February 2012
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A telephone Eurogroup on Greek debt

Posted on 2/4/2012 at 8:45:07 AM

The Greek finance minister, Evangelos Venizelos announced that its counterparts in the euro area would discuss this Saturday by telephone from the Greek debt. Negotiations Friday obviously did come to nothing. Greek unions have launched a new 48-hour general strike Tuesday, June 28 to protest against the austerity budget being considered by Parliament.  
Finance ministers [...]

Belgium fell into recession in the second half of 2011

Posted on 2/1/2012 at 11:05:07 AM

Belgium fell into recession in the second half of 2011, with an acceleration of the contraction of its economy over the last three months of the year compared to the third quarter, announced Wednesday the central bank. Gross domestic product (GDP) contracted by the Kingdom 0.2% in the fourth quarter from July to September, growing [...]

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Safran won a contract with Embraer for the KC-390

Posted on 11/14/2011 at 7:40:28 AM

Safran said Monday that its subsidiary, Hispano-Suiza was selected by the Brazilian aircraft manufacturer Embraer for the electrical system of the future military transport aircraft KC-390.
The contract covering the supply of the electrical distribution system and electrical integration of the device was not disclosed.
"This selection is the third collaboration of the [...]

Fitch does not downgrade the rating of France

Posted on 10/22/2011 at 5:45:12 AM

The head of credit ratings of sovereign debt at Fitch Ratings said Friday that the rating agency did not intend to downgrade France, whose rating is currently "AAA", the highest possible.
Earlier this week, ratings agency Moody's scratched on the first "triple A" French, by giving three months to assess its stable outlook, on [...]

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Sarkozy opened a European Commissioner for the euro area

Posted on 10/17/2011 at 7:10:21 PM

Nicolas Sarkozy deems "interesting" the Dutch proposal of European Commissioner for Budget whose mission is to enforce the commitments of countries in the euro area, said Monday the Elysee Palace.
Prime Minister of the Netherlands, Mark Rutte, discussed this proposal with the French president during a meeting at the Elysee Palace, in six days [...]

The strength of the franc reduced by 13% on sales of Roche nine months

Posted on 10/13/2011 at 11:45:06 PM

Roche confirmed its targets for 2011 following the release Thursday of a turnover in nine months slightly below market expectations, weighed down as expected by the strong Swiss franc.
The turnover of the pharmaceutical giant rose to 31.5 billion francs, which is an evolution stable constant exchange rates but to a decrease of 13% [...]

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KBC sells its private banking subsidiary to an investor

Posted on 10/11/2011 at 1:10:07 AM

KBC said Monday the sale of its private banking subsidiary KBL to Precision Capital, a Luxembourg company owned by a Qatari investor, to 1.05 billion euros, leading to many a sale that had been imposed by the European Commission in the part of the restructuring of the Belgian bank.
The announcement drove the KBC [...]

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Spain does not quantify the maximum debt

Posted on 8/24/2011 at 9:10:08 AM

The limit on public debt will be recorded in the Spanish Constitution in accordance with current guidelines of the European Union, but it is not necessary to include a target, said Wednesday the economy minister Elena Salgado.
The Spanish government said Tuesday it plans to amend the constitution by the November elections to ensure [...]

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The new school will be expensive this year

Posted on 8/17/2011 at 7:10:13 AM

The cost for a sixth grader is 187 euros, or 7% from a year ago, according Familels France. School children on the day of the new school year Sept. 2, 2010, in Vincennes
The cost of school for a student entering the sixth this year is 187.32 euros, up 6.8% over 2010, far more than [...]

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The feminization of the board accelerates

Posted on 8/1/2011 at 6:35:08 AM

The number of women on boards of companies in the CAC 40 has doubled in two years, but they are often "superwomen" from abroad, according to a study of the observatory and Ethics Boards.
The percentage of 20% of directors contemplated by French law for 2014 has already been reached by most of the [...]

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