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Economy

7 March 2014
Hate Them, but Foreigners Have Made Switzerland Prosperous
Just a few weeks after the vote to curb immigration was narrowly passed, the Swiss multinationals, who employ numerous cross-border workers, are hoping to get back to (...) 27 February 2014
Barclays Raises Bonuses 10%, Cuts 12,000 Jobs
On Feb. 11, Barclays, the British bank, simultaneously announced an increase in the bonuses granted to its bankers and the shedding of 10,000 to 12,000 jobs, mainly in (...) 4 February 2014
French Finance Minister Opposes European Bank Reform
Pierre Moscovici thinks the European Commission’s proposals to limit the systemic risks posed by the big banks are too radical. He has adopted the viewpoint of the traders and (...) 2 February 2014
Poissy Peugeot Plant: “Temporary Workers to Go”
Management at the PSA Poissy plant have confirmed that a 684-person assembly line team will be eliminated. “Without layoffs,” management states, but the CGT says that at least (...) 5 January 2014
Holiday Purchasing Power Flagging
French people’s purchasing power fell by another 0.1%, and they drew on their savings, according to figures published December 24 by the (...)

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