "Le Pointe» («Le Point»), the French head of the ECB Jean-Claude Trichet, "reveals the truth about the financial storm of century", as titled tribute. First, Mr. Trichet, in response to the question whether, after meeting in Brussels the euro was rescued, he argued that "the euro as their currency, they never threatened." The issue raised was the financial stability of the euro area, budgetary problems of Greece and not the single currency. The euro is not disputed, is stable, reliable and robust, he said. In French journalist's observation that France has released 4 billion last year and will have to borrow another 15 billion by 2014 for Greece, which worried the French who have their own problems, the president of the ECB seemed reassuring "Greece is committed to do everything and must do everything that the strict supervision of Europe which has always wanted to restore confidence, to regain stability and to repay loans in Europe. Europeans are subsidizing Greece without getting their money back. Invest in redeploying. Naturally, they must closely monitor their investment. "

No comments:

Post a Comment