Remember, the movement is to protest against the proposed reduction in the number of cabin crew in some aircraft, as well as against a reform of the evaluation of these same individuals. The conflict has generated over the weekend a battle of numbers between unions and management. According to the latter, there would be 30% of strikers. The UNSA has instead assessed the proportion of strikers to 65% Sunday, after 50% Saturday payday loan.

"Management is currently parades, but it can not hold the road in five days," said Gaëlle Sibril, steward of Southern Air. "That's why we filed a notice of strike for five days because we know they can be organized over two days but no more," she added. Didier Foussat union FO-SNPNC, "the strike will ramp up because all the volunteers PNC reserves are currently using." For him, "we arrive at a peak" from Monday. "From experience, the third day, ie Monday, which will be very complicated," Judge Philippe Sports Meanwhile, the UNSA.

Player Figaro BFM

Half a solution for excess fees

MEPs adopted an amendment to try to remedy the excess fees excessive. They left until the end of January to physicians, the social security and complementary health for themselves conclude this endless soap opera.

These doctors are the "fall guy," said Yves Bur UMP. Xavier Bertrand has promised, without further detail, to consider their case, "that they are not satisfied with a handshake." The Minister of Health has recognized, with several members of the left and right, that the real problem was the insufficient appreciation rates Safely surgeons for years low fee cash advance. But open the sector a future system would have displeased the French Mutuality and part of the majority. The Bloc, the majority among specialists involved, says it is ready to discuss, exchange, regulation of excess fees in sector 2.

Abandonment of the CSG on parental leave

The idea was unanimously against it: the government has decided not to submit to a CSG 6.2% of compensation paid in case of parental leave.And are defrauded to the detriment of social organizations will be excluded from debt cancellation plans in case of insolvency.

Cooling-off period on sick leave benefits

The government had reduced by 6% allowances of sick leave, saving 220 million. Outcry, including the right, Yves Bur proposed an alternative: a fourth day waiting period before paying those benefits. It would cost to low-wage "twenty euros, once a stop, instead of 30 or 40 euros a month," he said. People in long illness would be less penalized, unlike those that increase stops short. Xavier Bertrand has promised to think about before the final vote of the text.

"It will take place, and this is probably a matter of months, the issue of financing of our welfare. It will probably include the participation of imports. "In two sentences, the head of state made it clear that social VAT probably figure prominently in its program during the next presidential campaign. The mechanism is to fund Social Security by a consumption tax, so among other products imported from countries practicing "social dumping". In exchange, the contributions that affect the cost of labor is lightened, in order to gain competitiveness – a leitmotif of the presidential intervention on Thursday night. Social VAT is not exactly a topic that shares the political class on the line right to left as usual low fee payday loans.Manuel Valls, only the PS, is favorable, as the centrist Jean Arthuis or UMP Jean-Francois Cope and Valérie Pécresse, Xavier Bertrand and others in the majority are reluctant, fearing an inflationary effect, so a loss of purchasing power of households.

The president has however ruled out any attempt at protectionism to fight against offshoring. Establish tariffs would "make sense", he decided, in a clear allusion to the "de-globalization" praised by Arnaud Montebourg.

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The day before, Asian stock markets had already declined, lead-talk statements of Greece announced that it would lack its fiscal targets.In the process, Europe had closed down, followed by Wall Street where the Dow Jones dropped 2.37% to 10.655 points and the Nasdaq 3.29% to 2336 points.

Monday evening, the finance ministers of the Eurogroup have pushed the "the month of October," a decision on a new tranche of EUR 8 billion, needed to Greece.Despite the announcement of new measures by Athens deficit, the markets fear more than ever a default of Greece.

Oil down and the yen at the highest for ten years

"In addition to the growing European concerns, there are also fears about the level of the yen and its impact on the results of Japanese companies," said Hiroichi Nishi, a broker at Nikko Securities SMBC fast payday loans.

Nippose currency, considered a "safe haven", is indeed at record levels: about 7 o'clock this morning, the euro bought 101.21 yen against 102.6 yen on Monday morning. During the day Monday, he even reached 100.96, yen, lowest in a decade. The dollar also declined against the Japanese currency to 76.59 yen against 77 yen on Monday morning. The rise of the yen penalizes income from Europe of Japanese exporting companies.

Oil markets, concerns about the global economy weigh on prices: a barrel of "light sweet crude" for delivery in November lost $ 1.11, to 76.50 dollars in early electronic trading. A barrel of Brent North Sea crude for November delivery gave up 92 cents to 100.79 dollars.

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Elsewhere in Europe, falling 2.03% London, Frankfurt and Madrid 2.54% 2.34% 1.75% and Milan.

Greece announced Sunday night that it would lack its budget deficit targets. The second Country Assistance Plan will be on the menu for more discussion this week: Monday, finance ministers of the euro area will meet in Luxembourg to 17 pm and Tuesday, those of the entire European Union.This will then be the turn of the Franco-German Nicolas Sarkozy said he expected to meet German Chancellor Angela Merkel "in the coming days in Germany" to discuss in particular "ways and means to accelerate economic integration the euro area ".

The private sector activity in the euro area at its lowest for 25 months

Also note, the new car registrations in France are divided down in September after the brief respite in August, returning to the trend observed since the disappearance of the scrapping, according to figures released Monday.They were down 1.4% unadjusted and 1.4% also comparable number of working days from September 2010 to 167,600 units, according to the Committee of French Automobile Manufacturers (CCFA).

The private sector activity contracted in September in the euro area, the PMI purchasing managers' standing at 48.5 points against 50.7 in August, according to a second estimate released Monday. This is the index the lowest in 25 months, Markit said the company, which publishes the index.

In this context, oil prices have opened lower. A barrel of "light sweet crude" for November delivery lost 50 cents to 78.70 dollars in early electronic trading.A barrel of Brent North Sea crude for November delivery gave up 77 cents to 101.99 dollars.

As for currencies, the euro lost ground and is worth 1.3315 dollars and 102.6 yen, against more than 104 yen in the middle of last week.

Dexia degraded by Moody's

The title of the Franco-Belgian bank collapsed Monday in the Paris Stock Exchange, after rating agency Moody's Investors Service had threatened to lower its rating, because of fears about its liquidity personal loan for poor credit. In early trading, the value lost 11.54% to 1.28 euro, after being briefly suspended for dropping too fast to open.Halfway through it limited its losses slightly receding 8.78% to 1.32 euros.

In the wake of Dexia, BNP Paribas let go just under 6% in mid-session, Credit Agricole and Societe Generale 4.9% near 6.5%.

AXA (-4.14% to 9.49 euros)

The first offers for Axa Privaty Equity (AXA PE), the division of equity sold by Axa, must be filed early next week, according to sources familiar with the matter.

Renault (-2.67% to 24.40 euros)

The group announced Saturday the construction of a new plant in Brazil and the expansion of another existing site to boost its presence in the fourth global automotive market.

France Telecom (-2.24% to 12.02 euros)

European Commissioner Neelie Kroes digital strategy is expected to announce on Monday that the EU wants to reduce the revenue that incumbents derive copper telecommunications networks to boost investment in fiber optics.

Air France-KLM (-3.28% to 5.36 euros)

Alexander Juniac could take the management of Air France in January in favor of a reorganization of the Air France KLM with Pierre-Henri Gourgeon retain the reins, according to La Tribune published on Monday.

Steria (-3.96% to 12.14 euros)

The computer services company was awarded a public contract with the French Ministry of Budget, Public Accounts, the Civil Service and State Reform, to ensure the implementation of the Information System (HRIS) to several departments that will ultimately pay more than 3 million employees of state.

Hermes (-4.23% to 216.30 euros)

The group currently finds no sign of spending restraint to its customers despite a darkening economic outlook, said Sunday the manager of the French luxury group on the fringes of Paris Fashion Week.

Carmat (18.20% to 102.82 euros)

The designer of the total artificial heart on Monday announced that preclinical data will be presented at the 25th Annual Congress of the European Association for Cardiothoracic Surgery in Lisbon on October 4.

The system set up involves monitoring remote computer. But not to frighten the people involved, the main unit is television, connected to the Internet. "The equipment costs about 6,000 euros full, two months' rent in a nursing home," said Philip Bell, general manager of Toshiba-Cebea, a subsidiary of Toshiba dedicated services.This includes television and home automation equipment, including a smoke detector, a wristband alarm in case of fall and appliances suitable for pathology (blood pressure, diabetes control …). Then, the service costs 200 euros per month, including Internet access.

"This allows medical personnel to perform remote controls, but also the patient to easily get in touch with family members through a videoconferencing system on the TV," said Philip Bell. Medical staff and the senior may also contact by mail, through an electronic pen. Just write on a single sheet, the text is automatically entered and the e-mail sent when the pen is rested on its base low interest rate personal loans. Forms to the attention of nurses and doctors have also been developed: just check the right boxes with the electronic pen and they are added to the medical record.It also allows for monitoring of medication, food … "We found that health staff was not comfortable with a keyboard, where the idea of ​​electronic pen, said Philip Bell . We are also working to develop a speech recognition system. "

Recurring revenues

For Toshiba, the objective is to develop this service at the national level but also in other countries. Japan pays attention to the experience of Alsace. Beyond the societal issues related to aging, a new economic model that is emerging. This type of service should allow the manufacturer to generate recurring revenue through subscriptions.

"The rise of the TV connected through the development of local services," added Philippe Delahaye.Most TVs sold today by Toshiba can be connected to the Internet, or consumers do not always use this function. By bringing seniors to the technology, Toshiba is not only the population but also those around them: Health care workers, children and grandchildren.

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For now, the markets show their confidence in the ability of the euro area to help Athens to prevent the country are lacking, and is forced out of the single currency. At the end of their conference, the Franco-German and was convinced "that the place of Greece is well and truly in the euro area." But on one condition, also very explicit: "The implementation of strict and effective recovery program of the Greek economy supported by the countries of the euro area and the IMF and which conditions the disbursement of future tranches of the program. "George Papandreou was quick to deceive, confirming" the absolute determination of his government to take all necessary measures to implement all commitments. "For the budget minister Valérie Pécresse, what the Prime Minister of Greece were "reassured" the euro area, she said on Thursday LCI.

The U.S. maintains pressure on Europe

To this, add the announcement of the Brics (Brazil, Russia, India, China and South Africa) said on Wednesday they could increase their holdings of bonds denominated in euros. Brazil has such willingness to participate in a "global effort" against the economic crisis that affects rich countries, said the same day the President of Brazil Dilma Rousseff. Meanwhile, Italy, whose rates have soared during bond, has denied media reports that she would have asked China to invest in debt.

U.S. side, however, no way to release the pressure on Europe.It "must do more" in the words of Timothy Geithner, U.S. Treasury Secretary, who must participate in a meeting Friday of finance ministers in Europe. In an interview Wednesday on the financial channel CNBC, he considers, however, that the Europeans "has the capacity" to resolve the crisis, seeing as a good thing that they "recognize that they are late."

Note that Christine Lagarde, Executive Director of the IMF, should give a speech in Washington on "Challenges and solutions for the global economy and the IMF" to 16 hours. While Ben Bernanke, the Fed chairman, should speak at a conference in Washington on the regulation of systemic risk in the early afternoon.

Oil prices continue to fall

On the macroeconomic front, figures on employment in the euro zone for the second quarter are expected, and inflation in August.

In France, the trade deficit is expected to reach 75 billion euros this year, a new sad record after the 56 billion euros recorded in 2008, says Les Echos.

For its part, Spain on Thursday to conduct a bond issue.

Finally, many figures are expected in the U.S., including inflation for the month of August, the current account balance in the second quarter, the weekly claims for unemployment and industrial production for the month of August .

On the foreign exchange market, the euro appears down 0.16% to 1.372 dollar on Thursday. In turn, oil prices continued to fall, after figures showing a decline in demand for refined products in the United States, and while the markets remain worried about the situation in the euro zone, analysts said.In early electronic trading, a barrel of "light sweet crude" for delivery in October lost 43 cents to 88.48 dollars per barrel of Brent North Sea crude for October delivery 53 cents to 111.87 dollars.

Values ​​to follow

• Banking

The banking sector, including Societe Generale (0.29% to 17.43 euros), BNP Paribas (1.04% to 27.18 euros) and Credit Agricole (1.80 to 5.31%) will be once again scrutinized by investors. The crisis became systemic, according to a document sent to the European Union finance ministers and obtained by Reuters, which also recommended a further strengthening of bank resources. In addition, two out of three French believe that the weakening of the banking sector related to the debt crisis could threaten their economies, according to a CSA poll released Wednesday to Les Echos.

• LVMH (1.25% to 113.20 euros)

The group announced Wednesday it had chosen Jordi Constans, come to Danone, to succeed Yves Carcelle at the head of Louis Vuitton in 2013.

• ArcelorMittal (2.68% to 13.23 euros)

The company promised to stop its steel plant in Florange (Moselle) would be temporary, said Wednesday the French government.

• Areva (2.04% to 21 euros)

The nuclear expert will present its strategic plan in early December through improved operational performance, an adjustment of investment and possible asset sales, said its president of dirctoire in an interview for Echoes.

• Publicis (0.56% to 30.66 euros)

The group announced Thursday the acquisition of 100% stake in a public relations agency in the United States, Schwartz Communications, which specializes in technology and health, for an undisclosed sum.

• Bouygues (0.53% to 24.86 euros)

Wednesday, Bouygues Construction, through the company Eirene, delivered the first 53 service centers and respond to the DIT (Directorate of transport infrastructure under the Ministry of Ecology, Sustainable Development, Transportation and housing), according to Reuters.Eirene now provides maintenance and management of these buildings for 28 years.

• Technip (0.76% to 67.89 euros)

The French group of Petroleum Engineering has won a contract for facilities ammonia-urea fertilizer in Port-Gentil (west of Gabon), from Gabon Fertilizers Company, said in a statement.

• Cellectis (6.02% to 5.99 euros)

The company will acquire the Swedish company Cellartis specialist tools for research and development in vitro derived stem cells, as part of a contract valuing the approximately 33.8 million.

• Hermes

The luxury group said that trading in its title would be suspended Thursday pending the decision of the Court of Appeal of Paris on the exemption granted by the AMF on the buyout of minority interests.

A situation that the political leaders finally responded. "A nationalization of French banks is totally premature and beside the point," said this morning the Minister of Industry, Eric Besson, on RMC / BFM TV. The latter said that the banks have "very well" stress tests Europe last summer.

If right, then we answer in the negative, this is not the case on the side of the Socialist Party.Thus, to François Hollande, the Socialist candidate for the primary, "If it happened that there is a lack of Greece and the banks are brought to realize losses, there would be an appeal to the State, as in the subprime crisis. The state should not lend to banks, but must take a stake in their capital, "he told the Journal du Dimanche.

"The banks have lied to us in 2008"

For their part, EU officials remain confident in the strength of French banks. The President of the European Central Bank, Jean-Claude Trichet, has confirmed that central banks were ready to provide liquidity to banks should they need it cash advance loan. "Whatever the scenario Greek and therefore regardless of the provisions to go, French banks have the means to cope," said Christian Noyer, Governor of the Bank of France.

What some experts do not agree. "Banks have lied in 2008 and probably still hiding toxic chemicals in their balance sheets," said Marc Fiorentino, CEO of Monfinancier.com, the JDD. Societe Generale has just announced a new savings plan which relate primarily toxic assets, mainly U.S., made unwanted by the financial crisis and the explosion of the market "subprime" U.S..

For the expert, "The State must enter the capital of French banks up to 30%." Which he said would cost taxpayers between 50 and 100 billion euros. Same story on the side of Dessertine Philippe, Director of the Institute of High Finance. "The state is the only one who can help banks recapitalize," he says.The question is how the state will fund this operation and especially if nationalization does not require that other European countries do the same.

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For many members of the Finance Committee, the government was wrong to brutally suppress the abatement system. "This chopper's austerity plan is absurd, asserts the centrist MP Charles de Courson. It will freeze sales. Transfer taxes, which are sitting on real estate transactions and represent a significant tax revenue departments and municipalities, will collapse. "The deputy also fears an increase in under-the-table, in order to limit the most capital gain to report.Many also fear a destabilization of the market for rental investment.

Members of the Finance Committee, under the aegis of their rapporteur UMP Gilles Carrez, have decided to table an amendment that will restore an allowance of 5% per year after five years free online credit report. What can a total exemption from capital gains tax at the end of twenty-five years. They also want to refer to 1 December 2011 or January 1, 2012 implementation of this measure.

But there's a catch: Bercy awaiting the removal of allowances 200 million savings in 2011 and 2.2 billion in 2012. The restoration of a 5% reduction would cost 900 million full year. Aware of the need to preserve public finances, Gilles Carrez proposes to increase the tax on patents."This is a measure anticompétitivité," retorted Bercy where people still say "open to discussion as long as the deficit does not widen."

A gesture is expected

Reportedly, the Budget Ministry is prepared to make a move on entry into force of the measure on second homes (which could be a little delayed) and would eventually restore a favorable tax abatement in the time, based on a total exemption from taxation of capital gains after thirty years rather than twenty-five as proposed by Gilles Carrez. Between last-minute negotiations and uncertainties on the position of Members who are not part of the Finance Committee, voting in the National Assembly is uncertain. Not to mention that it could be unraveled in the Senate."No decision of economics can not be accepted in the general joy," says Philippe Marini, the UMP rapporteur of the Committee on Finance of the High Assembly, which considers the extent of the government "justified".