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The world's leading consumer is again in top form. The annual accounts ended June should show an increase in turnover of 5% over last year, when sales reached 78.9 billion dollars. Bob McDonald, who took over the group in the middle of the crisis in July 2009, was last week in France for his first visit since taking office. This former military academy at West Point, who spent five years in the U.S. Army before joining Procter in 1980, his book Figaro battle plan to win every year 200 million new consumers.

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In Athens

It is now the strongman of the government just revamped George Papandreou: Evangelos Venizelos. Imposing, talkative and impulsive, professor of constitutional law of 54 years did not mince his words when entering his new office as Minister of Finance: "I left the Department of Defense to enter a war", has he said. And for good reason, this war is that of the economy. He is determined to carry out reforms and has a good chance to convince members to vote in favor of the second austerity plan on 28 June. Observers say it is the ideal person to mitigate the discontent within the party.

The entire political class recognizes Evangelos Venizelos his intelligence and his status as a pillar of the new government.Gathering his majority was a priority to calm the ardor of the critics of the Greek Prime Minister.

But for some experts, this man from northern Greece be too wet to agree with the Europeans. "It is the one who said the Council of Ministers last week, the country was under occupation administration. How Brussels will trust him? "Assen there be in the ranks of the Conservative opposition. For political analyst Giorgos Kirtsos, "Evangelos Venizelos wants to be Prime Minister. It has a very social discourse and is highly regarded by the barons of the press. He will use his gift as an orator to get the reforms in the population, "said he. "When he was at the Ministry of Development, he has managed the beginning of the privatization of the Greek electricity utility by arranging their own way.Now, decisions are more difficult, especially since it's not a reformer, "says Giorgos Kirtsos. The new "czar of the economy" as it is called the Greek press has an agenda of the busiest on the European stage. He will travel to the meetings of the Eurogroup and has make a difference with his predecessor, Giorgos Papaconstantinou, became Minister of the Environment.

Control social discontent

According to Petros Doukas, an economist and former Greek finance minister, Evangelos Venizelos must quickly make proposals to the Europeans to save the country from bankruptcy. This could be a takeover of the Greek debt, "which currently is sold off at least 40% on the secondary market," said he. "Once acquired, they can erase part of our debt and other loan us again as a loan at 4% for twenty-five years.This is the ideal model for the second funding of 100 billion euros, "explains the former Conservative minister.

Meanwhile, Evangelos Venizelos will also control the rising social discontent in the country, especially as the indignant and unions are willing to take it a turf war without thank you. Rallies and demonstrations are scheduled from Sunday until Friday next European Council.

On Wall Street, futures contracts on the index set are on the downside, the Dow Jones future lost 0.25% and the S & P 500 future bending of 0.33%. The opening of the session should be marked by a decline after the wrong numbers of job creation in the private sector in the U.S. in May, published yesterday by the firm ADP. These statistics had already weighed on the Dow Jones yesterday, which had thus ended down 0.34% to 12,248.55 points.

Among the statistics to follow this Friday, the unemployment rate in the United States in May is forecast at 8.9%, a slight drop of 0.10 point compared to the previous month. Moreover, employment in agriculture in May should show a marked decline from its April level.Economists expect about 125,000 to 150,000 jobs reported last month, against 244,000 in April.

The Fed does not intend to undertake new measures to boost the economy, according to Richard Fisher, one of its members. In an interview with the Wall Street Journal this morning, the president of the Dallas Federal Reserve believes that "the Fed has done its job" and that if necessary additional stimulus measures, "they must come from elsewhere" .

The U.S. Treasury will sell the 6% that still holds in Chrysler to Fiat. The Italian will thus hold a majority stake in U.S. manufacturer. And the state will pocket U.S. $ 560 million.

Short-term domestic concerns will not prevent operators to remain vigilant regarding the conditions for aid to Greece as part of a new plan, unveiled in principle this afternoon personal business card.

Wal-Mart, Walgreen's and VeriFone to follow

As for values ​​to be followed, one eye will be kept open on Wal-Mart, which holds its annual investor day.

The good results published yesterday by VeriFone Systems should provide a nice progression of the title. The figures exceeded the consensus.

Walgreen announced today, before opening on Wall Street, the level of its sales in May: they rose 7% to 6.08 billion, up 5.6% on a comparable basis.Remember that the title had been boosted on Wednesday by a recommendation by UBS improved, which initiated coverage on the purchase of the title, with a price target of $ 51.

Chevron announced late yesterday that four people died in the explosion of one of its refineries in Pembroke. A fifth victim was hospitalized in serious condition.

relaxation on raw materials

As for raw materials, the pressure falls. In this sector, investors await OPEC meeting next Wednesday, which could lead to a decision by the organization to increase its oil production. Despite the many demands and frequent recently, OPEC had refused to put the issue of increased production in its agenda, and has been for four years.The markets will also tend ear to New York, where the French agriculture minister, Bruno Le Maire, must comment on speculation in commodities, at 18 pm (Paris time).

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Let say, and especially nothing to show. The Economy Minister, Christine Lagarde, is gradually converge to European support for his name to be the candidate of the Old Continent to the IMF management. Germany has not said anything officially, but if Nicolas Sarkozy presents his economy minister, Berlin's support says it in Germany.

The French may also receive other support weight this afternoon: the head of state held talks with British Prime Minister, David Cameron, and it could send a positive signal by this evening.

The strategy of the Elysee has evolved over the last few hours. Paris does not want to appear as the maneuver on this issue, as the image of France has been tarnished by the DSK case. We simply observe and thus encourage sub hand movements favor Christine Lagarde.

Especially, the executive is awaiting the outcome of the preliminary inquiry about the case Tapie conducted by the Court of Justice of the Republic, which is expected to fall by 4 to 6 weeks. This fits perfectly well with the international agenda: the G8 meeting next week in Deauville, under French presidency could send a first signal for a European candidate, the EU summit on June 23 and 24 could be an opportunity for Europe to appoint their candidate. Christine Lagarde has five more weeks to wait before knowing his fate: Washington or the Court of Justice of the Republic?

For the second consecutive year, neither the first nor May 8 to do the bridge in 2011! Labor Day and the commemoration of the armistice of 1945 had fallen on Saturdays last year and this time it's a Sunday.

The timing, thus depriving the French of long weekends or days off, he is at least good for growth? "Sure, in theory, the more days worked, the more activity, purchases, consumption, etc.. There is an effect on the raw data, "said Vladimir Passeron, Division Chief of the quarterly to the INSEE. In fact, France will work more during the month of May, which did not include bank holiday week, the production system will run more than a year so classic.

But it will not be visible in the figures for second quarter growth to be published this summer.Because the National Institute of Statistics and Economic Studies anticipates and smooth the data "in the discipline of working days" and structural effects, says the expert.

Three Saturdays worth a weekday

This correction is not performed when calculating annual growth. Therefore, the sum of the quarterly is not equivalent to the annual accounts! However, it should not be a macroeconomic impact on GDP 2011, relative to GDP 2010. Last year there were 254 days of the week (Monday-Friday) working, there will be only 253 this year. But if the May 1, 8 May 2011 and Christmas fall on a Sunday, the holiday fell on a Saturday in 2010. Gold worked three Saturdays "compensate" a weekday break, says a study by the INSEE.

The timetable "should not impact the annual growth between 2010 and 2011," concludes INSEE.At best, it would have a positive impact of 0.06 percentage point of GDP, at worst a negative point of 0.06. Only the thickness of the line!

Nevertheless, there are years when the holidays can impact less significant. "The growth differential can be up to 1 tenth of a point or more, is Nicolas Bouzou, economist at Asterès. We also know that the years with few working days result in distributional effects across sectors, to the detriment of the industry by example and benefit from tourism. "That will not happen this year.

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Bring together public and private hospitals: it is long and complex, but it can and it can be to the benefit of patients and public finance!

This shows that attempt to Nicolas Sarkozy on Thursday in the Seine-et-Marne. It will include projects in two cities: Fontainebleau, where he is, and her neighbor Melun. This second draft was presented by the Regional Health Agency (LRA) as the largest structure in future public-private hospital in France (850 beds, 85,000 square meters, about 2200 employees). It will bring on a site whose construction must take place from 2012 to 2015, three clinics in the city, merged, and its hospital. Its genesis shows how the reconstruction hospital has become indispensable in this pool of 350,000 inhabitants, as in many others.

"The rate of leakage of patients to Paris or the inner suburbs, 60 km away, reached 50%.It is difficult for families and this complicates the monitoring of patients after hospitalization, said Claude Evin, CEO of LRA Ile-de-France. In addition, surgery, continuity of care was discontinued at night, not having enough doctors in each facility and will be re-assured with the combination. "The project is not only to collect geographically existing facilities. The activity will be pooled (laundry, catering …) or shared: the public emergency, obstetrics, psychiatry or geriatrics, in private surgery.

The kind of cutting, which usually makes them howl unions to "privatize" or "the case of public service." "The medical project was approved unanimously by the representatives of each medical institution, says Andree Barreteau, director of health care provision of the LRA payday loans online.Unions in the hospital, including the CGT, not opposed. They are pragmatic and realize that without this, the reduced activity of the hospital in Melun will continue. "

176 million invested

"It's normal that there is reluctance in both directions, when people have never worked together. But working with the private sector do not sell themselves to the devil, in our case is rather fortifying "abounds Valletoux Frederick, Mayor of Fontainebleau. Background, again, high leakage rate, with a hospital centennial, the town has made the same choice (together his hospital and clinic), at a smaller scale. Objective: an opening in 2015, a project launched in 2005.

At Melun, the LRA has secured commitments of Liberals surgeons to maintain at least 60% of their activity without excess fees.Last point: if the old public-private project, which has had several incarnations, should finally see the day, it's probably also because of the shareholding is made up of relevant clinical physicians. Chains of clinics held by financial investors tend to reorganize their business between private schools they have.

The project represents an investment of Melun 176 million euros. ARS 20 million in funding, the institutions concerned defraying the rest. To balance the operation, the bet – "prudent", according to ARS – is that the leakage rate will fall by 5% with the new facility.

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Union leaders had expected that the 1 May 2011 be a little raw. It is clear they have struggled to mobilize. In Paris, the procession was attended by 12,000 people Sunday, against 21,000 in 2010, told AFP the police headquarters. Organizers say 30,000 people joined them.

The secretary general of the CFDT Francois Chereque was present at the head of the cortege left shortly before 15 hours instead of the Republic, like that of Luke Berille UNSA and FSU Secretary General Bernadette Groison. The general secretary Bernard Thibault of the CGT, which was also manifest, was ultimately unable to move "because of major back problems," said his entourage told reporters.

Leaders of the Left also participated in the parade: Francois Hollande Olivier Besancenot through Eva Joly, Jean-Luc Melenchon or Marie-George Buffet.The spokesman of the Socialist Party, Benoît Hamon, the number two party, Harlem Desir, or members Bruno Le Roux, Sandrine Mazetier and President of the Ile-de-France, Jean-Paul Huchon were also behind the banner PS.

The leader of the Socialist Party, Martine Aubry, has, meanwhile, marched in Lille. "We do not have to be in the streets to celebrate International Labour Day," said the first secretary of the PS about the sparse parades, saying that employees would demonstrate "in 2012 at the ballot box."

Attendance was up for the parade FN

In the regions, the mobilization was also low.In Marseille, among 2000 people by 5000 according to police and organizers, marched through the streets between 1200 and 3500 people in Toulouse between 2200 and 3300 in Lyon, between 2200 and 3000 in Bordeaux between 1200 and 3000 in Strasbourg between 700 and 1000 in Lille and between 450 and 1000 in Rennes my credit score.

It was also shown to Pau (800 to 1200), in Angoulême (500), Besancon (500 to 1000), Brest (250 to 300), Nancy (700 people according to the unions) and as at Dunkirk, in Orléans and Caen.

These figures were more than expected from a trade union unity has disintegrated somewhat. "The character of this holiday is both less said, the day falls on a Sunday," observes Marcel Grignard, number two of the CFDT.In 2009 the protesters were much more likely because of the crisis, and in 2010 the fear of the pension reform, just before its unveiling, had been a factor in turnout.

On the other hand, the parade of Marine Le Pen Paris, focusing on the workers and popular classes, has mobilized more than expected among 3200 people according to police and 20,000 according to the FN (against 2000 and 8000 according to the police according to the FN last year).

"May 1st, we are the popes of the earth"

Besides purchasing power – the secretary general of the CFDT, Francois Chereque, called on Europe 1 radio on Sunday increased the minimum wage beyond the 2% rise tentatively scheduled on July 1 – the themes that defended Unions are talking years' support for the Arab peoples who rise to the dignity and freedom, "and" equal rights "between French and foreign workers in response to" national preference "advocated by the National Front , a rise in the opinion polls.

Winks comedy peppered some processions. "May 1st, we are the popes of the earth", alluding to the beatification of John Paul II. But also slogans in opposition to the FN, as in Rennes' French workers, immigrants, same bosses, same battles. "

The player has to use default in the articles of figaro.fr.maj1

Even Eric Besson went there for his comment: "The industrial morale improved in March (…), reaching its highest level since late 2007, welcomed on Thursday the Minister of Industry, who "production prospects point to a growth above the long-term average." He rarely says Bercy indicators as technical as those on the industrial morale.

But figures published by INSEE actually quite surprising: despite the crisis of the euro, the earthquake in Japan and soaring oil prices consecutive revolutions in Arab countries, the French industrial morale was set at 109 points this month, 3 percentage points higher than February. A trend confirmed by the publication, in the wake of the PMI purchasing managers, stood at 56.6 points, up significantly, too, compared to February.

After a blip in the third quarter of 2010, both of these indicators are returned to levels close to their highs. Levels consistent, according to analyst firm Markit, which produces the PMI, "with growth of 0.7% in the first quarter, or more, possibly around 0.9%. "The French economy seems to have ended the first quarter on a not particularly fast," said Chris Williamson, economist at Markit.In detail, new orders sent to the industrial and service companies are growing at their fastest pace since September 2000.

"Positive Outlook"

France is no exception: "The global industrial production continues to grow and in January it exceeded by nearly 4% above its early 2008 high point observed, within the Group of Industrial Federations (GFI) and WCC Rexecode in their memorandum of industrial economic spring cash advance now. If production is still lagging behind its pre-crisis levels in Europe, especially France, but the gap is expected to reverse in the coming months.

"The investment industry could rebound 14% in 2011," predicts WCC Rexecode.Especially as the financial capacity of companies have improved overall, as evidenced by the low percentage (11%) of industrial enterprises face today acknowledging cash flow problems. They were 25% in this case at the height of the crisis. Overall, "the intensity of the recovery in France is comparable to that of American industry, but less strong than in Germany," says Peter Gattaz, president of GFI, who said "this positive outlook should be accompanied a stabilization of industrial employment. " In fact, with 3.56 million employees identified by WCC Rexecode late 2010, the industrial workforce grew 0.2% last year.

An encouraging sign, although since its highs in late 2000 (4.4 million jobs) sector has been hit hard.All these signs bode well when the GFI will launch on April 4, his first week of the industry to develop this sector with French, and especially young people.

The German publisher Axel Springer has gained control over 95% of the company of small ads on the Internet Seloger.com from the extension of its tender offer (OPA) announced the Authority Financial Markets (AMF), confirming a report from Reuters. "It (score) Stalinist," said one of those people.

The success of this operation means that SeLoger.com may soon bid farewell to the Exchange. Indeed, the French stock exchange law authorizes the issuer of a tender offer to delist its target if he can control at least 95% of its capital at the end of its range. The results of the extension of the tender offer to 38.05 euros per share is expected to be formally announced Wednesday by the Financial Markets Authority (AMF).

A company owning more than 95% of another listed company for the possibility to via IPO Squeeze (OPRO), to redeem all shares on the market. Investors then have the obligation to tender their shares to the offer as opposed to a takeover bid. This procedure is also called "squeeze out". Specifically, the delisting occurs most often in the form of a Public Buyout Offer (OPR) followed by a takeover of Squeeze (OPRO, which will compensate the shareholders of the company Payday Loan for Bad Credit.

The delisting is not excluded

Axel Springer has not formally ruled out making a "squeeze-out on SeLoger.com, but also said he has nothing against the act of keeping one of its acquisitions listed, as is still the case for Aufeminin, another French star net bought by the German publisher.Out a group of stock and raise its stake to 100% allows the shareholder to make a tax consolidation and reassembling easier dividends to the parent.

For its part, SeLoger.com announced Monday that he expected a double digit growth of its key financial indicators in 2011 thanks to record levels of hearing and that he intended to double its dividend . After a fierce battle market, Axel Springer was able to convince management and major shareholders of SeLoger.com. After his first offer, the publisher of the German tabloid Bild controlled nearly 75% stake in the company.

(With agencies)

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It's another year of strong recruitments in France that EDF plans for 2011. The group announced this morning that 4600 recruits (including 1,500 management posts), mostly young people, against 4300 last year. Meanwhile, about 3,800 departures were recorded last year at EDF and ERDF and 3750 are expected this year, giving a net job creation of 850 jobs.

The energy giant is facing a dual challenge: firstly, it must accompany the resumption of nuclear development in the world, extending the life of plants, and new construction projects of thermal power plants or hydraulic. On the other hand it must deal with a pyramid that will lead to retirement from 25 to 30% of workforce in France by 2015.A proportion that rises to half the actual maintenance and operating in the fields of manufacturing, engineering and distribution.

"We are since 2007 on the movement of medium and long term, with an increase in growth rate of our assignments. Over a period of five years and by 2013, the group has recruited 15,000 people in France.Increase the lifetime of nuclear power plants involves indeed predict trades at 15, the profiles necessary to recruit and train, "said Marianne Laigneau, HR group EDF.

Hiring energy group – which currently has 170,000 employees worldwide and 240 jobs – mainly concern the nuclear pole (engineering and operations), with around 2440 vacancies, but also R & D (70), the hydraulic (300), thermal (100), while that ERDF (the distribution center) will proceed to 1400 hires.

Marianne Laigneau also confirmed the group's commitment towards alternation. EDF is proposing this year 2400 offers alternating at all skill levels. Including personnel already in training in 2010, "more than 4,700 staff are currently in the group," she recalls.