July 29th, 2010
In the darkness, my wife screams, then, as I rush to the rescue, starts to laugh. She has been captured by a giant Venus flytrap – but this particular carnivorous plant is made of plastic. We are at Terra Botanica, a new attraction in France's Loire Valley. This is a very ...
July 28th, 2010
The growth in European real estate transactions continued to rise in the Q2 despite investor uncertainty over the sovereign debt crisis. Separate sets of figures from Cushman & Wakefield and DTZ both showed transaction volumes increased compared with the previous quarter. Cushman & Wakefield reported that deal volumes in the ...
July 27th, 2010
France and Germany urged the European Union on Wednesday to impose tougher sanctions on serial budget deficit offenders, including stripping them of their voting rights in the euro zone. The Franco-German proposal, made in a joint letter and approved by a French cabinet meeting attended by German Finance Minister Wolfgang Schaeuble, ...
July 26th, 2010
France's leading four banks are strong enough to face another potential crisis after passing with success Europe stress tests, Bank of France, the central bank, said on Friday. The tested banks were BNP Paribas, Societe Generale, Credit Agricole and BPCE, the parent of investment bank Natixis. Regulators tested the ability of 91 ...
July 23rd, 2010
The number of people required to pay wealth tax in France has grown by about 4% this year, despite the economic crisis. Provisional figures from the budget ministry show 562,000 people made a wealth tax declaration by the beginning of July, up from 539,000 at the same point last year. ...
July 22nd, 2010
French ministers have welcomed German Finance Minister Wolfgang Schauble to their weekly cabinet meeting in a first for the Franco-German relationship. Following Wednesday's Cabinet meeting, Schauble and French Finance Minister Christine Lagarde were holding talks on economic and financial matters with representatives of the two countries' central banks. It was the first ...
July 21st, 2010
Britain, France and Germany are urging European Union nations to agree to a 30 percent cut in carbon emissions by 2020 in an effort to combat climate change. Britain's climate secretary, along with the environment ministers of France and Germany wrote in a joint letter published Thursday that the EU must ...
July 20th, 2010
European commercial real estate investment turnover reached €23.5 billion in the second quarter of 2010, a 15% increase on the €20.3 billion transacted in the first three months of 2010, according to the latest data from CB Richard Ellis (CBRE). Investment turnover rose despite the stress factors ...
July 19th, 2010
Air passengers in France will be able to mix and match between Flybe and Air France routes under a new sharing deal due to launch in the autumn. The two airlines have agreed to begin marketing each other's routes, with Flybe moving to Terminal 2 at Paris Charles de Gaulle ...
July 16th, 2010
A top international agency has welcomed the attempts by the French authorities to bring clarity to a confused law regarding owners renting out their Parisian “pied-à-terres” on short-term lets. Talking to OPP this week, Mark Harvey, International Developments Consultant at Knight Frank said that it is “encouraging that ...
