The 2009 Finance Bill, which will officially be presented on September 16, gives much space to social issues. This budget is aimed at maintaining households' buying power, in a context of declining growth, while anticipating the issue of the funding of pensions. (Ref. 080649)
As expected,
3.5% of their wages employees paid as unemployment contribution will disappear,
the government announced on August 29, 2008. Besides, VAT won’t be brought from
19% to 20% as was announced. In exchange, the government is calling on
employers and trade unions for “wage moderation” in 2009, after two years of
major wage increases.
Funding
pensions. The Christian democrats and the labor
party, in power since February 2007 agreed on an important issue: from 2011 on,
workers over 65 who r
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