Anglais

Epicenter & IEM – Vaccine: we must change our absurd rules instead of castigating Sanofi

Excessively high taxes on production, exceedingly slow authorizations for market launch, and an overbearing bureaucracy. France is ensuring that innovation, especially regarding pharmaceuticals, happens outside of its borders. Opinion piece by Cécile Philippe, president of the Economic Institute Molinari, published in Les Echos. The Sanofi laboratory has recently been the subject of controversy regarding the vaccine it is developing to fight against coronavirus. We do not know yet whether the…

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The wealth created by CAC 40 companies totalled €389 billion in 2019. The greatest beneficiaries were employees, followed by governments and then shareholders.

Paris, June 10, 2020 – The Institut économique Molinari has released a new study on the social and fiscal contribution of the CAC 40 companies. It presents a new way of quantifying the wealth created by these companies, outlining the sharing of this wealth between employees, governments and shareholders. It shows that the CAC 40 companies created €389 billion in wealth for the French and global community in 2019. This…

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Epicenter & IEM – No relocation without tax and regulatory relief

French inadequacies in the face of the COVID-19 crisis are giving rise to a fully fledged attack on globalisation. We are observing an increase in speeches aimed at regaining sovereignty, particularly in the field of health. But the challenge for France is, above all, to address its internal weaknesses. Excerpts from an interview published with the Director of Institut Economique Molinari in Atlantico. Atlantico: What impact does French taxation have on…

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France’s New Digital Tax Will Likely Be Paid by French Customers, Analyst Says

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Epicenter & IEM – Credit Day across Europe

16th December marks Credit Day across Europe. This is the day that, on average, EU Member State governments have exhausted their annual tax income and start to spend borrowed money. This year, EU Credit Day will come 4 days later than last year, and 10 days later than in 2017, a significant improvement. Eleven Member States have managed to achieve a surplus this year with Ireland, Luxembourg, Slovenia, and Bulgaria joining…

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The current pension reform ignores €61 billion in public revenues

Paris, December 10, 2019: The Institut économique Molinari has just published an original analysis of French pension reform as it affects retirement and public finances. Conclusions of this work, in partnership with Contrepoints, are the following: Pensions in France are not cheap. Based 98% on a pay-as-you-go system, they cost more than what is paid by our neighbours, who have accumulated capital to finance a portion of pension outlays. France’s…

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Ranking places Luxembourg at the bottom of EU in terms of government moralising

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Belgian Workers’ Taxes Lower But Still Among The Highest In Europe

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The day when European Union countries ran out of revenues – 4th Edition

The governments of EU member countries exhaust their resources December 13 on average, 18 days before year’s end. That’s seven days later than the year before, marking a significant improvement. Of the 28 EU central governments, nine were in surplus last year. The champions were Malta (with a surplus equal to 35 days’ spending), Sweden (with a 23-day surplus) and Bulgaria (15-day surplus). Their 2017 revenues enabled them to finance…

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Central governments in Europe ran out of revenues on December 13 and went into debt to end the year

Media release Paris, December 12, 2018 : The Institut économique Molinari has calculated the day when European Union (EU) central governments had spent all their annual revenues. Calendar of days when EU central governments spent the last of their revenues THE 4TH EDITION OF THIS STUDY SHOWS THAT :  The EU’s central governments exhausted their resources on December 13, 2017, on average, 18 days before year’s end. That’s seven days later than in…

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