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 [...]
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, [...]
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 [...]
The CAC 40 index again tested the 3,000 points in early trading Tuesday.
At 9:33, the CAC 40 is 0.16% to 3004.63 points after passing briefly under the psychological barrier of 3,000 points.
The Tokyo Stock Exchange ended on a symbolic increase of 0.01% Wednesday as investors pausing following increases in the last four sessions, investors waiting for signs of support from the Fed.
The Nikkei gained 1.30 point to 8,955.20 and the Topix, broader took 3.30 points (0.43%) to 770.60.
Japanese stock indices have evolved [...]
The rise of the euro is not a sign of confidence in the economy of the Old Continent. It is mainly driven by dollar weakness and renewed appetite for risk.
The euro continued to rise Monday above the threshold of $ 1.45, benefiting from a reflux of the risk aversion of the operators, after the [...]
After the growth recorded by the ghost French economy in the second quarter, the forecast of the Centre Expansion does not exceed 1.5% of GDP growth in 2011 and 1% in 2012. As a result, nearly 13 billion euros it will find more to solve the budget equation. Baroin was appointed Minister of Finance and [...]
Countries in the euro area who want to convince Greece to provide a guarantee in return for cash assistance may delay the payment of the next installment of the bailout program and put the country in default, said Moody's.
Greece has signed with its international donors agreed a new rescue package in July, covering [...]
Growth slowed in the second quarter in Spain and the Italian economy should suffer the same fate in the months to come, say economists after the publication of preliminary figures of Gross Domestic Product (GDP) in the two countries Friday.
The torpor of the activity in Italy and Spain, third and fourth economies in [...]
For the first time a President sent a letter to MPs and senators. In the letter signed by him, Nicolas Sarkozy praised the European decisions on Greece and calls for hidden words the opposition to vote the golden rule budget. Nicolas Sarkozy sent a letter signed by him to Parliament to review the plan of [...]