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 [...]

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The Tokyo Stock Exchange ended almost stable

The Tokyo Stock Exchange ended almost in equilibrium, gaining 0.08% on Wednesday, supported by company results satisfactory, despite some disappointments, such as Honda Motor, whose performance Quarterly did not meet expectations. </ p> The Nikkei gained 7.28 points to 8809.79 points and the Topix, broader took 2.69 points (+ 0.36%) to 757.96 points. </ p> [...]

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 [...]

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 [...]

How Coca-Cola has lost the battle on sodas lights

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 [...]

The French regulator had warned in August 2010 at Dexia

The French banking regulator warned Dexia Credit Local (DCL) in August 2010 that its liquidity position did not meet minimum requirements and that it planned to put the financing subsidiary of Dexia local under "special supervision" and to appoint a controller.
Already recapitalized in 2008 to 6 billion euros not the French public authorities, [...]

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 [...]

Greece is tackling tax evasion in Switzerland

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, [...]