Paris finalizing a project minimum of Tobin tax

February 6, 2012

The draft law imposing a tax on financial transactions will concern only companies headquartered in France and whose market capitalization exceeds one billion euros, according to BFM Business. The Paris Bourse. The draft law imposing a tax on financial transactions will concern only companies headquartered in France and whose ...

Orange Austria ceded to the Chinese Hutchison 3G

February 3, 2012

France Telecom confirmed Friday the sale of Orange to the Chinese Hutchison 3G Austria, a subsidiary of conglomerate Hutchison Whampoa, continuing its asset sales abroad. The transaction is valued at 1.3 billion euros including debt Orange Austria amounting to around 1.1 billion euros. France Telecom, owner ...

The German model is it desirable?

February 2, 2012

Competitiveness of the German economy is regularly cited as an example by Nicolas Sarkozy. Yet behind the success of "Made in Germany" export hidden social realities unenviable. German Chancellor Angela Merkel at his best wishes for 2012 In his televised speech Sunday night, Nicolas Sarkozy praised the German model ...

November 10, 2011

HSBC reported Wednesday a fall from higher than expected profits in the third quarter due to sluggish performance of its investment arm and an increase in bad debts in the United States. The first European bank also warned that it could leave the United Kingdom, where its headquarters for ...

Ryanair is riding on the difficulties of Berlusconi

November 8, 2011

The airline offers Silvio Berlusconi to "escape with Ryanair" while Italian Prime Minister through a political crisis that could lead him to step down. Screenshot known site www.ryanair.com / it's November 8, 2011 "Dear Silvio, a new opportunity to escape with Ryanair." It is this formula that the low-cost ...

Santander boosts equity capital with new partners in the United States

October 21, 2011

Spanish bank Santander announced Friday a strengthening of its balance sheet by about a billion dollars (730 million) by integrating new partners in its activities to consumer credit in the United States. The announcement comes as pressure intensifies on European banks to increase their own funds. In a ...

Chinese Geely denies being interested in Saab

October 6, 2011

The owner of Volvo automobiles, Chinese Geely, denied Thursday be interested in the Swedish manufacturer Saab, after information in the sense of the daily Dagens Nyheter. Saab, which has hardly produced a car for six months, is in receivership.A loan of EUR 70 million guaranteed by the Chinese Zhejiang ...

36,100 more unemployed in Class A in July

August 25, 2011

Unemployment in France in July continued the rise that began in May, to find a level not seen for over 11 years, show statistics released Thursday by the Ministry of Labour and job center. The number of job applicants in category A (those who carry on any business during ...

The Italian government adopts austerity measures

August 12, 2011

The Italian government Friday approved an emergency order providing for austerity measures to balance the budget by 2013, officials said official sources. These measures are a response to calls from the European Central Bank (ECB) to Rome accelerating its balanced budget targets set so far in 2014.

The Eurozone is mobilized to extinguish the fire

August 5, 2011

Nicolas Sarkozy will confer by telephone this afternoon with German Chancellor Angela Merkel and Spanish Prime Minister Zapatero. European Commissioner for Economic Affairs, Olli Rehn, must in turn discuss ways to strengthen governance. The logo of the euro to the European Central Bank in Frankfurt. Faced with panic on ...

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