NEWS COVERAGE - FRANCE

ECONOMY AND BUSINESS NEWS FROM THE PAST WEEK

Business Sweden, Paris
June 2nd-7th, 2014
BUSINESS SWEDEN 9 JUNE, 2014 2
THE PAST WEEK
La Nef starts an ethical bank
Bank and ethics ... two words rarely associated. Its
definition?
"We fund projects that have a social, cultural or
environmental impact. We guarantee full
transparency on the circulation of money.
Obviously, we do not hold any speculative
products explains Frdric Moukarim, Director of
Development.

Pfizer is giving up on buying AstraZeneca
The both acclaimed and criticized economist, Picketty
talk about Sweden in an interview and said Sweden
should reintroduce wealth and inheritance taxes
Hollande talking to Obama about the big BNP Paribas
fine - 10bn
Prostitution and drogues soon included in the European
GDP statistics

One big market, 800 million consumers
What is promised with TAFTA:
Growth
Creation of jobs
Skepticism towards the TAFTA based on disappointing
results from other similar trade agreements
Relocation of the judicial system
The main idea would be to start using arbitration,
instead of national court
Closed doors and self chosen judges
Regarding the issue, both France and Germany
said they were against the proposal and it is now
up for consultation in the EU.

Is the negotiations carried out in opacity?
The idea is that if it communicated what is said and
wants to give out their cards to USA
The counter argument is that it is anti-democratic.
With the latest results of the European elections are
said TAFTA not get more opportunity to be adopted
States are publishing their negotiating positions within
the World Trade Organization (WTO) anyways.
BUSINESS SWEDEN 9 JUNE, 2014 3
TAFTA WHAT DO WE REALLY KNOW?
According to figures published by Agence Bio purchases
of homes have increased by 9 % in 2013 to 4.35 billion
The most acclaimed product is undoubtedly the egg
Organic milk also made a breakthrough. In value
terms, it already represents 10 % of the market .
Then come , according to Agence Bio , fruits and
vegetables, a radius in which the bio weighs 6 % if
one excludes bananas and citrus .
But the growth rate over the last four years is to the
account of wines , whose sales jumped 56 % over this
period .
The challenge today for the organic sector is the
strengthening of the production.
Between 2009 and 2011 , a wave of conversions of
farmers into agriculture more respectful of the
environment has better meet demand.
But in the case of fruits and vegetables but also grocery ,
specialty stores are the ideal place to purchase homes .
And it is direct sales from producers who grew the most.
It jumped from 17.2% in 2013. It is advocated for the
purchase of fruits and vegetables, wine, not forgetting
meat or cheese.
Another factor in the growth in the organic food basket :
a very small price increase. Would be limited to 1% on
average in 2013 , according to Agence Bio .
BUSINESS SWEDEN 9 JUNE, 2014 4
ORGANIC PRODUCTS IN FRANCE
Hollande is cutting down the number of region from 22 to
14
We have to simplify our public life, to make our local
government more efficient and limit the resort to taxes
Mr Hollande wrote in an article published in regional
newspapers.
The government said the changes would yield savings
of 10bn over five to 10 years.
Apart from regions and departments, France has no less
than:
36,700 municipalities
2,500 intercommunal groupings
The central state is also represented locally through
100 prefectures and more than 200 sub-prefectures.

This change has been awaited nationally and
internationally for 20 years.
The first one to actually change it
Still Agns Verdier-Molini, Ifraps director, points out Mr
Hollande has made no commitment to reduce the
number of municipalities and cut the number of those
employed in the various layers of local government or
reform the prefectures
That is how you get the real savings, said.


BUSINESS SWEDEN 9 JUNE, 2014 5
SHAKE-UP OF FRANCES LOCAL GOVERNMENT
STRUCTURE
http://abonnes.lemonde.fr/sante/article/2014/05/26/pfizer-abandonne-son-offre-sur-astrazeneca_4426412_1651302.html
http://www.dn.se/ekonomi/stjarnekonomen-aterinfor-formogenhetsskatten/
http://www.di.se/artiklar/2014/6/3/nu-ska-fransoserna-cykla/
http://abonnes.lemonde.fr/afrique/article/2014/05/26/areva-signe-un-accord-avec-le-niger-sur-les-mines-d-uranium_4426359_3212.html
http://bourse.lesechos.fr/infos-conseils-boursiers/actus-des-marches/infos-marches/le-cac-40-signe-un-nouveau-plus-haut-annuel-975337.php
http://abonnes.lemonde.fr/argent/article/2014/05/26/la-premiere-banque-ethique-francaise-sur-les-rails_4426311_1657007.html
http://abonnes.lemonde.fr/les-decodeurs/article/2014/06/06/sexe-drogue-et-trafics-en-tous-genres-bientot-dans-le-pib-europeen_4432410_4355770.html
http://abonnes.lemonde.fr/les-decodeurs/video/2014/05/22/comprendre-la-tafta-en-cinq-questions_4424080_4355770.html
http://www.ft.com/intl/cms/s/0/adff0b20-eb1a-11e3-9c8b-00144feabdc0.html#axzz33aALmJGv











BUSINESS SWEDEN 9 JUNE, 2014 6
SOURCES