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Economic Meeting Friday and Saturday in the Canadian North, while financial markets were concerned, particularly in Europe, the drift of their deficits, major fundraisers of the G7 (U.S., Canada, Japan, Germany, France, Italy and United Kingdom) maintain the cap. They pledge to continue their respective recovery plans. For its part, Europe will address itself the Greek case without recourse to the International Monetary Fund (IMF). Furthermore, a tentative agreement in sight to introduce taxation of international banks.

These are the three conclusions of the meeting of the G7 major fundraisers – Finance Ministers and Central Bank Governors – Iqaluit. A place almost inaccessible, forcing many ministers to use private jets.The Government of Canada wanted to reaffirm its sovereignty over the Arctic region.

An international taxation

As the host, Jim Flaherty, Canadian Finance Minister, was particularly prescriptive. The problem of Greece should be "managed by the European Union, not by the G7," he insisted to reporters while their European colleagues were reluctant to speak. As chairman of the Eurogroup Jean-Claude Juncker has formally denied the idea that Greece might need money from the International Monetary Fund. As for Jean-Claude Trichet, ECB president, he again expressed his confidence in Greece "to take all actions necessary" in order to reduce its deficit to 3% in 2012 . "We're going to build a priority in areas of shortage, and therefore more expensive, but with less money," says the delegate general who believes a more realistic assessment of the number of homes built to last 100,000.

At the Department, any accusation of declining level of aid is denied."The effort of the State is not limited to 624 million euros of aid to the stone, take into account the full support of 4.7 billion euros, which will build 140,000 homes social, said the firm Benoist Appeared. Construction or purchase. As announced Tuesday the secretary of state, public housing agencies will be able to acquire any vacant units to turn them into housing. Another idea supported by the Social Union for Housing, but according to Pierre Quercy will face the same problems of funding. "We estimate that 350 million euros of state aid would be needed to buy 10,000 housing units in the tense areas," said the delegate general. What largely begin the budget.

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While the National Assembly must address on Tuesday on the shutters "great debt" and "Taxation of banks' of the supplementary budget, Eric Woerth, the budget minister, said on France Info this morning that" the impact of large borrowing on the government deficit in 2010 is limited to 2.5 billion euros, or 0.1 points of GDP, while stressing that he was "loaned funds, which will be refunded. Eric Woerth said the need to "reduce our structural deficit, but by the activity that will recreate the recipes that have failed during the recession."He recalled that the forecast deficit passed Monday evening in Brussels indicate a return to a level of public deficit below 3% of GDP, in line with European requirements in 2013, assuming a growth of 2% to 2.5% .

Another topic to be discussed by MPs today, charging the banks should "be subject to parliamentary debate," said Eric Woerth, adding that "it is essential to tax speculative activities.

A minister little to say on pension reform

Regarding the proposed pension reform, a project which must be opened after the regional elections, the budget minister has shown little to say cash advance to savings account .He merely noted that it is a "big issue" and that "all options for reform are on the table."

Also arrested on the law of mobility of staff, Eric Woerth has detailed the operation: "the law of mobility must allow officials to move easily from one jurisdiction to another. An official unearmarked, because his position was eliminated as in private careers, will be entitled to retraining and individual training, which did not exist before. It will then propose a post. It will address three refusals, but then, it will be laid off. "Eric Woerth has assured that" the family and geographical constraints will be taken into account. "It concluded that "after three refusals, it is normal that the employee leaves the terminal, because it means that the person is more motivated to work in administration."

To those who accuse him of wearing a type of speech 'administration, you love him or you leave her', Budget Minister has assured that "this reform can finally build a real human resources policy in the Administration, with merit promotions. "

Industrial prices rose modestly in December on the French market, 0.2%, the same pace as in November, according to figures released Monday by the INSEE. For the full year 2009, producer prices have therefore fallen by 2.9%.

In December, prices of refinery products rose only slightly by 0.8% over the month, against 3.3% in November and 3.2% in October. For export, prices have remained quite stable (+0.0%) moderated by lower export prices of refinery products, by -2.1%. "The difference in recent developments in relation to the internal market (+0.8%) from a structural difference in sales depending on the market," said INSEE. In imports, industrial products remained almost stable at 0.1%.

After three failed meetings, the representatives of EADS and the seven countries customers transport plane A400M military find themselves again next February 4th, in principle in Berlin.

They will try to find a compromise on sharing the additional costs – 5.2 billion – of the program whose final score jumped more than 50% to around 30 billion euros. EADS has rejected the proposal of the States to take over 2 billion instant payday loans .

This meeting will be held the same day as the Franco-German summit held in Paris. Optimists are betting on an agreement in principle to that Chancellor Angela Merkel and Nicolas Sarkozy announce all the rescue program.Otherwise, they should show their political support and call for a quick solution.

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Around 14 hours, the Paris Bourse more clearly reflected the upward path after hesitating throughout the morning. The CAC 40 wins 0.75% to 3788 points in a trade volume of over 1.5 billion euros. At the opening, the CAC 40 index showed a greater increase of 1.07% to 3800.36 points. The finding is similar to London and Frankfurt: the FTSE-100 is progressing more than 0.21% at 5228 points (cons an opening 5261 points) and Dax from 0.19% to 5654 points (5687 points cons).

But investors in Paris were relieved by the publication of results of U.S. companies. In the vast majority of companies have reported results in line or better.Indeed, many companies publish their accounts in the fourth quarter: Ford, AT & T, Procter, Colgate, Motorola ….

Although business leaders and consumers in the euro area have found morale in January, for the tenth consecutive month, the sharp rise in unemployment in Germany (+8.6% in January) lead the growth indices European financial.

This morning in Japan, the Nikkei ended a spate of four sessions down to it lost 5%, to close a significant increase (1.58%).On Wall Street yesterday, the Dow Jones also finished in the green at 0.41%.

The U.S. Senate will vote Thursday on the reappointment of Ben Bernanke to head the institution.

Across the Atlantic, investors Parisian keep an eye on applications weekly unemployment benefits and orders for durable goods in December, at 14:30.

The bank ran out of steam

Consequence of slowing the renewed financial indices, values faltering: BNP Paribas (0.87% to 52.20 euros against 2.42% at the opening), Societe Generale (+0.69% at 43 14 euros against 2.46%), Credit Agricole (+1.86% at 11.77 euros against 2.81%) and Dexia (1.55% to 4.53 euros against 2.39% ) Payday Advance .

Plastic Omnium (3.14% to 23 euros) has announced a turnover of 2.458 billion euros in 2009, down 8.8%.In the fourth quarter alone, however, sales jumped 16.8% to 716 million euros. The group expects an operating margin up sharply for the full year 2009.

Many publications expected

Areva has returned to mid-session, the title losing 0.15% to 338 euros, having opened up slightly from 0.13%.The group will unveil its revenues for the fourth quarter of 2009, after having asserted yesterday held extensive discussions with GDF Suez for partnership in the French nuclear.

Are also expected publications: JCDecaux (1% to 18.6 euros, after opening up 2%), Sperian Protection (-0.38% against a rise of 0.30% at the opening) Etam (-2.89% to 17.45 euros), Eramet (+2.09% to 222.30 euros), Fleury Michon (+ 0.56% to 36.20 euros), Carbone Lorraine (+2.97 % to 25.45 euros) Vicat (-1.45% to 54.45 euros) and Norbert Dentressangle (+1.17% at 42.49 euros).

Beneteau (+2.36% to 12.6 euros) will hold an annual financial information to 17:30.

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This time it's official: the Dutch Spyker has concluded an agreement with U.S. giant General Motors (GM) to her resume its Swedish subsidiary Saab.

Until this agreement, the case n Saab has stopped bouncing. While the U.S. giant General Motors said in December that it simply shut its Swedish subsidiary Saab lack of buyer, the Dutch Spyker Cars was returned to office with an offer the last chance. Rumors surrounding the conclusion of this agreement have been numerous throughout the day. Spyker very careful not wanting to comment on reports that circulated in financial markets.

Spyker Trading suspended

Despite this caution, speculation quickly swelled Tuesday.So much so that the Netherlands Authority for Financial Markets (AFM) has decided to suspend trading in the Spyker action on the exchanges of Amsterdam at 12:45 GMT and that "until further notice" creditreport . The title of the Dutch manufacturer had gained 2.8%, to 3.90 euros before the intervention of the regulator. The AFM said it was awaiting the publication of a statement by Spyker, to clarify the situation.

Spyker is the only candidate for the acquisition of Saab. The group would put 400 million dollars on the table in cash (74 million) and shares (326 million) of the new company that emerged from the sale, according to sources familiar with the matter. Take it or leave it. Leaders from General Motors and Spyker met last Friday in Stockholm to address the remaining points of detail, reports U.S. magazine BusinessWeek.In particular, future production plans for this "new Saab.

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The French have always been more crickets and ants that the crisis has reinforced their distrust of credit. Statistics released yesterday by the FSA, the association of financial companies show a net decline of credit extended by institutions.

Credits distributed to households fell from 13.3% in 2009, which represents the largest drop recorded in 45 years time tracking statistics. In 2008, the decline was 2.8%. Last year, special schools and have provided 38 billion euros of new funds, against 43.8 billion a year earlier.

The downturn that began in autumn 2008 was accelerated until spring 2009 (-12.4% in the first quarter and -18.7% in the second) before slowing down from the was (-16% and -5.5% in the fourth quarter).

These are personal loans which have fallen the most, specialized institutions have distributed 22.8% lower than a year earlier. The revolving loan decreased by 11.2%.

The auto loans are better off: they are down only 4% over the year and jumped over the last two months of the year. The scrapping bonus has pushed the French to change their car which is reflected in the credits: they increased from 15.7% last quarter. Finally, funding of home appliances (consumer electronics and furniture) were melted from 13.3% in 2009.

These figures may be explained by a smaller French appetite for credit, but also by increasing the rate of refusal of certain institutions (Cetelem number one industry in this case) and by increased competition from traditional banking networks.Banks operate more than before because the customer relationship by offering consumer loans. Member firms of the FSA are in fact nearly 60% of consumer credit and almost all renewable credits.

To increase its capacity from 6 to 8 million passengers per year, the airport of Toulouse, who is now a publicly owned company, had decided before the crisis, to build the new hall. A very bright and functional addition to three already existing.

The architect Toulouse Gerard Huet, who was responsible for this achievement which cost more than the 100 million euros. A terminal voluntarily generalist who will be able to accommodate both the needs of low cost carriers as majors. It has been sized to be extended if the request came. There is, for example, 12 banks record that could very easily become 24. "This is not because we built a terminal that airlines and passengers rush!" Says, however, very pragmatic, Jean-Michel Vernhes, Chief Executive of the airport.

Without falling into the trap of subsidy per passenger demanded that certain low costs "of practices which we reject," he says talks continue with low-cost airlines, which now represent 17% of the traffic bad credit payday advance .

For the year 2010, Air Nostrum, a subsidiary of Iberia, will reopen the line to Barcelona operated twice a day, however, EasyJet will increase its capacity to Charles de Gaulle and Air Austral to La Reunion. To facilitate access to the airport road has been reviewed and a new 3 700 parking spaces is under construction. It will then improve the service between the airport and downtown."We do not oppose the construction of parking and improved public transport," says the President to the attention of elected officials.

An open house is scheduled Saturday, March 6 just before the commissioning.