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 the event.

• Transport: € 7.8 billion

For seven years, considerable effort has been devoted to the modernization of the London transport network, to host 3 million visitors in addition to the 12 million daily riders. New stations were built around Stratford, the Olympic site in east London. A special express train, the Javelin, will link the park to the station King's Cross St. Pancras. But the risk of flooding remains a nightmare for the organizers and authorities in London.

+ Organization: € 2.4 billion

The organization of the fifteen-day competition is funded by private funds from revenue from TV rights, sponsorships, merchandising and ticketing (485 million euros). Some sponsors are involved in providing benefits in kind (eg telecom).

+ Olympic Stadium: 1.2 billion euros

The enclosure of 80,000 seats is the centerpiece of a series of new equipment final, including a swimming pool, a handball court, a velodrome that will find and use a permanent occupants after the Olympics. Each was built by an architect and a different promoter. Other facilities such as the basketball stadium, will be dismantled at the end of competitions.

+ Olympic Village: 675 million

The site of the London 2012 Olympic Village was sold for 634 million euros in a joint venture with Qatari Diar business cards. The village, which adjoins the Olympic Stadium, includes 2,800 new homes. And the contract includes the creation of 2,000 additional.

Security +: € 670 million

This is one of the positions responsible for soaring overall costs. The organizing committee found itself under fire for underestimating security needs. A first estimate "wet finger" of 10,000 agents has been revised upwards to 23,700, doubling the budget to fund these private security guards. A contract with G4S company specializing in 104 million was renegotiated to 344 million. Not to mention the tens of thousands of forces of public order.

+ Ceremonies: 98 million

Entrusted to Danny Boyle, director of Trainspotting and Slumdog Millionaire movie, the opening ceremony of July 27 should show the "best of Britain". Thousands of extras are being recruited. To succeed in this show of force after that which remained in the memories of Beijing, Prime Minister David Cameron has agreed to double the budget for opening and closing.

= Public budget: 13 billion euros

The note of the Olympics for taxpayers English has continued to fly from the original figure of 3 billion when London won the competition in 2005. The organizing committee is now working on a budget of 11 billion, but a parliamentary report estimated that the bill may reach 13 billion instead. 29 billion and even if we take into account indirect costs for utilities, including the police and military presence.

Cynical or simply cultural initiatives do not fail to honor the tragedy that killed 1,514 people April 14, 1912, off Newfoundland. Especially since director James Cameron has shown that the Titanic was a "brand" more than profitable. In 1997, his film exploded every record box office, earning $ 1.8 billion in revenue and creating a real passion for the drama of the Atlantic.

The story of the Titanic began in Ireland, where the liner was built. This is a museum in Belfast, which cost over 110 million euros, was inaugurated last weekend, built on the former shipyard. It reveals the story of the Titanic through special effects or special activities. Nearly 400,000 visitors are expected this year alone.

Southampton City also marks the event. It is indeed from this port in southern England as the first passengers boarded the Titanic. Moreover, a large majority of the crew was from this town and most were killed by remaining on board until the last moment. The City Museum offers a special exhibition, interactive, allowing among other visitors to London find the room where justice investigated after the disaster. The shipping company Red Jet offers it for 54 euros, a departure by boat to the exact place in Southampton where the Titanic sailed.

The more curious, or less superstitious, will benefit from the offer of the Groupon site. For 9500 euros per person, they can navigate thirteen days in July, up from the wreck site and visit the wreck. On board the ship that will transport them, they may attend scientific conferences and will receive an autographed DVD of the film by Leonardo DiCaprio.

Permanent exhibition

Some commemorations are lighter. In Liverpool, where the Titanic made a stop, the sinking will be addressed as a musical. The West Kirby Light Opera Society is back in June on stage at the Liverpool Empire for a production called Titanic. The Musical, about 15 euros per ticket.

France and the United States also will try to capture the public interest for the most famous shipwreck in the world. At Cherbourg, where the steamer stopped to take his last passenger, the Cité de la Mer has expanded to create a new permanent exhibition. And to complete a journey that travelers will not have had the opportunity to complete, destination New York, where the auction house Guernsey's will start selling on April 15th 5500 objects belonging to passengers, or having found aboard the Titanic. Guernsey's was sold in 2004 for $ 100,000 a menu. Prices could soar again this year.

Finally, some cities which have a lot farther with the historical event has found a way to cash in, as the Anglo-Saxons, or to "cash in". In Atlanta, the Hotel St. Regis has developed one of the most profitable. Colonel John Jacob Astor IV, founder of the institution and died in the wreck, was the richest man on the Titanic. For 2000 dollars you can spend a night in the Empire Suite. This was the price of a first class ticket on the ship in 1912.

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Justice always seeks to measure the responsibility of France Telecom in the wave of suicides that killed dozens of employees – 62 according to unions – from 2008. As part of the investigation for "bullying" opened in 2010, the Paris headquarters of the operator Tuesday was the subject of a search. "We confirm a search operation on Tuesday. This is the logical continuation of the current statement since April 2010, "reported AFP a spokesman for the group.

The unions, on Tuesday, have welcomed the progress of the investigation. "The first stage of training had gone through investigations in the family and business contacts all victims with fifty letters rogatory throughout France. This accelerated instruction is positive for us especially if it leads to a trial which, hopefully, will condemn the brutal methods employers and work organization pathogen, "says union South in a statement.

It is based on a report critical of the Labour Inspectorate that the Paris court decided two years ago to respond to the complaint filed by the SOUTH. A 82-page dossier analyzing the circumstances of the death of 14 employees of the operator, which concluded that "the implementation of labor organizations likely to cause serious harm to the health of workers." Very critical of "the politics of reorganization" led the company since 2006 to modernize, the report pointed "management practices that characterize bullying personal business card."  

New social contract

He also stressed that despite the repeated warnings of occupational physicians, labor representatives and health insurance funds, the operator continued implementation of its modernization plan "Next", launched in 2005. Among the means used to improve the efficiency and effectiveness of the group included the elimination of 22,000 jobs over three years and the transfer of 10,000 employees. In 2010, the Paris prosecutor had however held that the charge of "harassment", rejecting that of "endangering the lives of others."

The wave of suicides has already impacted the operation of the operator. Starting with its CEO. Didier Lombard, originally the plan "Next" and author of clumsy on about a supposed "fashion suicide" was replaced in March 2010 by its director France, Stéphane Richard. With a completely different style than its predecessor, it has sought to pacify the group. A new social contract, a discourse more transparent and promise to hire 10,000 people helped to reduce the social crisis. Interviewed by the company last September, employees seemed to feel a slight improvement: welfare to work was rated 6.8 out of 10 then, against 6.2 a year earlier.

For Jardiland, spring is even more active this year. At the end of the most important commercial of the year, the second network of garden centers by turnover and number of stores (205 and 14 abroad) should welcome a new shareholder. Indeed, Batipart, the investment company of the family Ruggieri, who holds 35% stake in Jardiland, wishes, according to our information, disengage. Charles Ruggieri, who was among the players in the development of FDR and significant shareholder of Korian, has invested 122 million euros.

The Conte family that owns about 65% of it's famous sign is not in a position to buy such participation. Concerned about the future capital of the company, the family that controls the capital, however, commissioned in autumn 2010 Lazard to find a buyer for 35% stake in Batipart even to consider a global sale of the company , according to several sources. When asked, the president of Jardiland confirms the mandate of Lazard, but dismisses any idea of ​​surrender and advance another scenario: "We are seeking capital for our development, especially internationally," says Michel Conte, who hopes to complete Operation "before the end of the first half."

The option Truffaut

Contacts with LBO funds, however, reinforce the idea of ​​a significant operation in the capital. "Last year, twenty funds have shown interest Jardiland, this sleeping beauty. Four are still interested, PAI, Astorg Equistone and Axa Private Equity, "says a close case. The latter held the rope – appointment is made with the management Jardiland for mid-April – but nothing is signed yet.

Interested stumble over two problems: "these funds are all taking majority stakes, but the family would retain control Conte," said a relative of one of the funds short term personal loan. According to our information, the Director General, Guilhem Porcheron, was notably landed last October for trying to demonstrate that the wish of the family was unrealistic.

The other sticking point is the price. "Usually, we value the garden 6-7 times EBITDA (gross operating surplus, Ed), more than the DIY networks. However, in Jardiland, the cost reduction program has not given any results, "said another speaker in the folder. The ebitda of Jardiland fell last year, reaching about 30 million euros for a turnover of 811 million euros. "Jardiland worth about 350 million euros, but the value of the ticket to capital remains to be defined. For funds also, capital is scarce and they are very vigilant, "the source added.

The future of Jardiland is closely followed by all market participants. And especially Truffaut, Louis Delhaize Group subsidiary, which also holds the Cora hypermarkets and supermarkets Match. Reportedly, the sign of the family Bourriez, very present in the Ile-de-France, the file would look again. Truffaut had already considered, two years ago, to buy its rival, to cover the territory. "There is no proposed merger of any order between Truffaut and Jardiland," says one, however Truffaut. Same response in Jardiland. "Doing so much sense, but the family Bourriez only lacks the necessary funds. The sale of Cora in Hungary was partly necessary to repay some debts, "says a close family. Find the ideal candidate for Jardiland seems difficult.

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The German electricity grid are on the go. Wednesday they activated two gas plants located in Austria, Theiss and Korneuburg, called "cold reserve" and the old coal plants, normally unprofitable.

But contrary to information relayed by AFP, no nuclear reactor, one of eight closed last spring, has restarted.

"Nuclear power plants have not restarted," said Le Figaro Uwe Ditz, spokesman for the power grid Tennet. "This is a decision of political authorities." In fact, the licenses of eight reactors arrested were withdrawn by the government even if it did not rule out restarting three reactors in case of peak demand caused by a cold snap.

Restarting a nuclear reactor is more complex and longer than that of a gas turbine, coal or fuel oil.

In this period of extreme cold, Germany, with its thermal reactivated, manages to export electricity to France. The German Minister of Ecology, Norbert Röttgen, welcomes the surplus products, against all odds in winter, solar and wind power: "We had these last days capacities up to 10,000 megawatts (MW) solar energy , the equivalent of ten nuclear power plants and up to 11,000 MW of wind power. "

An equation that TF1 attributed to "a macroeconomic environment less favorable than expected, especially from September." This "economic uncertainty", leads the group also anticipated for the year 2011 "a withdrawal of consolidated turnover of about 1%."

However, if the proceeds of the TF1 channel degrades, the group announced a turnover in nine months, up 0 paydayloans.7% to 1.826 billion euros.Other activities of the group saw their income rise by 3.9% over the same period to 784.4 million euros, while in the third quarter of 2011, this position is up 12.6%, to 264, 6 million euros. This is due, according to the broadcasting group, "the increase in sales related to the acquisition of TMC and NT1 and the performance of subsidiaries of diversification." In fact, the first nine months of the year and all antennas together (TF1, TMC, NT1, pay channels), the advertising revenue rose 2% to 1.494 billion euros. In the third quarter, it rose from 424 million a year ago to 442.3 million in 2011.

Is it more important to choose the first legal and tax status of its business or build a business plan? Candidates for the creation of enterprises facing multiple issues. Alain Belais, Executive Director of the Agency for start-ups (PACE), recommends that they follow a very rational.

1. The person who starts for the first time in the adventure of creation must first go to the website of the Agency for start-ups. She will find all the essential tips and steps to follow. She can tap into the toolbox that is available to him, then he will look to support networks.

2.If it is much easier to start a business in France, the new contractor must make a lot of work ahead of the creation of his company to put the odds on his side. Have an idea as good as it is, is not enough. Make sure that the company is a specific market, it has customers. It is essential to consider the viability of the project in detail. Plus the contractor spends thinking about his project, the more it gives the chance to see his company grow in harmony.

3. Do not focus on minor issues. The legal and tax status of the company is not the first topic to address. There is always a formula tailored to their needs when we understand its goals and needs.

4. The initial investment can be small or large.What matters is that the funds are available in relation to the needs of the project.

5. It should not be stubborn. We must not go too fast. Take the time to evaluate, test. If an idea does not find its market, you have to stop the project and give up. This advice may seem paradoxical because an entrepreneur is a man who can shake up the barriers and must be certain. But it must also be able to understand when it's wrong. However, a board shall not conceal another, perseverance, tenacity are the powerful engines of the contractor. Do not get discouraged and overcome obstacles one by one.

6. The new contractor must not remain alone in his corner. It should not be isolated. It must be accompanied. It is sometimes necessary to protect his idea, but he must also learn to trust, to reflect with others.Whether friends or professionals. Many networks are able to advise him, to help solve a problem, to build a case for funding or to face a difficult period. Qualify for free business advice, financial, legal, tax experienced entrepreneurs is an asset. There is indeed a surprising solidarity among entrepreneurs. Many of them are happy to know-how available to those who need it. The advice and support networks for sales professionals and law are very effective to support the project leaders.

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Elsewhere in Europe, the Milan Stock Exchange closed on a fall of 3.89%. In Frankfurt, the Dax lost 3.36% at the final bell and the FTSE in London fell by 2.34%.The European indexes have been sealed by banking stocks, which still suffer from concerns over European debt, including the stalled talks in Greece.

Thus, investors have been cooled by zero job creation in August in the United States. In July, the first estimate of recruitment was greatly scaled down from 117,000 jobs created to 85,000. The unemployment rate remained steady at 9.1%, as expected. "The labor market is expected to remain sluggish in the medium term and the unemployment rate should rise slightly or remain at its current high level" of 9.1%, says Inna Mufteeva at Natixis.This publication reinforces the eyes of experts, the probability of a new monetary response from the U.S. Federal Reserve at its next meeting on September 20 and 21.

In addition to the waits before publication of the report, traders were disappointed by yesterday's U.S. indexes mixed. The weekly jobless claims have fallen and certainly the contraction was avoided in the manufacturing sector, but construction costs and productivity plummeted. In addition, the White House confirmed the pessimism about the weakness of the recovery across the Atlantic in scaling back its growth forecasts.

Euro stable

On the foreign exchange market, around 17:30, the euro 1.4207 dollars, against 1.4260 on Thursday, its lowest level in three weeks.Yesterday, the euro had fallen sharply under the impact of renewed concerns vis-à-vis the health of the euro area, where industrial activity contracted in August, unlike the United States.

In France, higher energy costs caused a 0.5% increase in producer prices in July in the euro area, as expected, but overall inflationary pressures subside to the extent that the area economy patina.

The bank collapse

Fear seizes even Greek European banks. The establishment of a second aid plan seems to be complicated. The troika of creditors of Greece left Athens Friday, giving the government 10 days to advance structural reforms in the country, weighed down by a recession that will prevent it from holding its budget savings target.In Paris, Crédit Agricole fell 7.38% to 6.65% Societe Generale, BNP Paribas and Axa of 6.24% to 5.73%.

Arcelor-Mittal: -6.10% to 14.17 euros

The group plans to resort to short in the fourth quarter at its plant in Florange (Moselle), and will ask 600 of the 3,000 employees of the plant to take RTT in September, officials said Thursday a union source

Total: -2.69% to 33.40 euros

The oil will extend all over France its network of service stations at low prices, after tests conducted last year in dozens of outlets, according to Les Echos.

France Telecom: -2.37% to 13.17 euros

The operator has received numerous expressions of interest for its Swiss division, told Reuters CEO Stéphane Richard, noting that financial market volatility would not affect projects sales of assets of the group.

Bouygues: -2.14% to 25.61 euros

The Standard & Poor's announced that it placed the long-term rating of A-group under review with negative implications following the announcement by him of a proposed acquisition of securities.

Sanofi: -3.25% to 49.75 euros

The group confirmed Thursday it has reached an agreement with Pfizer to produce in France generic versions of Lipitor, the cholesterol featuring the American group.

EDF: -3.23% to 20.95 euros

Goldman Sachs has revised down its price target on the title, which goes from 49 to 31 euros, while remaining on the purchase value.

Carrefour: -2.83% to 17.66 euros

HSBC lowered its recommendation to "overweight" to "neutral" and target price of 30.50 to 20 euros.

Stallergenes: – 0.81% to 49 euros

The laboratory of immuno-allergic Thursday announced a net profit up 18% in the first half to 23.7 million euros, benefiting from the "business growth" and a "moderate increase spending research and development. " In the process, Oddo is to reduce its recommendation to neutral.

Safran – 2.77% to 27.05 euros, Suez Environnement: -4.23% to 11.09 euros

Saffron is the best candidate for an entry in the CAC 40, while Suez Environnement, whose price has fallen heavily since the beginning of the summer, should come out, say professionals in the Paris Bourse.

Nyse Euronext – 1.93% to 18.56 euros

The London Stock Exchange has confirmed a press report that it is discussing a possible settlement with LCH.Clearnet.Discussions are at a preliminary stage and there is no guarantee that it would, he said.

Neopost: + 10.39% to 56.30 euros

The group raised its forecast of annual sales for the second time, following an accelerated growth in the second quarter, thanks to the dynamics of North America.