Results for France
- Blow For Hollande As Joblessness Reaches Record Level In France
The number of jobless in France rose to a new record in October even as the wider measure of people looking for work showed tentative signs of stabilising, the Financial Times reported. Figures from the labour ministry showed 42,000 additional people ...
Daily Headline - global.abi.org - 11/26/2015 - 21:04 - 0 comments
- Marseille Court Selects Corsica's Rocca Group For SNCM Bid
The Marseille commercial court on Friday selected Corsican transport entrepreneur Patrick Rocca as preferred bidder for France-Corsica ferry operator SNCM, Reuters reported. The ruling clears the way for SNCM majority shareholder Transdev, jointly owned ...
Daily Headline - global.abi.org - 11/22/2015 - 18:46 - 0 comments
- New trends and opportunities in France
The year 2014 was when the new reform of French insolvency law entered into force, giving creditors more power and protection. As a reminder, up until 30 June 2014, French insolvency law offered companies facing difficulties the choice between two ty ...
Resource Article - abi_admin - 10/05/2015 - 09:32 - 0 comments - 1 attachment
- French Economists Protest Hollande’s Nomination of Central Bank Chief
Nearly 150 leading economists today rebuked President François Hollande’s plan to appoint a former executive of France’s largest lender to head the country’s central bank by calling on legislators to block the appointment over concerns about conflicts of ...
Daily Headline - abi_admin - 09/15/2015 - 11:26 - 0 comments
- EU Weighs Transaction Tax as France Pushes for Wider Base
European Union efforts to build a financial-transactions tax among 11 nations pressed on in a bid to break a deadlock over what to tax and at what rate, Bloomberg News reported on Saturday. “Important advances were made” at a meeting among participating ...
Daily Headline - abi_admin - 09/14/2015 - 11:34 - 0 comments
- Tsipras And Hollande Want Bailout Agreed In Late August
Greek Prime Minister Alexis Tsipras and French President Francois Hollande agreed on Thursday that a new bailout for Greece could and should be agreed soon after August 15, Reuters reported. The two men were speaking in Egypt on the sidelines of a ceremo ...
Daily Headline - global.abi.org - 08/06/2015 - 16:10 - 0 comments
- ‘Toxic’ Loans Wallop French Towns
Like several hundred cities across France, Châteauneuf-les-Martigues took out a variable-interest-rate loan in the mid-2000s to restructure debt and reduce interest payments. The loans offered very low interest rates for the first few years, before the r ...
Daily Headline - global.abi.org - 07/20/2015 - 19:36 - 0 comments
- Franco-Spanish Rail Operator TP Ferro Files For Creditor Protection
TP Ferro, the company that runs a high-speed rail link between Spain and France, filed for protection from creditors after failing to reach a debt restructuring agreement, its French co-owner said, Reuters reported. Construction firm Eiffage, which owns ...
Daily Headline - global.abi.org - 07/19/2015 - 08:48 - 0 comments
- Country Reports Winter 2014/15. Updates from Latvia, Spain, France and Romania
After two years of fierce debate a major package of amendments is going to enter into force on 1 March 2015 in Latvia. The most controversial are those relating to personal bankruptcy. Firstly, after the sale of the debtor’s dwelling that served as c ...
Resource Article - abi_admin - 06/02/2015 - 12:22 - 0 comments - 1 attachment
- Tax treatments in France
Hervé Ballone explains the tax treatment of the debt waiver granted by a mother company to its subsidiary having financial difficulties in France A company might, in certain circumstances, voluntarily waive its debt owed to a client, hence the term “ ...
Resource Article - abi_admin - 06/02/2015 - 12:23 - 0 comments - 1 attachment