The euro area may have to pay 145 billion to Greece

Governments in the euro area may have to bring up to 145 billion euros of public funding to Greece under the second plan to help the countries under consideration, said Friday several European sources.
These funds would supplement the effort to prepare to make private creditors of Athens by accepting a discount of at [...]

The Tokyo Stock Exchange closed up 1.56% Monday, ending in the green for the first time in six sessions, coinciding with the rebound of the euro and U.S. index futures.
The Nikkei gained 127.48 points to 8,287.49, after falling last week to a low of two and a half years.Government sources in Rome say [...]

Compass publishes an annual operating profit up 9%

The world of catering Compass reported Wednesday a 9% increase in operating income underlying annual, thanks to improved margins and growth through acquisitions.
The British, French Sodexo's main competitor, displays the full year operating income (Rex) from 1.09 billion pounds (1.26 billion euros), according to 12 analysts' forecasts a study provided by it.
[...]

The new car registrations in the EU fell by 1.8% in October to 1.005 million units, said Wednesday the Association of European Automobile Manufacturers (ACEA).
If we add also the data from Iceland, Norway and Switzerland, the decline was slightly less marked, to -1.4%.
Over the period from January to October, registrations show [...]

Mario Monti, appointed Sunday evening to form the next Italian government has promised to conduct "with a sense of urgency but with care" consultations to establish the composition of his cabinet.
These will begin in the evening and will begin with interviews with the presidents of the Senate and the Chamber of Deputies, Gianfranco [...]

The price of light crude ended down on Tuesday for the third straight session, affected by the renewed pessimism caused by the decision of the Greek Prime Minister to hold a referendum on the agreement European rescue of the country.
On the Nymex, the December contract on the U.S. light crude (WTI) ended on [...]

Nicolas Sarkozy has once again praised the German economic success and interest that France would have to be inspired. Henrik Uterwedde, deputy director of the Franco-German Institute in Ludwigsburg, analysis of this fascination French politicians for our neighbors. .

"Bringing France to a system that works", "max out of Germany" … Yesterday, in his television [...]

Pressure on the French AAA weigh on the euro area

The warning from Moody's Aaa rating on the of France poses new uncertainties about how to resolve the debt crisis in the euro area, five days a crucial summit for the future of the single currency, say the Analysts.
But if the decision of the rating agency to assess the stable outlook of the [...]

The count-down continues until the board of Dexia

Discussions on the future of Dexia continued Saturday in Brussels and Paris to an agreement on the orderly dismantling of the Franco-Belgian bank, the first victim of the European debt crisis.
Originally scheduled for Saturday afternoon, a decisive meeting of the board of the group was delayed until Sunday to give negotiators more time. [...]

Oil prices end down sharply because of Greece

Brent crude closed Monday at 101.71 dollars a barrel, down $ 1.05, or 1.02%, against a backdrop of rising dollar against the euro and concerns about the crisis European debt.
This is the lowest closing price of Brent in seven and a half months.
Shortly before, a barrel of U.S. light crude had [...]