Sep 16

French banks have agreed to exchange more than 90% of Greek bonds they currently hold in the second aid package to Greece decided in late July, said Friday the Minister of Economy, Baroin.
"We can say that we are, with respect to the positions of French banks that have positions in Greece, that one [...]

Sep 5

European shares have increased their relapse into closed Monday, recovering from lows of 2009, in a climate of growing concerns about the debt crisis and fears of euro fell back into recession in the United States.
The CAC 40 index ended down 4.73% at 2999.54 points, its lowest since July 10, 2009 (final closing) [...]

Aug 25

Macarthur Coal on Wednesday stressed its growth prospects and said to continue to seek a white knight to counter the hostile bid from ArcelorMittal and Peabody Energy, which pushed up the stock exchange.
ArcelorMittal, the world's largest steel and Peabody, the largest U.S. coal, offered 15.66 Australian dollars per share Macarthur, including dividend, about [...]

Aug 21

Vice President Joe Biden tried to reassure Beijing again on the strength of the U.S. economy by ensuring that Sunday the United States would never be in default.
"The United States has never been in default and will never be in default," said Biden in a speech to Sichuan in southern China.
China [...]

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, [...]

Aug 18

The Irish finance minister warned Wednesday that he would insist that any tax on financial transactions applies to all European Union (EU) and not only to the euro area, the symbol of obstacle course that awaits project in Paris and Berlin.
These words of Michael Noonan received immediate feedback on the side of German [...]

Aug 12

European shares fall to leave Friday after a sharp rebound, driven by financial stocks, a ban on short sales of these securities in four countries in the euro area, including France, apparently not released selling pressure.
Around 9:30, the CAC 40 index, which gained 2.89% Thursday, losing 1.65% to 3038.81 points after opening up [...]

Aug 10

Several European suppliers of the Swedish Saab intend to apply for bankruptcy, hoping that this threat will grow the group, faced with severe budgetary difficulties, to settle its debts to them, their association said on Wednesday.
Vehicle production is interrupted in April at Saab, suppliers refusing to deliver more parts until they have been [...]

Aug 9

Standard & Poor's considers the prospect of stable sovereign ratings of France and Great Britain and has no plans to downgrade over the next two years, said Tuesday the director of the ratings agency in Europe.
While S & P downgraded Friday to AA + the United States and matched their score with a [...]

Aug 6

The "revolt of the tent" is growing. A large rally is planned on Saturday evening at 7:00 p.m. in Tel Aviv, to protest skyrocketing housing prices. And especially the widening of social inequalities. Efmme sleeping on a sofa near destentes installed on Rothschild Boulevard in Tel Aviv
The movement continues unabated. Last Saturday, more than [...]

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