Thursday, November 17th, 2011

Production and Japanese exports may stagnate before recording a modest recovery, said Thursday the Bank of Japan, which refers to the economic outlook made highly uncertain by the slowdown in global growth and the impact of the strong yen . Floods in Thailand will also affect exports significantly in ...

Monday, November 14th, 2011

The European Commission will Wednesday unveil new rules for new rules to limit the power of rating agencies. The suspension of a rating and the attack to justice agencies include planned. Moody's in New York. The "blunder" by Standard and Poor's comes almost timely for the European Commission. Brussels ...

The EU is struggling to define its response to the crisis on the eve of the summit

Saturday, October 22nd, 2011

After two days of meetings of ministers in Brussels, the Europeans always struggled Saturday night, the eve of a double peak of the euro area and Twenty-Seven, to define a major response to the crisis of debt hit the continent in two years. More than ten hours of meetings ...

The Eurogroup will move forward on the EFSF and Greece

Friday, October 21st, 2011

Finance ministers from the euro area opened Friday six days of intense negotiations that will be punctuated by three peaks and the outcome of which, expected Wednesday, is considered crucial for the future of the single currency. Meeting in Brussels, ministers primarily responsible for preparing the ground for the ...

Barroso is that decisions of October 23, apply soon

Friday, October 14th, 2011

Any decision on the European financial stability or banks to the European Council decided on 23 October will take effect immediately, said Friday the European Commission President Jose Manuel Barroso. He added that any revision of the plan provided for Greece in the Europe Agreement of July 21 will ...

Discussions between Athens and continue Troika

Monday, October 3rd, 2011

The "troika" continues to peel the accounts of Greece and has not given the green light to the payment of a further tranche of aid vital to prevent the country is insolvent when this month , sources said Monday. Vice Minister of Finance had previously Oikonomou Pantelis said the ...

European shares start rising sharply

Tuesday, September 27th, 2011

European shares opened sharply higher Tuesday, extending their rally started Friday afternoon, still supported by expectations of further measures to stem the debt crisis in the euro area. At 9:36, the CAC 40 index advances 2.79% at 2939.25 points after taking 1.75% Monday, with a volatility index down 4.31% ...

Spain is moving in the way of a golden rule on the deficit

Tuesday, August 30th, 2011

The Socialist government and the Popular Party (PP) opposition said Tuesday they have agreed to hold a parliamentary debate Friday on the amendment to cap the country's structural deficit to 0.4% of domestic product (GDP) over the duration of a cycle. The Spanish socialist government announced late last week ...

Sofiprotéol buys 41% of Moroccan Lesieur Cristal

Wednesday, July 13th, 2011

The French specialist oilseed Sofiprotéol announced Wednesday the acquisition of 41% of Lesieur Cristal, Moroccan group specializes in the refining and packaging of edible oils, for 115 million euros. Philippe Tillous-Borde, the Director General of Sofiprotéol, told Reuters in March that a deal was possible in the short term ...

The euro area is not the worst off, Trichet J.

Saturday, July 9th, 2011

The euro area as a whole is in a better position than other economic areas, but it suffers from serious problems of governance, said Saturday the President of the European Central Bank. Jean-Claude Trichet was speaking after a wave of fear in financial markets about a possible contagion in ...