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Canada Partial activity, solidarity funds, rents ... the financial aid accompanying the reconfinement

13:00  30 october  2020
13:00  30 october  2020 Source:   lemonde.fr

Covid-19. "The hour is serious", warns the spokesperson of the government

 Covid-19. © SCREENSHOT LCI Gabriel Attal, spokesman of the government, on the set of LCI, October 22, 2020. Gabriel Attal confirms that of departments will go on high alert with the implementation of the curfew, which Prime Minister Jean Castex will announce in the evening. The government spokesperson considers the situation in France "worrying". "The hour is serious in the country. " Gabriel Attal does not go all the way to describe the situation in France in the face of the coronavirus epidemic.

Financial aid can only be granted to the applying State following an application and budgetary process which can take several months to complete. Solidarity Fund aid can be mobilised up to a maximum annual total of € 500 million (in 2011 prices) plus the unspent allocation from the preceding year which

Financial intermediaries have emerged as a useful tool for the efficient market system as they help channelize savings into investment. However, given the complexity of the financial system and the importance of intermediaries in affecting the lives of the public, they are heavily regulated.

The government, which expects a contraction of the gross domestic product (GDP) of 11% in 2020, intends to devote "15 billion euros »Aid per month of confinement.

"Fifteen billion euros" per month. This is the amount, according to Prime Minister Jean Castex, that the government intends to devote in the form of aid during the new confinement, which came into force on the night of Thursday to Friday. Objective: to limit the failures of companies already weakened by the first wave of Covid-19.

The state now expects gross domestic product (GDP) to shrink by 11% in 2020, against the -10% forecast so far, Economy Minister Bruno Le Maire announced on Friday. "It is a revision which is moderate, precisely because we had a very strong third quarter, which reflects a simple thing: the capacity of rebound of the French economy is considerable", he explained on France Inter . GDP indeed rebounded 18.2% in the third quarter, according to an estimate by INSEE. An increase to be tempered, however: comparing the third quarter of 2020 with that of last year, we observe a decline of 4%.

Curfew: "People are becoming aware of the violent nature" of the epidemic

 Curfew: © AFP While the curfew now concerns 54 departments and 46 million people, the French met by Europe 1 welcome the measure with resignation , understanding the urgency of the situation faced with the evolution of the epidemic. But fear a containment. Since midnight, 46 million French people are now living under the curfew from 9 p.m. to 6 a.m. decided by the government to try to stop the coronavirus epidemic , the second wave of which hits the whole country .

How do you apply for financial aid ? By submitting your FAFSA and college application, you'll get your financial aid package. Learn step by step how to apply. Most students know that financial aid is an option, but the whole financial aid application process can be confusing. What counts as financial aid ?

For students receiving Financial Aid in the fall, the Financial Aid Office requires students to provide a written email explaining why the withdrawal was the result of the Students are also encouraged to also check their student account activity via Number #27 (Statement and Payment History) in their Mt.

The day before, the government detailed the various measures put in place to support the French economy. Among the levers activated: the expansion of the solidarity fund to companies with up to 50 employees, a tax credit for business owners who waive one month's rent, or the possibility of deferring for an additional year loan repayments for ailing businesses.

In Lille, Paris, Lyon .. in nurseries, shops, transport: the first day of the reconfinement in France The partial activity system maintained

Ms. Borne reiterated the commitment made the day before with the social partners of extend the partial activity mechanism until December 31, with a zero charge for the employer for "all protected sectors or sectors which are subject to administrative closure", such as cafes, bars, restaurants, gyms, etc.

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This standard requires that the financial . Performance, financial position and cash flows of an entity should be fairly presented. The entity is required to report all the events and transactions in the financial statements in the period to which these relate except for the cash flows.

Financial statements are written records that convey the business activities and the financial performance of a company. Financial statements are often audited by government agencies, accountants, firms, etc. to ensure accuracy and for tax, financing , or investing purposes.

Reconfining the population without confining the economy, Emmanuel Macron's bet 15 billion euros per month for business aid

Video: Public debt burden: an increase in 2021 (Le Figaro)

Support measures for businesses to help them overcome the reconfinement amount to 15 billion euros per month, the economy minister said.

“Around 6 billion euros for the solidarity fund, 7 billion euros for partial activity, 1 billion euros for exemptions from social contributions, 1 billion euros to cover part of the rent companies, ”detailed the Minister.

The reactivated and extended solidarity fund for all companies with up to 50 employees

The solidarity fund for companies will be reactivated and extended to companies with up to 50 employees, in order to compensate for closures linked to reconfinement measures, announced Bruno Le Maire.

The Boys: Amazon Prime unveils the blooper for season 2

 The Boys: Amazon Prime unveils the blooper for season 2 Amazon Prime Video has just unveiled the blooper for season 2 of Eric Kripke's series, "The Boys". Hilarious images that are good for morale after the announcement of the reconfinement announced by Emmanuel Macron earlier in the evening. © Amazon Prime Video Amazon Prime Video has just unveiled the blooper of season 2 of Eric Kripke's series, "The Boys". Hilarious images that are good for morale after the announcement of the reconfinement announced by Emmanuel Macron earlier in the evening.

Financial statement notes are the supplemental notes that are added to the published financial statements of a company. The auditor bases his audit opinion on the financial statement numbers, as well as the explanatory notes. Quick Summary.

Definition: Financial intermediary is the organization which acts as a link between the investor and the borrower, to meet the financial objectives of both the The two of the significant roles played by the financial intermediary in the economy are the creation of funds and governing the payments system.

"All businesses and businesses that will be closed by administrative decision may receive compensation of up to 10,000 euros. This will affect companies no longer up to 10, but up to 50 employees, ”he said.

Tax credit for business owners who waive at least one rent

Homeowners who waive "at least one month's rent" between October and December for some businesses will benefit from a tax credit, the report said. Economy Minister.

The companies concerned are those with "less than 250 employees" which "are administratively closed" or belong "to the hotel, cafes, catering and cultural sectors", specified Mr. Le Maire. Landlords will be able to benefit from a tax credit representing "30% of the amount of abandoned rents," he explained.

Possibility of deferring loan repayments for an additional year for companies in difficulty

Companies that will not be able to repay their loans on March 1, 2021 will be able to obtain a new deferral of repayment of an additional year, "ie two years in total of deferral, before starting the repayment of the loan ”.

The delivery men on the front line, still without recognition .
© PHILIPPE LOPEZ On April 20 in Paris, during the first confinement, the delivery men had to wait two months before having health protection equipment (masks, hydroalcoholic gel) against the Covid-19. The delivery platforms will undoubtedly be strongly mobilized again during the reconfinement. If sanitary conditions have improved a little since this spring, precariousness remains the norm in the sector. And the anger rises. During reconfinement, deliveries of burgers and sushi continue.

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