Credit Agricole says ready for all scenarios on Greece

Friday, May 11th, 2012

Credit Agricole, which accounts for the first quarter were again sealed by Greece and by restructuring charges, said he was ready Friday to all scenarios on the future of the Hellenic Republic as markets fear a departure from the country of the euro area. Considering the situation in ...

Madrid will not need help its banks, confirms the EC

Wednesday, April 11th, 2012

The European Commission continues to believe that Spain would not need financial assistance from the euro area in order to recapitalize its banks Wednesday said a spokesman. Asked if the Commission felt that Madrid was always able to avoid stressing the currency bloc to preserve its banking sector, ...

The future of Greece in the hands of the Eurogroup

Monday, February 20th, 2012

Finance ministers from the euro zone must give the green light today to the payment of a loan of 130 billion euros to Greece to avoid going bankrupt. The Temple of Zeus in Athens. The partners of Greece in the euro area, which meet Monday, should agree on a ...

The "bulls" retain control this week on Wall Street

Sunday, February 12th, 2012

Despite weak corporate earnings and signs of an overbought market, the "bulls" (those who play upwards) may retain control over Wall Street next week. Since the opening of the "season" of results, 352 companies in the S & P 500 have published their accounts and only 63% beat ...

Tuesday, November 8th, 2011

Wall Street closed higher Monday, turning in the last trading session after a particularly volatile and largely downward trend on fears that Italy's third largest economy in the euro area, in turn carried by the crisis of debt. The New York Stock Exchange closed up 0.71% Monday, the Dow ...

Thursday, November 3rd, 2011

Swiss Re on Thursday posted quarterly results significantly better than expected but declined to give an assessment of damage caused by floods in Thailand. Net income for the Swiss reinsurer has more than doubled in the third quarter to $ 1.35 billion (988 million) against 618 million in the ...

One in three French waives heal lack of money

Friday, September 30th, 2011

29% of French people have given up or postponed medical care this year because of financial difficulties. In the three quarters of cases, this includes dental care. According to a survey conducted in June 2011 for the Circle Health and Europ Assistance, 29% of French say they have postponed ...

Bank stocks collapsed in Paris on debt fears

Wednesday, August 10th, 2011

"The evolution of spreads over France and Germany could be a sign that markets are increasingly concerned about the ability of the eurozone countries to support the weakest of the EU," Fitch wrote. At the Paris Bourse, the fall of the SocGen action sailed around 18.5% to 16.15 after ...

The Tokyo Stock Exchange ended down 0.50%

Wednesday, July 27th, 2011

The Tokyo Stock Exchange ended down 0.50% Wednesday as investors worried about the political impasse in the United States on raising the U.S. debt ceiling. The Nikkei, however, able to remain above the threshold of 10,000 points with expected positive results of Japanese companies. The Nikkei lost 50.53 ...

The IFI offers an exchange of Greek debt

Thursday, July 21st, 2011

The Institute of International Finance (IIF) said on Thursday an exchange of Greek debt maturing until the end of 2019 against 30-year bonds, according to a document obtained by Reuters. This should help the private sector to the tune of 17 billion euro rescue of Greece. According to ...