These costs are estimated at 51 million euros. So says a letter sent by the National Federation of the commercial aviation (fname) – which includes trade unions of air transport – the Department of Ecology.This letter was sent "early August," said Jean-Pierre Le Goff, the delegate general of the fname, who came on Saturday to confirm the information Parisien / Today in France.

French companies demanding repayment of 51 million euros. Such government action "is important to recognize the exceptional mobilization of air carriers and their contributions, and is also economically important for companies still in the midst of the crisis," said the official.

For now, no reply to that letter, the next team of Jean-Louis Borloo. As Secretary of State for Transport, it was confirmed that the case "is under investigation.FNAM said, she expected to return "next week".

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"The event was very well directed, welcomed Thomas Baumgartner, the chief financial officer, during a conference call.However, despite this improvement, the activity has still not regained its 2008 level, before the start of the economic crisis.

While saying "pay attention to macroeconomic uncertainty," confirmed Mersen wait for all of 2010 a "return to organic growth" and increased its operating margin (about 9% in 2009. "We confirm our objectives even more confidence "that the end of July," said Thomas Baumgartner, ensuring not see at present any adverse effect of the macroeconomic environment on the recovery. And to indicate that the group would give more details of its 2010 targets September 15 at a meeting on the strategy Mersen.

In late June, the group's net debt, which has acquired companies such Boostec and M. Schneider, widened to 255.8 million euros against 214.9 million at end December.

This Wednesday, Charles Milhaud gave the President the report by an international commission as a basis to work on creating this new financial institution, at the Summit of Heads of State and Government of the Union Mediterranean (UPM), held in Barcelona in November.

Three scenarios were selected. The first, and probably one of the most probable, is to create a bank of the Mediterranean from the spin-off activities of the FEMIP (Facility for Euro-Mediterranean Investment and Partnership).This includes all the instruments of intervention of the European Investment Bank (EIB) for development and economic development of partner countries. The Bank would become a shareholder with a stake between 35% and 50%. The second possibility, perhaps the most delicate, lies in the creation of a specific bank can easily imagine that it would require a significant capital raise.

Public-Private Partnerships

The third hypothesis advocates the establishment of an institution size smaller funds from deposits and consignments of countries concerned.

If the current subsidies reach 20 billion euros per year (including 5 billion from the EIB), the report reveals a shortfall of funding in some sectors.The major regional projects such as solar plan, water, urban development difficulties that could be resolved through public-private partnerships. The SMEs crucial to the development of this region of the world also face this problem.

The stakes are high. "We must realize the potential development of Mediterranean countries, like Germany has to do with the countries of Central and East," said Charles Milhaud. With a hope: that the institution's capital is also home to the southern states of the Mediterranean, but also the Gulf.

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The American economy has destroyed 125,000 non-agricultural jobs in June against 110,000 planned. This is the first time since the beginning of the year that the U.S. economy is destroying jobs and the number of registered job destruction last month was the highest since October 2009.

The private sector has created 83,000 jobs, however, against 33,000 in May and 112,000 expected by the market. Despite the job losses recorded in the month, the unemployment rate of 9.5% in June, its lowest level since July 2009, against 9.7% in May Economists expected a rate of 9.8%.

The figures, preliminary unemployment weekly published Thursday, however, very disappointed. "For three months, enrollment weekly unemployment are the yo-yo around a trend average of 462,000, economists are of Oddo Securities. The dismissal of the enumerators of the population, down sharply in June (see Chart 3 above), could affect these results, but, anyway, the job recovery seems decidedly weak. "

Europe and China in the minds

If the relatively low funding requests from European banks with the ECB reassured yesterday, the threat of a downgrading of the rate of Spain by Moody's, the clouds that accumulate on the growing global concern, however, more than never the United States.Several indicators, unemployment and housing U.S., in fact, yesterday, had a marked fall in European markets, while Wall Street has finally, paradoxically, proved to be more combative resistance payday loan lenders. The weakening of the greenback against the euro is perhaps helped. The late publication of monthly sales of car manufacturers, sharp rise, too.The sixth meeting of decline has been less severe than expected, the Dow ended down 0.42% to 9732 points and the Nasdaq fell 0.37% to 2101 points.

While the downward revision of growth prospects of China Conference Board had, following a calculation error, contributing to a decline in the markets earlier this week, China could reassure the contrary on Friday: it comes into effect to announce the revision of the growth of its gross domestic product from 2009 to 9.1% against a previous estimate of 8.7%.

Google buys ITA

As for values, Jeffrey Immelt, the head of U.S. conglomerate General Electric, has accused China to show hostility towards foreign companies, said Friday the Financial Times (FT), pushing the group to say that his comments had been distorted.The share lost 0.14% to 14.10 dollars.

The engine rechercheGoogle (-0.47% to 437.43 dollars) has announced the acquisition of ITA, a company specializing in information on air transport.

The publisher of games for iPhone Tapulous announced Thursday that he was bought by media giant Disney (+0.32% to 31.59 dollars) to become "leader in mobile entertainment." The terms of the transaction were not disclosed.

Sanofi-Aventis (-2.24% to 29.70 dollars) on Friday refused to comment on information from Bloomberg that the French pharmaceutical group preparing to acquire a U.S. company a value of at least 20 billion dollars. Allergan (6.88% to 62.10 dollars) and Biogen (6.70% to 49.86 dollars) are cited as potential targets

The $ 100 billion, "we (them) to find the half in spending cuts and half in revenue increases," said the head of government.The 50 billion euros in spending cuts will be made up of "45 billion by reducing public expenditure, 5 billion on reducing tax loopholes."

On the revenue side, the 50 billion do not result from increased taxes and levies, "said Francois Fillon. He bets on "35 billion upgrading after the crisis, loss of revenue cyclical. (…) As and when growth returns, revenues are growing once again, "he said. And the remaining 15 billion? They "will correspond to the end of the steps we have taken to boost the economy and have obviously not meant to last beyond this period of recovery," he added.

In May, Francois Fillon had already announced a freeze in spending value of the state but had not detailed the targets.These details are involved a little less than a week after Berlin has adopted a plan rigorously evaluated at 80 billion euros. France is under pressure from financial markets and rating agencies, who urged him to detail the measures to be taken to reduce debt.

"New sources of funding"

The Prime Minister also addressed the issue of pensions. While the government prepares to release his reform plan, Francois Fillon reiterated its intention to extend the duration of activity and pushing the "symbol" of the statutory retirement age to 60 years.

It will also seek new financing, he added. "Justice will lead us to seek new sources of financing because the effort must be shared by all," he said.Nevertheless, the government has temporarily waived taxing incomes over 11,000 euros per month, according to information from Figaro.

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For example, Hong Kong, the Hang Seng yields 0.17%, to 19,545 points, in Australia, the S & P / ASX Index plaice 0.57% to 4292 points and in India, the BSO Sensex down 1.3% at 16,305 points. In China, the CSI index is even 0.15% to 2730 points.

The Nikkei skids

However, the trend is much more frank in Singapore and Japan: the Singapore Straits Times stumbles to 6:50 2.3% to 2689 points and the Nikkei 225 below 10,000 rating points to 9784 points exactly, showing a sharp fall again 2.45%.

The key index in Tokyo was not dropped below the symbolic 10,000 points since February 8, 2010.Investors are concerned that growth in Europe is too weak in the coming years and that this drives up the appreciation of Asian currencies, the yen in the crosshairs.

The Bank of Japan (BoJ) announced it was maintaining its key rate at 0.1% and it injected 1,000 billion yen (8.85 billion euros) in the country's banking system, to reassure markets worried about the problems of the euro area. Thursday evening, Spain's new growth forecast apr_ès the anonce an austerity plan of 15 billion euros.The country's growth will be only 1.3% this year against a previous estimate of 1.8%.

This Friday, the Monetary Policy Committee of the Bank of Japan (BoJ) has held that "the fiscal health of some European economies," posed a risk to economic recovery.

Investments in companies

As for values, the Japanese carmaker Toyota (-2.5% to 3,335 yen) will invest 50 million dollars in capital of U.S. manufacturer Tesla for joint production of electric vehicles at a plant in California.

Under the agreement signed in Palo Alto headquarters of Tesla Motors, the two partners' intend to cooperate in developing electric vehicles, spare parts, in production systems and engineering, "said a joint statement released Friday.

In China, as PetroChina was down Friday morning at the Shanghai Stock Exchange, after the oil giant had announced its intention to invest 60 billion dollars abroad in ten years. It lost 2.3% to 10.62 yuan (1.6 dollars).

Annual objectives confirmed

However, the group finance director of defense and high technology remains cautious. "Our business is marked by a degree of seasonality. It would be premature to draw conclusions from this first quarter for the full year, "he warned.However, the group confirmed its annual goals: a stable income and an operating margin of 3% to 4%. It aims to build on its new organization – set up in late 2009 – and the first fruits of its "efficiency plan", called Basis Pro, which should reduce the cost of "poor quality" is ie the financial excesses of complex programs. In this regard, Patrice Durand said that "the landscape remains the same" for risk contracts (eg, development of avionics for the Airbus A400M military), because "you can not change radically a program in a few months, "but he adds" we are working hard in conjunction with Airbus.

Resumption of Aviation "uncertain"

The group led by Luc Vigneron remains cautious for the resumption of commercial aviation remained "uncertain" and the group will not benefit from the boost provided by the orders of the French army under the recovery plan. Unlike the budgetary pressure is at its height on the states of the euro area whose deficits have exploded over the past two years and who convert in a pinch. However, defense accounts for 60% in the activity of Thales. The challenge for the group will be to find new sources of growth outside Europe. In 2010 and in years to come.

Also on conviction to a fine of 630 million euros in total (including 15 million in interest) of France in the case of the sale of Lafayette-class frigates to Taiwan, Thales, whose share of the fine represents 27.463% of the contract or its part, has decided to "implement all available remedies" and will soon file an action for annulment before the Court of Appeal of Paris. "As an interim measure, the company will pass on its accounts of the first half of 2010 an additional provision of 35 million euros.

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For example, the detention and the retention of certain records (plans, rules of ownership …) are included in the package. Same principle for the holding of general meeting, whichever occurs on the days and time slots indicated in the contract.All new contracts signed after July 1 must comply with this new rule.

This order lists the tasks of daily management purposes only established by the National Council of Consumer Affairs (CNC), which he believes should not be charged extra. The vast majority of contracts trustee voluntarily complies this list, as their unions had requested them. Most owners have therefore already contracts under the new rules. But a small minority of trustees continued to ignore. The order will force them to toe the line.

Herve Novelli has however not been satisfactory associations consumer no fax cash advances .They wanted the order to go further, especially to cut short the abusive practices of some trustees accused of inventing such new costs (administrative costs for time spent making photocopies for example) and to charge off package.

"A very imperfect compromise"

Association officials condominium (Arc) was also condemned in advance the draft order, saying it would allow such trustees to continue to pay more to hold general meeting in the evening. For the General Confederation of tenants, that order is "a very imperfect compromise between consumer expectations and resistance professionals.It gives no definition of the current management, poses no limit to the abuse of special services and create difficulties of interpretation concerning the list of benefits. "

But Herve Novelli does not intend to abandon this topic. He asked the Committee on unfair terms in order to have deep expertise on the unfairness or otherwise of all clauses in contracts.

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Take height and work in a bipartisan … This is not an empty word for close to Laurent Fabius – who was one of the first to congratulate him on Thursday after his swearing. Didier Migaud notably drafted with Senator UMP Alain Lambert organic law on finance laws (LOLF) rule that since 2006 the annual budget presentation to the State. But he also participated in the commission P?bereau debt. The chairman of BNP Paribas has always praised the sense of responsibility of the member of the Isere, which had agreed to sign a report calling for deep cuts in public spending, despite pressure from his political camp cash advance america