Blogposts by Tag: economy

  • What's our response?

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    Rating: 5/5 with 1 votes

    Published Friday, July 4, 2008 at 10:23
    by franciscopolo Join PES activists in New Social Europe (76 views and 0 comments)

    As you all know the European Central Bank has its main goal to control the interest rates, that is to say, the price of money in the eurozone. The matter is that the Federal Reserve of the United States is keeping an interest rate much lower than the European ones. While we are having a 4% interest rate, in the States the interest rate is around 2%.

    This has several consequences but the most important ones are that our companies can’t invest so they can’t become more competitive and that our products become more expensive abroad Europe so our companies become even less competitive.

    If we add to all that the fact that oil is having peak prices almost everyday so everything is becoming more expensive for them, the result is easy to see: they are trapped.

    In order to face this situation “the European Central Bank should ask itself not only about inflation but also about economic growth”, Mr. Sarkozy said. “You can double interest rates and that will not make go down the price of the Brent barrel”.

    This is a position held by Sarko. I wrote about it yesterday in my blog. And then I wondered…

    What’s our political response to the economy crisis?

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    Tags: blogger of the week, economy, employment, investment


  • EU Corporation Tax Harmonization - An Irish perspective

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    Rating: 5/5 with 1 votes

    Published Tuesday, July 1, 2008 at 11:58
    by aidanosullivan Join PES activists in In the spotlight (179 views and 0 comments)

    With attempts to harmonize corporate tax rates being vetoed by states like the UK and Ireland, the EU Commission wishes to address the tax obstacles facing companies operating across the Internal Market by implementing a Common Consolidated Corporate Tax Base (CCCTB).

    The CCCTB would mean reducing the cost of working with 27 different national tax systems as they would be able to compute their aggregate profits to a single set of tax rules. The total EU profit would be then apportioned among the countries where the firm is active.

    It has established a Working Group to consider first its technical definition and later details of the profit apportioning mechanism. Commissioner Kovacs had plans to bring forward proposals before the end of 2008, but this is now postponed due to the Lisbon Treaty vote in Ireland. The CCCTB will be optional and the Commission will propose its adoption under the enhanced cooperation mechanism failing unanimous agreement.

    The Case for CCCTB

    The Commission believes that reform of EU corporate taxation is crucial for achieving the goals of the Lisbon agenda and that an efficient, transparent and simplified tax regime will improve the functioning of the Internal Market. It believes CCCTB will contribute to the international competitiveness...

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    Tags: economy, EU, Ireland, Tax


  • Plutôt Schuman que Marshall !

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    Rating: 4/5 with 2 votes

    Published Tuesday, May 6, 2008 at 09:34
    by yoan.abiven Join PES activists in EU in the world (429 views and 0 comments)

    S’inspirer de soixante années d’expérience de la construction européenne pour avancer un nécessaire projet d’Union Méditerranéenne est, à première vue, une idée excellente. Vigilance pourtant au moment de manipuler le vocabulaire et les méthodes de la success story européenne.  L’Europe des pères fondateurs ne se résume ni à quelque technique habile, ni à quelques mots magiques, pas plus qu'à des partenariats économiques tous azimuts. Elle oblige génétiquement à un partage de souveraineté sur ce qui fait mal.  L’Europe politique n’est pas née seulement et durablement des moyens financiers offerts par le plan Marshall. Elle s’est imposée dans le sillage d’un geste politique historique, celui de la déclaration Schuman. Or, cette initiative allait bien au-delà du champ économique. Il ne s’agissait pas d’annoncer la restauration du théâtre de Bayreuth avec des prêts bonifiés ! A cette époque, on voyait plus loin, on visait plus haut. On confiait à une autorité politique nouvelle ce qui avait servi à tant faire couler le sang des... read more

    Tags: citizens, economy, immigration, security, solidarity


  • L’enjeu écologique appelle une révolution verte

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    Rating: 3.4/5 with 5 votes

    Published Wednesday, March 5, 2008 at 21:11
    by Pierre_Kanuty Join PES activists in Save our planet (623 views and 1 comments)

    Plus personne n’ignore l’importance du développement durable. C’est devenu un aspect désormais incontournable des politiques publiques, de la production et de la recherche. Fini le temps où l’écologie n’était la marotte que de quelques chevelus nostalgiques des années 70. A mesure que l’on avance dans le temps, les effets du réchauffement climatique, de la raréfaction des ressources se font sentir de plus en plus.

    Cela appelle une révolution culturelle dans la pensée de la gauche et d’ailleurs cela a été engagé depuis quelques temps.

    Après le temps de l’indifférence est venu le temps de la réparation. On produit, on consomme, puis on nettoie. A l’évidence, ça ne suffit pas. L’ampleur de la pollution ne vient pas de la seule consommation, mais aussi de la production. D’ailleurs, c’est tout le système économique qui est concerné : la production mobilise les ressources naturelles dans une quantité que la disponibilité des sols ou des sous-sols ne peut suivre et la consommation, à l’autre bout de la chaîne entraîne une pollution que la...

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    Tags: consumption, economy, pollution, sustainable development


  • Yohann Abiven: the New European Deal

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    Rating: 3.5/5 with 4 votes

    Published Wednesday, March 5, 2008 at 10:06
    by yoan.abiven Join PES activists in New Social Europe (588 views and 1 comments)

    In these present times of total and globalised capitalism, what socialists really strive for is to equate prosperity and solidarity anew. In former times, in XIXth century France, this was called “solidarisme”. It was only through the Republic and socialism that France was able to consolidate and give a human face to this new individualistic order and come up with the first social insurance systems. It seems to me that we are undergoing a similar transition today. True, the present context is totally different: we are in post-modern times where Nation States are fading and we are asking ourselves the eternal question of the relationship between individuals and society. To what regulations, what authority could these free individuals legitimately be accountable? This question is relevant at all levels: in the family structure, in the company, in the streets, at university, when paying taxes, etc. As for the workplace, there is a social-democratic response, namely flexicurity and this response is based on a clear awareness of the conditions of the knowledge economy. Is this enough? I am committed to two things: Europe on the one hand and France on the other. Here is why.

    The PES should support European flexicurity based on a social dialogue carried out at European level... read more

    Tags: blogger of the week, economy, flexibility, flexisecurity, PES, security, social europe, work


  • Yohann Abiven: The single market needs a shield

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    Rating: 4.4/5 with 5 votes

    Published Tuesday, March 4, 2008 at 14:31
    by yoan.abiven Join PES activists in New Social Europe (552 views and 1 comments)

    The hopes for a better European future are stalling. In that context, what are the urgent matters that need dealing with?

    First and foremost, the European Union can measure its legitimacy by its usefulness. In order for Eurosceptics, starting with the French, to think of Europe as indispensable, Europe must become indispensable once again.

    In the short term, if Europe wants to be 'desirable' again, it needs to tackle social insecurity. European citizens will renew their vows with the EU once the Union finds a coherent and effective answer to their present rightful claims to a protection of their way of life. This is not just a matter of communication or better explanation of its policies. The European construction suddenly stumbled precisely over the social dimension, at a time in which the century-old pillars of our social welfare were crumbling down in the apparent indifference of our political elites.

    Today, in our search for a wide consensus over Europe, we should perhaps think that in order to deepen the Union, we should enlarge its mission to the social field as much as we should review its institutions.

    This is all the more important that the European Union has a certain degree of legitimacy because it is such an example to others. The European Union is unique in its...

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    Tags: blogger of the week, economy, left-wing, programme, shield, social europe, Socialist Party