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Home arrow Consumerism arrow Cashpoint - from Reporter 107, Feb/Mar 2005
Cashpoint - from Reporter 107, Feb/Mar 2005 Print
Written by Reporter, Jan 2005   

The banks begin to listen - Why granny might call more often - The oil’s to blame… and maybe Jospin - Train versus plane - Loss and gain

- The government has made it clear it expects the banks to be more consumer-friendly. They’ve listened … to some extent. As from January 1st they’ve stopped charging for closing an account. They’re also looking again at charges for withdrawing money where they exist. Meanwhile, the European Court has ruled out of order France’s prohibition on paying interest on current accounts. But don’t get too excited: when this comes, there’ll be a minimum deposit required and maximum interest will be around 2%. 

- The government has also put pressure on the mobile telephone companies to cut their charges on calls from land-lines to mobiles. Over a third of the French still don’t have a mobile — many of these are elderly and not very well off — and they have to pay through the nose when calling a mobile. The cuts announced mean that, with some variation between providers, callers will pay 11% less in 2005 and a further 15% less in 2006.

- One news item we can’t ignore is that concerning the rise in the oil price which has brought us continuing hikes in what we pay to fill our petrol tanks, to heat our homes — and to buy an airline ticket. The cost of heating oil went up by around a third across last year, for example. Another outcome has been a substantial increase in the price of gas — up recently by between 7 and 9.5%. At the same time the charge for domestic electricity was upped by around 3%. As you tell the kids to turn off the light before leaving their room, note that EDF is currently under investigation for covertly funding the campaign of socialist Lionel Jospin in the 2002 presidential campaign.

- The SNCF is making a determined effort to face up to competition on the Paris-Mediterranean route from budget air fares. It’s recently introduced the so-called iDTGV — one train a day, two at weekends — which serves Paris-Marseille-Toulon. As with companies like easyJet, the earlier you book the cheaper the fare. Lowest rates are €19 one-way, €39 first class.

But note this: the SNCF has changed the rules for “no shows” — passengers with a reservation who don’t show up — for those travelling on any form of reduced fare. Now there’s no reimbursement and no exchange of the ticket possible. You don’t turn up? Too bad … The only exception is for those who genuinely miss their train and arrive at the station within one hour following its departure.

- Bad news, good news: From March 1st you’ll pay 53 centimes for a stamp, that’s a rise 2 cents less than first proposed; if you make your tax declaration online you get a rebate of €20. To find out more visit www.impots.gouv.fr

From Reporter 107 - Feb/Mar 2005

 

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