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CAC 40: results up sharply

Posted in Uncategorized, finance, online, people, publications by admin on March 7th, 2011 | Comments Off

The big French companies have practically recovered their health dazzling pre-crisis! The combined profits of the forty groups of ACC and reached 82.15 billion euros (1), up 83.5% over 2009! "These results are good, although still lower than 15% for those records in 2007," said Pierre Sabatier, in PrimeView. Sales of these major groups have rebounded, approaching their pre-crisis. Golablement, the 40 stars of the Paris stock exchange recorded a turnover of EUR 1.26974 trillion, up nearly 7% over 2009. Companies have restructured and reduced their debts much since the crisis began."They benefited in 2010 of an enabling environment, financing conditions very favorable from a raw material prices relatively low and a recovery in global growth driven by emerging countries," Pierre Sabatier analysis.

Click on the thumbnail to enlarge the graphic.

The year 2010 was marked by a return to better fortunes of banks and insurance companies, but auto manufacturers. Other companies have also created surprise. "About half of large listed announced results that exceeded analysts' expectations, however high," says Claudia and Panseri at Societe Generale.If the telecom industry or certain values (Vallourec) were somewhat disappointed analysts, pharmaceutical (Sanofi-Aventis), the consumer goods sector (Danone, Essilor, L'Oréal), luxury and technology companies (Alcatel ) did better than expected. "For some groups, it is merely a technical rebound. But others have found, or exceeded their profits before the crisis. This is the case of the automobile (Renault, Peugeot), steel, construction (Saint-Gobain, Lafarge) or luxury (LVMH, PPR), "said Christian Parisot at Aurel BGC.

Companies will be pampered and invigorated their shareholders by donating about 40 billion euros in dividends. "The crisis of the past, but has left its mark. Businesses remain cautious and even if they have a lot of cash, they invest little for the moment, "said Pierre Sabatier.Especially since the year looks a bit more complicated than 2010. Certainly, the consensus of analysts expects an increase of 11% of the results of the ACC in 2011.

"Sectoral Differences"

But these forecasts are somewhat compromised by the soaring prices of raw materials and oil, which if continued could weigh on consumer spending. "For now, we're not too worried because global growth is buoyant, particularly in the United States. This should allow companies to increase their turnover and profits, "said Claudia Panseri. "But if at the end of the second quarter, oil prices remain too high, companies could face new difficulties," she nuance. For some economists, margins, now at their highest, might suffer. Corporate profits should be less homogeneous."There will be more pronounced sectoral differences. Companies that can raise their prices to cope with rising commodity prices should fare better than others, "suggests Christian Parisot.

(1) These results were calculated using for EADS, Alstom and Pernod Ricard, the earnings estimates of analysts.

The champions of profitability are in the health and luxury

Health, luxury and drink: this is the ranking of the most profitable of the CAC 40. With a net margin of over 17%, the pharmaceutical group Sanofi-Aventis is by far the head of the most profitable companies in the benchmark index of the Paris Bourse. Despite competition from low-cost generic products, the blockbuster drugs that markets the group remains a fantastic source of profit, even if it tends to decrease from year to year.That's why Sanofi-Aventis accelerates acquisitions in the biotechnology sector. Activities located far upstream of the research cycle that will not suffer competition from laboratories specializing in the exploitation of patents has fallen into the public domain. It responds to this concern that the takeover bid of 20.4 billion currently on American society Genzime.

"The other champions of profitability are all protected by strong brands and recognized internationally, said Pierre-Yves Gauthier, strategist of financial analysis firm AphaValue.The strength of the brand is even considered an asset, it is a guarantee of high profitability and sustainability of future earnings. "There is nothing surprising in these conditions to see in the list of the groups with the most comfortable margins of LVMH, the world leader in luxury, L'Oreal, which remains a true superstar on the cosmetics market, but Pernod Ricard, which has to focus on the segment of premium spirits. These are sectors that benefit from the excellent image of France abroad.

Technological advance

"The common point of companies like LVMH, L'Oreal and Pernod Ricard, is that their high level of profitability does not only depend on their ability to protect their margins. It also relies on the strong business growth in emerging countries but also in the U.S., where business goes.That's what investors look primarily, "said Francois Mallet, head of research at Kepler Capital Market Action. In another area, Essilor International shows very strong margins (12% on net income) based on its technological lead in glasses.

Largest provider of benefits of CAC 40 with 10.5 billion euros in profits in 2010, Total is not the group's most profitable CAC 40 in terms of profit margin. It appears, however, among the "oil majors" the better off the Old Continent, far ahead of the British giant Anglo BP or Royal Dutch Shell. With 7.48 billion euros in net profit in 2010, BNP Paribas ranks among the most profitable banks in Europe. The first French bank has cleared the crisis, since the record profits achieved in 2007 is outdated.

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The CAC 40 reassured by the issuance of Portugal

Posted in business, life, opinions, resources, special by admin on January 12th, 2011 | Comments Off

In the wake of Wall Street, the Paris Bourse was up on Wednesday. Halfway through, the CAC 40 rose 1.27% to 3911.09 points.

On Tuesday, the CAC 40 moved closer to the 3900 clearly points to 3861.92 points (1.58%), supported by bank stocks.

Portugal has successfully placed 1.249 billion euros of debt, getting lower rates on long bonds. Demand was also strong on Wednesday, 3.2 times greater than supply for bonds maturing in June 2020, and 2.6 times higher for those maturing in October 2014.

The bond issue was highly anticipated because of growing fears about the solvency of Portugal, considered by many economists as the next country in the euro area may have to resort to international assistance.

Public deficit down slightly

In France, two indicators were on the agenda: the current account deficit rose to 4.2 billion euros in November. In addition, the budget deficit declined slightly to 140.7 billion euros at end-November (cons 141 400 000 000 a year earlier). The government expects to end 2010 on a budget deficit of 149.7 billion euros, a record.

Industrial production in the euro zone rose 1.2% in November over a month, said Wednesday the statistical office of the European Union, Eurostat.This monthly increase, resulting in an increase of 7.4% over one year is higher than expected.

In the U.S., investors will follow the import prices in December (1430), the weekly inventory of crude oil (16.30), the figures of budget execution in December (20 hours) and the meeting of Policy Committee the Fed (20 hours).

Bank stocks well surrounded

On the currency markets, the euro fell to below $ 1.30 Wednesday, erasing gains made during Asian trade and early European session, after a bond Portuguese. By late morning, the euro bought 1.2970 dollars against 1.2974 dollars on the previous evening.

On the corporate side, the reaction of bank stocks to launch bond issue of Portugal was expected.Societe Generale climbed 4.27% to 42.14 euros (largest increase in the CAC 40), BNP Paribas rose 3.33% to 49.53 euros and Credit Agricole takes 2.95% to 9.90 euros.

RBS Sempra Commodities will sell assets at Societe Generale, which settle in cash, RBS said on Tuesday. The British bank did not disclose the amount of the transaction, but said that the assets sold were not quantifiable value.

Historic order for Airbus

EADS: + 2.24% to 20.52 euros.

The main low-cost Indian carrier IndiGo has committed to buy 180 Airbus A320s, of which 150 copies of its new version remotorisée Neo, for a total estimated at $ 15 us fast cash.6 billion based on list prices. According to Airbus, a subsidiary of EADS, it is "the firm contract for the largest number of aircraft in the history of civil aviation."In addition, the Executive Chairman of the European aerospace group EADS, Louis Gallois, who recalled that his contract did not expire until June 2012 and that the question of his succession would be discussed "in due course".

Sodexo: -2.80% to 51.73 euros

Sodexo confirmed Wednesday its annual targets and announced for the first quarter of fiscal year 2010-2011 offbeat, organic growth in sales of 4.7%.

Hermes: -0.34% to 159.45 euros

In the case between LVMH Hermes, the manager of the saddle, Patrick Thomas, said Tuesday night told AFP he was "serene" face to appeal to be lodged by the Association for the Defence of Minority Shareholders, chaired by Colette Neuville.

Iliad: -2.16% to 77.90 euros

The founder of Iliad, Xavier Niel, sold at 77 euros per share, or 1.3% of the capital provider of Internet access, which remains the largest shareholder with 62.7%.The investment has focused on 700,000 shares, totaling 53.9 million euros.

Renault must file a complaint on Wednesday

Renault: -0.34% to 49.17 euros

Renault will file a complaint Wednesday in the case of alleged industrial espionage aimed at three of its officers, after a series of interviews prior to a dismissal which took place Tuesday between management and employees in question.

Sanofi-Aventis: + 1.92% to 50.39 euros

The CEO of Sanofi-Aventis said he did not know how far he would go in its discussions on the purchase of Genzyme.For his part the General Manager of Genzyme declined to comment on his discussions with the French pharmaceutical group after the presentation of its quarterly revenue.

Technip: + 0.79% to 74.45 euros

Technip said in a statement that a consortium comprising two subsidiaries in Angola has won contracts to supply umbilicals to develop an oil field in deep waters.

Michelin: -0.70% to 53.64 euros

Analysts of the British bank, HSBC, would lower their recommendation on the title of the automotive supplier Michelin to "underweight" cons "neutral" before, according to market sources.

Wall Street starts on a note of optimism

Posted in economic, economy, money, opinions, top news by admin on January 4th, 2011 | Comments Off

The year 2010 has ended in optimism on Wall Street. Over the whole year the Dow has gained 11%, the S & P 500, 13% and the Nasdaq Composite, 17%. Friday, after a little busy meeting, Wall Street has found this wonderful year on a stable tone. The Dow Jones gained 0.07% to 11,577.51 points, however, the S & P 500 lost 0.02% to 1257.64 points and the Nasdaq fell 0.38% to 2652.87 points.

On Monday, U.S. stock markets continue their forward march.In early trade, the Dow Jones gained 0.34% to 11,617 points, the Standard & Poor's 500 advance from 0.85% to 1268 points and the Nasdaq 100 climbed 1.02% to 2680 points.

The ISM manufacturing index program

Over the last week of 2010, Wall Street was supported by a series of macroeconomic indicators of good quality, suggesting an acceleration of consumption and economic growth in the United States. The year 2011 will begin on hubcaps, with a new salvo of indicators due this week could test the optimism of the end of 2010.

The dance of these publications will begin today with the ISM manufacturing index for December 2010. Investors will also monitor this Monday in the U.S., sales of construction spending for November.

Also on this week, figures for industrial orders for November will be released Tuesday, and the next day, the ISM index on the services sector will be announced. The latter is more representative of the health of the U.S. economy as the ISM's manufacturing sector alone published Monday.

Thursday investors will learn the traditional figures of weekly claims for unemployment compensation. Friday, dropping the first estimate of net job creation in December by the Department of Labor and the unemployment rate, calculated from a survey of the workforce.

On the foreign exchange market, the euro was down against the dollar on Monday due to uncertainties still the public finances of most vulnerable countries in the euro zone as Portugal and Spain.Around 11:00 am in Paris, the euro was trading 1.3303 dollars against 1.3381 dollars on Friday night.

Facebook valued at $ 50 billion

The side of values, the investment bank Goldman Sachs has invested in community site Facebook on the basis of a valuation of $ 50 billion, said on Monday the New York Times. The value of Facebook, so far estimated at $ 42 billion, would be higher than that of groups established for much longer, like eBay, Yahoo! and Time Warner, says the newspaper, quoting sources involved in the transaction guaranteed payday loan. Goldman Sachs and an anonymous Russian investor have made some 500 million dollars to the site founded by Mark Zuckerberg.The personal wealth of the latter would end up this way doubled.

The Financial Times for his part said that the microblogging site Twitter has declined in 2008 to a takeover bid of $ 500 million social networking site Facebook.

Difficult start to the year for Apple. Some iPhone users have started 2011 with a failure alarm, the alarm function of the smartphone has been a computer problem with the change of year. According to the BBC, this anomaly has involved occasional alarms iPhone 4 and previous models of the Apple smartphone with the latest software updates. The British newspaper Daily Mail reports that thousands of people arrived late for work or missed trains or planes because of this problem.The alarm function of the iPhone had already experienced difficulties during the transition to winter time.

Google dream of a new digital kiosk

For its part, Google would work on a new digital kiosk designed for mobile devices running its Android operating system, hoping to seduce the newspapers by offering better terms than Apple, said Sunday the Wall Street Journal. Several media groups, including Time (Time Warner), Conde Nast and Hearst have already been approached by Google for this project, according to the Wall Street Journal.Furthermore, Lagardere said Friday evening is in exclusive talks until January 30, 2011 with Hearst on the sale of its flagship news magazine world.

Always on the side of values, the world's number one smart card Gemalto announced Monday it had completed the sale of its payment terminals in VeriFone U.S., the major competitor of French Ingenico. The amount of the transaction, which occurred Dec. 31, is not specified in the statement issued by Gemalto."VeriFone is a leading global payment solutions for merchants and banks side traders, and we, we are champions of payment solutions for consumers and banks that issue credit cards," says Gemalto.

For his part, Saint-Gobain announced Monday the completion of the sale of its "Advanced Ceramics" at CoorsTek U.S. group for $ 245 million, or about 200 million euros.

Also note, four insurers, including Swiss Zurich Financial Services (ZFS), will pay a total of $ 120 million (90.3 million) to settle a dispute with the State of New York concerning overpayments insurance premiums, officials said Monday.

Beijing ready to help Europe out of the crisis

Posted in Uncategorized, economy, finance, publications, special by admin on December 22nd, 2010 | Comments Off

After the International Monetary Fund, China now willing to lend a hand to the ailing euro. Vice-Premier Wang Qishan said that Beijing was ready to support the extraordinary measures for countries in trouble like Greece or Portugal, reported the Xinhua news agency and Dow Jones.

"It is in the fundamental interests of China and the EU to further strengthen their cooperation," said Deputy Prime Minister. He talked to the Competition Commissioner Joaquin Almunia, EU Trade Commissioner Karel de Gucht and the Commissioner for Economic and Monetary Olli Rehn in Sino-European dialogue on economic and trade issues.

Promises to Greece

China has already come to the aid of Europe's sick of his debts in recent months.According to market observers, it would have bought two months ago the Spanish government bonds for a hundred million. She also pledged to buy bonds when Athens Greek return on the market to raise funds. Finally, she assured Portugal that his support during a visit last month. Without specifying whether she intended to buy Treasury securities Portuguese.

"Beijing expresses support to the European Union and from the moment she made a gesture, it reinforces market confidence, regardless of the amount invested," analyst Xu Bei, an economist at Natixis guaranteed cash advance. China has the means. It must put in huge trade surpluses, accumulating at a rate of some 10 billion dollars (7.6 billion euros) per month. It places the majority of these funds in dollars, the United States, but seeks to diversify its portfolio.Today, between 20% and 30% is invested in euros, according to Xu Bei.

Help Europe, but also for China to help his main client. The EU is the leading destination for Chinese exports and the second trade partner after the United States.

To help the ailing European states, China is also investing directly in their economies. Highly publicized decision, Beijing has injected 3.4 billion euros in the port of Piraeus in 2008. Chinese direct investment surged 280% in 2009. But they still represent an average of only 3.35 billion dollars a year, a total of 50 billion invested abroad. China is not still buy in Europe.

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France beats its record electricity consumption

Posted in economic, economics, international, money, technology by admin on December 15th, 2010 | Comments Off

The cold, which hit the country since the beginning of the month, blew up the electricity meter. And so, France has set a new record for electricity use on Tuesday night at 18:45: 93,752 megawatts, according to data released by Réseau de Transport d'Electricité (RTE). The previous record for electricity consumption was dated February 11, 2010, to 93,080 megawatts.

For the day Wednesday, RTE again provides a very high consumption of 93,700 MGW to 19 hours, but below Tuesday's record despite a further obstruction. After a very cold day Tuesday, temperatures often negative, and winds of force 7 to 9 in Britain, a new disturbance will arrive on Wednesday at dawn by the coast of the Channel and North Sea. The night is announced in the frigid north, bringing in its wake a few flakes of snow and rain.The cold will persist.

Electricity consumption due to very cold

In winter, a decrease of 1 ° C in temperature causes an increase in electricity consumption of about 2,300 MW, double the consumption in the city of Marseille. Electricity consumption is closely linked to cold, due to the high equipment of the French in electric heaters. Electricity consumption reached its highest levels at night in winter, when the French go home and turn on simultaneously electric heaters and other appliances.

Faced with this demand for electricity, France has imported during peak consumption, a net balance of 4,000 megawatts of electricity on Tuesday to meet its domestic consumption, said RTE. This is well below the maximum capacity for importing electricity grid which is about 8,000 MW.Fifty-two reactors of the 58 that make up the French nuclear fleet (80% of production'électricité) were on duty Tuesday, said a spokeswoman for EDF. In a statement, the Energy Minister, Eric Besson said he had to "increase the mobilization of our production supply.

A "compact electric" State Britain

Britain, which produces only 8% of the electricity it consumes, has not experienced a blackout, but as was the case Tuesday, she is kept in orange alert by RTE on Wednesday. Consumers are advised to moderate their consumption of electricity particularly between 18h and 20h.The site is mobilizing Ecowatt Britain by calling the Britons to "moderate" consumption of electricity and help by giving advice to adopt "good gestures energy, lighting, heating, electrical equipment" on its website.

To avoid the blackout, the region concluded Tuesday with the state a "compact power" to limit the increase of electricity demand, secure its network and develop renewable energy. The "compact electric Breton" plans to halve the growth in electricity consumption Breton 2015, raising it from 2.6% per year (twice the national average) to less than 1.4% .

The Provence-Alpes-Cote d'Azur, the other fragile region in transmission of electricity, has not been warning this time.RTE source said that one is the result of investments (85 million), made to help secure the network.

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(With AFP)

Social networks exploding, and worry

Posted in money, news, people, special, world by admin on December 11th, 2010 | Comments Off

Three quarters of French people are now equipped with a home computer and Internet access. Which generates new concerns facing service quality and security of their data, the study on the diffusion of information technologies and communication of Crédoc, awarded Friday to the Minister for Industry, Energy and the Digital Economy, Eric Besson.

The number of Internet users believe that their home connection is not fast enough from 36 to 44% in two years. A figure passes the bar from 50% in rural areas. Similarly, 51% of users believe the Internet connection with a mobile phone is not fast enough. And that while the proportion of people using their mobile phones for Internet access has doubled in two years to reach 7 million.Meanwhile, nearly one in two said faces fraud related to the use of a mobile like receiving text messages inviting him to call a premium rate number.

The success of social networks, used by more than one third of the population (12 years) has its counterpart: 91% of French believe that websites should allow everyone to simply delete the personal information that has been sent . And 94% agree that government should encourage websites to "better protect the lives of everyone." Concern dear to Eric Besson, who advocates the "right to oblivion" on the Internet.

TV catch-up

Now, executives and adolescents spend more time watching Internet (17 hours per week for executives) that watching TV (11 hours) online pay day loans.But, much consolation for broadcasters, "consumption patterns accumulate more than they replace," said Crédoc. 64% of the population has three or more modes of access to television (TV, computer, decoder …). In June 2010, 15% of the population (8,000,000 people), a threefold in three years, says watching TV together.

Cause or consequence of the rise of TV on the Internet, downloading movies (or music) no longer changed since 2007, with only 14% of users engaged.It is now supplanted by streaming, that is to say, listening to music or watching movie streaming, without storing the data.

The expected development of television connected to the Internet in the coming years is expected to change rapidly its results, with the arrival of new video-on-demand or TV to catch up. "France in the coming months will accelerate its efforts to promote the information society," said Eric Besson. The deployment of the fourth 3G mobile license, the licensing of mobile fourth generation and the optical fiber will receive 2 billion euros for investments in the future. Meanwhile, 2.5 billion euros have been allocated to the call for proposals for the diversification of uses of digital technology.

The U.S. employment cools the CAC 40

Posted in events, news, special, technology, world by admin on December 3rd, 2010 | Comments Off

In the aftermath of a session sharply higher, Bourse de Paris consolidated its gains in early trading on a stable tone (-0.08% to 3744.24 points at the opening), before advancing to more offensively mid-session, 0.5% to 3760 points. But the announcement of U.S. employment figures worse than expected return has clues. The U.S. economy created only 39,000 jobs in November, more than four times less than the previous month and much less than expected, while the unemployment rate up to 9.8%, its highest level since April , according to official figures published Friday. In fact at 15 hours, the CAC 40 was down 0.4% to 3733 points.

This morning, Asian markets also evolved to levels close to their closing price yesterday. The enthusiasm of U.S. markets has not been contagious.United States, the indices ended Thursday's session on a positive note frankly.

On all financial markets, investors have welcomed the decision of the ECB to pursue buyouts of public debts, even if the institution has not specified an amount. According to traders quoted by the Financial Times, European Central Bank has implemented a comprehensive program Thursday buyback Irish and Greek in increments of 100 million euros, an amount four times higher than the previous interventions. Support for banks will also be continued until March 2011. Moreover, the boss of the ECB will meet Nicolas Sarkozy on Friday.

The euro stabilized

Chapter macro, the euro continues to rise above 1.32 to 1.3253 dollars shortly after noon. The single currency was passed back to below $ 1.30 soon after the support plan for Ireland.

Having had their eyes on Frankfurt and the ECB on Thursday that the United States as investors turn the spotlight on Friday. Besides the employment figures, will be published at 16.00 both industrial orders in the month of October and the ISM index of activity in services for the same month.

Accor, Areva and the bank will be the focus of attention

As for values, attention should turn to Accor (+0 instant credit reports.29% at 33, 39 euros), which announced Thursday the sale of 18 hotels in Sweden to a consortium of investors who continue to operate the park under the same sign, under franchise agreements.

STMicroelectronics jumped 4.15%.The broker Exane-BNP Paribas raised its rating on the title of the semiconductor manufacturer to "outperform" and has revised up by 50% its price target, saying had "erred in degrading the recommendation in September "miseant and a return of profits from Ericsson T by the fourth quarter of 2011. The title appears as the head of the largest increases in the Cac 40, before Alcatel-Lucent (2.82%) Cap Gemini (2.64%), Vinci (+2.20%) and Veolia Environment (1.47%) ranked stocks that climbed more than 1% despite sluggish dominant.

Carrefour also variation asserted, but down: the distribution group is one of the Cac 40 withdrawing so strongly (-0.99%).

The bank evolve piecemeal: Natixis yields 0.81% and 0.30% Credit Agricole loose.In contrast, BNP Paribas 1.42% advance and Societe Generale advance of 0.67%.

Areva (0.65%) will also retain the attention of investors. The French nuclear giant renegotiate the terms of its capital increase, said La Tribune. In fact, the announcement of the state participation in the operation modifies the terms of the agreement in talks for 18 months. The transaction would take place in two stages: the state and the sovereign funds of Kuwait would provide one billion euros of which 750 million from France. Then, EDF (1.07%), Alstom (+0.51%) and Mitsubishi take part in a round table industry.

Hermes International lost 7.71% but retains a gain of nearly 69% since the beginning of the year.Family shareholders were to meet Friday to consider ways to respond to the surprise entry of LVMH (+0.33%).

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Ireland inflicted an austerity plan of 15 billion euros

Posted in Uncategorized, business, economics, events, world by admin on November 25th, 2010 | Comments Off

The Irish international aid will pay a high price. The Irish government this Wednesday afternoon an austerity plan of 15 billion euros. A sine qua non for the grant aid of 85 billion euros from the European Union and the International Monetary Fund (IMF). The austerity plan spread over four years. But 40% of the effort will focus on 2011.

The austerity plan, which will last four years, will constitute two thirds of budget cuts (15 billion euros) and third (5 billion) of higher taxation. VAT will be increased from 21% to 22% by 2013 and to 23% in 2014. What raise 620 million euros, has detailed the government. On the other hand the number of taxpayers subject to income tax increase.

No question, however, touch the corporate tax of 12.5%, key competitive advantage of the Celtic Tiger."This plan reaffirms the commitment of government to maintain a 12.5% corporate tax rate. It is a cornerstone of our economic policy on the free tour company, reaffirmed by the various governments that have succeeded, "says the document released to the press.

7 billion in budget cuts

On the expenditure side, 7 billion in cuts will be completed by 2014 instant payday loan lenders. It's about reducing the deficit by 32% in 2010 to 9.1% in 2011 and 7% in 2012 and 5.5% in 2013. Ultimately, the difference between government spending and revenues should be limited to 2.8% in 2014, slightly below the European obligations.

Furthermore, social spending and health will be reduced by 2.8 and 1.4 billion euros over four years. The minimum wage will, confirmed the government reduced by one euro to 7.65 euro.

In the public sector payroll will be reduced by 1.2 billion euros by 2014. The salaries of new staff receive a salary lower than 10% compared to those already in place.

"The objectives of this plan are demanding but realistic," says the text of 160 pages detailing the austerity plan distributed to the press, who also believes that "this plan will generate confidence in the country and outside." Among economic assumptions supporting the plan, Dublin expects a growth of 2.75% per annum between 2011 and 2014.

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Fuel: return to normal scheduled Thursday

Posted in Uncategorized, events, features, finance, world by admin on November 3rd, 2010 | Comments Off

The situation in the service stations in France remained "a little tense" in some areas, but "we are in crisis" and "normalcy" is expected "Thursday", said Alexander AFP Monday Benoist, Chief Executive of the IPU.

According to the Union of independent petroleum importers (IPU), it remains "here and there" service stations that have not all products, "essentially the SP98, due to difficulties in restocking holiday Monday.

But "there will be a large number of replenishments from Tuesday," said Alexandre de Benoist, "primarily in the stations go dry.""The return to normal is scheduled for Thursday," he said.

The Department of Energy had said earlier in the day that supply the cell set up to coordinate the response of governments to the fuel shortage will continue for another week, but in a "very lean "to" monitor and thinning of the return to normal until early next week. "

The plan put in place for the long weekend of All Saints "works satisfactorily in all targeted areas: the main roads (which) have been constantly fed, and improvement in the Ile-de-France in the West Zone continues. " There remains some "occasional difficulties", recognizes the department.

The ministry said the situation is normal in over 95% of service stations in the country.

(With AFP)

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Wauquiez minimizes discomfort to employment center

Posted in Uncategorized, economic, economy, publications, technology by admin on October 26th, 2010 | Comments Off

The results of the major consultation launched by the Secretary of State for Employment Laurent Wauquiez they help to improve the image of employment center? The first results reported this weekend in the Sunday newspaper are rather mixed. If 80% of job seekers are satisfied with the compensation procedure, only 52% of them consider to be effective "services offered to help them find a job." A statement that deplored Laurent Wauquiez – "on the part towards employment, it is not so good" – even if it considers that the published results are generally positive. "A year and a half after its creation, two-thirds of jobseekers validate employment center, considering that it's easier (69%) and faster than before (67%)," he justified.

Among the only flats highlighted by the Secretary of State for Employment, include lack of information of the unemployed on their local labor market, and "the loneliness of the job seeker. In its Monday edition, the "Parisien – Aujourd'hui en France", which claims to reveal "the real numbers behind the anger of workers and the unemployed," says that each agent follows an average of just over one hundred jobseekers. But 20% of them covering more than 140 people. A figure that may reach 250 to 300 unemployed people in towns like Bobigny, St. Denis, Montreuil and La Courneuve. Consequence: only two out of three unemployed (69%) are received by a consultant after three months.

More communication by e-mail

A loneliness that can judge all the greater since the spring, the talks on the phone can substitute for face-to-face.A process that would, according to the "Parisian Today in France, responsible for an increase in radiation, a single missed call can indeed lead to this procedure. And even if it is actually the adviser employment center, overwhelmed or ill, that is the cause of the missed call. "Not only a hundred phone calls past, only one out of two successful, but when I missed someone, with 250 unemployed in the portfolio, I can not take time to remember," said one officer in the daily .

To this objection, Laurent Wauquiez, however, answer that job seekers are not waiting for a personalized visually, but rather a communication by e-mail. "Job seekers do not tell us" I want to see more of my adviser, "but at 91%," I wish I could send him mail ".He also bet on a better availability of agents, as the recovery will flow back the number of unemployed. Jobseekers agents will still take their troubles patiently.