The Swiss Federal Council announced Wednesday it had decided to renew its fleet of combat aircraft with 22 copies of the Saab Gripen of Sweden, preferred to Dassault Aviation's Rafale and the Eurofighter Typhoon European consortium which includes EADS.

Switzerland was launched three years ago the tender for the renewal of its fleet, now consisting of F-5E / F Tiger built by the American Northrop, whose older copies have been flying since 1976.

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The new home sales fell 13% in the third quarter. At the same time, housing starts and building permits have increased. An employee on a construction site offices and accommodation in Marseille.

The new home sales fell 12.9% in France over one year in the third quarter, according to the Ministry of Housing, which reported Tuesday alongside a 11.4% increase in housing starts and 22, 6% of building permits between August and October 2011. A total of 26,400 new homes were sold by developers in the third quarter of this year, a decrease of 12.9% over the same period in 2010, according to figures released by the Ministry.

Over the last four quarters (4th quarter 2010 to third quarter 2011), sales totaled 101,300, a decrease of 10.7% over the same period a year earlier.

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Italy has had to make Friday a record yield of 6.5% at six months in an auction of 10 billion euros in short-term paper, increasing the pressure on the third euro zone economy and new government address the perception in the markets.

The average yield has almost doubled compared to the previous issue of this type in late October (3.5%), indicating that the establishment of a technical executive led by Mario Monti to restore order in the accounts public of the country has not yet stopped the outbreak of its financing costs.

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His heart attack until the financial markets, the euro area plays its future in the coming weeks in an economic, budgetary and fiscal conducted forced march under the leadership of Germany.

The countdown to this year has accelerated last week when France, but also Austria, Finland and the Netherlands, saw arrive at their door pressure from investors, which they thought up until there is little protection because of their maximum rating AAA.

Faced with this new situation, the debate on increased intervention of the European Central Bank to support countries in difficulty – to which Germany is now the only one to oppose – has flared up.Angela Merkel's advisors are on the phone at all hours with European capitals, "said she.

"But if they would not get successful, unorthodox solutions are being considered," she said again.

MINI-TREATY?

Several European leaders, France and Germany in particular to reflect the possibility of a mini-intergovernmental treaty outside the community and to circumvent British requests for repatriation of skills in London and, ultimately, unanimously required a revision in formal treaties.

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The crisis facing the euro area is systemic and it requires its members a greater commitment than they are now showing, said Wednesday José Manuel Barroso.

"Today we are facing a crisis that requires a truly systemic even greater commitment of all major and additional measures", said President of the European Commission to the European Parliament.

He added that a further fiscal integration in the euro area was needed, without creating divisions with the 10 EU countries over 27 who are not members of the single currency.

Once this integration budget will be in place and new tools of governance have been decided, European bonds – seen by many economists as a solution to the crisis – will then become "natural," he further said.

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Waiting period in case of sickness, duration and contribution rates for retirement, performance bonuses … Bit by bit, the government closer to the Staff that of private sector employees. Event officials in Paris in January 2009.

Last week by unveiling a second austerity plan, Prime Minister Francois Fillon announced that state spending would be reduced by an additional EUR 500 million in 2012. To achieve this, the government plans to introduce a particular day off for employees in case of sickness. In other words, a period during which the daily allowance is not paid by health insurance. The waiting period is required to have private sector employees where it may be extended from three to four days as part of that reform.While some, like the CGPME, denounced as "illegitimate and unjust officials see continued their treatment at the second day off while private sector employees do not benefit from per diem at the end of 5 days off "Trade Unions of Public Employees, themselves, see it as another attack on their status.

In fact, since the right is in power, "sacrosanct privileged status" has undergone many a penknife. This is especially true for retirement. Since the Fillon reform of 2003, the rules for age and duration of contributions from the private sector also apply to civil servants.

France and Germany called Saturday to the new Greek prime minister the "full implementation and full implementation of all commitments" by his country to emerge from the crisis, according to the Europe Agreement of 27 October.

French President Nicolas Sarkozy and German Chancellor Angela Merkel met with Lucas Papademos, named Thursday to replace George Papandreou.

"After having congratulated the formation of the new Greek government, they stressed the urgency of implementing full and complete of all commitments, including those contained in the agreement of the summit of the Eurogroup of October 27, "it said in a statement from the Elysee.

"The payment of the next tranche of aid can be made only when a step has been made in this regard," said the French presidency.

Lucas Papademos, former Vice President of the European Central Bank, was sworn in on Friday after a week of tough negotiations between the two major political parties of the country, socialist and conservative.

It must implement drastic austerity measures in a country already plagued by months of recession in order to obtain a new loan of EUR 130 billion to prevent Greece from bankruptcy.

In a letter sent on Friday, Nicolas Sarkozy had assured Lucas Papademos the support of France to carry out the reforms necessary to overcome the crisis in Greece.

The consumer prices rose 0.2% over the month and 2.3% year on year.

The index of consumer prices in France, one of the barometers of inflation, rose 0.2% in October from the previous month and rose 2.3% year on year, said Thursday the National Institute of Statistics (INSEE). The increase in October "comes from the purpose of promotions in the clothing and footwear, and food," said INSEE.

The price of tobacco (2.7% compared to September) rents and services, water and garbage also increases but the increases are partly offset by lower prices of other manufactured goods and other services.

Vodafone said Tuesday it had revised up slightly its annual forecasts after better than expected interim results, supported by buoyant activity in emerging countries and in northern Europe.

The world of mobile telephony has reported a turnover of 23.5 billion pounds (27.4 billion euros) over the first six months of the year, an increase of 4, 1% and a gross operating income of 7.5 billion (+1.3%).

Analysts polled by Reuters had expected 23.4 billion and 7.4 billion.

The results of the British group were fired by strong growth in India and good performance in Germany and Britain.The activity in Turkey has slowed but remained strong.

However, Vodafone continues to face difficult business conditions in Italy and Spain.

For all of 2011, the group noted the low point of its guidance range of adjusted operating profit, now expects a number between 11.4 and 11.8 billion pounds, against 11-11800000000 previously .

The German government Saturday denied press reports saying that the reserves of the Bundesbank would be used to replenish the European Financial Stability Fund (EFSF), the emergency fund in the euro area.

The Frankfurter Allgemeine Sonntagszeitung reported that the reserves of the German central bank – made of gold and foreign exchange – will be used to increase the contribution of Germany to EFSF over 15 billion euros.

The Welt am Sonntag said the same thing in its columns.

"The foreign exchange reserves and gold in Germany, managed by the Bundesbank, have never been in discussions at the G20 summit in Cannes," said the spokesman of the German government.