Deficit: the Court of Auditors advocates more effort

Thursday, February 9th, 2012

Barely 10% of the effort to rebalance public finances French was realized last year, warned the Court of Auditors in its annual report public. She said the largest portion of the road will remain ahead in 2013 and 2014. The first president of the Court of Auditors, Didier Migaud, presented ...

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 ...

Saturday, November 19th, 2011

International creditors of Greece did not convince the leader of the Conservatives Saturday, Antonis Samaras, to undertake in writing to support the austerity measures required for new aid. The leader of New Democracy, one of the three member parties of the coalition government of Lucas Papademos, reiterated that his ...

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 ...

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 ...

Tuesday, November 1st, 2011

In Milan, Intesa Sanpaolo sells 15.41% "This announcement is likely to penalize the performance of the banking sector, given the uncertainty it generates on the implementation of the Europe Agreement on Greek debt," say analysts at Natixis. Lionel Garden, head of institutional sales at Assya Capital, believes that ...

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 ...

Extended to tax soda drinks with sweeteners

Thursday, October 13th, 2011

Extended the tax proposed by the Finance Committee of the Assembly would raise 250 million euros. More revenue for reducing the cost of agricultural labor. Tax soda drinks should also touch sweeteners. The government does not expand the new tax on soda beverages containing sweeteners such as the National ...

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 ...

IMF urges European leaders to support growth

Tuesday, September 20th, 2011

The weight of public debt, the slowdown and turmoil in financial markets threaten the economic recovery in Europe and requiring a quick reaction from political leaders and the ECB, said Tuesday the International Monetary Fund. In his new "World Economic Outlook", the IMF cut its growth forecast to 1.6% ...