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 ...
November 18, 2011
The news is unnoticed but it is historical: the Central Bank of China has authorized the Central Bank of Austria to make investments in renminbi. Decryption with François Godement, China specialist and Director for Strategy Asiacentre. The yuan's Bank of China has signed an agreement with the Austrian Central Bank ...
November 6, 2011
The European Central Bank (ECB) often discussed the possibility of ending its purchases of sovereign debt in case the Italian Rome would not implement the promised reforms, said Yves Mersch, a member of the Governing Council of the ECB . "If we find that (effective) our work is undermined ...
October 26, 2011
September ten French believe their standard of living in retirement will be worse than their parents and 42% associate retirement with financial difficulties. Fantasy or reality? What is a happy retirement? For a large majority of French people (seven out of ten) is to be financially secure before health, ...
October 23, 2011
Germany and the European Central Bank received Sunday the fund to support the euro, the EFSF, is not transformed in the bank, against the wishes of France, a majority of countries in the euro area and G20 members who saw an easy way to increase its firepower. Chancellor Angela ...
October 20, 2011
European markets open in the red Thursday morning after the meeting between Nicolas Sarkozy and Angela Merkel. The Franco-German summit suggests that disagreements are still on the rescue of the euro area. Paris lost 1.6%. German Chancellor Angela Merkel and Nicolas Sarkozy at a European summit in Brussels June 24, ...
October 18, 2011
Moody's is given three months to determine whether his perspective "stable" on "AAA" tricolor is still justified. The rating agency said that financire the financial strength of the French government has weakened. The Minister of Economy and Finance Baroin presented Wednesday, September 28 in Council ministresle of the state budget ...
October 13, 2011
An order of revocation was published in the Official Gazette on Thursday. It provides for removal of three licenses for shale gas of 64 in the south of France. A manifestation of anti-shale gas in the National Assembly, 10 May 2011. The order of revocation of three licenses for ...
October 12, 2011
The Tokyo Stock Exchange to a halt Wednesday, after three sessions of gains, the disappointing results of the U.S. Alcoa raising fears a negative impact of the debt crisis in the euro zone on third quarter results. The Nikkei lost 0.4%, or 34.78 points to 8738.90 points and the ...
September 27, 2011
Crédit Agricole will likely path traced by BNP Paribas and Societe Generale by announcing measures to reduce the size of its balance sheet and reduce its financing needs in dollars, analysts and sources close to the bank. Although more focused on retail banking and has already cut the wing ...