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Paris is burning there? This was the message last week by Century 21, one of the major networks of estate agents (850 in France). Prices of existing homes jumped 15% in the capital between the first halves 2009 and 2010. Let us all keep, replied two days later Fnaim: the trade association which brings together 12,000 independent agencies estimated up to 6.8%.

The two behemoths differ as much in their diagnoses of the French market. When Century 21 evaluates to 8.5% average increase in prices over the last twelve months, Fnaim reported an almost stagnant (+0.1%).

As regards property each looks after their own door, because nothing is more difficult to measure changes in prices of existing homes, all different from each other by definition. For its part, Century 21 invokes a simple method."No transaction is forgotten: the collection of information is done automatically from the software used when signing the preliminary contract (promise of sale)," said Laurent Vimont, network chair. Then simply compare the average price per square meter of transactions between two time periods to calculate the evolution.

Century 21 refutes the argument that sellers of "nice apartments" have retained their property during the recession of 2008-2009 winter to put them back on the market in greater numbers in the first half of 2010 when the economy restarts. That does it not distort price comparisons from one period to another? "Not because we are working on samples large enough for this" quality effect "does not play. Our transactions have focused on 23,200 units in France in the first half of 2010, with 1536 sales in Paris, "says one.

Battle figures

Fnaim whose records are also on the "promise of sale", is based on a more sophisticated methodology and relatively delicate absolutely free credit score. "We correct the observed effects of price structures, including the size, location, comfort items, etc. …», explains Nicolas Thouvenin, the Director General of Fnaim. It also boasts a high number of transactions (5000 per month), 10% of the national market.

This method is quite close to the observation model established by notaries, with scientific backing from INSEE for 20 years. Except as notaries, considered the "justices" in statistics, working on sales contracts themselves, so with a delay of at least three months.Other disability, notary fees are not legal obligation to back the information to their rooms (85% do in Paris).

The Housing Secretariat is closely following this battle of numbers. After asking the National Council of Statistical Information (CNIS) a general report on "improving statistics, real estate and construction," which was presented in late March, Benoist Appeared plans to implement some of its recommendations "from the start," says one to his office.

Notaries will now be forced to disclose all their transactions to feed price indices. And they will work on the "pre-contracts" in order to better fit the situation. The reform should come into force from the fourth quarter of 2010 in Ile-de-France and the first quarter of 2011 in the rest of the country, says one.In addition, a device "calibration for private producers of statistics (like Century 21 and Fnaim) would be operational by spring 2011. A sort of tutelage that professionals look more or less enthusiasm and skepticism.

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The one that Sunday was a "very very big niche tax" that deserved a helping hand plane finally spared. Baroin, Budget Minister returned to his whims and confirmed on Wednesday in an interview to Le Parisien / Today in France that the government would not reverse the reduced VAT rates for restaurants given a year ago.

"This measure is maintained" said the mayor of Troyes. "If it must be questioned, the debate will take place during the next presidential election," he added.

10 billion savings

It must be said that the budget minister no longer had much choice. Tuesday morning, his minister, Christine Lagarde, had hammered on RMC and BFM-TV that the reduction in tax loopholes would not affect the VAT at 5.5% of restaurant owners.Baroin will have to find other niches planing to recover 10 billion euros economy expected by 2013. The minister on Wednesday gave few tracks a bit fuzzy.

Besides the movement of the plane 10% on tax loopholes previously announced, it confirms the non-replacement of 100,000 civil service posts (3 billion savings), reduced operating costs (2000000000), the reduction of lifestyle State … Baroin explains that this is the second round of general revision of public policies.The first, launched in late 2007 as it would have to generate 7 billion euros.

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The market for nuclear reactors following "an upward trend," according to Mitsubishi Heavy Industries (MIH). The conglomerate of Japan believes that dozens of these reactors should be located in Europe by 2030. And he does not miss the boat. The group is announcing Wednesday the signing of a letter of intent with the Spanish group Iberdrola Ingenieria y Construccion. His goal: to increase its chances of winning several bids for the construction of nuclear power in Europe. "We hope thus to accelerate the introduction of our advanced pressurized water reactors EU-APWR in European countries," MHI said in a statement.

Specifically, the agreement provides that if a contract awarded, MIH supports the manufacturing facilities and the provision of essential equipment.For his part, Spanish will be responsible to install, the grouping of devices and materials that their test. The offer of MIH is based on a pressurized water reactor of 1,700 megawatts (MW), whose rights have been designed for the Japanese market, and adapted to European standards and regulations.

MIH is not his first partnership with a European group. The Japanese already collaborating with the French Areva in a joint venture called TDD, which is developing a medium-power reactor for countries wishing to launch their first nuclear power.

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The rumor is part of a report released on Tuesday, lending to Greek leaders intend to negotiate the terms of any financial assistance from the EU and the IMF. Despite an immediate denial from the authorities of countries, markets have overreacted to information. In the wrong direction. Yesterday, the debt rate in Greece has reached new heights. The rate of ten-year bond rose to 7.161% before closing at 6.995%. One to two years saw its rate jump to 6.48% before closing at 6.11%.

The differential between the Bund and the Greek loan ten years, the German borrowing considered the benchmark in the European bond market, reached 391 basis points, a highest since late January. A level also close to 396 points reached at the height of the crisis.In other words, Greece must now pay twice as much as Germany to borrow on the markets.

In this tense atmosphere, the euro sank to its lowest level since March 26, to $ 1.33 against $ 1.35 last week. The tension on the Greek rate has rubbed off on the rest of European rates. Thus, the obligation comparable Treasury (OAT) French grew at 3.472% against 3.391%. The rate of Gilt UK has also tended to 4.004% 3.917% Thursday cons. The 10-year German Bund rose to 3.145% 3.080% cons Thursday night.

"It was a very bad day for Greek bonds," said Greek Finance Minister George Papaconstantinou.The latter also wished to refute the rumors again: "There was never any action on our part to change the terms of the recent European agreement on the mechanism of support," he said cheap pay day loans .

A difficult month of May

This renewed tension on the market does not bode well for the country that has yet to find 20 billion euros by the end of May to repay debt is estimated at 300 billion euros, or 113% of GDP. Macroeconomic statistics are not reassuring either. According to the European Commission, the economy needs to contract by 2.5% against 2% initially estimated.The deficit also revised upward, to reach 13% of the GDP against 12.7% of the initial estimate used as the basis for projections of the annual budget.

Asian investors, including Chinese and Japanese funds, show little enthusiasm for the idea of buying Greek bonds. George Papaconstantinou, which announced its intention to borrow dollars, must travel to the United States after April 20 to find new potential buyers.

In this context, IMF teams have to land Wednesday at Athens, at the request of the Government, to advise the country. The IMF should include a focus on fiscal discipline and the fight against tax fraud.A visit also intended to reassure markets that are questioning the viability of the proposed plan by the Greek government.

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Minister of Budget, Public Accounts and Public Administration, ?ric Woerth formally on Thursday at the High Council of State Civil Service Decree controversial mobility agents.

LE FIGARO. – What this decree on mobility will he?

Eric Woerth. – Simply apply the law passed last summer after much consultation! For officials, it will provide real career paths: a government can no longer retain an agent who found a job that interested in another jurisdiction, and it will lose more pay or seniority changing job …

Meanwhile, we are reforming the administration in depth. Services are merged, computerization is progressing: the final positions disappear.For staff whose post was abolished, the law "mobility" obliges the administration to make them three real proposals and to train them if they need while maintaining their full salary. If he refuses, the officer may be placed on standby, after consulting the Joint Administrative Committee (PAC) which comprises unions. Three new offers made on it. If he still refuses, he may be fired after a new shift in CAP.

Unions speak of a "provocation" …

This is not a red flag, but rather a white flag! The future procedure is far less brutal than the current established by the Government Mauroy. When an item is removed today, the official must accept the first assignment given to him. If he refuses, he is regarded as having abandoned his post and removed frames. He loses his rights to unemployment benefits.The rule is so harsh that it is rarely enforced.

The administration therefore pays workers who no longer work?

Twenty layoffs barely held each year for this reason. So, yes, people – especially managers – are paid when their post was deleted. It is acceptable to anyone.

Officials fear being forced to relocate or accept a position unrelated to their skills. What assurances can you give them?

The nurse turned into a sports teacher, is a cartoon! The law provides that the jobs offered will reflect the professional competence of residence and family status of the official guaranteed payday loans . The employer must meet these criteria, with review of the Joint Administrative Committee. And the agent will always go to court if he believes violated the law.The law will be applied to the quality of offers but also the consequences of six straight refusal. I reject both the caricature and the angelic being official, it is a status with rights and duties, including ensuring continuity of public service.

Seven of eight civil servants' organizations boycotted Thursday's meeting. Is this a sign of social tension?

I will chair this meeting, open to everyone to come in today – the crisis, but also the regional approach. The dialogue, at least, remains friendly, dense and direct association between unions and me. The evidence we have signed several landmark agreements, the latter again in November on the health and working conditions. Six of the eight organizations have also signed in mid-2008, a major text that redefines the union representativeness and establishes the principle of majority agreement.A slot is provided for the Assembly in late March to transpose it into law. As for officers directly involved in the reorganization, some feel, it's true concerns. This is normal because we are real reform! For us to respond by taking better account of human realities and providing clear career prospects.

Nicolas Sarkozy spoke on TF1 tenure of contract. Will you work there?

We will settle the issue this year. There are normal situations: people with CSD because they meet occasional needs or those who have chosen a permanent, sometimes better paid than the incumbents. And there are clearly abusive situations: people with recurrent CDD or CDI "sustained" on sustainable positions for no reason not to be tenured. These are cases that we review.The challenge is both financially – these people are already paid by the state – human. We must especially see how their establishment may involve the recognition of their experience. It makes no sense to send them the same competitions as external candidates as they have been working for the State.

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Following on Asian markets, the Paris Bourse is scheduled to open in February in prudence. The future is up 0.53% to 3738.50 points. After a week punctuated by a sharp increase from 1.37% to 3.739.46 points, investors should be preparing to take their profits.

Moreover, markets await the publication of a long series of U.S. indicators: income and expenditure of households for the month of January (1430), construction costs for the month of December (16 hours), the ISM index manufacturing activity in January (16 hours), and finally the budget 2011 (16 hours). And this, after the announcement Friday of GDP figures for the fourth quarter was up 5.7% personal business card