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Mont Saint-Michel, La Mère Poulard and neighbors start laughing … yellow. This gem has been moult attacks, "this fairy castle planted in the sea," as admired Victor Hugo, is the subject of a heated battle. Not that of the wind, which Unesco has asked in June to stop the work, but the tourists. Especially the Japanese, the abbey historic monument fascinates. The 300,000 Japanese visitors, a total of 3 million who visit the site each year, in fact, threaten to fall back on other destinations. In question, while the work that will enable the Mount become an island is accelerating: the conditions of reception of tourists, including the starting point of the shuttle 800 meters of the future parking. The owner of a tour operator, which only works with Japanese from Paris for the day, will meet Tuesday the mayor of Mt.This is to prevent its customers, who have three hours to visit, a walk of nearly two kilometers …

The association of tour operators Japanese in Paris also wrote to 24 local elected officials, recalling that a Japanese customer spends 80 euros at Mont-Saint-Michel, and a decrease in activity of 30% would represent a loss of 7 2 million euros per year for the rock …

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"Chinese tourists will supplant the Japanese

After two sessions of gains, the Paris Stock Exchange is divided into negative territory on Friday. At the close, the CAC 40 lost no less than 3.60%, and returned to below 3000 points to 2974.59 points. All index values ​​have completed the session in the red. In its wake, London and Frankfurt show respective losses of 2.36% and 4.13%. Milan, meanwhile, lost no less than 4.93%.

Once again, the banking sector has suffered the wrath of investors. He has stepped up its losses when that Jürgen Stark, member of the Executive Board of the ECB, announced his resignation for "personal reasons" according to the statement of the ECB.The chief economist of the institution has repeatedly expressed his opposition in recent weeks to buyback of government bonds led the ECB to ease the most fragile countries in the euro area.

In addition, the statements of Christine Lagarde, under which a liquidity crisis was not to dismiss as some banks needed additional capital, also weighed on the trend. "This is the effect Lagarde. These statements primarily affect banks that are considered the least well placed in terms of capital ratios, "said one trader.

Result: Société Générale, signing by far the largest decline of the day, tumbling from 10.58% to 17.44 euros.Behind her, Crédit Agricole loose 7.77% to 5.40% euro Natixis 7.60% to 2.40 euros, BNP Paribas 7.54% to 29.80 euros and Axa 7.59% to 9.39 euros .

The opening of the G7 finance ministers and central bank governors of leading industrialized countries, on Friday afternoon in Marseille to find answers to the crisis, will not have enough to reassure the markets.

Obama's plan is not reassuring

Investors also received without enthusiasm details of the plan unveiled by the Employment Barack Obama in the night. U.S. President presented a draft law on the release of 447 billion for the Americans out of unemployment."This plan will give an electric shock to an economy that has stalled, will give confidence to businesses on the fact that if they invest and hire, there will be customers for their products and services," assured the U.S. president to members of Congress .

Clearly, the operators seem to doubt the implementation of this plan. Its funding is already generating questions from Republican opponents could block a vote. Barack Obama urged them to adopt "immediately". The U.S. president also announced that it will issue on September 19 "a deficit reduction plan more ambitious."

Similarly, investors have also not appreciated the remarks of the President of the Federal Reserve on growth and employment on Thursday night.The Fed "will do everything it can to participate in the return of growth and employment rates," said its chairman Ben Bernanke, minimizing inflation fears. This speech, however, feeds the assumption of a new effort of quantitative easing, which could be announced at the next meeting of the Monetary Policy Committee of the Fed, scheduled for September 20 and 21.

Inflation slows in China

Also on the macroeconomic front, Japan has this morning reported a decline of 2.1% of GDP in the second quarter 2011 annualized. This is more than the 1.3% decline initially estimated. The main factor weighing on GDP has been the decline in exports (-4.9% from January to March).

In China, rising consumer prices, the main barometer of inflation, which had accelerated in recent months, slowed slightly to 6.2% in August.Industrial production is she up 13.5% in August.

In France, industrial production rebounded 1.5% in July after a decline of similar magnitude in June, show statistics released Friday by INSEE. The budget deficit of the French government fell in late July to 86.6 billion euros, against 93.1 billion euros a year earlier, thanks to lower costs, said Friday the Department of Budget .

United States, wholesale inventories reached a record high in July, rising 0.8% to 462.4 billion dollars, an unprecedented amount, in accordance with market expectations.

As for currencies, the euro Friday pressed below the $ 1.37 for the first time since late February, weighed down by concerns about increasing the economic health of the euro area and the global economic recovery.At the close, the European currency fell to 1.348 dollar (-1.70%), its lowest level since Feb. 23. For its part, the oil appears also down, despite a surprise drop in U.S. inventories. A barrel of "light sweet crude" for October delivery trading at 86.65 dollars, down 2.70%.

Values ​​to follow

• TF1 (-7.20% to 9.54 euros), M6 (-6.51% to 13.29 euros) Bolloré (3.37% to 161 euros), Vivendi (-0.25% at 16 , 05 euros); NextRadioTV (-0.39% to 10.10 euros)

Chains react in a disorganized to take control of Direct 8 Direct and Star, two DTT channels free of the Bolloré Group, Canal +. The subsidiary of Vivendi will have three DTT frequencies. Be as much as TF1 and M6 more than the group which, in addition to the namesake chain, has only W9.For this operation, fully financed by shares, a stake Bolloré group Vivendi.

• Total (-2.47% to 32.83 euros)

The Anglo-Dutch oil group Shell said Friday that oil was discovered off the coast of French Guiana, during exploratory drilling at about 150 km off the coast.

• Sopra (0.69% to 45 euros)

The group announced the takeover of Delta, specialized in banking software.The transaction is expected to close in early October 2011, will be financed from existing credit lines of business consulting, IT services and software.

• Pierre & Vacances (-4.71% to 37.19 euros)

The group, which operates much of the accommodation ski resorts, opened 369 new tourist residences furnished this winter.

• ArcelorMittal (-7.49% to 13.02 euros)

The group will close as of October 3 for an indefinite period and the second blast furnace at its site in Florange (Moselle), according to a union source quoted by AFP.

• EADS (-1.34% to 21.35 euros)

The group said on Thursday not want to use all of its $ 16 billion (11.45 billion euros) in cash for acquisitions.

The Paris Bourse on Wednesday will try to stop his downward series. The CAC 40 closed yesterday on a third round of consecutive decline, the lowest of the year and still under 3000 points. This time, to consolidate their recovery, operators should rely on the good mood of the Asian markets who have chosen to embark on a bargain hunting.

Closing slightly lower on Wall Street should also reassure the markets. The New York Stock Exchange, which remained very cautious, however, has not panicked by the announcement of a good non-manufacturing ISM index. All good news about the health of the U.S. economy are highly valued in a context of fear of a recession in America. As such, investors are waiting to know the details of the Fed's Beige Book, which will be announced tonight.Tomorrow, Thursday, will also be a crucial day in Congress with the speech of President Barack Obama on employment. The CNN already believes that it will propose to spend $ 300 billion to new posts. These new expenditures should be fully offset by budget cuts.

Germany at the center of attention

Side the euro area, all eyes turned to the German Constitutional Court which shall decide on Wednesday on the legality of the financial contribution of Berlin plans to help Europe. The observers could never imagine, however, that the Court considers illegal contributions already provided by Berlin, which would cause a cataclysm in the euro area. Chancellor Angela Merkel plans to comment on the decision of the Court in a speech to the Bundestag in the morning.

The European Commission has also expressed his relief after Tuesday night's decision by the Italian Government's plan to strengthen budgetary discipline, while financial markets doubted the real will of Rome to reduce its deficit. For its part, the Spanish Prime Minister Jose Luis Rodriguez Zapatero, acknowledged Tuesday the difficult economic situation, highlighting the problem of Greece, and "tensions" in the markets, but said that Spain 's will not need help.

The single currency was this morning up 0.34% to 1.4055 dollar. It is particularly supported by the decision of the Swiss National Bank (SNB) to set a floor price of 1.20 francs per euro.Oil side, in the early electronic trading, a barrel of "light sweet crude" for delivery in October gained 51 cents to 86.53 dollars per barrel of Brent North Sea crude for October delivery 39 cents to 113.28 dollars .

Values ​​to follow on Wednesday

• Banking

Countries in the euro area have no plans for financial support to banks beyond and above what was planned for the financial sector rescue packages in Greece, Ireland and Portugal, have sources said Tuesday the euro area. For its part, Greece wants to extend the powers of its central bank to strengthen bank supervision, hoping to put the sector in the shelter of a worsening debt crisis, according to a bill presented Tuesday.

• Air France-KLM

The company reported passenger traffic up 7.6% in August, a load factor of 85.7% on the month and stability of cargo traffic (-0.2%) with capacity up 2.8%.

• Pernod Ricard

The group said they did not consider major strategic acquisitions before next summer at least.

• Scor

The reinsurer expects to achieve a volume of gross written premiums, equivalent to sales of 10 billion euros in 2013, against 6.7 billion in 2010, according to a statement posted Wednesday on the occasion of a day devoted investors.

• Sodexo

The group, a global leader in catering, has announced the acquisition of Puras do Brasil, Brazil's number two industry, in a statement.With this self-financed operation, Sodexo will become number one in Brazil, a rapidly growing market where Puras do Brasil realizes a turnover of half a billion euros.

• Valeo

The group announced its intention to repurchase up to 670,000 of its shares to a maximum of 22.5 million euros in connection with operations authorized by the General Assembly in June These shares will be allocated for the implementation of any plan of options to purchase shares in the allocation of shares in respect of participation or implementation of any company savings plan.

• Biomérieux

The group released a consolidated net profit up 3.7% to 75 million euros in the first half and said forecast for 2011 organic growth in sales of around 5%, against a previous target of +5% or + 6%, in a context of weak European economy and the U.S..

• Boiron

The specialist in homeopathy said the uncertainties in the economic environment for caution in its annual outlook after a deuixème trimesre marked by a 3.3% decline in sales. This decline in activity, combined with an increase in personnel costs and a continued investment in advertising, led to a fall of 92.5% of operating profit in the first half of the year.

• Transgene

The specialist therapeutic vaccines has announced a net loss dug to 17.7 million in the first half, against -14.5 million a year earlier, but said he expected a second part of a year rich in results and starting clinical trials.

At the time of the near-victory against the Gaddafi regime, France officially unveils the treasures accumulated by the Libyan dictator in France. The Elysee Palace announced on Wednesday that 7.6 billion euros of assets had been frozen since the European decision to this effect from 21 March. Initially, Paris has requested authorization from the UN to release 1.5 billion euros by the end of the week. This is to meet the emergency needs of the rebels of the National Transition, said the president.

The request of France aims to prepare the international conference on the future of Libya after the fall of the regime of Muammar Gaddafi. The question of a thaw in Libyan assets will be the focus of discussion. The financial stakes are considerable: the Gaddafi regime has accumulated through the sale of oil and gas, about $ 200 billion worldwide.Among others, the United States had announced in late February, have frozen $ 30 billion, the Bank of England 13.587 billion dollars.

The Security Council authorized the UN London Tuesday to release $ 1.6 billion in frozen Libyan assets to provide humanitarian aid to Tripoli. The UN has also agreed Thursday to release $ 1.5 billion of assets invested in U.S. banks. Germany still waits for its green light to unlock the Council about a billion of Libyan assets frozen and Canada intends to thaw $ 2 billion (1.38 billion euros). The Italian government has already promised to thaw a first tranche of 350 million euros.

The CNT eye on the jackpot for any rebuilding, put the country back in working order pay day advance."Our success will depend on the release of frozen funds" abroad, called Mahmoud Jibril, the number two of the rebels on Friday in Istanbul. "The battle of the reconstruction will be even more intense" than the war, he warned before. The transition looks perilous time and the payment of salaries of civil servants would prevent a resurgence of stabilization.

Disappearance of 25% of funds in three months

To this day, and unlike most other European countries, Paris refused to disclose that it had frozen Libyan petrodollars. However, statistics from the Bank of France, limited to transactions between banks between the two countries, indicated that at December 31, 2010, French banks harbored 8.23 ​​billion dollars (5.84 billion euros).Mysteriously, this amount has shrunk from 25% in 3 months (-2.1 billion, or $ 1.45 billion), while the wind of revolution blowing in the Arab world and earned Libya.

Impossible, from these statistics alone, to know where these billions have evaporated. It could be, as explained a French officer in April, a "reorganization perimeter" in the very opaque investment fund public Libyan LIA. Or capital flight, as was increasing international pressure on the Libyan regime, squeezed by the Tunisian and Egyptian revolutions.

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"Libya: $ 8 billion in French banks

Degradation by the Moody's rating of Japan, expected by market participants, since the rating agency announced last May that it might lower the note by the country, did not seem unduly disturbed the Cac 40 .Despite a trend rather soft on Wall Street, the Paris index, after opening up 0.99% to 3114.98 points, just lowered its mid-term gains (0.69% to 3105.56 points) before returning frankly on the rise in the early afternoon, to close up 1.79% to 3139.55 points.

At the London Stock Exchange, the FTSE-100 took 1.49% to 5205.85 points, while the Dax-30 from the Frankfurt Stock Exchange gained 2.69% to more openly 5681.08 points.

Investors wanted to be optimistic, pending the announcement by the government, scheduled for 18 hours, a series of measures to reduce France's deficit of ten billion more.

In addition, the United States, the macroeconomic data of the day were quite positive, contributing significantly to support the trend in the second half of the session.According to the U.S. Department of Commerce, orders for durable goods across the Atlantic rose more than expected last month. (+4% Over the month, against a 2.5% increase expected by analysts).

A little later, the Congressional Budget Office (CBO) revised its outlook on the U.S. budget deficit. According to this independent body, the budget deficit expected to fall to 8.5% of GDP this year and 6.2% in 2012, when the Bureau so far provided a deterioration of public finances for 2011. Finally, the CBO expects a growth of U.S. national wealth by 2.3% this year and 2.7% in 2012.

However, for the euro area, orders were down in June (-0.7%) after a sharp rise the previous month, according to data from the EU statistics office Eurostat (0.5% expected by analysts).In May, they had jumped 3.6%, driven notably by the orders of capital goods, following a 0.3% decline in April.

On the currency market, the euro remains stable against the dollar. To 17 hours, the European currency was worth 1.4406 dollars against 1.4436 dollars late Tuesday.

The cyclical resume, L'Oreal, the largest decline Cac 40

Oil prices were up on their side at the same time, with Brent who was close to 110 dollars a barrel because of uncertainty about the situation in Libya. A barrel of Brent North Sea crude for October delivery gained 50 cents to 109.81 dollars, while a barrel of "light sweet crude" for delivery in October has appreciated by 81 cents to 86 totally free credit score.25 dollars on the New York Mercantile Exchange to 18 cents. A trend reinforced by the publication in mid-afternoon to the unexpected drop in U.S. crude oil reserves.

Values ​​cars, battered in recent sessions, repeat colors Wednesday. Renault leads increases the Cac 40 mid-term, and accounted for 3.29% to 25.55 euros. Michelin climbed 2.12% to 46.53 euros.

However, Total, which should benefit from the outcome of the conflict of Libya, was much increased in recent days.It yields 0.65% to 32.87 euros on Wednesday in mid-session on profit taking.

L'Oreal also declined, from 2.04% to 78.22 euros, the biggest drop CAC 40.

ArcelorMittal: 2.82% to 13.86 euros

In Australia, Macarthur Coal said it continued to seek a white knight to counter the hostile bid from ArcelorMittal and Peabody Energy.

Iliad: + 1.14% to 82.45 euros

A subsidiary of Iliad, Free, filed an appeal with the State Council on the conditions for the government of 4G mobile phone licenses, according to Le Figaro.

Accor: + 1.95% to 23.56 euros

The hotel group has published on Wednesday operating profit rose by 27.5% to 199 million euros in the first half.Accor has also returned to earnings, its net profit amounting to 41 million euros in the first half against a loss of 15 million last year over the same period.

STMicroelectronics: + 2.07% to 4.3 euros

Fitch has downgraded the long-term European manufacturer of semiconductors "A" to "BBB +" with perspective, particularly because of the weakness and lack of profitability ST Ericsson, a joint venture with Ericsson specializes in chips for son-free communication.

In the wake of STMicroelectronics, Alcatel-Lucent is 2.22% to 2.44 euros.

Eurotunnel: -0.51% to 6.03 euros

Eurotunnel said it had suspended the booking of tickets for passengers on the weekend of August 27 and 28, one of the most responsible for the cross-Channel traffic after the filing of a notice of indefinite strike by several unions.

Sanofi: -0.15% to 49.87 euros

Aventis Pharma, Indian subsidiary of Sanofi, confirmed the purchase of business without a prescription Universal Medicare, a non Indian pharmaceutical side. The title was won

The figures were eagerly awaited by the markets. While the U.S. Department of Commerce announced that day that household spending had declined in June for the first time since September 2009, Chrysler, General Motors (GM) and Ford reveal a jump in sales in July.

The prize for the largest increase returns to Chrysler, which recorded an increase in sales of new cars by 20% last month. Chrysler, owned up to 53.5% by Fiat, said it sold 112,026 units, particularly the Jeep. "In a still very difficult, we make our best sales performance in over three years, welcomes Reid Bigland, head of U.S. sales."I think this figure is the ultimate illustration of the progress we have made to our products in terms of economy of oil, quality and design."

Behind Chrysler, Ford announced a 9% increase in sales of new cars on American soil in July to 180,865 units. "We are pleased to see a stronger pace of car sales, with a continued demand from consumers for our fuel efficient cars, our trucks and trucks," said Ken Czubay, head of U.S. sales USA.

The number one market, General Motors, he, reported a 7 saving account payday loan.6% increase in sales last month to 214,915 new cars sold against 199,692 a year ago. Up to the manufacturer to strong sales of Chevrolet, one of its brands, and the resilience of its new models.

The recovery remains fragile

Despite these results, analysts remain skeptical. These sales figures are in line with expectations and manufacturers are affected by cons-productive effects of higher prices to consumers still reluctant to spend.

The consensus then averaged over U.S. car market at an annualized rate of 11.8 million cars in July. A level below the rate of more than 13 million that prevailed earlier this year. Confident, GM, him, reiterated its forecast of a U.S. auto market between 13 and 13.5 million units. But his optimism is not enough to convince investors on Wall Street. GM shares lost 3.71% to 27.03 dollars a barrel in a market down by 2.19%. Following the same movement, as Ford unscrewed from 4.13% to 11.84 dollars.

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The support is not official, but the formula leaves little room for doubt. The U.S. treasury secretary, Timothy Geithner, "believes that the experience and solid leadership skills of the Minister Lagarde make her an exceptionally gifted candidate for the general direction of the IMF." In the race to succeed Dominique Strauss-Kahn to head the institution, is a way for Washington to support the European rather than his rival Mexican Agustin Carstens.

This statement therefore encourage what Christine Lagarde who must, on Thursday, passing his oral exam before the Board of the IMF. She must convince the 24 members it is the most capable of governing the IMF in the current turmoil. Agustin Carstens, he led his interview Tuesday.

The Mexican Fund for an impartial

During this session, had said Monday the institution, "each candidate will present his views on issues facing the Fund and its member states, and administrators will be able to interact with the candidates." Mexicans called for an increased IMF resources permanent, impartial, representing more emerging economies on its board of directors.

Christine Lagarde was in turn focus his presentation on an IMF "responsive, cooperative, legitimate and fair." So far, she expressed hostility to a restructuring of the Greek debt. When asked whether she was confident before the interview, the French Minister exclaimed: "Forever!".

Two shadows loom, however, about his candidacy. First, the case Tapie, who has rebounded earlier this week, and the Greek crisis.Brazil has indicated, through his representative at the IMF, Paulo Nogueira Batista, he expected the future Director to hold a position of severe vis-à-vis Greece: "We need strong action to obtain from Athens, and a clear financial commitment on the part of the euro area. A general statement is inadequate. " A position held since the beginning of his campaign by Agustin Carstens, who says he even opened a debt restructuring if necessary.

Preordained

For many observers, however, the game is a foregone conclusion for Christine Lagarde. "The French Minister on course to win," and headlined the Wall Street Journal on Thursday morning. She enjoys the strong support from almost all European countries, over 15% of the vote.One member of the board should, however, provide support to Agustin Carstens: Mexican director representing Spain and Latin America, 4.7% of the vote. Brazil has not made clear in his favor.

The decision should ultimately be taken on the basis of consensus, not wanting the institution or place one of its member countries is at odds vis-à-vis a future director or humiliate an unsuccessful candidate. The outcome of the deliberations is expected Tuesday at the earliest, and June 30 at the latest.

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Encouraging indicators supported the U.S. stock indices and overshadowed the disappointing results posted by Google and Bank of America.

According to government statistics, the underlying inflation remained contained in March, while the monthly survey from the University of Michigan and Thomson Reuters has shown that consumer morale rose more than expected in April.

"I am surprised that the market will continue as well, after Google and Bank of America," said Randall Warren Warren Financial Services, "but the world is happy with the figures for consumer prices."

The Dow Jones gained 0.46%, 56.68 points to 12,341.83, the S & P 500, very popular with fund managers, took 5.16 points, 0.39%, to 1319.68 . As for the Nasdaq, it was up 0.16%, 4.43 points at 2764.65.

For the week, the Dow fell 0.3%, the S & P 500 and Nasdaq 0.6%.

The announcement of results from Google, after-hours trading Thursday, has frightened investors due to a sharp increase in spending group in the first quarter. The jump in sales over the same period could not allay their fears and the stock closed on a fall of 8.23% to 530.70 dollars.

However Bank of America, which released before the opening, shows a decrease of 2.26% to 12.81 dollars.

Consumer prices, wages and industrial production …

The macroeconomic agenda was charged Friday: while being held in Washington, the second G20 meeting, where finance ministers debate the raw materials and global economic disorder, indicators released Friday were more reassuring, particularly with respect for inflation, current concern for markets.The consumer prices in the United States have maintained their strong growth in March, but according to the forecast of analysts. Excluding food and energy, inflation is called base stood at 0.1% in March compared to the previous month. The index of consumer prices grew 2.7% year on year. "Inflation remains moderate in the U.S.," commented Kimberly Dubord, from Briefing.com.

On the currency side, the dollar went back against the euro, the single currency bending under the weight of persistent speculation about a restructuring of the Greek debt. About 11:00 am in Paris, the euro bought 1.4448 dollars against 1.4488 dollars on Thursday night.Monday and Wednesday, the European single currency reached 1.4520 dollars, its highest since Jan. 14, 2010.

The financial sector heckled

As for values, the financial sector was the most penalized this week after an accumulation of bad news on Wednesday, the publication of JPMorgan Chase was a disappointment, especially, said Christian Parisot at Aurel BGC, because of "low increase the distribution of credit in the quarter and the poor performance of retail banking scandal affected by foreclosures. "

Other disturbing news has accumulated: the cost of foreclosures looks up sharply. GoldmanSachs downgraded the sector of U.S. banks. And, according to the Wall Street Journal, U.S. authorities are investigating the manipulation by the big banks during the crisis.Meanwhile, a Senate report has already questioned the functioning of the financial system in 2008. "From 2006-2007, Goldman Sachs has sold some CDOs to investors in Europe and Asia because those instruments could not find takers in the U.S. market," analysts summarize Aurel BGC.

Bank of America and Mattel to menu

It is in this tense environment that Bank of America filed this Friday its first quarter results. The largest U.S. bank by assets, posted a profit of $ 1.7 billion for the first quarter, down 39% over a year and below expectations, continuing to suffer from the mortgage and legal fees high.

Mattel also sacrificed in the exercise.The U.S. toy maker Mattel saw its net profit by 33% melting in the first quarter to 16.6 million, due to higher administrative costs and overhead, but the result is in line with market expectations. The stock gained 4.12% to 26.80 dollars.

The Paris markets should not take any chances Monday. In Paris as elsewhere, investors will try to make a first point on the Japanese situation, one month to the day after the disaster that has ravaged the north-east. Reassuring news fell on the nuclear situation: According to government spokesman Yukio Edano, "the risk that the situation at the nuclear power is deteriorating and it leads to a new major radiation leak was significantly reduced. " In Asia this morning, markets have however not given clear signals.

Side indicator, the day promises to be particularly quiet, calendar, industrial production in February in France.The rest of the week will be loaded with particular current accounts in France and the German ZEW index Tuesday, the Fed's Beige Book on Wednesday, the weekly jobless claims in the U.S. on Thursday and the index of U.S. consumer sentiment Friday.

Markets await especially forward to the start of the dance publications of quarterly results in the United States. As usual, Alcoa will begin the festivities this evening.

As for currencies, the euro appears small decline in morning trading at 1.4459 dollar. Same thing for oil, hit by profit taking after sharp gains last week.A barrel of light sweet crude for May delivery yielded 36 cents to 112.43 dollars while that of Brent North Sea crude for May delivery lost 83 cents to 125.82 dollars.

Values ​​to follow

Renault

The board of directors of the group will try Monday to see more clearly in the wrong spying scandal at a special meeting and will try to establish the responsibilities of everyone in this fiasco.

Saffron

The Central Directorate of Internal Intelligence (DCRI) investigation on suspicion of spying for Turbomeca, a subsidiary of Safran including computer networks have been "looted" for several months.

NYSE Euronext

The board of directors of the transatlantic exchange operator yesterday rejected unanimously the offer of participation of $ 11.3 billion made by Nasdaq, coupled with Intercontinental Exchange (ICE).

EDF and EDF Energies Nouvelles

The listing of both Kingbird, who was suspended Friday after the announcement of a takeover offer from EDF on the 50% stake in its subsidiary EDF EN it does not already own, resumes today.

EDF also requested that the EPR reactor being built at Flamanville is considered "priority" as part of the audit of nuclear safety in France, said the Nuclear Safety Authority.

United States, the commission (NRC) has denied Unistar, owned by EDF, a license to build a new reactor at Calvert Cliffs Nuclear Power Plant.

Carrefour

The walkouts on Saturday in favor of wage increases were a success according to the unions, who speak highly mobilized. The strike rate ranged from 30 to 85%.Negotiations will resume Wednesday.

Sanofi-Aventis

The group said Friday night that completed the acquisition of Genzyme after the reopening of its bid and said the U.S. biotech is now a subsidiary that holds all.

Total and GDF Suez

The French government has decided to ban the exploitation of shale gas and the repeal of licenses already granted.

Areva

The group bought for 1.62 billion euros from Siemens in the joint venture Areva NP, paving the way for a merger between Siemens and the Russian Rosatom, said on Sunday the German newspaper Die Welt.

Nuclear, taxes, competitiveness, reform of the eurozone. Prime Minister Francois Fillon has outlined his vision of Franco-German couple in a double interview with the weekly new plant and Wirtschaftwoche. "We need more coordination and coherence between us, Germans and French, he says. We must encourage convergence (…), without any goal of fusion (…). We have launched an exercise of such taxation. We wish to extend to all aspects of competitiveness. "

Nuclear. France does not follow Angela Merkel's desire to abandon nuclear energy, has made it clear lines between the Prime Minister. Fukushima disaster "raises a debate on nuclear policy," he acknowledges. "We must learn all the lessons to enhance the safety of our park."

Taxation.The example of rapprochement between Paris and Berlin tax should be extended to the entire euro area, defended the prime minister. The Pact for the euro, adopted March 11, said he provides "a real commitment to fiscal coordination" in order to end the "harmful tax practices of certain states." But not to the point of "having a single tax," he says.

Competitiveness. In addition to taxes, Francois Fillon wants to follow the example of German industry. "The industrial competitiveness of Germany is a chance for Europe", he explains. His goal? Make French industry "as competitive as German industry."

Purchasing power. During the last decade, the Germans have made great efforts, particularly in wages, to be more competitive.The Franco-German rapprochement does not mean that the French will make the same sacrifices, has implied François Fillon: "Despite the crisis, we have ensured that the purchasing power is constantly evolving and it will still be the case in 2011 .

Public finances. No question of raising taxes to restore fiscal balance. It should rather decrease spending, repeated the prime minister. Asked about the VAT increase, he said that "the current environment of rising inflation does not lend itself entirely to an increase in VAT. Priority is given to reducing tax loopholes.

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