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 ...

Friday, November 4th, 2011

The OECD will publish at the G20 a new list of tax havens. Switzerland and Liechtenstein can be found on the gray list for not been transparent enough. Nine other states, including Panama, the Seychelles and Botswana, are in a blacklist. French President Nicolas Sarkozy said on Friday that ...

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 ...

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 ...

Caterpillar's earnings up 44% in Q3

Tuesday, October 25th, 2011

Caterpillar reported Monday a record turnover and a 44% jump in profit in the third quarter, well above analysts' expectations and showing a cautious optimism for 2012. The world's largest earth-moving machinery and equipment for the mining industry said to expect that its sales climbed 10% to 20% next ...

Alexander was appointed Monday Juniac CEO of Air France-KLM

Sunday, October 16th, 2011

Juniac Alexander, former chief of staff Christine Lagarde at the Ministry of Economy, Monday is expected to succeed Pierre-Henri Gourgeon to the Directorate General of Air France-KLM, think they know the Figaro and Les Echos. A special board is scheduled Monday morning and is expected to endorse the departure ...

Discussions between Athens and continue Troika

Monday, October 3rd, 2011

The "troika" continues to peel the accounts of Greece and has not given the green light to the payment of a further tranche of aid vital to prevent the country is insolvent when this month , sources said Monday. Vice Minister of Finance had previously Oikonomou Pantelis said the ...

Slight increase in inflation in August

Tuesday, September 13th, 2011

The consumer prices in France rose 0.5% from July and 2.2% year on year. This increase resulted from the end balances and rising tourism. Winter sales, January 2010 The consumer prices in France rose 0.5% in August on a month, after falling 0.4% in July, and were appreciated by ...

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 ...

Spain is moving in the way of a golden rule on the deficit

Tuesday, August 30th, 2011

The Socialist government and the Popular Party (PP) opposition said Tuesday they have agreed to hold a parliamentary debate Friday on the amendment to cap the country's structural deficit to 0.4% of domestic product (GDP) over the duration of a cycle. The Spanish socialist government announced late last week ...