The six major Greek banks have decided to participate in the exchange of bonds to alleviate the country's debt, said Tuesday the Ministry of Finance.

Banking sources had previously indicated that all Greek banks concerned should participate in the agreement, which will lead to institutions interested in losses on their holdings ranging up to 74%.

The exchange of securities, if implemented, should lead to cancel some 100 billion euros of debt. Private creditors, mainly banks, insurers and investment companies, have until Thursday to announce their intentions.

Most pension funds holding Greek debt to Greek State agree to participate in the bond exchange, but four refused to do so, it was also learned Tuesday Aupre s head of a Greek.

Unions fear the consequences of the depreciation of assets in debt to Greek pension funds.

Eight or nine pension funds agreed to participate but funds for journalists, police, business owners and employees of the hotel, which hold for about two billion euros debt, refused, sources said.

Basketball, football, to the rally, the French sports pocket each year over 10 million euros for some. In mind since 2006, Thierry Henry was dethroned by Franck Ribery in the ranking of the largest salaries in 2011, established by the Team Mag Saturday, March 3. The top ten images.you 10/10

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The number of ruptures conventional employment contract rose to 289,000 last year, up 13% compared to 2010. Candidates are lining up a pile of resumes by hand at a job fair at the University of Virginia Tech in March 2009.

27,016 ruptures amicably were approved in December, up nearly 4% from the previous month and 13% compared to December 2010, according to the assessment updated in 2011 by DARES (Ministry of Labour ). In total, 288,988 conventional ruptures were registered throughout the year 2011, again a 13% increase over 2010. The rate of inadmissibility and for refusal are on their side remained stable (respectively about 3 and 6%). Since its inception, and nearly 770,000 are conventional ruptures that have been validated.

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.

Switzerland did not provide financial payments to end the conflict with the tax United States, where several investigations are underway on some of its banks, said Friday a spokesman for the Secretary of State financial matters international.

Eleven banks of the Helvetic Confederation, including Credit Suisse, Julius Baer and the Basler Kantonalbank, are being targeted by U.S. authorities who suspect them of having helped their clients evade taxes.

Switzerland is ready to deliver, however, said the names of clients to find a compromise, after months of negotiations with Washington.

Diageo has reported strong sales Wednesday as part of its first fiscal quarter and said, anticipating a further growth in the first half.

Sales of the world's leading spirits, which makes Smirnoff vodka as well as Captain Morgan rum, rose 9% over the quarter on a comparable basis, while the ten brokers polled by Reuters on average expected a rise of 5, 9%.

By 0930 GMT, the action Diageo gained 3.52% to 1,325 pence, the fastest rise in the Stoxx European sector of the beverage and food, up 0.63%.

The British group will hold its annual general meeting in the day.

Aéroports de Paris announced Tuesday a 6.1% increase in passenger traffic in September year on year, driven notably by the French and traffic despite a decline in the Middle East.

The airports of Paris-Charles de Gaulle and Orly, which hosted 7.9 million passengers last month, received a 7.8% increase in traffic hexagonal in favor of a positive calendar effect, the summer holidays in France that ended on September 4 this year instead of August 31 last year, the company said in a statement.

International traffic outside Europe rose 6.1% in September, with only one drop of 2.6% charged by the Middle East.

Since the beginning of the year, passenger traffic shows an increase of 6.1% compared to the same period the previous year.

The International Air Transport Association (Iata) said in late September that the outlook for the global economy were very uncertain, but said not to anticipate a recession.

The Eurogroup has postponed to November the payment of the loan of 8 billion euros in Athens, demanding the country's fiscal efforts even more. Finance Minister Evangelos Venizelos and the Greek Prime Minister George Papandreou in Parliament during the vote of a new austerity plan, June 30, 2011.

The euro zone decided Monday to postpone decisions on new loans crucial to Greece, to which it has requested additional budgetary efforts and plans to contribute more to his bank bailout.The Eurogroup also considering increasing the firepower of its relief fund for countries in trouble (EFSF) to make it more "efficient", but without increasing its volume, said President of the Forum of Ministers of Finance monetary union, Jean-Claude Juncker after a meeting in Luxembourg.

"We call on Greece to take additional measures" in terms of savings for 2013 and 2014, thus going beyond those that have just been announced for this year and next, Mr Juncker warned. The euro area has also called for more privatization of companies.Despite a draft budget for 2012 through a drastic reduction in public sector, Athens has fueled fears of a default by announcing on Sunday that its public deficit would be reduced to 8.5% of GDP in 2011 but remain in the coup beyond the initial target of 7.4%.

Fearing bankruptcy Greek with serious repercussions in Europe and the world, global stock markets ended sharply down Monday, even Wall Street falling to its lowest level in more than a year, while the euro fell below 1 , 32 dollar for the first time since January.

The threat of bankruptcy postponed until mid-November

Mr.Juncker said that a meeting of the Eurogroup, considered a time for Oct. 13 to unlock a portion of international loans to 8 billion euros, Greece country desperately needs to avoid bankruptcy, had been "canceled" because they can have all the necessary elements of evaluation at that time. "The Eurogroup will make a final decision in the month of October" based on the findings of the current creditors of Greece, the troika (EU, European Central Bank and International Monetary Fund), currently in Athens to check the progress of the government.

However, Mr Juncker has sought reassurance, saying the country would be "able to fulfill its obligations" financial. "A lack of Greece will be avoided," he further assured, adding that "a person contemplates leaving Greece in the euro area".In fact, Greece has said it would not need financing to avoid bankruptcy before "the second week of November," said the Belgian Finance Minister Didier Reynders.

The second aid plan for Greece, 109 billion euros promised July 21, he saw a fall Monday obstacle to its realization: the members of the euro zone reached a compromise on the guarantees required to Athens Finland. The new plan could also be modified to be greater involvement of banks, which suffer a discount greater than 21% so far on their claims considered Greek, suggested Mr Juncker. There will be "technical revisions" on the subject from what was decided on July 21, he said."Regarding the involvement of the private sector, we must take into account the fact that we have experienced changes since the July 21 decision," he added.

Increase the striking force of the relief fund

Monday's meeting also clarified the position of the Eurogroup on another essential tool to prevent the contagion of the debt crisis: Relief Fund for countries in trouble (EFSF), which was used to help the Ireland and Portugal. The euro zone plans to increase its clout to make it more "efficient", as demanded insistently the U.S., but refuses however to increase its volume, said Juncker.One way would be considered to use leverage, a financial mechanism based on debt to leverage its ability to act.

Several scenarios circulating: the EFSF could turn into a bank and buy from the counter of the European Central Bank (ECB) without any limit. It could also act as an insurer from the holders of debt and cover losses up to 20-25% if a state was lacking, or, used to secure the repayment of debt of the ECB, a mission that 'she reluctantly filled quickly and wants to give up. Options involving the ECB should not be those favored by the euro area, said Monday night Juncker, without giving more details

The package price does increase to 6.30 euros on Oct. 17 that, in Europe 1. Cost to the state 15 million euros. Smokers earn two weeks of respite before the coming into force of the rising price of pack of cigarettes.

The latest increase, which should increase the price of pack of cigarettes from 5.90 to 6.30 euros on Oct. 17 will only, in Europe 1. The measure should have been applied from October 3, but the resistance of a tobacco manufacturer makes folding the Belgian government.

Because the increase does not happen this time by a tax increase: it is for manufacturers to increase their own prices. However, the Belgian manufacturer took several weeks before agreeing to comply with new rules. Also according Europe1, fifteen days late will result in a shortfall of 15 million euros for the state.

The proposal of a tax on financial transactions was passed by the European Commission. Its application could yield up to 55 billion euros. The President of the European Commission Jose Manuel Barroso

The European Union (EU) will go it alone on the front of the tax on financial transactions. Such a proposal was adopted on Wednesday by the Commission. "Over the last three years, Member States have provided aid and provided guarantees to the financial sector to the tune of 4,600 billion euros. It is time, in return, the financial sector contributes to society," said José Manuel Barroso, the president, in a speech on the state of the Union to the European Parliament in Strasbourg.

Paris and Berlin, who would like to apply this measure across the G20, for example to finance development aid, have met with little success.There is "no consensus today" on this issue because of "reservations" U.S. has recognized the French Minister of Finance, Baroin Friday in Washington. The EU has decided to proceed only on the subject.

In the spirit of the Commission, the tax would be a part of its product feed into the budget of the European Union, in return for an equivalent decrease in national contributions to the envelope. "The idea is to help the financial sector, which is in a privileged tax status with the VAT exemption it enjoys, which makes saving 18 billion euros per year in Europe," said one EU source told AFP.

Between 30 and 55 billion euros in revenues per year

Philosophy: a tax that would apply on a plate as wide as possible (stocks, bonds, derivatives, structured products), with rates as low as possible.Financial institutions, banks, stock exchanges and financial services providers, would be responsible for collecting the tax from their customers and their payment. The working hypothesis for several weeks is to impose a rate of 0.1% for stocks and bonds and 0.01% for products. But in the end the rates could be slightly different. These would be minimum, then the states are free to apply higher rates. Depending on the option chosen, the tax could bring in 30 to 50 billion euros per year.

But even within the European Union, the idea is far from unanimous. Some fear, as the government and British business, relocation of financial transactions to third countries, detrimental to the City of London."Below a certain threshold, the incidence of a tax is negligible with respect to the attractiveness of Europe", argued one European source. One way to avoid the relocation also lies in the principle of territoriality: a non-European bank, but registered in Europe for some operations would be affected the same way that a European bank.

It remains to convince all 27, which does not look easy. The British position is shared by Sweden and the Netherlands. The Polish Finance Minister Jacek Rostowski has also, recently expressed fears of outsourcing transactions. In case of failure to achieve unanimity, an enhanced cooperation procedure could be implemented between several EU states.The tax could then be applied only in the euro area, as suggested by recent finance ministers German and Belgian Didier Reynders and Wolfgang Schäuble. In any event, the time that the proposal be discussed and adopted, it will not happen before 2014 at the earliest.