Financial News, Economic Education, Analysis

The German government's economic advisers believe that the European Central Bank (ECB) is likely to lose credibility by buying government bonds heavily indebted.
"The bond purchase program dismantles market discipline without establishing a discipline policy in place," write the "Wise Men" German in a report released Wednesday.
Blurring the fiscal and monetary policies, [...]

Commerzbank may need assistance from the German government to comply with new European requirements for capital if the economy continues to slow, given the poor results recorded recently by the group, said Monday the agency Fitch Ratings.
Last week, Germany's second largest bank, owned 25% by the German federal state, however, had said she [...]

A cabinet meeting will be held tonight to accept the austerity measures agreed at the Summit of the rescue of the euro on October 28 in Brussels. The Italian prime minister Silvio Berlusconi at the European Summit of October 23, 2011
The Italian government said Wednesday in a statement the convening of an extraordinary cabinet [...]

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 [...]

Propelled to the head of Dexia in 2008 after a first rescue Franco-Belgian bank, Pierre Mariani will ultimately failed to recover the former world number one local government financing trapped in the quagmire of debt crisis sovereign within the euro area.
Former director of cabinet of Nicolas Sarkozy during his visit to the Department [...]

There is currently no plan to recapitalize French banks and they do not need it, said the governor of the Banque de France, Christian Noyer, in an interview with Journal du Dimanche.
In case of extraordinary event, the public support mechanism used in France in 2008 is in place, says Christian Noyer, a member [...]

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 [...]

European stock markets are volatile again show Friday in the wake of financial stocks after the temporary ban on short selling of certain securities sector in France, Italy, Spain and Belgium.
Around 13:00, the CAC 40 index 1.48% to 3135.26 took points, after losing up to 2.3% in the morning.
"The psychological threshold [...]

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 [...]

Changes in commodity prices and the aftermath of the tsunami in Japan have had a negative impact on the accounts of Schneider Electric, whose chief executive told the newspaper Les Echos that he was now the bottom of her range of operating margin target for 2011.
If Schneider Electric continues its annual target organic [...]