Aug 01 2014
This holiday start
some coincides with a rate freeze and the SNCF1 EDF2 but bad news, the rate of A booklet will decrease. The booklet
● A password from 1.25% to 1%
The previously preferred placement of French goes from 1.25% to 1% on Friday 1 August3 . This rate was reduced from 1.75% to 1.25% on August 1, 2013, and tumbled to the lowest level in its history. But the decline would have been even greater if the government had followed the recommendations of the Bank of France, which proposed to reduce it to 0.75%.
So, from today, a booklet A ceiling (22,950 euros) will earn 229.50 euros per year, against 286.90 euros when the rate was 1.25%. And the holder of a booklet on Sustainable Development (LDD) ceiling (€ 12,000) will win 120 euros against 150 euros a year earlier. But
"paradoxically, in the context of current very low interest rates, the passbook remains attractive for its precautionary savings, because his salary is hard to beat" , says Cyril Blesson associated with Pair Council. In addition, the booklet A is not taxed, which is not the case for most other investments. ● Bank transfers
This August 1 marks the entry into force of the new European payment standards Sepa (for Single Euro Payments Area). This unique new standard is created to shorten and simplify bank transfers debits. It mainly aims to harmonize the payment within the EU using unified bank account numbers (IBAN and BIC). Planned initially
1 February, the implementation of this new system has been shifted, the European Commission has decided to grant a period of tolerance the delay in some countries européens high risk personal loans.Sans this period, many companies are exposed to operational risks majeurs4 as daily operations, such as the payment of wages or payment of suppliers, might be blocked if they were not passed to SEPA format. ●
No price increases SNCF
The Department of Transportation announced that there would be no increase in rates of SNCF 5AU August 2014 peak times due to school holidays. "On 1 January 2014, only the VAT increase was reflected in the price of tickets," said Frédéric Cuvillier. Earlier this week, the president of the SNCF, Guillaume Pepy6 had reaffirmed the company's efforts to make tariff TGV, with "a million tickets at low prices and more" this year and in the longer term, "a post on three" of the same type by 2017
. ● Gel EDF prices
As expected, the usual increase, originally scheduled this year to 5% of regulated electricity tariffs will not take place. A government decree, published on Thursday in the Official Journal, confirms this decision. Last June, the Minister for Ecology and Energy, Segolene Royal, announced its intention to suspend the traditional 5% increase in electricity tariffs. But after the fall of EDF share price, Matignon was then returned to the words of the minister indicating that less than 5% increase would occur this fall. EDF rates, applied to 92% of French households are set annually by the gouvernement.7
● Lower gas prices
Recent changes concerning the method of calculating the cost of gas supply will materialize on August 1 on the regulated gas tariff. It will drop by an average of 1.28%, reflecting the decline in gas supply costs.