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Archive for 'Europe Market'

Small rebound in the Paris Bourse after the decline of the day

The Paris Bourse, like the European markets, rebounded in early trading Tuesday after a drop of 2.35% caused by the decision by Standard & Poor’s move to the negative view of the “AAA” rating United States. Around 9:20, the CAC 40 advanced 0.52% to 3901.53 points. EDF (4.58%)) has signed the largest increase in the [...]

Societe Generale in the spotlight again! another failure?

The daily Liberation, comes this Monday, 27/4/2009, in its columns, to relate “new Kerviel affair” and the bank Societe Generale could still save between 5 and 10 billion euros, more losses, because it would make the investment risky! This was after the losses incurred in the case of trader Jerome Kerviel, who had already cost [...]

Livret A rate of 1.75%, from 1 May 2009

The remuneration of the Livret A, will undergo its second decline this year to 1 May 2009, the rate has now risen 2.5% to 1.75%, recall that the rate had already passed in February 2009, 4% to 2.5%. This decline has been recommended by Christian Noyer, Governor of the Bank of France. This decrease of [...]

Apparently the 0% loan, would have much success

Apparently the 0% loan, would have much success. This has just been announced, the Minister of Ecology and Sustainable Development, Jean-Louis Borloo. In fact, it welcomes this success, stating, I quote, “10,000 + loan were awarded in two month, “and it will generate” 600,000 jobs “, the Grenelle Environment Forum. The Minister also said he [...]

EDF wants to increase its rates by 20%

EDF, as we know has just completed a loan from individuals, it has raised 3.2 billion euros, it was announced that President and CEO, EDF Pierre Gadonneix. This loan, 5 years old, has been realized from the sale of bonds, 1,000 euros each, and these obligations should yield a fixed annual interest rate of 4.5% [...]