The CAC 40 in advance of 1.52% to 3150.99 points, led by banks. After the meeting of the Eurogroup, eyes turn to Italy, where there will be a crucial vote in Parliament. The Eurogroup meeting she reaches to allay fears about the debt crisis crippling the Paris market? On Tuesday, the leading index of 1.46% in mid-session [...]
Twelve days after a final summit was intended to stem the debt crisis, building a solid line of defense in the euro area has not moved an inch. Concerning the strengthening of the European financial stability, a crucial measure to contain the crisis and save the sinking euro area, the finance ministers of Seventeen, meeting in [...]
Investors await a key vote for Silvio Berlusconi in Parliament. Italian rates continue to surge in the bond market. Financial stocks led the rise in Europe. European shares move sharply higher on Tuesday, November 8. The places of the continent remain dominated by politics and the budget vote of Italy is one of the key events for the [...]
The second austerity plan presented Monday by François Fillon make an additional effort of 7 billion euros in 2012. Which 4 billion at the expense of consumers and taxpayers. “The word bankruptcy is no longer an abstract word,” warned Monday Francois Fillon, in the prologue of his presentation of a new austerity plan for the future. The [...]
Paris cedes ground in a market that grows with the convolutions policies in Italy and Greece. Financial stocks move in a disorganized, while the cyclical retreat. Faurecia is distinguished by its forecasts. At 2:45 p.m., the Cac 40 yields 0.50% to 3108 points. The Paris Bourse was down in a rickety market at the mercy of political developments in [...]
After the government’s announcement to raise from 5.5% to 7% VAT for food services at the table, syndicates sector “reserve the right not to implement” all commitments on the employment rates and the attractiveness of the area. The restaurant industry will bear the brunt of the new government austerity plan. The news was expected since last [...]
While some of its inhabitants regret the Deutschemark and if their leaders are struggling to save the euro, Germany remains the main beneficiary of the creation of the single currency. An excellent reason to finance the rescue. “We continue to get many times what we spend for Europe and the euro,” said Chancellor Angela Merkel regularly [...]
Greece has given a referendum on the European scheduled for early December. But what would happen if the country went completely in the euro area? Let us go further. Imagine that Greece is no longer part of the euro area in the coming months. Output desired by some but feared by others. This scenario unthinkable a few weeks [...]
The business service firms in the euro zone shrank more markedly than expected in October, the debt crisis has sealed new business, increasing the risk of another recession Friday show monthly PMI surveys. The debt crisis, which hurts companies in the euro area, has experienced dramatic new twists in recent days with the political crisis [...]
Job creation has slowed sharply in the United States in October, but this did not prevent the unemployment rate to fall slightly, according to official figures released Friday in Washington. The U.S. economy created more jobs that ‘it does destroy the thirteenth consecutive month, and the net hiring of the country stood at 80,000 jobs, [...]
