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Forget Paris: how did the city of lights become bankrupt? - Walla! Of money

2022-12-08T23:16:11.389Z


Mayor Anne Hidalgo has sunk the world famous volume into debt, been accused by a government minister of fraud, sued him and asked to stop harassing her. In the meantime, it is the Parisians who are troubled


Anne Hidalgo, Mayor of Paris.

Suffers accusations and sues some of the accusers, but fails to endear herself to the residents of her city (Photo: Reuters)

In less than 15 years, the public debt of the municipality of Paris went from zero euros under the mayorship of Bertrand Delanois to more than 7.7 billion euros today, under mayor Anne Hidalgo.

Hidalgo recently requested to take a rare legal step called tutelle and equivalent to financial guardianship, arguing that she can no longer protect Paris.



Hidalgo is the first woman elected to head the municipality of Paris, she is 63 years old, was born in Spain to a family of immigrants and is the head of the most beautiful city in the world after being elected in April 2014.



Although her worldview as head of the city advocates a "genorista", that is, architectural, ecological and urban generosity polluting, it is evident that the structural changes made by Hidalgo in the city mainly harmed it.



It invested millions of euros in renovating Republic Square, turning it from a tree-filled square into a slippery concrete block that endangers pedestrians.

She fenced the remaining trees with concrete, instead of the hammered iron mesh, stylish and accepted until her arrival.

Pont Royal Paris 1 Hotel (Photo: Pont Royal)

Pyramid scam?

Hidalgo shaved the trees off the streets, removed the terraces of the cafe, where you could sit and drink while slowly looking at the street and today stands at the head of a city that is not clean, to say the least.


It is not surprising, then, that protest movements arose against it, first on the social network under the hashtag #saccageparis ("Rampage in Paris") and demonstrations that included people who also came from outside the French capital to protest what the mayor is doing to the urban complex.



Last week I visited Paris, where I lived as a student and journalist for a decade.

There is no doubt that Hidalgo was not able to completely damage the beauty of the city, but its influence is evident in it.

While I was enjoying my beloved city, Hidalgo filed a complaint against Gabriel Atal, the Minister of Public Accounts, who accused Hidalgo live on the radio of Hidalgo's approach as someone who operates according to a "completely delusional method" and manages the city according to a pyramid scheme, a kind of "Ponzi scheme", a platform that he established in - 2015 under the presidency of Francois Holland.



According to Atal, Hidalgo is putting Paris in huge debt while not making sure to collect rents on time and thus creating a bottomless financial pit.

"The reality is that Paris has rent debts of more than a billion euros, despite its large debts."



The politicians started going wild.

Some defended Hidalgo on the grounds that it is impossible to compare a mayor who operates according to an approved budget to one who advocates illegal economic activity.

As mentioned, Hidalgo did not remain liable and filed a defamation complaint with a request to stop harassing her.



There is no doubt that the relationship between the government and the municipality of Paris has deteriorated since the announcement of a dramatic increase in the residence tax in the city.

The municipality defended this increase due to a budgetary diet that the state is making for Paris and to preserve the ability to fight global warming.



But the French on the streets, including my friends who live in the city, are not satisfied.

They want the Paris of the past, the clean, ancient and traditional one that you can cuddle up to.



The only gainer is a momentary guest.

The non-resident pays taxes.

For the Israeli tourist, this is also not thanks to being skipped, but due to the low exchange rate of the Euro, which made Paris accessible, provided of course they know where to go.

A hotel room in Paris, in an area that still manages to preserve something of the city's special charm (Photo: Pont Royal)

In honor of Ravbat Notchim

Many Parisians died of the life they had become dear to them in Paris.

An average of 10,000 Parisians leave Paris every year, and the rest, disguise themselves as tourists in their city: they often ask for cozy corners that were not affected by the transformation of Hidalgo.



Such a cute corner can be found in the Saint-Germain-des-Prés area, a stronghold of the intellectuals, writers and philosophers such as Jean-Paul Sartre, Simone de Bover and their friends who used to frequent the cafes in the area.


It is obvious that Hidalgo does not dare to hit this specific point on the map of Paris.

If she entered the decade-long renovation of the Forum La Hull shopping center in the first arrondissement, there's no way she'd dare touch the bastion of bohemian and ultimate Parisian Parisianness of the seventh arrondissement.



Another "exploitation" is found above the legendary restaurant "L'Atelier" of the late chef Joel Robuchon, in the form of the Pont Royal Hotel, named after the bridge that connects the rest of the street with the Louvre Palace.

An old Parisian building, two steps from the designer shops of Saint-Germain-des-Prés, the Orsay Museum, Café de Fleur, and the restaurant Les Antiquaires, named after the antique dealers who still operate in the area.



Hidalgo also did not touch the small business owners in the place such as cobblers, butchers and stationery stores, as well as chocolate and candied fruit boutiques.

The rent in this area is indeed skyrocketing, but it is evident that these are the last signs of the beautiful and good Paris.



Thanks to the low euro exchange rate these days, the five-star Hotel Pont Royal becomes economically reasonable, at a price of about 370 euros per room per night for a family, including breakfast.

It's a great way to experience the intellectual life of the Left Bank.

Shopping enthusiasts will surely find interest in the Bon Marché department store, which used to be famous for its outrageous prices and has now become definitely financially accessible, without forgetting the "consumer" close to it.

It is actually a huge supermarket where you can find food types from almost anywhere in the world.

Drink with Hemingway

The hotel was built as a residence in 1750 and the writer Chateaubriand lived there.

In 1815 it became a hotel.

His bar is the first cocktail bar to open in Paris between two world wars, and it celebrates 100 years this year.

At that time, the idea of ​​mixing two or more types of alcohol was considered strange, but the Parisians were actually enthusiastic.

Those who encouraged them were Scott and Zelda Fitzgerald, such as the American Ernest Hemingway, the French poet Guillaume Apollinaire and the French sculptor Edgar Degas, as well as the Spanish painters, Pablo Picasso who was already well known and a young artist named Salvador Dali who had just started his career in Paris.



And not only artists, but also American tourists who suffered from the dry period in the United States came to quench their thirst in this cocktail bar and hear the famous jazz music that was celebrated at that time in Paris.

In memory of those performances, live jazz performances are held in the cocktail bar every week and return to the twenties of the last century.



The hotel has changed hands several times since the 1990s.

In this context, it was properly renovated and this year it was purchased by the "Champagne Hospitality" group, which owns a portfolio of luxury hotels in France, mainly in Champagne and Burgundy, as well as in the Caribbean islands.

The Pont Royal Hotel is the first in the collection and currently also the only one located in Paris.



The official restaurant of the hotel is, as mentioned, "L'Atelier" founded by Robuchon.

It is not possible to enter freely, since there are no external handles to open the door.

That means only those who are worthy in the eyes of the concierge will get to see the door opened in their honor and have dinner there.



Breakfast at the Pont Royal is served in front of a relaxing Japanese garden and includes all the best that France has to offer in terms of its more or less smelly cheeses, aged sausages, butters, marmalades and jams, salts, breads baked on site - such as the croissants that are soft with their different flavors - and the varied omelets that you can choose .



The luxury group "Champagne Hospitality" pays attention to the small details.

A bottle of champagne and chocolate from the prestigious maison du chocolat boutique await each guest in the room.

Since they knew we were coming from Israel, they left kosher wine and a box of macaron cookies in different flavors from a kosher and luxury bakery in Paris in our rooms.

The view of the rooftops of Paris under the auspices of the Eiffel Tower that wins over everything is fantastic, and for a moment Hidalgo's Paris is forgotten.



To complete the Paris experience of yesteryear, you can choose one of the many companies that offer CV2 tours in a collector's Citroen car.

Even Bayer BNB (which Hidalgo is also constantly fighting, arguing that they are not allowed to rent the apartments for more than 120 days a year) offer these tours that allow up to three people and used to discover the point of view of the drivers who drove in Paris a hundred years ago.



These tours offer on a platter the classic Paris or the one that Parisians yearn for, a Paris of narrow alleys, passages hidden from view that only a few people know about, inner courtyards, untouristy cafes, selected bakeries and a great deal of Paris that the mayor's chest of drawers has not yet achieved

  • Of money

Tags

  • Paris

  • Bankruptcy

Source: walla

All business articles on 2022-12-08

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