Z nedzy do pieniedzy ..:)

[andy11]

Saturday, March 23, 2013

France says studying all options for supertax on wealthy


PARIS (Reuters) - The French government will study all options as it seeks to revive a controversial supertax on the wealthy after a proposed 75 percent levy on millionaires was shot down, the Finance Ministry said on Friday.

France's top administrative court has concluded that any maximum marginal tax rate above 66 percent was likely to be rejected again by the Constitutional Council, the ministry said.

In an embarrassing blow to President Francois Hollande, the Constitutional Council ruled at the end of December that the original proposal for a 75 percent tax on personal annual earnings over 1 million euros (853.5 thousand pounds) was unfair.

"Determined to act in justice and implement the president's commitments, the government is studying all technical options," the ministry said in a statement.

The original millionaire tax, which was due to be in place for two years, was central to Hollande's campaign last year to keep former conservative president Nicolas Sarkozy from getting re-elected.

Though the tax was expected to bring in only a few hundred million euros per year, Hollande's government has insisted that the wealthy should bear a bigger burden for restoring the country's strained public finances.

Critics have decried the tax as likely to discourage investors and drive the most talented taxpayers abroad.

While the original 75 percent tax targeted only personal earnings, the administrative court said the 66 percent marginal rate should apply more broadly to revenues in general.

This means in turn that the marginal rate strictly on earnings should not exceed 60 percent, the ministry said.

The new levy will also probably only apply to households rather than individuals because the Constitutional Court rejected the principle of making a distinction between them.

The finance ministry gave no timeframe for when the new tax would be decided other than saying the measures would be in the 2014 budget, due to be drafted in the second half of the year.

(Reporting by Leigh Thomas; Editing by Ruth Pitchford)

Copyright © 2013 Reuters

[andy11]

CYPR

Glosowanie jutro dotyczace podatku od depozytow....

[andy11]

CYPR

Ostatnie metry zostaly....



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[Sildra]

Chodzą słuchy, że teraz to już nie sześć, ale siedem miliardów potrzeba i podatek nie 6-9%, tylko 15%. Zajebiści są ci południowcy. Jak jest nieustająca fiesta to bawią się na całego, a jak problemy przyjdzie rozwiązywać to spieprzają przed odpowiedzialnością aż nie ma już wyjścia. Tylko mnie w tym wszystkim zastanawia, czy im faktycznie wystarczy ta jedna pożyczka. Przykład Grecji jasno pokazał, że na jednej zapomodze się nie kończy.

[FxTag]

Z ciekawością czytam ten dziennik. Jestem na etapie otwarcia konta real. Chętnie podzielę się swoimi spostrzeżeniami.
Pozdrawiam

[andy11]

Opcje 25.03.2013

EUR / USD: 1,2900, 1,2950, ​​1,3000, 1,3125

USD / JPY: 94,00, 94,15, 95,00, 95,50, 95,60

GBP / USD: 1,5100, 1,5200

AUD / USD: 1,0350, 1,0360, 1,0400, 1,0450

[andy11]

Eurogroup statement on Cyprus agreement


The Eurogroup has reached an agreement with the Cypriot authorities on the key elements necessary for a future macroeconomic adjustment programme. This agreement is supported by all euro area Member States as well as the three institutions. The Eurogroup fully supports the Cypriot people in these difficult circumstances.

The programme will address the exceptional challenges that Cyprus is facing and restore the viability of the financial sector, with the view of restoring sustainable growth and sound public finances over the coming years.

The Eurogroup welcomes the plans for restructuring the financial sector as specified in the annex.

These measures will form the basis for restoring the viability of the financial sector. In particular, they safeguard all deposits below EUR 100.000 in accordance with EU principles.

The programme will contain a decisive approach to addressing financial sector imbalances. There will be an appropriate downsizing of the financial sector, with the domestic banking sector reaching the EU average by 2018. In addition, the Cypriot authorities have reaffirmed their commitment to step up efforts in the areas of fiscal consolidation, structural reforms and privatisation.

The Eurogroup welcomes the Terms of Reference for an independent evaluation of the implementation of the anti-money laundering framework in Cypriot financial institutions, involving Moneyval alongside a private international audit firm, and is reassured that the launch of the audit is imminent. In the event of problems in the implementation of the framework, problems will be corrected as part of the programme conditionality.

The Eurogroup further welcomes the Cypriot authorities' commitment to take further measures. These measures include the increase of the withholding tax on capital income and of the statutory corporate income tax rate. The Eurogroup looks forward to an agreement between Cyprus and the Russian Federation on a financial contribution.

The Eurogroup urges the immediate implementation of the agreement between Cyprus and Greece on the Greek branches of the Cypriot banks, which protects the stability of both the Greek and Cypriot banking systems.

The Eurogroup requests the Cypriot authorities and the Commission, in liaison with the ECB, and the IMF to finalise the MoU at staff level in early April.

The Eurogroup notes the intention of the Cypriot authorities to compensate potential individual victims of fraudulent practices, in line with established legal and judicial procedures, outside the programme.

The Eurogroup takes note of the authorities' decision to introduce administrative measures, appropriate in view of the present unique and exceptional situation of Cyprus' financial sector and to allow for a swift reopening of the banks. The Eurogroup stresses that these administrative measures will be temporary, proportionate and non-discriminatory, and subject to strict monitoring in terms of scope and duration in line with the Treaty.

Against this background, the Eurogroup reconfirms, as stated already on 16 March, that – in principle - financial assistance to Cyprus is warranted to safeguard financial stability in Cyprus and the euro area as a whole by providing financial assistance for an amount of up to EUR 10bn. The Eurogroup would welcome a contribution by the IMF to the financing of the programme. Together with the decisions taken by Cyprus, this results in a fully financed programme which will allow Cyprus’ public debt to remain on a sustainable path.

The Eurogroup expects that the ESM Board of Governors will be in a position to formally approve the proposal for a financial assistance facility agreement by the third week of April 2013 subject to the completion of national procedures.

zrodlo : http://www.ekathimerini.com/4dcgi/_w_ar ... 013_489700

[andy11]

Today’s orderboard (25.03.2013)

EUR/USD: Offers 1.3040/50 buy stops above and through 1.3075 ahead of offers 1.3100/10 ahead of tech res 1.3130/40 ( 1.3132 100 Day MA, 1.3139 Kijun line). Bids initially 1.3000/10 and 1.2970/80 (tenkan line 1.2975) ahead of larger down at 1.2950/60, sell stops below through 1.2945



GBP/USD: bids 1.5220/30 and 1.5180/90, likely sell stops below through 1.5170 ( kijun line 1.5171). Offers 1.5245/55 buy stops above ahead of offers from 1.5300 up to 1.5325 with buy stops above through 1.5330.(high Feb 22)



EUR/GBP: Offers 0.8555/60 and 0.8600/05 buy stops above ahead of tenkan line res at 0.8615 and kijun line at 0.8650. Bids initially at 0.8525/30 (0.8527 cloud top) and 0.8495/00, sell stops through 0.8485



USD/JPY: Offers 94.90/00 ahead of tenkan line res 95.03 and more offers 95.30/40. Bids 94.50/60 and 94.10/30 sell stops below through 94.00



EUR/JPY: Bids 123.00/10 and 122.50/60 sell stops below through 122.47 (55 day MA 122.47). Offers 122.55/65 (tenkan line 123.62, cloud top 123.64) and 123.80/00. Buy stops above ahead of offers 124.35/45, buy stops through 123.50



AUD/USD: Bids 1.0400/15 (daily cloud top 1.0413) ahead of strong support 1.0360/80 (200 day MA 1.0375), sell stops below but more bids 1.0335/45. Offers 1.0475/85 (76.4% fibo retracement of 21013 fall @ 1.0485) possible buy stops above ahead of res/offers 1.0520/30 ( 1.0528 Jan 24 High)

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Opcje 26.03.2013

EUR / USD: 1,2750 (L), 1,2800, 1,2805, 1,2810, 1,2815, 1,2950, ​​1,3000, 1,3030, 1,3070

USD / JPY: 94,00, 94,30, 94,70, 95,00. 95,20, 95,50, 96,00, 97,00

EUR / JPY: 119,60, 120,20

GBP / USD: 1,5000, 1,5130, 1,5175, 1,5200

AUD / USD: 1,0225, 1,0300, 1,0400, 1,0450, 1,0475

AUD / JPY: 98,00

GBP / JPY: 144,50

NZD / USD: 0,8280

[andy11]

Today’s orderboard (26.03.2013)

EUR/USD: Offers 1.2880/00 (1.2882- 200 day MA), possible buy stops above ahead of more offers 1.2940/50 a, tech res 1.2968 (tenkan Line). Bids 1.2850/60, 1.2830/40 (sovereign talk). Sell stops below ahead of bids 1.2800/10 (barrier 1.2800)

GBP/USD: Bids1.5170/80, likely sell stops below through 1.5165 (kijun line 1.5168)., ahead of tech support 1.5140/45 ( Mon lows) and bids 1.5100/10. Offers 1.5215/25 and 1.5245/55 buy stops above ahead of offers from 1.5300 up to 1.5325. buy stops above through 1.5330.(high Feb 22)

EUR/GBP: Bids 0.8460/65, tech supp 0.8440/45 (.8442 Feb lows) likely sell stops below ahead of tech support 0.8390/95 (Jan 24 low 0.8391) and daily cloud base at 0.8376. Offers 0.8490/00 and tech res 0.8525/30 (cloud top 0.8527) ahead of techs at 0.8552/0.8566 (55 day MA/ tenkan line)

USD/JPY: Bids 94.00/10 and from 93.80 down to 93.50 (kijun line 93.78), sell stops below ahead of large bids from Japanese names at 93.00/20. Offers 94.40/50 and 94.90/00, buy stops above through tenkan line at 95.03

EUR/JPY: Bids 121.00/10 and 120.70/80 sell stops below ahead of bids 120.00/10 (possible barrier) with more sell stops below. Offers 121.90/00 ahead of tech res 122.35/40 (122.39 kijun line), 122.50/60 (55 day MA) and tenkan line at 122.94

AUD/USD: Bids 1.0400/15 (daily cloud top 1.0413) ahead of strong support 1.0360/80 (200 day MA 1.0376), sell stops below but more bids 1.0335/45. Offers 1.0475/85 (6.4% fibo retracement of 2013 fall @ 1.0485) possible buy stops above ahead of possible barrier at 1.0500 and further res/offers 1.0520/30 (1.0528 Jan 24 High)