Berlin suffered a calamitous debt issue considered

November 23, 2011

Germany has awarded Wednesday that just over half the amount of debt that she hoped to sell, wiping one of its worst sovereign issues since the inception of the euro because they have offered a sufficient return to investors. Berlin has been sold for 3.644 billion euros in loans ...

Consumer confidence up two points in October

October 25, 2011

French consumer confidence rose in October, conversely to the expectations of economists shows a monthly survey released Tuesday by INSEE. The composite indicator of consumer confidence stood at 82, up two points from September. The 17 economists and analysts polled by Reuters on average expected a figure of ...

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 ...

Shale gas: the repeal of three licenses is formalized

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 ...

Crédit Agricole could also reduce its balance sheet

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 ...

Athens is considering a 50% discount on its debt

September 23, 2011

The Greek Finance Minister Evangelos Venizelos spoke to parliament three scenarios to solve the budget crisis, including a default ordered at a discount of 50% for holders of sovereign debt, the Greek press reported Friday. A spokesman for the Greek government has denied reports the newspaper Ta Nea and ...

Why China invests in European public debt

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 ...

The Fed will consider the tools of monetary stimulus

August 27, 2011

The Federal Reserve chairman Ben Bernanke has failed Friday to announce new decisions to boost growth but felt it was vital for the economy to reduce unemployment in the long term. "It is clear that the recovery after the crisis was much less robust than we had hoped," he ...

Besson calls for lower gasoline prices by 15 August

August 11, 2011

The Minister of Industry asked distributors to pass at the pump drop in oil prices before the end of the week for the holiday of August 15th to enjoy. Eric Besson requires fuel distributors to pass on prices at the pump lower oil prices before the weekend. The Industry ...

The key to understanding the financial crisis

August 8, 2011

Why the panic in financial markets? Will there be a crash? What impact will the degradation of the note of the United States? The debt crisis in the eurozone is contagious? Our responses. Asian stock markets have closed sharply down Monday, August 8, 2011. The Tokyo Stock Exchange lost 2.9%, ...

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