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"It was like in the 1970s," said Senator Sabina Rossa, daughter of a trade unionist killed by the far-left terrorist group Red Brigades. Like Greece, Italy, suffocating under the pressure of austerity. Some do not hesitate to use violence to express their anger. So much so that the country is afraid to relive the dark days of the 1970s and 1980s, called "years of lead", with the rise of violent political activism.

Target of these attacks, the symbols of austerity. Saturday, two Molotov cocktails were thrown against an agency's office of tax collection Equitalia in the city of Leghorn (northwestern Italy). The previous day, clashes broke out before another agency's office in Naples. Last week, an official of Equitalia had been held hostage for several hours by a trader before he did make to the police.

A meeting is scheduled for Thursday

Monday is the CEO of a public subsidiary of the giant Italian Finmeccanica specialized in nuclear power that has been wounded in the legs by a gunman who was referred on the streets of Genoa (northwestern Italy). Friday, an anarchist group claimed responsibility, "dedicated" to Olga Ikonomidou, an anarchist held in Greece and has announced plans for seven other actions Payday Loan for Bad Credit. In his claim, he promises to take then to Finmeccanica, the second group of industrial countries. "Finmeccanica is death and exploitation," he wrote in a letter of four pages. These movements are the result of anger to the austerity measures implemented by the government which tracking Monti fraudsters and tax evaders and raises taxes.

Therefore: the Italian government will raise the alert level throughout the peninsula. A circular was sent to all departments concerned said the Interior Minister Anna Maria Cancellieri in an interview with daily La Repubblica and Il Corriere della Sera.

"Thursday is a scheduled committee meeting to order and security" during which will be presented "a package of proposals," she said. To defend the offices of Finmeccanica and tax agencies to Equitalia, the Italian army could be called in as reinforcements.

Risk "escalation" is

Equitalia an agency in Rome where a threatening letter was received. Photo credits: Domenico Stinellis / AP

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From our correspondent in Brussels The European economy is showing signs of continued weakness. The Brussels Commission anticipates the continuation of a "mild recession" throughout the first half of 2012, in its latest forecast released Friday. She was pushed to the slow recovery, driven by global growth and trade. But the burst also requires the continued recovery: "If we do not undertake new efforts resolutely, growth could remain weak," says Olli Rehn, Commissioner for the Economy. The warning is aimed, among others, in Paris.

The European Commission confirms that it indeed does not believe in the commitment of France to return to a deficit of 3% of GDP: it believes that the path leads instead to 4.2%, but policy change in the meantime . What complicates the situation for Francois Hollande and, perhaps, weaken some of its most expensive promises.

Under the scrutiny of experts, Europe – and particularly the eurozone – is a group exposed to "great disparities", if not serious tensions. In Germany, the first class out of reach of any material, opposes Spain, the fourth economy of the euro, which never ceases to plunge into the red whether the activity, unemployment or public accounts. Within Euroland, Belgium, the Netherlands and Ireland also miss the fiscal trial run. Clearly, the debate austerity-growth is not about to be extinguished. Not to mention the Greek hopeless case …

The fiscal covenant "is not stupid."

Madrid promises to return to 3% deficit next year? The Commission corrects and provides 6.3%. Realistic to Brussels, Conservative Mariano Rajoy could be the first to benefit from a late May deadline pushed back to 2014, even dent the official code of collective discipline. Commissioner Rehn dodged the question. But he raised the possibility of treatment "differentiated" because, he said, the fiscal pact "is not stupid."

For France, the hypothesis of a loosening of the stranglehold of 3% next year, however, is not on the shelves. "We expect that the French authorities specify the measures planned for 2013," Olli Rehn impatient setting out for the first time at the podium a request already heard behind the scenes in Europe, chaired by Sarkozy. The Commission will make its recommendations on May 31 Sanctions against Paris would intervene only after several years of deficits observed.

"We're not there yet," they say in Brussels. But France would have no mitigating circumstance – unlike Spain, Greece or Ireland. In keeping with German and domestic demand, which resists the Hexagon would grow by 0.5% this year and 1.3% in 2013. Unemployment, though rising steadily (10.3% next year), would remain below 11% of euro area average.

In comparison, France's President Holland is not the worst off and she still has to restore its margin accounts.

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We were waiting at Apple, here he teams up with the followers of the "kitchen air." French designer Philippe Starck developed with David Edwards, Harvard professor to whom we owe the inventions at least like the original "Whif" (the inhaler chocolate, green tea or coffee), a spray supposed to get the feeling drunk without drinking a drop of alcohol. Called "Wahh Quantum Sensations", this little spray 2ml of false airs stick lipstick releases 0.075 ml of alcohol at each spraying, enough, according to its designers, so that the brain is stimulated and feel the effects of drunkenness quick pay day loan. For Philippe Starck, this invention offers the consumer a way to "escape" without suffering "adverse effects" of alcohol. It allows you to experience "the smell of intoxication due to infinitesimal amount, a thousand times less than a glass of alcohol."

This little spray 2ml of false airs stick lipstick releases 0.075 ml of alcohol in each spray. Photo credit: FRANCK FIFE / AFP

 

That's at least one area in which Nicolas Sarkozy and Francois Hollande are the same observation. To build more and cheaper to build, the state, which is the largest landowner in France, should accelerate the sale of its lands. It is urgent: according to the Fondation Abbé Pierre, missing 900,000 homes in the Hexagon. To end this shortage, it would build 500,000 per year. But in 2011, which was not a bad thought, we built only 360,000.

Course, freeing land owned by the state and public institutions (SNCF, La Poste, RFF …) alone will not solve the problem. Again, the outgoing president and his opponent argue the same figures: this commitment will build 100,000 homes over the five year term. However, the two candidates differ on the implementation of this policy. "We will sell the land at market price, because we do not want to burden the state budget, says Benoist Found, the Minister of Housing. This will yield $ 2 billion. And we will build both social housing as housing homeownership. "" We will give the land to ultimately bring down prices of apartments, retorted Senator Repentin Thierry, in charge of housing the team in Holland. And we will build exclusively social housing. "

The idea of ​​selling land to large-scale department to remedy the housing shortage is not new. Nicolas Sarkozy has already been set to music between 2008 and 2012. With, the key 55,000 homes. Previously, Dominique de Villepin, prime minister, had tested in 2006. Result, today, many real estate projects are developed on former public land.

Unavoidable delays

Thus, in Dijon, 450 dwellings are currently out of the ground instead of the military hospital Hyacinthe Vincent, disused. In Paris, 3,500 apartments, of which the first to deliver in two years, will be built at Batignolles on land ceded by the SNCF and RFF. Of urban redevelopment initiatives have a major drawback: they take too much time. It took fifteen years for the first buildings to be built at the fort of Issy-les-Moulineaux, which housed the Directorate General of Armaments (DGA).

"These are times to extension, as there are plenty of incompressible phases: the negotiation of the sale price, changing the local development plan (PLU), demolition, obtaining building permits, the possible the clearance of …, "said Jean-Claude Florence, deputy department in charge of conveyancing to the Department of Defense. Another black spot: public operators sell the land without any discount, the market price. And as the land itself adds every year, they also help to increase prices of new housing.

 

Note: Nicolas Sarkozy aims to balance public finances in 2016, Francois Hollande in 2017.

Roman Lucazeau, Chargé de Mission in the Business Institute, details the mechanisms at work in the test programs.

THE FIGARO.FR. – Why submit programs of candidates for this test?

Roman Lucazeau. – Although, compared to the 2007 presidential campaign, the programs of the two main candidates are more accurate, they still gray areas and are based on slightly different economic scenarios. This makes comparison difficult. So we tried to apply the same economic variables: growth rate, inflation, unemployment rate, by 2017. We also wanted to discover what happened to the public finances if the programs were implemented with, notably, lower growth than that provided by the candidates, for example, that France has known, on average, over the past decade.

Originally, this type of exercise is applied by the financial authorities to banks. These are subject to economic scenarios degraded to assess their strength in case of economic crisis. We use a similar method to test the ability of candidates to achieve their stated goal (zero deficit in 2016 for Nicolas Sarkozy in 2017 for Francis Holland).

But in a crisis, a candidate can always abandon its initial program

guaranteed high risk personal loans.

Absolutely. We test the strength of their roadmap, as defined during the election campaign, in a worse position than they anticipate. We evaluate today's promises and do not prejudge the future president of the reactions in case of contingencies.

How does this model?

We leave the bases nominee programs (eg growth rate, the level of taxes and public spending …) and against which they built their proposals. These assumptions are public and have been developed by their campaign teams. We determine how the deficit and debt change if we change some parameters on the basis of data and public reporting, the INSEE, the Court of Auditors and of Bercy. The details of our methodology is available on our website.  

How do you ensure objectivity of your approach?

We submitted the candidates' platforms to the same constraints: same inflation, even growth, even drift government spending or health insurance, etc.. The differences between results are explained by the differences between the programs themselves. Debt strategy of the two candidates based on both on growth, tax increases and budget savings. But Nicolas Sarkozy and Francois Hollande do not intend to use these levers to the same extent. Their programs do not react the same way a change of parameters.

Presidential in major cities Paris | Leeds | Lyons | Toulouse | Leeds | Sheffield | Liverpool | Bordeaux | Lille

 

LE FIGARO. – Your father sends you to a company's image. In what mood are you?

Alessandro Benetton. -When writing the new chapter of a book, you must have read the previous calmly. Know that the first line of your chapter begins with the last chapter before. But only you write. The context is difficult. Like when I was given the Benetton Formula 1. I was 25. This may be my destiny to accept difficult missions.

What are your plans to correct the sales of a company that ran out of steam?

It is true that in markets where we are most present, there is more growth. I have both consolidate our presence in Europe since the brand is Italian, but at the same time, go to Korea, Russia, India and Turkey. Grow internationally will be expensive. To achieve this, I need to change the organization, with new people. Among the areas for improvement, we will focus on products and sales. We must enhance the shopping experience. We had done enough. Partly because of the lack of lines, on one side, and an excess of references in each range, on the other. We will strengthen our collections and return to the colors and sweaters that have made us successful. For United Colors of Benetton, You Nguyen, Levi's former home, oversees product design and merchandising, which reinforces the coherence of the store, handing it to the heart of our strategy.

Will you renew your products and stores Benetton, Sisley, but Playlife?

I want to develop around Benetton other brands, each with its history. United Colors of Benetton will remain the flagship brand, but all must move forward so that we improve our results. New store concepts are deployed. For Benetton, the products will remain colorful, accessible and quality. Loyal customers already know that our products can last for years. While garments Sisley remain more sophisticated patterns and colors. In the new stores "icon-stores" of United Colors of Benetton, in major cities worldwide, including Paris, New York, Milan, space is also more segmented between collections or casual city. We installed Giant wool sculptures, titled "Lana Sutra." It amuses me, these ideas from young artists. We offer a shopping experience strong emotions that entails.

Get ready for launch?

Within United Colors of Benetton, I started the "pin-up" last year: this sweater takes the form of the body outline. I put too much on my brand sportswear for young, Playlife, mainly present in Italy. I've reintroduced two of our other brands untapped for years: Killer Loop-and-Jeans West, claw jeans and high cool, 3 horses scratched from the Italian flag. It was one of the first chains of Benetton in the 1970s for denim. Multi-brand, the store also sells gadgets, bags and other decorative objects external marks. It is staged as the loft of a young lover of travel and music. I want to export to Europe and Asia.

Will you continue to make communication campaigns "shocks"?

The Benetton brand awareness remains strong, in 120 countries. We raise large institutional campaigns time to talk about our values ​​twice a year. The next will be in October. The previous Unhate (Non-hatred), which showed political and religious leaders peacefully kissing on the mouth, was seen by 500 million people. To reach a new younger generation who knows us wrong, it was designed for the Web world. This has re-emphasized our research center in communications, La Fabrica, which create 30 young artists each year fellows. Benetton is not a seller of clothes like the others. What matters is that these campaigns have action even if the effects of sales come later.

You get inspired fashion brands like Zara and H & M, who have taken market share in recent years?

Every business has its DNA, I never believed in those who copied a competitor's model for success. But models of business organization of the "fast-fashion" (fashionable high turnover) have stimulated, encouraged to become more aggressive in collection development and in stores. We produce in Tunisia, with own plants in particular, but also in Serbia, so close to us, and this proximity allows us to be as responsive.

Why did he leave Benetton Stock Exchange, where he was present for twenty-six years?

To those who think the stock is useless, I say no! I was a young analyst when Benetton was listed for the first time in Milan. It was a company of 21 years, innovative, fresh in its approach. She wished to guard a big risk: that of being overtaken by galloping growth. The stock market gave us a rigorous management. But since 2008, the financial system is passed through an unexpected crisis. This has led to regulatory measures designed to protect investors, but that induced excessive restrictions for businesses. So far from my mission as an entrepreneur.

Heir model

"Ma, you know me?" Asked his father, Luciano, an advertisement for American Express in its simplest device. Alessandro, prefers him, unveiling … his passions, sports and art, on his blog. Before restoring color to Benetton, this lover of skiing, a graduate of Boston University and an MBA at Harvard began as an analyst at Goldman Sachs. Then created, in 1992, his investment fund: 21 Investimenti. He is now head of a portfolio of over 1.3 billion euros of investments in diversified companies with high potential.

Within the family group, he also chaired between 1988 and 1998, Benetton Formula, in a difficult again. The team won two titles at the world championships for drivers, before being sold to Renault in 2000. Benetton racing cars are on display in the historic factory of the group became a museum showroom near Ponzano Veneto, a small town north of Venise.Alessandro, and amateur kite ski, lives with his wife The ski champion Deborah Compagnoni, and their three children, in a modern and discreet built by the architect Tadao Ando. Benetton is also headquartered in an equally magnificent Villa Minelli sixteenth and seventeenth centuries, restored in the state of the art. This is where Alessandro Benetton has given us an exclusive vision of the future Benetton

.

 

So that was played Saturday night clasico the FC Barcelona-Real Madrid, it's another training professional football in the city, Espanyol that has caused the most press in recent weeks. As the euro area, the club is indeed great lengths to put its finances. Last March, the boss from July 2011 to the current tenth of the Spanish league first division, Ramon Condal Escude, did not hesitate to explain that he would put his players on the transfer market at the end of the season, to bail out. For RCD Espanyol, it's nearly a million casualties in 2011, and a debt of 148 million euros (nearly 69 million euros to the Spanish tax authorities). Abysmal, while the club budget fluctuates from year to year between 40 and 45 million euros.

Fiscal austerity

Ramon Conde, head of the Catalan club and "Merkel football"

 

The Bourdonnec: "The butcher recruits … by Cadremploi

Yves-Marie Le Bourdonnec is the ambassador of charm of a sector that needs workers. The butcher in Paris is quite a vocation. 300 entrants in its various training centers for 100 outbound. While the sector would need, just in Paris, to recruit a thousand young.

Then the butcher star, one that snapped the magazine, is looking elsewhere. Among his collaborators? A criminologist, a former entertainer or an intermittent former marketing manager. This may be anecdotal, but the trend is there: the skilled crafts are attracting more and more graduates who had a priori nothing to do. Universities are creating pathways that guide to small business under the guise of entrepreneurship. And recruitment side, Yves-Marie Le Bourdonnec has his technique: he breakfasts. "We see how to eat a candidate if he is smart, he will be friendly with customers, he likes the food trade." And if he does not eat the fat of the steak? It will not pass the qualifications …

In short, crisis effect or impact Top Chef, become craftsman is no longer the symbol of a downgrade for the tray 3 and Bourdonnec has understood. He communicates as if it had launched a start-up and works his personal branding as a leader. The man knows how to talk to the media, but there's a reason. "When very young I started my business in Asnieres-sur-Seine, three days later, opened a butcher shop next door. To survive, I were to suggest something different. "

Then the butcher decided to settle in the landscape. Meat long matured, offset pictures in the shop, the butcher parts shown in Japanese, hanging meat as if it were exhibits in an art gallery. He recounts with relish the Russian client came to buy his steak as if it were the windows of jewelers

. Place Vendome

That's why the butcher, who just opened a second shop at 172 Avenue Victor Hugo in Paris, seduces. And we made a business of his storytelling that could serve many entrepreneur.

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FOLLOW THE INSTRUCTIONS ON FIGARO:

"Twitter: @ LeFigaro_Emploi

 

A new era for the yuan. From Monday, the Chinese currency will fluctuate by 1% above or below its central rate set each morning by the Chinese central bank and pegged to the dollar, against 0.5% so far. By doubling the fluctuation band set mid-2010, Beijing made a move to further liberalize its exchange rate gradually, in "responding to market requirements", in the words of the central bank. People's Bank of China (PBoC) has, however well maintain control over the exchange rate of the renminbi, another name for the Chinese currency, keeping it "basically stable at an equilibrium level." In a crisis situation, no question of letting the Chinese currency prey to international risks.

Beijing's decision is consistent with a policy direction set out again early in March by Premier Wen Jiabao, providing for a rebalancing of growth that relies less on exports and investment and more on domestic demand. Allowing a slight rise in the yuan, the PBoC's decision in this direction: a money a bit more expensive but reduces exports in return decreases the cost of imports.

The exchange rate, an essential tool

The slowdown in Chinese growth to power offers more leeway to ease monetary policy, whose exchange rate is an essential tool. The Chinese gross domestic product rose by 8.1% in the first quarter, against 8.9% last quarter, a sign that China can no longer rely on exports for growth pay day loans. But alongside that, fed by fears of inflation remain high. While rising consumer prices is less than 4% maximum set by the government, they rebounded to 3.6% last month. A rise in the yuan can therefore contain these inflationary pressures to preserve the purchasing power of Chinese consumers.

Reducing the trade surplus also puts less pressure the Chinese currency. Last month, China saw its trade surplus to 5.35 billion, a figure well below the surplus recorded last year. She was even deficit in February, from 31.5 billion.

All these data therefore give the Republic a window to pursue a goal long displayed: go to term the yuan convertible, with a free exchange rate. The multiple currency swap agreements signed with different countries, like Australia in March, are steps towards internationalization of the Chinese currency.

Trading partners of China should welcome the decision of the central bank. They have been demanding for years the appreciation of a currency that they believe benefit Chinese exports unfairly with its unusually low. "They have made progress," admitted a close advisor to Barack Obama Sunday, but Washington "expects to see more movements."

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