Troika to Greece: "We need to deregulate transport"

The representatives of the creditors of Athens (EU, ECB, IMF) insist that Greece deregulates including the taxi trade. Thousands of "outrage" expressed Sunday, June 19 against the austerity of Syntagma Square in Athens.
Representatives of international donors in Greece (EU-ECB-IMF) urged Friday to the Minister of Transport on the need to deregulate transport, including taxis, [...]

Papandreou Sarkozy would meet Friday

Greek Prime Minister would meet with French President to discuss the plan to end the crisis in the euro area. Greek Prime Minister George Papandreou at the EU summit of June 23, 2011.
Greek Prime Minister George Papandreou would meet with French President Nicolas Sarkozy in Paris on Friday to discuss the plan to end [...]

New CO2 tax for manufacturers in 2012

The government will create a windfall tax in 2012 for manufacturers subject to the quotas of carbon dioxide (CO2), a government source said Tuesday, confirming a report in the daily Le Figaro.
This tax will be sitting on their sales-tax at a rate of between 0.08% and 0.12% and is expected to bring nearly [...]

Groupama postponed its IPO in 2015

The mutual insurer Groupama will give priority to profitability rather than market share gains during the implementation of its new savings plan 2012-2015, after which the group plans to put its new stock exchange, said its director general daily Les Echos.
Standard & Poor's downgraded Friday the long-term rating of Groupama, a decision to [...]

The confidence index at half of French households

French consumer confidence has deteriorated sharply during the summer, the monthly survey shows Friday the INSEE.
The composite indicator of consumer confidence stood at 80, down five points from July, and is now the lowest since February 2009.
Economists and analysts polled by Reuters on average expected a figure of 84 and the [...]

The contraction sharpened fears of relapse

Fears of a relapse of the global economy have intensified Thursday with the release of purchasing managers' index (PMI) showing a contraction in private sector activity in the eurozone and in China, which fueling the decline in equity markets.
Against the backdrop of the debt crisis, the activity of services in the euro area, [...]

Bureau Veritas wants to nearly double in size again in 5 years

Bureau Veritas has set ambitious goals Tuesday for 2015 through the increasing development of regulations and standards, particularly in emerging markets, allowing it to reconsider a near doubling of its size in five years despite the uncertainties ambient.
The world number two services for conformity assessment and certification, which has already almost doubled its [...]

Obama presents his plan to reduce the deficit

The U.S. president announced Monday new measures savings of $ 3 trillion dollars over ten years. They include the creation of a tax on the rich millionaires. President Barack Obama has presented new cost-saving measures to reduce the deficit Monday, September 19 in the Rose Garden of the White House.
President Barack Obama said Monday, [...]

German growth "close to 3%" this year

Angela Merkel has revised the outlook for growth on the rise in the country, while global growth is threatened. German Chancellor Angela Merkel (Blegrade by August 23, 2011)
German Chancellor Angela Merkel said on Friday that the growth of gross domestic product (GDP) German would be "closer to 3% than 2.5%" this year. This statement [...]

What future for the investment bank UBS after the fraud?

The pressure to sell the investment bank will increase further following the discovery of a fraud involving two billion dollars in the facility.
A 31 year old man was arrested Tuesday morning in London to a folder on unauthorized transaction, which could result in a loss for UBS in the third quarter.
The [...]