Greece will give its response to the Troika Monday

Sunday, February 5th, 2012

The three-party coalition government in Greece have agreed on a reduction in public spending of 1.5% of GDP in 2012 and will give an answer to the proposal of creditors country's international Monday at noon (1000 GMT). "Political leaders should give an answer in principle tomorrow afternoon (the ...

Friday, October 28th, 2011

Values ​​to follow Thursday at the Paris Bourse, where the CAC 40 is 4.66% around 12:50 after the agreement reached in the euro area last night. FARM CREDIT * (+20.3%), BNP PARIBAS (16.23%) and Societe Generale (14.8%) are leading the CAC 40, with AXA (13.9%). Out CAC 40, ...

French growth would stall at year end

Monday, October 10th, 2011

French gross domestic product should be stable or, in the best case, register a slight increase later this year, according to the latest statistics from the Bank of France and INSEE. The Bank of France reiterated Monday its forecast of growth of 0.1% of the French economy in the ...

Sarkozy and Merkel in search of agreement on the banks

Friday, October 7th, 2011

Nicolas Sarkozy and Angela Merkel are found Sunday in Berlin with the need to reach agreement on the recapitalization of banks in Europe, amid differences over a recourse to public funds for the community to complete. The European Commission said Friday it would submit in the coming days proposals ...

The BoE injects 75 billion pounds of cash

Thursday, October 6th, 2011

The Bank of England injected 75 billion pounds of additional liquidity in the UK economy to support a faltering recovery and protect against the effects of the crisis in the euro area and the global slowdown. The BoE's decision on Thursday to bring its program of asset purchases to ...

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% ...

Europe does not move toward a recession, Barroso assures

Monday, September 5th, 2011

The President of the European Commission Jose Manuel Barroso continues to expect moderate growth in Europe and does not anticipate a recession. "We do not anticipate a recession in Europe. The latest forecasts from the European Commission show that there will be growth, modest growth, it is true," said ...

The debt of Greece considered "out of control"

Thursday, September 1st, 2011

The recession exacerbated by the austerity measures threatens to increase deficits and reverse the effects of EU bailout. Result, the swelling of the debt would be out of control according to an official report published in Greece. Greece in the storm In a report released Wednesday, the new Budget ...

Nearly one in three German believe in the death of the euro by 2021

Saturday, August 13th, 2011

Nearly one in three German believe the disappearance of the euro in ten years, reveals a survey published Sunday Sunday newspaper Bild am Sonntag. The study conducted by the polling institute Emnid, 31% of respondents hold this view, against 65% who bet on the opposite. The "Ossis" (inhabitants ...

Increase in attendance for Euro Disney in Q3

Tuesday, August 9th, 2011

Euro Disney said Tuesday sales rose slightly in the third quarter of fiscal year 2010-2011, attendance at its theme parks offsetting the loss of activity related to the sale of real estate assets. The total turnover of the group rose to 903.5 million euros, an increase of 1.2% over ...