Financial News, Economic Education, Analysis

The government should announce on Tuesday a record deficit of foreign trade of France close to 70 billion euros in 2011.
70 billion euros, the amount of foreign trade deficit for the French government plans to announce Tuesday. An absolute record much higher than the previous record set in 2008.
Secretary of State for [...]

Banco Santander has released Tuesday a net profit of 5.35 billion euros, down 35% as a result of new provisions for impairment of non-performing real estate assets. </ p> The largest bank in the euro area was the last of the Spanish banks to announce that it was setting aside capital to cover its exposure [...]

The gamble of George Papandreou destabilizes markets. A "no" to the Greeks in the referendum, which will probably take place in January, could force the country to default. And, ultimately, out of the euro area. The Greek Prime Minister George Papandreou.
The euro area has suddenly plunged into turmoil Tuesday after the surprise announcement of [...]

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 [...]

LVMH has maintained the pace of a very strong organic growth in the third quarter, despite the vagaries of the global economy and fears of slowing demand for luxury goods in mature markets.
The turnover of the world's number one industry, owner of Louis Vuitton leather goods, Hennessy cognac and Christian Dior perfumes, rose [...]

Friday Fitch downgraded the rating of Italy a notch and that of Spain in two, citing a worsening debt crisis in the euro area and the risk of fiscal slippage in both countries.
Note of Italy fell from AA-to A + and that of Spain AA + to AA-.The prospect of the two countries [...]

European values ​​have come down sharply Tuesday for the third straight session, closing with a lowest close in 26 months, fear of failure to Greece making only grow with each passing day.
The pan-European FTSEurofirst 300 index yielded 2.68 and the Eurostoxx 50 was unscrewed from 2.21%. In Paris the CAC 40 ended down [...]

Employees of Boeing delivered Monday by hand – in the literal sense – in the pouring rain and their first 787 Dreamliner to Japanese carrier All Nippon Airways, ending the long chapter of a development that has accumulated delays.
The 500 staff of Seattle, with the help of a trailer mechanics, have conveyed the [...]

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 [...]

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) [...]