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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Vivendi announced Thursday a decrease in its dividend to cope with increased competition in the mobile with the arrival of Free Mobile should put pressure on margins from its subsidiary SFR.
The new entrant has tumbled in early January on the market of mobile telephony with two offers at bargain prices, forcing competitors to lower prices of some of their offerings to attempt to limit the exodus of their subscribers.
Vivendi expects for 2012 a decline of 12% to 15% of EBITDA of SFR which is mainly due to increased competitive pressure on the French market for mobile.
"The overly favorable terms granted to the new mobile operator by the regulator, the State and the incumbent operator SFR lead to review carefully both its commercial offers that its expensive ; ts "said Jean-Bernard Levy, chief executive, said in a statement.
"These efforts will weigh adaptation in 2012 and 2013 on the results of Vivendi," he adds, saying anticipate a return to earnings growth in 2014.
Behind the second French operator France Telecom has lost 1% of its customers since the beginning of the year, said the head of Vivendi.
Its competitors also suffered from the arrival of the new entrant.
Bouygues Telecom, a subsidiary of Bouygues, said Wednesday it lost 159.000 customers in mobile telephony between the start of the year and February 15, which represents 1.4% of a total of 11.3 million customers, and announced a 300 million euro cost savings.
France Telecom has meanwhile announced the loss of 201,000 mobile customers in the same period, 0.7% of its fleet of 27 million customers in France, and lowered its pre ; vision of dividend for 2012.
Like the incumbent, Vivendi will adjust its dividend policy by paying more than one euro per share in cash for 2011 – against 1.40 euros in fiscal 2010 – more one bonus share per 30 shares held.
From 2012, the group will distribute 45% to 55% of adjusted net income in cash, against more than 50% historically.
Adjusted net income of Vivendi rose to 2.95 billion euros in 2011, slightly above the forecast of the group, revised e down in November. At that time it had reduced its estimate of three billion to 2.85 billion euros.
The turnover came out up 0.5% to 28.8 billion euros.
Iran on Sunday denied having refused to supply Greece 500,000 barrels of crude oil as part of retaliatory sanctions of the European Union related to nuclear program Tehran, reports the Iranian news agency ISNA.
"There were no changes in oil supplies from Iran to Greece or any other country. No change in our delivery schedule, "he assured Pirouz Mousavi, Director General of the Iranian Oil Terminals Company
. A little porridge ; t, another Iranian agency, Fars, had written that Tehran had refused to deliver 500,000 barrels of crude oil supposed to forward them on behalf of the company Greek Hellenic Petroleum refining
. An official of the company also denied that refusal. "This has nothing to do with us. All deliveries from Iran are normally, "he told Reuters
. Iran has stopped selling crude to companies British and French oil these days. Its oil minister warned on February 4 that the Islamic Republic would cut its oil exports to "certain" European countries.
France and Belgium have agreed on the need to implement as soon as possible the future solidarity mechanism in the euro area (MES) and its enhancement with the means of relief fund current the euro area (EFSF), it was said Friday a source close to the Elysee.
The same source, there were reports of an "identity of views" on these issues at the end of a one-hour interview at the Elysee Palace between Nicolas Sarkozy and Prime Belgian minister, Elio di Rupo.
"There is an identity of views on the need to implement the TSS as soon as possible and reinforcement, additionality between the MES and the EFSF," it was said.
"We have already said we would revisit the issue in March and here is our German friends to do move," they added.
Enhancing capabilities of MES, whose creation was decided at a European council in late January, could be raised at the forthcoming summit scheduled to 1 and 2 March in Brussels.
Germany has so far refused to consider increasing its endowment beyond the planned 500 billion euros. France is pushing for his part in a combination means the EFSF and MES, successor to the fund, to give it increased firepower. Executive Director of the IMF, Christine Lagarde, had estimated late January that such a combination would be a "strong signal" to restore confidence in the euro area.
Always a source close to the Elysee, it indicates that Nicolas Sarkozy pleaded with Elio di Rupo to the European institutions, starting with the Brussels commission, adapt to a more integrated euro area.
"It is necessary that the commission revise the methods when she works for the euro area. We can not be refereeing by independent non-euro, "said the source citing the head of state
." We also need a much faster operation of the commission, can not wait months and months it takes to draft regulations so that there is urgency.
And also, it takes a much stricter monitoring of the government economic decisions (Heads of State and Government) in the euro zone takes. Belgian Prime Minister fully agrees with that. "
On leaving the Elysee, Elio di Rupo stressed that the European Union now had the form of two "concentric circles", the EU itself and the euro area, "which must have a dynamic linked to the single currency"
.
Eiffage reported Friday a net sales increase of 4.8% in the fourth quarter of 2011, thanks to its good performance in work and in the concessions.
The construction group and concessions, owner of motorway networks Paris-Rhin-Rhone (APRR) and Area (Ain), said in a statement that its turnover reached 3 , 61 billion euros, 1.04 billion for the construction division.
Of all of fiscal 2011, revenues grew 3% to 13.73 billion euros.
Eiffage also know that its backlog at January 1, 2012 was up 25% over one year to 13.5 billion euros. It represents more than 11 ½ months of activity of divisions.
At the Paris Bourse, the action Eiffage closed Friday at 26 euros, down 2.14%, showing a market capitalization of 2.26 billion euros.
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.
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.
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.
BNP Paribas on Thursday posted a net profit fall 71.6% in the third quarter, below market expectations, after having integrated into its accounts at a discount of 60%, higher than expected, on Greek debt and after a sharp decline in income from its trading activities.
The second largest bank in the euro zone by market capitalization, after the Spanish Santander, said in a statement have passed a provision of 2.2 billion euros on its sovereign debt of Greece.
Its quarterly net income totaled 541 million euros where the consensus reached by the editor of Reuters expected a net profit down 48% to 992 million euros, analysts had expected a discount of about 50 % of Greece under the Europe Agreement last Thursday.
After the decision of the Greek Prime Minister George Papandreou to hold a referendum after the Europe Agreement on aid to his country, which has raised speculation about a default or an exit from the euro area of Greece The CEO of BNP Paribas believes that a default on Greek debt is manageable for the bank.
"A fault (Greece, Ed) would be manageable.
The Vatican on Monday called for the creation of a "universal public authority" and a "global central bank" to regulate financial institutions in the current period of turmoil and uncertainty.
The 18-page document, entitled "To reform the international financial system from the perspective of a public authority to universal jurisdiction," should strike a chord with "outraged" over the world protesting against the excesses of the current economic system .
"The economic and financial crisis through which the country calls everyone – people like people – to conduct a thorough discernment of the principles and cultural and moral values that form the basis of social life in common," the Council Pontifical Justice and Peace in a note.
The Vatican warns against "idolatry of the market" and "neo-liberal ideology" that the current problems are only technical.
"The crisis revealed the attitudes of selfishness, greed and hoarding collective goods on a large scale," he says, adding that the world economies were to take an ethics of solidarity between rich and poor countries.
"If no remedy is given to various forms of injustice, the negative effects that will follow in the social, political and economic will be likely to generate a climate of growing hostility and even violence, to undermine the very foundations of democratic institutions, those that are also considered the strongest and safest, "reads the document.
The Holy See called for the establishment of a supranational authority in global dimension and universal jurisdiction responsible for guiding policy and economic decisions.
Such authority should be taken as reference the United Nations to gain independence then.
EFFICIENT STRUCTURES
When asked whether this document could become the manifesto of the "outraged", Cardinal Peter Turkson, president of the Pontifical Council for Justice and Peace, said: "People on Wall Street have to sit and think wisely about whether their current management of global finance is in the interests of humanity and the public interest. "
"We call on all groups and organizations to sit down and rethink the situation," he said at a news conference Monday.
The International Monetary Fund (IMF) has lost its ability to regulate the global creation of money and watch over the amount of credit risk that the system assumes, believes the Pontifical Council.
"In economic and financial matters, the greater difficulties come from the absence of an effective set of structures that can guarantee, in addition to a system of governance, a system of government in the economy and international finance. "
The world needs "a minimum corpus, shared rules to manage the global financial market."
"We see on the bottom, to draw in perspective the need for a body performing the functions of a sort of 'World Central Bank' regulating the flow and the system of monetary exchange, like the national central banks" , says the document.
The Pontifical Council recognizes that the establishment of both bodies will take years and will face resistance from the global players.
"This transformation will take place at the cost of transfer, gradual and balanced within the remit of a national authority in a global and regional authorities, which is necessary at a time when the dynamics of human society and of the economy and the advances in technology, transcend borders that are in fact already eroded in the globalized world. "