A new legal form of philanthropy created by the Economic Modernisation Act (2008), endowment funds have enjoyed growing success (several thousand funds have been set up over the past 15 years) thanks to the flexibility of the rules governing their creation, governance and operation. Following an ini...
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In the Seine basin, flooding is one of the biggest natural hazards, after drought. The Île-de-France metropolitan area is particularly vulnerable to the risk of flooding. The last major floods occurred in May-June 2016 and January-February 2018, costing €1.4 billion and €150 million to €200 million ...
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At the request of the National Finance Committee of the National Assembly, the Court examined the impact of recent local tax reforms on local taxpayers, households and businesses, local authorities, as well as the State and public finances as a whole. These reforms were implemented with objectives u...
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On 15 April 2019, a fire broke out at Notre-Dame de Paris cathedral, destroying part of the monument and threatening its survival. Following this disaster, a wave of solidarity made it possible to raise the funds necessary for its preservation and restoration through a national contribution. This mo...
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With the authority to audit the use of resources by organisations appealing for public donations, the Court of Accounts conducts audits into the use of donations received following crises or disasters (Asian tsunami in 2004, Haiti earthquake in 2010, Notre-Dame de Paris fire in 2019). This audit by ...
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The financial outlook for the High Council of statutory auditing, flash auditThe high council of statutory auditing (Haut Conseil du commissariat aux comptes, H3C) is an independent public authority that became an oversight authority following the order of 17 March 2016 transposing the European audi...
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The French aeronautics industry was the second largest in the world behind the US’one in 2019, and was thus a strategic sector for the national economy. It was a large-scale exporter (€64 billion in foreign sales in 2019) and was enjoying a dynamic period in terms of job creation and building revenu...
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Publicly funded companies have not been spared by the health crisis, which has notably affected companies in the transport, automotive, aerospace, energy and tourism sectors, which represent a significant part of the State shareholder’s portfolio. A survey published today by the Court of Accounts fo...
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The main instrument for combating poverty, the active solidarity income (RSA) is now allocated to more than two million households with annual expenditure of €15 billion - the health crisis having increased the risk of precariousness. The report published today assesses the results of this system, w...
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The enforceable right to housing (Dalo) was introduced in the French Law of 5 March, 2007, and is a last resort for applicants who experience serious difficulties with housing. It requires the State to house or rehouse households recognized as eligible, as a matter of priority and urgency, providing...
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