Föhrenbergkreis Finanzwirtschaft

Unkonventionelle Lösungen für eine zukunftsfähige Gesellschaft

Posts Tagged ‘France’

Paris will Dieselautos ab 2024 verbieten

Posted by hkarner - 12. Oktober 2017

Bis 2030 sollen keine Verbrennungsmotoren mehr in Paris zu hören sein.

Paris. Paris will bis 2030 alle herkömmlichen Autos aus der Stadt verbannen. Laut einem am Donnerstag vorgestellten Luftschutzplan sollen ab 2024 keine Dieselfahrzeuge mehr fahren, ab 2030 sollen die Benziner folgen. Ziel sei, Paris „mittel- und langfristig zu einer CO2-neutralen Stadt zu machen“, so die Stadtverwaltung.

Damit will Paris Vorgaben der französischen Regierung früher umsetzen als geplant. Umweltminister Nicolas Hulot hatte angekündigt, bis 2040 den Verkauf von Dieselautos und Benzinern stoppen zu wollen.  Den Rest des Beitrags lesen »

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Can Macron’s „Fire and Fury“ Lead a Renaissance for Europe?

Posted by hkarner - 7. Oktober 2017

Date: 06-10-2017
Source: YaleGlobal

Over the past decade, France as Europe’s third largest economy has not pursued an ambitious agenda as a member of the European Union. Likewise, resistance to political reforms has led to tepid economic growth hovering around 1 percent with only a few countries faring worse. President Emmanuel Macron, rejecting nationalism and embracing the potential of the European Union, may revitalize the French role. “Macron has moved to a dual strategy,” explains François Godement, a senior policy fellow with the European Council on Foreign Relations. “Use European needling to push domestic reforms, leverage these reforms to lobby the entire European Union for deeper integration, and needle Germany in the direction of federal economic governance for Europe.” Moving swiftly, Macron offers numerous policy proposals, pointedly avoiding treaty changes or mutualizing members’ past debts. Critics grumble about a jumble of policies, and Godement concludes that careful diplomacy is required in convincing other EU members, including Germany, that sticking with the status quo, avoiding reforms, will lead to Europe’s failure. – YaleGlobal

Macron, avoiding treaty changes, moves swiftly in proposing reforms to revitalize the European Union and France’s role
François Godement Den Rest des Beitrags lesen »

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The Chimera of Franco-German Reform

Posted by hkarner - 5. Oktober 2017

Hans-Helmut KotzHans-Helmut Kotz, Program Director of the SAFE Policy Center at the Goethe University in Frankfurt, is a visiting professor of economics and a resident fellow at the Center for European Studies at Harvard University.

In the past month, European Commission President Jean-Claude Juncker and French President Emmanuel Macron have both unveiled ambitious visions for Europe’s future. But both leaders‘ reform agendas will require the buy-in of a German electorate that is moving in the opposite direction.

CAMBRIDGE – An abiding truth in the United States is that all politics is local. Apparently, the same wisdom can be applied (to some extent) to the European Union, whose agenda ultimately depends on key member states’ national politics.

This is particularly true with respect to eurozone institutions, which almost everyone agrees are in urgent need of reform. Indeed, shoring up the eurozone was the common thread in major speeches by European Commission President Jean-Claude Juncker and French President Emmanuel Macron last month.

In his State of the Union address, Juncker boldly outlined his ambitious vision for Europe’s future. He called on the EU to complete its banking union, establish a European finance ministry (fully integrated into the Commission), and expand the EU-level budget. Den Rest des Beitrags lesen »

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Berlin and Paris Dance Carefully Around Deepening the Eurozone

Posted by hkarner - 16. September 2017

Date: 15-09-2017
Source: The Wall Street Journal

Germany wants to appear open to Macron’s ambitious plans, but officials harbor big doubts

French President Emmanuel Macron and German Chancellor Angela Merkel

BERLIN—Behind renewed professions of love between France and Germany, differences brewing over the euro’s future could spoil the romance.

French President Emmanuel Macron is pushing for the most ambitious deepening of ties among European countries since the Maastricht Treaty that put the continent on the road to the common currency. Germany thinks the euro isn’t broken and doesn’t need much fixing.

As Germany heads toward its elections on Sept. 24, Mr. Macron has stepped up his calls for deeper political union among the 19 members of the eurozone. “A currency zone cannot function durably without a common budget that can cope with economic shocks and encourage convergence between our economies by supporting investment projects in those countries that need them most,” Mr. Macron told Greek newspaper Kathimerini during a visit to Athens last week. Den Rest des Beitrags lesen »

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Macron’s Labor Gambit

Posted by hkarner - 8. September 2017

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The Two Pillars of French Economic Reform

Posted by hkarner - 2. September 2017

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Emmanuel Macron finds change is often unpopular

Posted by hkarner - 25. August 2017

Date: 24-08-2017
Source: The Economist
France’s young president slides in the polls, in part because he is doing the right things

TWO months ago, France’s young leader could do no wrong. Emmanuel Macron defied all the rules to win the presidency at the age of 39. He secured a parliamentary majority for a party that did not exist 15 months before, and wowed the French with his muscular treatment of unsavoury foreign leaders. But summer has soured the mood. When ministers return to work next week after an uncommonly short break, they will find a president who has slid faster in the polls than any other under the Fifth Republic, bar Jacques Chirac.

After his first 100 days in office Mr Macron’s approval rating dropped to 36%, according to Ifop, a pollster (see chart). At a comparable point, François Hollande, his hapless Socialist predecessor, was ten points higher. Given that unemployment has begun to fall, the euro-zone economy is picking up, and Mr Macron has yet to pass controversial legislation, this rapid fall from grace is perplexing. The best explanation rests on the nature of his victory, and three different sorts of discontent.

Under France’s two-round system, Mr Macron was elected in a run-off with a resounding 66%. But some of this was less a vote for him than against his opponent, the far-right populist Marine Le Pen. His solid base is his first-round score of 24%—lower than that of his two immediate predecessors, though higher than Mr Chirac’s in 1995 and 2002. These core voters are still firmly macronistes: 76% approve. His ratings have tumbled among those who never picked him as their first choice, particularly on the far left and far right. Den Rest des Beitrags lesen »

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Emmanuel Macron Loses Support, Endangering Bid to Ease Labor Rules

Posted by hkarner - 23. August 2017

Does anybody expect your popularity goes up when you change an opulent system radically. Therefore such articles are unjustly panicking! Rubbish! (hfk)

Date: 22-08-2017
Source: The Wall Street Journal

As unions prepare to fight looser employment code, president could face broad ‘alliance of the aggrieved’

French President Emmanuel Macron

PARIS—As Emmanuel Macron sets out to shake up France’s rigid labor market, the young president is losing the public support he may need to weather protests by the country’s powerful unions.

Less than four months after handing him the presidency in a landslide election win, voters are souring on a leader many hailed as a reformer who would help address Europe’s economic dilemmas and break down traditional ideological divides.

Unpopular budget cuts, accusations of an authoritarian approach and weeks of critical news coverage have sent Mr. Macron’s approval ratings in a downward spiral. The latest poll, published in mid-August by public opinion firm Harris Interactive, found that 37% of voters approve of him, down from 51% in July and 59% in June.

Given that drop, Mr. Macron will have to tread carefully in rolling out his labor reforms in September. For months, the 39-year-old president has been in talks with powerful labor unions in a bid to contain planned street protests. Now the prospect is growing that the ranks of those demonstrations could swell with students, retirees and other segments of French society unhappy with Mr. Macron’s early steps. Den Rest des Beitrags lesen »

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Why France and Italy can’t help clashing

Posted by hkarner - 12. August 2017

Date: 10-08-2017
Source: The Economist: Charlemagne

From Asterix and Caesar to Macron and Gentiloni, the two nations needle each other

CAST your mind back to July 9th, 2006. Italy had just won the World Cup. Charlemagne was in Rome and joined the rumbustious football fans marching through the centre. A great victory, he said to the young woman next to him. “Yes,” she shot back. “And all the better for having been won against the French.”

France and Italy are no exception to the rule that a country’s relations are often trickiest with its immediate neighbour. The final had seen an Italian flattened in a style that would have made Asterix and Obelix proud. In extra time, with the French unable to penetrate Italy’s tight defence, their star player, Zinedine Zidane, turned on the man marking him, Marco Materazzi, and head-butted him. Mr Zidane had been provoked: Mr Materazzi later admitted that he “spoke about his [opponent’s] sister”. But it was still a brutal piece of retaliation, and Mr Zidane was sent off. Den Rest des Beitrags lesen »

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Emmanuel Macron must keep his nerve

Posted by hkarner - 5. August 2017

Date: 03-08-2017
Source: The Economist

By promising to nationalise France’s biggest shipyard, France’s president is entering dangerous waters

THINK of it as a Macron micro test: the first industrial intervention by the man French voters put into the Elysée Palace, although he had never held elected office. It involves France’s biggest shipyard, at Saint-Nazaire, on the Atlantic. At the end of last month, rather than see the yard sold into Italian hands, the government of Emmanuel Macron pledged to nationalise it instead. A fervent supporter of the European Union and globalisation, Mr Macron is being accused of nationalism, protectionism and of trying to shore up his declining popularity. It is not that bad—yet. But Mr Macron should be wary of being sucked into an industrial policy that sets back his central aim of making France and the EU more competitive.

Shipbuilding in Saint-Nazaire has a troubled past. François Hollande, Mr Macron’s predecessor, oversaw a sale of a two-thirds share of the yard from a South Korean firm to an Italian pairing of Fincantieri, a shipbuilder, and an Italian investor. Together, they would have had a 54.6% stake; the rest would have been owned by the French government and a French investor. Mr Macron could have let the sale go ahead as planned. Instead, after a review, he has ripped the agreement up. He demanded a 50/50 split and, when the Italians refused, said he would exercise the state’s right to buy the lot. Den Rest des Beitrags lesen »

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