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 ...

Pensions: the French are they right to be pessimistic?

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, ...

Berlin and the ECB are successful on the EFSF

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 ...

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 ...

European shares open sharply higher

October 5, 2011

European shares opened higher Wednesday, redemption, and with it the prospect of a political unity on the situation of banks to market to end in early trade, three consecutive sessions of decline. At 9:05, the CAC 40 index advances 2.57% at 2923.78 points. The London Stock Exchange gained ...

Greece: the failure scenarios

September 12, 2011

The failure of Greece is now a hyptohèse work for some German officials. But she is not alone. Overview of three options on the table and their consequences. Germany loses patience with Greece and plans to let the country go bankrupt. Germany is she about to let go of ...

The growth forecast for 2012 is about to be lowered

August 16, 2011

The economic growth forecast for France in 2012 will likely be revised downward, reported Tuesday the daily Les Echos, citing the entourage of Nicolas Sarkozy. The French economy stagnated in the second quarter according to the first estimate published Friday by INSEE.This cons-performance compromise in the eyes of many ...

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.

Standard & Poor's lowers the sovereign rating of the United States

August 6, 2011

The United States lost their precious "triple A", for the first time in their history. The rating agency Standard & Poor's announced Friday night down a notch in the sovereign rating of the United States, saying the planned fiscal consolidation program will not stabilize the debt of the world's ...

BNP vigilant on costs after a charge of Greece

August 2, 2011

BNP Paribas, which accounts for the second quarter were adversely affected by a provision of Greece intends to keep costs under control for the next few quarters, while expecting further declines in its risk provisions. The second largest bank in the euro zone by market capitalization, after Spain's Santander, ...

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