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The Pensions Reserve Fund (Fonds de réserve pour les retraites) [11] was set up in July 2001 with the aim of using funds from privatisations of state holdings to finance the future shortfall of the state PAYG system. The target was to create a fund totaling €150 billion by 2020.
The French Pension Reserve Fund (French: Fonds de Réserve pour les Retraites, FRR) [1] is a public entity created by law n°2001-624 dated 17 July 2001. Its mission is to invest monies entrusted to it by the public authorities on behalf of the community with the aim of financing the French pension system.
The author of the transpartisan motion, Charles de Courson, spoke that the removal of the government was "the only way of stopping the social and political crisis in this country". Éric Ciotti, leader of the Republicans, said invoking Article 49.3 was "a result of many years of political failures" that brought to the fore "a profound crisis in ...
The TIPP is collected by the services de la direction générale des douanes et des droits indirects (DGDDI) when fuel products are consumed on the domestic market. The revenue from the TICPE amounted to 30.5bn, or 1.15% of GDP, in 2022.
Just about a month into its tenure, the Borne government fought the 2022 French legislative elections on the 12 and 19 June. Throughout the campaign, the government faced several political controversies such as rape accusations against newly appointed Minister for Solidarity Damien Abad and the 2022 UEFA Champions League final chaos and its handling that drew widespread criticism at home and ...
The Baron de Mackau of France presenting demands to Jean-Pierre Boyer, President of Haiti, in 1825. The Haitian independence debt involves an 1825 agreement between Haiti and France that included France demanding an indemnity of 150 million francs in five annual payments of 30 million to be paid by Haiti in claims over property including Haitian slaves that was lost through the Haitian ...
As part of the same train of reform, Frère-Orban established the Caisse générale de retraite, which later became the Caisse Générale d'Épargne et de Retraite. Initially the National Bank was mainly an issuing and discounting bank, leaving the business of longer-term credit and investment to the SGB and others. [3]: 12