Wednesday, November 23rd, 2011

The European Commission proposed on Wednesday that he be assigned intrusive powers in national budgets, which could pave the way for joint programming of debt by the countries of the euro area, a perspective that no country is opposed in principle , she said. The EU executive believes that ...

Wednesday, November 16th, 2011

French deputies adopted on Wednesday by 315 votes against 198 the draft budget law for 2012 that the Senate will consider in turn on Thursday. Groups and UMP New Centre (NC) voted this draft budget called "obsolete" by the leftist opposition, who voted against. This draft budget, the ...

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 ...

Rise in quarterly operating profit of Deutsche Börse

Wednesday, October 19th, 2011

Deutsche Boerse, the operator of the Frankfurt Stock Exchange wants to merge with NYSE Euronext as part of a transaction of nine billion dollars, said Wednesday a 35% increase in quarterly operating results. The EBIT of the company thus stood at 330 million euros for the three months to ...

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 ...

S & P revises upwards the risk of Spanish banks

Tuesday, October 11th, 2011

Standard & Poor's raised its risk assessment Tuesday for the Spanish banking sector, saying it will continue to face funding difficulties and release of earnings. The rating agency notes that Spanish banks continue to suffer from the economic crisis over the next 15 to 18 months. S & ...

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% ...

Credit Agricole above expectations despite Greece

Thursday, August 25th, 2011

Credit Agricole, which launched in late July a warning on its results because of the Greek debt crisis, said Thursday net profit above expectations in the second quarter, thanks to a load lower than initially announced on Greece . The French bank said in a statement it had a ...

Timothy Geithner decides to remain Treasury Secretary

Sunday, August 7th, 2011

Timothy Geithner warned Barack Obama that he intended to remain at his post of treasury secretary, does one learn in a statement Sunday by the Treasury. "The Secretary Geithner told the President that he intended to remain at his post at the Treasury," said Assistant Secretary of the Treasury ...

New aid plan of 160 billion euros for Greece

Saturday, July 23rd, 2011

The banks will participate and a default is not removed. Nicolas Sarkozy sees some action "the beginning of a European Monetary Fund," and announces upcoming proposals to improve European economic governance. Nicolas Sarkozy at the European Summit of 21 July 2011. The euro area has been on the table ...