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 [...]
European shares closed up to a peak a week, made their rally in a small volume extending for the third straight session.
The Paris Bourse ended with a gain of 0.46% to 3026.76. Other European markets end up in unison.
Values, Rémy Cointreau finished with a gain of 2.9%. The second group of [...]
The group formed around the building Bouygues Ile-de-France, with architect Renzo Piano, was selected to build the future courthouse in Paris, said Friday the board of EPPJP.
Bouygues was competing with Vinci for this major project, to be confirmed by the signing of the PPP expected by February 2012, says in a statement.
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The Greek leaders meet with their counterparts in Switzerland next week to finalize an agreement on the Greek capital flight to Bern. It goes from 8.86 to 9 euros gross time to reach 1,365 euros for 35 hours, or about 1,073 euros net per month.
The Greek Secretary of State at the Ministry of Finance, [...]
The Tokyo Stock Exchange ended Friday down 1.21%, plunging below 9,000 points after profit-taking driven by six consecutive sessions of gains.
Japanese equity markets also fell in anticipation of the statistics of job creation in the United States, expected in fall.
The Nikkei lost 110.06 points to 8,950.74 and the Topix, broader, sold [...]
Finland would be irresponsible if it did not require collateral in exchange for his aid to Greece, said Friday its finance minister, Jutta Urpilainen.
"It would be completely irresponsible for the government. That's why it will not happen. The Social Democrats will not give up," she said at a gathering of the Social Democratic [...]
The Italian authorities will meet Tuesday, it was learned from authoritative sources, to discuss the behavior of financial markets in relation to the country's sovereign debt, which threatens to cost refinancing unsustainable levels and cause a serious budgetary crisis.
The economy minister, Giulio Tremonti, should chair the meeting of the Financial Stability Committee, said [...]
The Portuguese Government states that the country's gross domestic product will contract by 2.3% this year and 1.7% in 2012, as the country implements austerity measures required by the bailout of the EU and IMF.
The Minister of Finance, Vitor Gaspar, also told the press that Lisbon was preparing new spending cuts to ensure [...]
Christine Lagarde, the new director general of the International Monetary Fund, pledged Wednesday to embark on reforms to give greater weight to emerging economies and to better reflect recent developments in the world.
At a press conference the day after taking office, Christine Lagarde has established the diagnosis of the health of the global [...]
The 49th Paris Air Show, which closes Sunday, has increased its records this week, with a total attendance estimated at nearly 350,000 visitors, while Airbus EADS has booked more than 900 aircraft orders, defeating his great rival Boeing.
Since its opening Monday, the fair attracted 145,000 visitors and more than 2,100 exhibitors, the organizers [...]