Regulation and Public Finance 2010
To review the year ended and provide an outlook of the beginning. It is this traditional exercise – and a little tedious – that was delivered Friday the Minister of Economy Christine Lagarde, surrounded by his secretaries of State, on the occasion of greeting to the press.
The First Minister has taken the form of the president that "the crisis is not a parenthesis" developments which France needs.And said to have taken four resolutions for 2010 around four "r": the "recovery" to accelerate and bring in jobs, the "reforms" to continue the "financial regulation" to expand and the "restoration of public finances" implement to reduce the deficit below 3% in 2013.
Christine Lagarde took the opportunity to recall the devices it intends to implement in the next two months – ahead of regional elections traditionally put a brake on projects.
It particularly stressed the measures to be presented January 20 in Council of Ministers. First the national debt, which will be a supplementary budget, and would fulfill the government's ambition to intensify research efforts to "increase our sustainable growth rate" and the competitiveness of France .On the other hand, the reform of the French system of financial supervision and the creation of the new supervisory authority of banks and insurance companies, via an order. "We want to create a true watchtower without blind spot, able to monitor risks across the financial sector," said Christine Lagarde insisted.
The boss of Renault at the Elysee
The side agreed to the performance of Friday was a bit shaken by the news about the Renault group. Invited to speak on the subject, the Minister of Industry, Christian Estrosi, said that the choice of Renault on the possible production of the Clio IV in Turkey, would be made Saturday "at the Elysee, where Nicolas Sarkozy will receive the President's automotive group, Carlos Ghosn.
Christian Estrosi went so far as to say aloud what usually expressed in more muted terms: whatever the weight of the state capital – "we have 15% stake that we have 20% – or the number of directors around the table (there are now two out of eighteen) is the Elysee will determine the strategic choices and industrial enterprise. Despite the shade provided by Christine Lagarde – which was considered "legitimate" than the French state was "consulted and give its opinion" and that "then the appropriate body to take its decision." The board will assess …