November 29, 2011
The British government Tuesday revised down sharply its growth forecasts and found that it would take longer than expected to reduce the budget deficit, which led him to extend austerity measures beyond the election date of 2015. Finance Minister (Chancellor of the Exchequer), George Osborne, warned that the UK ...
November 27, 2011
The recovery plan for Air France will be in two phases and its first phase in January or February, will include measures to increase savings in order to preserve cash, writes La Tribune to be published Monday. The second part of the plan will be announced in May or ...
November 20, 2011
The party led by Hervé Morin Sunday presented its program for the 2012 presidential election. One proposal is to increase the legal working time for France to regain its prosperity. The details. The new center, chaired by Hervé Morin, "welcomes the solidarity displayed by members of the euro area to ...
November 11, 2011
The International Monetary Fund (IMF) estimates that there is a definite risk that the major economies fall into recession, unless their authorities take urgent measures to stimulate growth. In a note which had been prepared for the G20 summit held in Cannes last week, but was not published until ...
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 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 ...
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 17, 2011
Jean-Claude Trichet has exceeded the mandate of the European Central Bank (ECB) in its efforts to stem the debt crisis in the euro area, as more than half of bank employees asked about the eight years of his presidency the ECB. Just under half of the 1200 ECB employees ...
September 29, 2011
The trial of Michael Jackson's doctor should bring light on the circumstances of the death of the King of Pop. It is also an opportunity to revelations gains post-mortem of the star and use. Michael Jackson has reported nearly 400 million since his death June 25, 2009. Two years ...
September 14, 2011
Beijing's interest that Europe, its first export market, so the debt crisis in which it is stuck. But its purchases of government bonds in difficulties are by no means a long-term solution, says Xu Bei, an economist at Natixis. Interview. Chinese Premier Wen Jiabao visited the Acropolis in Athens with ...