Jyske Bank (France) appoints new General Manager

An experienced leader has been in charge of Jyske Bank in Cannes since February 2011. Thomas Nielsen was formerly at the helm of Jyske Bank (France) when he held the position of General Manager from 2004 to 2006.Read more

Short options for the long term

image Description

In April, the European Central Bank (ECB) raised its rates by 0.25 per cent. Is this move the beginning of a new monetary policy?
Historically, short-term rates move according to long-term trends. In March 2010, the 3-month Euribor, the reference index for the variable rate loans in euros, hit a record low at 0.58 percent. Since, rates are going up again (the index is now at 1.37 percent).
Currently, the European Central Bank is concerned by rising inflation. Its monetary policy has been very loose over the last two years and if commodity prices remain high or rise, it should continue to raise rates.
What could we do if rates continue to go up?Read more

Tax reduction cuts for 2011

The changes affect income tax for 2011: - 10% cut in tax reductions for expenses relating to some investments or services, but not those for employing a home worker or cost of child care.Read more

Nice CCI returns to its roots

image Description

In April the newly elected president of the Chamber of Commerce and Industry Nice Côte d’Azur (CCI) gave an exclusive interview to The Riviera Times.Read more

All the style of the French Riviera at the new Antibes Habitat store

image Description

As the French Riviera celebrates the start of the summer season and stars flock to the Cannes Film Festival, Habitat opened its spacious new two-storey store packed with all the luminous colours of the Cote d’Azur in Terriers Nord shopping centre behind Decathlon.Read more

A palace is born on the French Riviera

image Description

Yesterday, eight luxury French hotels were bestowed with the ‘Palace’ status, a new coveted title that goes beyond a mere five star.Read more

Aim high to optimise your assets

image Description

Luxembourg is one of the most active financial centres in Europe. With nearly 150 banks, 40,000 people working in the finance sector, net assets of 2.2 trillion euros under management, the country is now a leader in asset management.
The state’s central location in Europe between France, Belgium and Germany, its legal and fiscal specificities, its membership of the European Union and being in the Eurozone make it very attractive for onshore private structures.Read more

Pierre Casaraghi becomes JCE honorary member

image Description

Pierre Casaraghi, the third in line to the Monegasque throne, has been nominated as an honorary member of the Jeune Chambre Economique.Read more

Say goodbye to cash

image Description

You may have noticed the logo on buses and trams or at local shops in Nice, but are not quite sure what it means.Read more

2011 Finance Act in France

This month we look at how changes to the Finance Act can affect individuals.Read more