All real estate transactions involve the payment of notary fees. The note, which is completing the acquisition process where the buyer is usually borrow more or less important to his bank, still seems a bit expensive … especially if one confuses notary fees, and fees. Fees, expenses, registration fees … Mazodier Carolina, a journalist with the monthly individual, decrypts the invoice.

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

Wolfgang Schäuble confirmed and signed. At the risk of alienating France and the ECB, the German Finance Minister said yesterday that "the time has come" to pay to banks and private investors holding the bag in the crisis of sovereign debt. "It's a question of moral responsibility, said the German official. Ultimately, investors – and that includes of course the European bond holders – must support both the risks and the benefits of their investment. In recent crises, it is almost exclusively the taxpayers who have borne the loss. This is unacceptable! "

The offensive seeks to convince partners of Germany, when the bloc about to lock a permanent mechanism for rescue of troubled countries. Joined the menu of the June EU summit, the European Stability Mechanism (SPM) should enter into operation in 2013.But in the midst of controversy over a possible debt forgiveness in favor of Athens, Wolfgang Schäuble furbishes also the weapons of those who argue that the creditor banks should immediately take their share of the burden.

Market Discipline

The replica of the European Central Bank did not take long. The chief economist Juergen Stark has denounced as a "catastrophe" scenario of a debt restructuring Greek. It would cause, he said, "collapse" of the economy and banking system in the country. Across the eurozone, it would complicate the use of borrowing for other troubled countries. It would kill the plans in the bud "adjustment" set up for Ireland and Portugal. For Vice-President of the ECB's Vitor Constancio, "The debt restructuring should remain what it is, a final and last resort."

France, she is sticking to its position."It is beyond question, be it restructuring, rescheduling or debt reprofiling, Tuesday assured Christine Lagarde. The only issue at stake is the determination of Greece to implement the program, "austerity negotiated with the EU, the IMF and the ECB.

Expected at the forum yesterday in Brussels, the French minister was canceled. We need more to convince markets that the succession process rigor imposed on Greece, Ireland and Portugal may succeed.

"The political risk of alienating voters'

Deutsche Bank expects a debt forgiveness of 50% to allow Greece to start on a sound footing. "Nobody can argue that Europe now has a satisfactory system rescue, said its chief economist Thomas Mayer.Banks should, too, suffer the discipline of the market and fail if necessary "under the weight of bad loans.

Wolfgang Schäuble added to demonstrate a political argument to deflect the rise of populism. "To constantly refloat private investors, policy makers may simply alienate European voters. It's not for nothing that the EU institutions are perceived as distant, technocratic and locked in a world of impenetrable jargon and insider trading. "To constantly refloat private investors, policymakers may s alienate voters in Europe … "

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A week after the fact, Sony has finally explained the night of 26 April (Paris time), that hackers had stolen the names, addresses, birth dates, passwords and probably the numbers of cards 77 million account holders of its service online video games, PlayStation Network. This service generates approximately $ 500 million in annual sales.

Sony says, however, does not have formal proof that card numbers were stolen, but "can not exclude the possibility". However, hackers do not hold the three issues of cryptograms (on back of card) needed to carry out a transaction online.

$ 24 billion loss

According to the Ponemon Institute, a computer security specialist, the cost of an act of piracy is on average $ 318 per folder.that would cause the injury suffered not wait to 24 billion.

Reactions to the announcement are more virulent quick cash. Japanese media and Anglo-Saxon Unleashed. The group apparently waited to unveil its new tablet before announcing hackers. This lack of reactivity is not reminiscent of Toyota, in a similar context. It had cost the CEO his job by the manufacturer.

The consequences of the attack beyond just the PlayStation Network and Qriocity, its online service platform, the two spearhead Sony's entry point into his world for winning new customers and get them to equipped largely by Sony. The attack against the Japanese giant has been April 19 will probably remain as one of the worst crises in its history.

Sony has announced that it would take another week before restarting its network and enable its customers to play online. But nothing says that all will be waiting for you.

After some hesitation, the euro was again driven up, dollar at 1.4220 on Monday early evening, against $ 1.41 on Friday evening, after concerted action by the G7 to ease the course the Japanese currency. The yen remained, he, always a downward trend, losing 0.7% against the dollar after dropping 2% Friday and 0.6% against the European currency.

Parallel to the stock market recovery, the rebound of the euro reveals a new investor appetite for risky assets, while the Japanese nuclear disaster appears to be cooling."But beware: this movement may be tempered by the evolution of the military situation in Libya," warns Michael Hewson, CMC Markets, the interest of financial markets having moved on for a week -end of the central suburbs of Tripoli in Fukushima …

"Confidence in the euro area is gradually returning," said Kathy Lien, currency trader for GFT Forex in New York, quoted by Bloomberg. "Despite the threats to certain liabilities of the euro area, foreign investors can not ignore this region of the globe."

Monetary stance

The orientation of European monetary policy more sensitive to inflation threat than it is in the United States or in Britain, uses the euro for three weeks low fee payday loans.The European Central Bank said in early March, she was ready to go back next month its key interest rate to avoid "second-round effects" of inflation, that is to say a contagion Imported oil prices to other prices and wages. Having feared a major impact of the disaster on Japan the euro area, and abandoned its proposal, the European Central Bank would be generally prepared to raise its interest rates at its next meeting. On Monday, the announcement by the U.S. Treasury at the beginning of the resale of mortgages – 10 billion dollars a month – has to bend the euro against the dollar.

But the European currency has resumed soon, because despite the resale of assets, the Fed seems determined to maintain a highly accommodative monetary policy during the coming months to support the recovery very slow labor market.Despite an inflation target well above the Bank of England is also very divided on whether to tighten its monetary policy. As for the Bank of Japan, it stands ready to inject as much liquidity as necessary to avoid the financial collapse of the Archipelago.

Unparalleled catastrophe experienced by Japan will lead to a severe impact on the accounts of insurers. The industry giant, AIG, announced Friday night that these events will cause a gross loss of $ 700 million (493 million) at its insurance arm injury Chartis.

In total, the insurer expects a gross loss of $ 1 billion (705 million euros) for its subsidiary in the first quarter 2011, a hole of $ 900 million after tax (635 million euros). In addition to the cost of the disaster Japanese, this loss is cut by "preliminary costs associated with the New Zealand earthquake, winter storms in the U.S., Australian and Brazilian floods and Cyclone Yasi in Australia," says AIG.

The bill may still rise, warns insurer American.This preliminary estimate does not take into account the group's participation in public reinsurer JERC Japanese (Japanese Earthquake Reinsurance Company) responsible for pooling the risks to the sector and to compensate victims of an earthquake on the archipelago.

Uncertain cost

A little over a week after the Japanese earthquake, opinions differ as to the cost of catastrophe for the insurance industry and reinsurance. According to risk modeling company EQECAT, the bill would rise between 12 and 25 billion dollars (12 to 17.6 billion euros). A range that would make it the most expensive natural disaster in history. But this estimate remains below that of another specialist, AIR Worldwide, which expects losses of between 15 to 35 billion dollars (10.6 and 24.6 billion euros).

The rating agencies consider that these figures do not endanger the insurers and reinsurers. "The losses should be absorbed by the sector without causing serious solvency problem or special financial strains," said Fitch Ratings in a note published Friday. Her colleague Standard & Poor's added that insurers have a strong financial position to face these hardships.

All, however, remains cautious. The cost of the disaster could still be revised upwards. And, as the consequences of the nuclear accident in Fukushima on the health of survivors, yet unmeasurable, insurers in the coming years could be heavily involved.

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The hesitation is expected to dominate the Cac 40 on Wednesday as shown on the future index showed a slight decrease from 0.22% to 3775 points. Parisian operators could indeed follow the positive momentum from Asia this morning, which allowed the Japanese Nikkei to close on a technical leap of 5.68%, and led the other places in the region in green. Intensive hunting for bargains in the indices increased in a climate a bit calmer after further intervention by the Bank of Japan (BoJ). This has injected 3.5 trillion yen Wednesday (31 billion euros) in the money market, bringing to 26,500 billion yen (234 billion) the total sum provided by the BoJ to the interbank market since Monday.

In Paris, the operators could also benefit from securities sold off after a session where the CAC 40 lost 2.51%.The drop yesterday was in fact widespread in all European markets, and also affected but to a lesser extent, U.S. exchanges.

However, the trust is not fully restored while the nuclear situation in Japan remains very critical. Radioactivity measured at the entrance to the central Fukushima reached a new peak around 10:45 am local time, reported the Japanese Nuclear Safety Agency. "The level of radioactivity near the entrance varies greatly from hour to hour at levels that continue to be harmful to health," said government spokesman Yukio Edano. In addition, a strong earthquake occurred Wednesday at mid-day (this morning in Paris) east of Tokyo, where buildings have long trembled.

New flurry of indicators in the program

Markets should also keep an eye on indicators of the day, again numerous.In Europe, registrations of new cars rose 0.9% yoy in February, the first bounce after ten consecutive months of declines, according to figures released Wednesday by the European Automobile Manufacturers Association (Acea).

Has yet to be released price index last month's consumption for the euro area. United States, the Labor Department will publish the price index for production at 13.30. At the same time will the housing starts and the balance of current accounts. Finally, at 15:30 will be published weekly petroleum stocks.

On the currency markets, the euro has stabilized at 1.3977 dollar.

Values ​​to follow

The reaction of securities exposed to the disaster Japanese will again be monitored.Among them, Areva, Scor, PPR or LVHM guaranteed pay day loans.

EDF

The electrician French and Italian A2a confirmed Tuesday the six-month extension of their shareholder pact in Edison to take the time to reach agreement on the restructuring of their partnership.

In addition, the group is preparing to send "teams" and "equipment" in Japan to help the company Tokyo Electric Power (TEPCO), which operates the nuclear plant in Fukushima, cope with the consequences of the tsunami, said Wednesday the company's CEO, Henri Proglio on RTL.

L'Oreal

The president of Yves Saint Laurent Beauté, a subsidiary of LVMH, told Reuters that his company intends to almost double its turnover in five years to reach the one billion euros, thanks to the lever Asian and climb well the club of top five global brands of cosmetics.

Alstom

The CEO of Alstom, Patrick Kron, said he still opposed the entry of Mitsubishi Heavy Industries in the capital of Areva.

Renault

The money paid by the manufacturer to pay the false information intended to support the charges of espionage brought against three of its executives has been partially solved in a Swiss bank account opened by one of his security guards, shackled Duck wrote on Wednesday.

Bollore is optimistic

Bourbon

The group released Wednesday 2010 earnings fell sharply, mainly because of difficult market conditions, but the group estimated that the average utilization rate of its fleet to continue to improve gradually.

Transgene

The group referred to tackle 2011 with confidence even though the French biotechnology company has continued to widen its loss in 2010 and some of his projects have been delayed.

Mersen

The group said Wednesday expect for 2011 a slight improvement in profitability and renewed growth, albeit slow, its sales from the electronics and solar energy.

Bolloré

The group reported a 40% increase in operating profit in 2010 thanks to its growing transport business, logistics and port handling.

Zodiac Aerospace

The group raised its revenue forecast for 2010-2011 after a second quarter better than expected thanks to the recovery of the aviation sector.

EPA will report on its February traffic. Ruby, Stallergenes and Boiron reveal their annual results after market close.

"France has lost 84 billion with the crisis

"Volume of hours worked inadequate

"Higher taxes elsewhere

"The share of wages in the highest in 15 years

"A rapid rise in labor costs

The presidential campaign has begun. The MEDEF, at least, with the publication of "Showdown", the diagnosis of the French economy performed every two years by the employers' organization. "It must be the basis of all discussions, all ideas, all thoughts that may be presented in 2012, said Laurence Parisot.

"" Be positive, "said Laurence," said Pierre Nanterme, head of Accenture, president of the Economic Committee of the MEDEF, and as pilot of the book. Yet the picture is invariably dark. French companies suffer from a lack of structural competitiveness.The crisis is over there and has exacerbated the situation. Companies have seen their margin drop below 30%, its lowest level for twenty-five years. "A diagnosis beyond doubt is already at half of the solutions," says Pierre Nanterme.

But the report does not avoid some minor provocations likely to generate controversy with the unions.Noting that the share of wages in value added increased by 3 points in ten years to reach 67.7%, Medef pretends to be concerned: "France is the only country where wages are rising faster than production This is not sustainable unless further weakening the competitiveness of businesses. "The fault, a little to rising wage income – especially with the increase in the minimum wage during the 35 hours – and much to the heavier taxes levied on wages (payroll, 1% housing, transport payments business cards…).

Fighting "equal footing"

But it regards the importance of taxation that Medef goes furthest in challenging the industry standard is to calculate the weight of tax burden (taxes and charges) to GDP."This calculation underestimates the burden of compulsory contributions paid by the private sector in countries where the public sector contributes significantly to GDP," says one in the organization of Grove Street. The latter proposes to measure the weight of taxes paid by businesses compared with 1.1 trillion of wealth they actually occur. Seen in this light, the tax burden represent 26.4% of the value added of French companies. "It's like siel had to work until mid-April to pay their charges and taxes," said the MEDEF, whereas in England they are working "for them" early March and Germany in mid- February. Conclusion: French companies are not fighting "equal footing" with their rivals, Pierre Nanterme regrets.Laurence Parisot judge therefore urgent to return to a "fair competitiveness" – the motto for a year.

It goes through five levers: better guide young people, encouraging research, reduce labor costs, reduce levies on businesses, improve the efficiency of public expenditure. How? The specific responses are returned at the end of the year, when the MEDEF released after "Need air," his book-2007 program. The President of the MEDEF, which likes anglicisms, has the art of teasing.

France has lost 84 billion with the crisis

Despite a decline in fourth quarter, Samsung shows an annual profit up 40% in 2010 to 16,150 billion won (10.6 billion) with sales up 13.5% over 101 billion euros. Korean displays an insolent net margin of 10.4%, against 7.2% in 2009. The cash of 14.7 billion euros it also leaves the field to fund its various expansion plans.

Samsung bringing a growth of 40% of the market of mobile telephony this year, to nearly 1.4 billion phones sold worldwide, with a marked acceleration in demand for Smartphone. Korean has much advantage of this craze and put on a doubling in sales of smartphones this year. The good performance of the S Galaxy, its flagship Android-powered smartphone to maximize the incentive cash advance loan no fax.With 10 million copies sold in one semester, it represents one third of iPhone sales. The tablet group, the Galaxy Tab, also honorable debut on the market.

Good behavior screens

The Korean has nevertheless been affected by falling prices of components (memory and LCD panels) for the computing market and television. But he believes that a low has probably been reached. And to expect a recovery or stabilization of prices. Supply difficulties encountered by some manufacturers and a rebound in commodity prices are likely to contribute to relief of rates. In addition, Samsung will expand its range of TV screens to meet the growing demand for LCDs, especially in the entry level.

Airbus beat Boeing on the line in the battle orders for new planes in 2010, Airbus crossing the symbolic passing of the 10,000 sales with a five-billion dollars spent by the company of Richard Branson, Virgin.

An avalanche of orders received at the last minute allowed the 100% subsidiary of EADS exceed its eternal rival American at the very end of the year, maintaining its number one spot for the third consecutive year in net.

Airbus, which gives its trade performance to a strong market recovery in emerging markets and in the segment of low-cost airline, has reported 644 orders for the last year, totaling more than $ 84 billion ( 63.4 billion euros) at list prices, against 625 units for Boeing. In late November 2010, Airbus was still lagging behind Boeing in the matter.The single month of December was marked by 200 orders for the European manufacturer.

"These figures show that the economic situation is improving. We avoided the specter of a new dive into recession. The civil aviation market has regained growth through Asia, with low cost carriers and emerging markets, "said John Leahy told reporters, commercial director of Airbus. He added: "Oil prices are the only negative point on the horizon."

The figure for 2010 reflects a firm order for 60 A320s at Virgin America, including Richard Branson owns a minority, low-cost airline based in California becoming the first confirmed client version A320NEO supposed to generate fuel savings 15%.

The transaction was finalized at the end of last month and is recorded in the 2010 data.But Airbus and Virgin have preferred to wait for the annual conference of the manufacturer to announce, both symbolically to mark the thousandth order and to put the company on the front of the stage.

Record number of deliveries

Airbus announced last week an order of magnitude potentially historic placed by the Indian airline IndiGo, including on A320neo 150, but the contract has not yet been finalized.

Adjusted for cancellations, total new orders for Airbus aircraft to 574 spring, weighing a total of $ 74 billion (again based on list prices) against 530 for Boeing, which gives the manufacturer a European market share 52% make quick cash.

The two world leaders in civil aviation is currently surfing on a strong wave of orders initiated by the global economic recovery and amplified by the high oil prices, which encourages companies to develop faster than expected new aircraft consume less fuel .

For the eighth consecutive year, Airbus delivered more planes than Boeing in 2010, also crossed the milestone of 500 units for the first time in its history.

Airbus delivered 510 aircraft last year, against 498 last year, nearly 50 aircraft of more than 462 units delivered by Boeing, a figure down 4% compared to 481 by 2009.

Airbus chief Tom Enders said that the total number of deliveries would be increased to 520-530 aircraft this year, adding that total orders for 2011 should be higher than supply, without giving more objective accurate."The year 2010 was above our expectations. We will have a more optimistic assessment of 2011, "he said. Airbus recorded a turnover of "some 30 billion" last year, against 28.067 billion in 2009, sued Tom Enders.

Up to 3,000 hires in 2011

Aircraft manufacturers receive most of the prices of their equipment at the time of delivery, which generally occurs 18 months after taking command, or even later.

The president also said Airbus consider raising the production target to 10 A330/A340 aircraft a month. The demand for the A330 has been boosted by the delay in the Boeing 787 Dreamliner, whose first delivery should be delayed again after an electrical fire occurred on board an aircraft during a flight from test.

The European manufacturer Airbus could hire up to 3,000 people in 2011 in Europe, half in France, to meet increased production rates and ensure the development of new programs, said Monday its leaders . "Given the attrition, which represent about 1,500 people a year, we could achieve a workforce of 54,000 employees at the end of the year," said Thierry Baril, Human Resources Director (HRD) Airbus, in conjunction with the annual conference of trade balance of Airbus in Toulouse.

Between Free and SFR, the battle increases. Free had scored a point in December by making free calls to mobile subscribers of its new Internet box "Revolution." Today, SFR reply: French number two mobile will include effective January 18 calls to mobiles in its new flat rate Internet box "Evolution", as revealed last night the Twitter site specializing N9ws.

It remains to be seen whether Orange will follow suit. For even if the price of calls from fixed to mobile has dropped, they remain an important item in the invoice, sensitive to the subscriber cash advance.

SFR, which gained 329,000 new subscribers in the first nine months 2010, hopes to continue to lead the race.

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