In protest against the austerity plan of Prime Minister David Cameron, the public sector employees are mobilized en masse on Wednesday. A strike could be the "most important in a generation." Public transport could be very disturbed by work stoppages on Wednesday.
The British public sector employees are on strike on Wednesday against pension reforms, [...]
Nov
30
Oct
28
The decisions of the top leaders of the euro area in particular provide a 50% discount on Greek debt held by private creditors and a strengthening of the EFSF to 1.000 billion euros. The details. The European Council President Herman Van Rompuy, Nicolas Sarkozy and Angela Merkel in Brussels.
The top of the eurozone, which [...]
Oct
16
The French Finance Minister Baroin promised Saturday to the rest of the world that the Europeans would provide a response on October 23 "critical" to the debt crisis. The French Minister of Economy Baroin chaired the G20 finance 14 to 15 October in Paris
Europe is the threshold of a decisive week that will culminate [...]
Oct
14
France and Germany "on contractual" agreements on ways to resolve the debt crisis in the euro area, said Friday the French Minister of Economy Baroin after meeting with his German counterpart Wolfgang Schäuble and Nicolas Sarkozy at the Elysee Palace.
Both ministers, however, did not disclose the concrete modalities of this cooperation, referring implicitly [...]
Sep
20
Wall Street opened on an uncertain note Tuesday in the wake of profit taking and as investors questioned whether the Fed will back a move to boost growth.
In early trade, the Dow was stable (0.04%) to 11,406 points.The Standard & Poor's also (-0.01%) to 1204 points while the Nasdaq composite fell by 0.1% [...]
Sep
13
German Chancellor wants to avoid non-payment of Athens, which may affect other European countries. German Chancellor Angela Merkel (Blegrade by August 23, 2011)
German Chancellor Angela Merkel said Tuesday that it was necessary "to avoid any uncontrolled process in the euro area", referring to a bankruptcy of Greece as it is discussed with emphasis in [...]
Sep
3
The budget deficit in Ireland reached 20.4 billion euros in late August against 12.1 billion euros in August 2010, announced Friday the Irish Department of Finance.
Excluding a $ 10.6 billion paid for the Irish banks, the deficit was reduced by about two billion euros a year, the ministry said.
Tax revenues reached [...]
Aug
28
Hurricane Irene caused between 200 million and 400 million dollars (138 and 276 million euros) in damages covered by insurance in the states of North Carolina and South, said Sunday's catastrophe modeling firm EQECAT .
This evaluation suggests that the hurricane was downgraded to a tropical storm may have caused less damage than feared [...]
Aug
23
Volvo Car, owned by Chinese Geely,'s objective is to sell 50,000 cars in China this year, against 30,000 in 2010, said Tuesday Richard Snijders, President and CEO of the distribution division of Volvo in China.
The CEO of Volvo Stefan Jacoby announced in February to invest more than $ 11 billion (7.6 billion euros) [...]
Aug
19
European shares retreated again Friday morning after a black day, weighed down by fears of a recession in the United States. The latest information. Traders at the New York Stock Exchange, August 18, 2011
11:17: The Greek GDP could shrink by more than 4.5% in 2011 against 3.8% expected, announced Friday the Greek finance minister, [...]