Our correspondents in Athens and Madrid
The eurozone is trying to stem the risk of bank runs at its periphery. In Greece, where the run on windows is the most serious – aggravated by the deterioration of the bank notes by the rating agencies – the Bank of Greece has corrected the figures [...]
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Five months after the sinking of Concordia, Costa Cruises ship owner wants to turn the page by launching a new ship, the Fascinosa, luxurious building 290 meters long, up to and seventeen bridges capable of carrying 3800 passengers. Some 510 million euros have been invested to build the fleet of the fifteenth unit in [...]
In his defense, the government ensures that the global event will benefit the local economy. 1500 enterprises had shared a jackpot of € 9 billion of contracts. But experts estimate that less than 1% of GDP growth of the net gain generated by the Olympics for several years.
The major amounts invested for [...]
Following the agreement reached Wednesday between the European Commission, the European Parliament and EU member countries, the price of mobile phone calls while roaming will fall in July. In May, the European Parliament must approve the agreement which provides for a ceiling on the price per minute of voice communication "roaming", that is to [...]
The carbon tax decided by the Europeans could threaten 20% of the production of large aircraft – the A 330 and A 380 – Airbus alert Louis Welsh, CEO of EADS, the parent company of Airbus.
There are already industrial consequences that amount to retaliation. The Chinese government has frozen any decision acquisitions [...]
The oil company BP has reached an agreement Friday night with lawyers from individuals and businesses that have suffered the sinking of its Deepwater Horizon oil rig in the Gulf of Mexico in 2010. Tens of thousands of victims of the worst oil spill in history and will share $ 7.8 billion.
This [...]
Berlusconi has lost its absolute majority. With 308 votes, he won the vote on the technical budget Tuesday afternoon, but is found below the absolute majority of 316 votes. The opposition abstained from the vote, which allowed the coalition of Berlusconi to win a relative majority.
The opposition immediately demanded the resignation of [...]
After finishing stable Friday night, the U.S. equity markets again start their week under the sign of prudence. In the wake of the Asian and European stock exchanges, Wall Street ended in the red on Monday. The Dow Jones lost 2.26% to 11,955.01 points, the Nasdaq drops 1.93% to 2684.41 points and the S [...]
The tension is still as strong financial markets. The persistent differences between European and fears of recurrence of the global economy still weighed on investor sentiment.
After attempting to rebound Wednesday, the CAC 40 has dug its losses for most of the session. He finally fell 2.32% to 3084.07 points. The volumes remain [...]