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Athens finally got the good report from Brussels. The European Commission ruled Wednesday that the savings plan acceptable Greek. "The Commission shares the ambitious deficit reduction that the Greek government has set, and the fiscal and structural reforms announced in the stability program," she said in a statement.

Greek Prime Minister George Papandreou, had presented new budget measures, including freezing the salaries of all officials at the last moment on Tuesday evening. The Commission appreciated the welcoming approach.

The approval of Brussels is not a blank check Payday Loan for Bad Credit .The Commission "calls on Greece to explain the tax measures announced and the timetable for their implementation in the coming weeks" and ", more detailed measures to be implemented in 2011 and 2012.

Athens will be placed under surveillance and will be an infringement procedure for lack of reliability of its statistics.

After the announcement of the Commission, the Greek bond yields back down to 6.516% against 6.742% on Wednesday morning around 8:30.

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Following an article in financial daily Les Echos, published on Monday, announcing the forthcoming elimination of certain routes deficit (axes Paris-Arras, Lille, Strasbourg, Nantes and Strasbourg), the Secretary of State for Transport, Dominique Bussereau said on RTL on Tuesday, ensuring that no TGV line would be removed. "The SNCF is a public company, it belongs to all French", said Dominique Bussereau. The state is 100% majority, and naturally she has goals of profitability, competition. Still it has a public service missions, missions planning.

A spokesman for the SNCF had indicated on Monday: "There is no specific plan for the removal of sailings," but a "matching supply with demand." A communication that does not convince Dominique Bussereau."I found the denial of the station a little soft, so I say things clearly," said Secretary of State.

No conflict with William Pépy

Dominique Bussereau has refuted the idea that the future increase in tolls, to finance the renovation of the rail network and that the SNCF, could jeopardize the TGV model. "I said that if the state increases in tolls is that the first line paid by taxpayers are also used by foreign trains," he said. "It is that everyone pays, and that the French taxpayer does not subsidize one day railways German or Italian.

Secretary of State for Transport has also denied being in conflict with the president of SNCF Guillaume Pepy, hostile to the higher tolls. "Guillaume Pepy is an excellent president of SNCF, he said.Just when we increase the tolls, two-thirds to leave the station since RFF (Reseau Ferre de France) gives money to the station for which manages and maintains the infrastructure. It's give and take. "

Wall Street should open in a tone slightly negative on Friday. However, publication of results in the fourth quarter of giant Intel on Thursday night after-hours trading was better than expected. But the JP Morgan Chase established the doubt. The day before the U.S. markets have closed up slightly, despite the disappointing statistics across the Atlantic. The sectors of health and technology have supported the trend.

Earlier Friday morning, Asian stock markets closed broadly in the green. Tokyo The Nikkei ended the session up 0.68% at 10,982.10 points. The Hang Seng in Hong Kong, however, ended down 0.3% to 21,654.16 points as investors still worried about a possible tightening of Chinese monetary policy.

The Dow Jones, S & P 500 and Nasdaq retrograde by 0.2%, 0.3% and 0.16%.Shortly before they were further back but the index of industrial activity in the New York area has accelerated sharply in January, according to the Empire State index released Monday, to 15.9 points, much higher than the waiting analysts.

The President's speech yesterday, Obama did not surprise the markets. As announced by the spokesperson of the White House, a proposed tax of fifty largest banks will be presented to Congress in the coming weeks. According to the Financial Times, the U.S. Treasury would press other countries to also adopt a tax on banks.

New wave of statistical significance

Even today, the news on the economic front should shake the markets.The consumer prices in the United States rose by 0.1% in December, bringing inflation over the whole of 2009 to 2.7%, according to figures released Friday by the Labor Department. In the short term, the inflation risk sembre low.

Industrial production in the United States rose in December by 0.6%, as expected by analysts, according to official figures published Friday, but this increase was primarily allowed by having an unusually cold boosted the energy sector.

Intel and JP Morgan Chase surprised

Intel (-1.27% to 21.21 U.S. dollars) Thursday confirmed the resumption of its activities, with net income nearly tenfold in the fourth quarter of 2009, which allowed him to limit to 17% decline in annual net profit, to 4.369 billion dollars. This exceeds the expectations formulated earlier by analysts.Conversely, Microsoft (0.71% to 31.18 dollars), IBM (+0.28% to 132.68 dollars) and Cisco (+0.16% to 24.99 dollars).

Boosted by a return to growth in the fourth quarter, PC sales grew by 5.2% in 2009, according to a study by analyst firm Gartner published yesterday. Acer dethroned Dell (-2.38% to 14.35 U.S. dollars) in second place worldwide.

This Friday, JP Morgan Chase (-1.70% to 43.93 dollars) has announced having doubled its net profit in 2009 to 11.7 billion dollars. Per share, net income reached 74 cents per share in the fourth quarter, against 62 held by analysts. In the fourth quarter alone, the bank has increased by more than four net profit to 3.3 billion dollars. The bank's CEO, Jamie Dimon, welcomed the news that the bank in late 2009 enjoyed a "very strong capital ratios Tier 1 of 11.1%.But the cost of risk (failure to pay on credit) remains "high". The bank especially in its accounts last quarter to 7.3 billion dollars in reserves to cover these risks.Morgan Stanley lost 2.60% to 30.39 dollars, Goldman Sachs 1.25% to 166.42 dollars, and Bank of America 1.96% to 16.49 dollars.

Citigroup (-1.71% to 3.46 dollars) would be decided by the Financial Times, to cap the bonus at $ 100,000.

Market research firm NPD has revealed sales of video game consoles in the United States for year-end 2009 total, the three major manufacturers have passed 40 million consoles in 2009, including 20 million for the Wii Nintendo, 10 million for the Xbox 360 and 10 million for the PlayStation 3 (PS3) by Sony, thanks to an aggressive policy of lower prices.

In addition, Verizon Communications (-1.19% to 30.85 dollars) will host a conference on its wireless subsidiary, which is partly owned by Vodafone (-1.78% to 22.10 dollars).

Oil retreats, dollar strengthens

Side materials, oil slipped below the 79 dollars a barrel and connects its fifth session lower after the report of the International Atomic Energy: global consumption of oil should rebound by 1.7% in 2010 fully supported by demand from emerging countries and Asia, after falling 1.5% in 2009.

The dollar is strengthening against the euro, which is penalized by the situation in Greece after the publication of inflation. One euro is worth 1.4395 dollars.

The CAC 40 continues its progress towards the 4000 points. The latter closed up 0.88% to 3947 points in a market where trading volume remained low (1.170 million). Optimism is the same in most international markets. The Frankfurt Stock Exchange broke the 6,000 points for the first time since September 2008. In Asia, the indices were equally oriented, taking advantage of such remarks by the Chinese premier, who has called for further fiscal stimulus in his country.

The British markets will be closed at the Boxing Day. No indicator is expected today, neither Europe nor the United States.

As for the oil markets, a barrel of light sweet crude trading at $ 78.75 (+2.09%).The euro rose to 1.4395 dollars (0.14%).

Mixed reaction to the disappointment of the consortium

The CAC 40 is pulled by the title GDF Suez (1.85%). For its part, EDF is 1.23% to 41 euros. According to the Sunday Telegraph, the sovereign fund Abu Dhabi Investment Authority is considering joining the Canadian Pension Plan for an offering of eight billion dollars over the distribution of electricity to EDF in the UK. Total wins 0.82% to 45.37 euros. The three titles are rising stock market while they were part of the consortium, unsuccessful competitor for the contract of 40 billion dollars in the United Arab Emirates to build and operate four nuclear reactors. Only Areva, which was also part of this consortium, fell by 1.81% to 344.40 euros.

From their side, banking stocks such as Credit Agricole (+1.23%) and BNP Paribas (1.19%) are directed upward.Societe Generale is also shaped by mid-session (1.20%). The group could have a new shareholder in the person of the Russian businessman Vladimir Potanin. The shareholder of Norilsk Nickel said Friday it was considering the possibility of taking a minority stake after 2010. Out CAC 40, Natixis lost 0.67% to 3.41 euros.

Cyclicals well oriented

The good figures on car sales in December also bring mixed reactions on the stock exchange. Peugeot is an increasing trend (1.51%) but not the Renault brand (-0.03%). As for suppliers, Michelin signed the largest decline of ACC (-0.61%) and Faurecia loses 1.07% to 15.25 euros. Valeo gained 0.25% to 24.5 M €.

The cyclicals are well oriented. Saint-Gobain is 2.40% to 38.48 euros, and sign the second best performance of the CAC 40, while Schneider Electric gained 1.41% to 80.03 euros.In contrast, defensive stocks are declining in the image of Lafarge, which lost 0.31% to 57 euros.

Sperian gaining 3.15% to 50.90 euros. The group announced Monday the signing of five banks with an agreement to refinance its debt coming due in June 30, 2010.

The Safran Group is Monday affix his signature on a contract worth $ 5 billion (about 3.3 billion euros) for the supply of aircraft equipment manufacturer in China Comac, announced the Chief Executive Safran, Jean-Paul Herteman. The boss of the French group is currently in Beijing with Prime Minister Francois Fillon. General Electric teamed up with Saffron, obtained a contract with a value equivalent.

The initial contract is focused on supplying engines to the X Leap C919 aircraft manufacturer Comac, future competitor of the Airbus A320 and Boeing 737, whose launch is expected towards 2016.The latest generation of engines are still being developed by CFM, a joint venture of Safran and GE for aircraft engines.

A contract that could reach 15 billion over thirty years

"This is an important contract, launching a new aircraft that happens every ten, fifteen years," he told reporters Jean-Paul Herteman. The amount of the contract could rise to 15 billion dollars and create between 8,000 and 10,000 direct jobs in France and three to four times more for subcontractors in thirty years. "The Chinese market represents 20% of the aviation market in the world 20 years ahead," stressed the president.

Comac The Chinese group was founded in May 2008 in the optical display to create a major aircraft manufacturer in the country, while the country would need more than 3,000 airplanes in the next twenty years, according to analysts.

After a first trial concluded in the spring, the "floating balance" have reappeared in stores in recent days.

"Find the point on the organization of these balances fall

Get advantage of this new period balances? Have you done good business, or noticed a difference with the traditional summer sales and winter?

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