The contraction of the Spanish GDP in 2009 revised to 3.7%

Wednesday, August 25th, 2010

Spain's economy shrank 3.7% in 2009, slightly more than initially (-3.6%), revised official data showed on Wednesday. The national statistics institute INE said the review by changing the balance of trade figures, which are now showing a fall of 11.6% -11.5% of exports cons previously announced, and a decline ...

The Paris Stock Exchange began the month of August increased BNP top

Monday, August 2nd, 2010

The Paris Bourse is rising again in the opening exchanges in the wake of the Asian markets reassured by the Chinese activity indicators and after strong results presented by BNP Paribas. Around 9:15 am, the CAC 40 0.82% advance to 3673.11 points. BNP Paribas signs the largest increase ...

It is too early to say that the crisis is over, says Trichet

Friday, July 9th, 2010

It is too early to declare that the financial crisis is over, says the president of the European Central Bank Jean-Claude Trichet. "The events of recent months have shown clearly that it was too early to declare the crisis over," he said at a conference organized by the Center ...

Edenred up over 20% in its first meeting

Friday, July 2nd, 2010

The title Edenred (ex-Accor Services) signed the largest increase in the CAC 40 and traded more than 20% above its reference price Friday on the Paris Bourse, investors buying attractive valuations and good prospects group. At 10:55, the group action of prepaid services, resulting from the division of Accor's ...

The ECB wants to calm the markets before a key deadline

Tuesday, June 29th, 2010

The European Central Bank (ECB) has sought to reassure financial markets extremely tight Tuesday, ensuring that the banking system would not be disrupted by the arrival this week due to almost 500 billion euro emergency loan. Financial institutions in the euro area will thus have to repay the ECB ...

At trial Kerviel, Daniel Bouton recounts his strange dreams

Tuesday, June 22nd, 2010

5:12 p.m. For 20 minutes this are the lawyers for shareholders who have succeeded at the helm. They ask how Societe Generale could compensate its shareholders. Button, "unfortunately," says he can not do anything because it "is not responsible for everything, and certainly not that." As his doctors told ...

GDF agrees with Publigas to sell its 38.5% in Fluxys

Wednesday, March 24th, 2010

GDF Suez announced having reached an agreement to sell the Belgian Publigas the 38.5% it holds in Fluxys through its subsidiary Electrabel, amounting to 636 million euros. In a statement, GDF Suez said that following the transaction group of public utilities Publigas hold 89.97% in Fluxys.GDF Suez has meanwhile ...