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 stock markets move down to midday, markets expect that Germany permitted the European Central Bank (ECB) to intervene massively to guarantee the debt of fragile states. But Berlin and the ECB refuse to do for now. Chancellor Angela Merkel in Berlin
Germany was sought on all sides Friday to find a solution to the [...]
Renault and PSA Peugeot Citroën will enjoy the holidays from November to introduce measures of partial unemployment in many of their factories so they say, to sell some of their stocks.
The two French car manufacturers have made inventory management a priority in order to avoid ending up in case of weaker demand in [...]
The National Assembly on Friday passed two taxes on soft drinks, including one on drinks with sweeteners. And despite a lobbying "scary" Coca-Cola, who may have done too much. The fee for sodas sweetened products will bring 240 million euros, the lights on 40 million.
Coca-Cola has lost. The National Assembly approved Friday the establishment [...]
Industrial production in the United States increased as expected in September, according to figures released Monday by the Federal Reserve, the manufacturing sector offsetting a decline in the utilities.
Production increased by 0.2% the previous month, according to the expectations of economists polled by Reuters and after remaining unchanged in August. (Revised from an [...]
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 [...]
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 [...]
Wall Street opened sharply lower Tuesday, as expected by economists following the announcement of a virtually stagnant growth in Germany in the second quarter, fueling fears of a relapse of the global economy.
Confirmation of the AAA rating of the United States by Fitch, a strong statistical U.S. industrial production and a given property [...]
The financial managers of industrialized nations have stepped on Sunday and Monday news to reassure financial markets, frightened by the colossal debts of European countries and the United States.
Monday morning before the opening of the Tokyo Stock Exchange, the finance ministers and central bankers from the G7 issued a statement in which they [...]
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 [...]