Today's business headlines feature a high-stakes power play at Prisa, a delay in VAT implementation for microentrepreneurs, and financial assistance for households struggling with utility bills.
Prisa Partners Challenge Oughourlian's Control
A group of Prisa partners, reportedly aligned with the government, have declared their intention to challenge Joseph Oughourlian's control over the media conglomerate. The partners have stated they will launch a new television channel independent of Prisa if they cannot secure a controlling share of the company.
“We are going to try to remove his control of the group,” a source close to the partners said, signaling a potentially significant shift in the media landscape. This move underscores the intense competition and strategic maneuvering occurring within Prisa, as different factions vie for influence and direction.
VAT Suspension Extended for Microentrepreneurs
In other news, the government has once again suspended the implementation of a new VAT measure affecting microentrepreneurs and small businesses. The measure, which aimed to establish a new single threshold for VAT exemption, was originally slated to take effect on March 1st. However, its implementation has now been pushed back to June 1st.
This suspension suggests that a compromise on the issue has yet to be reached. The government has indicated that it will propose adaptations to the measure adopted in the 2025 Finance Law in the coming days. This delay provides temporary relief to small businesses but leaves the long-term VAT landscape uncertain.
“The government is aware of the concerns raised by professionals and is working towards a solution,” a statement from Bercy noted.
Discount on Bills for Lower Income Households
Finally, the government is introducing a discount on utility bills for households with incomes up to 25,000 euros. The aid will be concentrated over three months. For those with a low ISEE (Indicator of the Equivalent Economic Situation), an additional 200 euros will be provided.
This measure aims to alleviate the financial burden on families facing rising energy costs. The targeted approach, with additional support for those with low ISEE, seeks to provide assistance to those most in need.
These developments across different sectors highlight the complex challenges and evolving landscape of today's business world.