The Prime Minister believes the government should not have back in 2007 after the failure of legislative reform because the cost of labor is essential. Prime Minister Francois Fillon regret not having done the social TYVA in 2007

Francois Fillon said Thursday evening the balance of Nicolas Sarokzy. The Prime Minister expressed as main regret of his five years at the Matignon "floating" in 2007 on the so-called social VAT, adding that he had to "do it now," referring to the will of the head of state to this measure on track by May When asked on the set of the show "The words and actions" on France 2 why the government wanted to implement the measure within three months of the presidential election, he returned to the turnaround of 2007, during the period between the two towers of the legislation.

"On the cost of labor, you remember we had planned to do in 2007. There was a reluctance on the part of the government team, from the majority that led to a misunderstanding on the part of the French, "argued the Prime Minister, recognizing that this was" probably (had) a reaction in electoral terms "in parliamentary elections at the time." You should never hesitate. When we govern, decide and implement the reforms (…). Here, there was a little flutter, flutter it made it more difficult for some time the implementation of this reform, "he said

……. Ruling out .. "inflation risks" now, François Fillon expressed the need "to do it now". Invited to express his main regret at Matignon, the prime minister has come back "on the case of lower labor costs in 2007. "" We hesitated too. It is a regret I have today, "he repeated. On the contrary the decision that is" most proud ", Mr. Fillon also drew attention to "the reform of social dialogue". "When you see what happened five years ago (…) is a small cultural revolution that has occurred," he judged.

On his favorite memory with the Head of State, with which relations have experienced up and down since 2007, the prime minister called a "great memory" the presidency of the European Union in 2008. "I was very proud of what has been accomplished and the image has given France and the president," he dit.Concernant his worst memory, Mr. Fillon declined to answer: " I have no recollection of this type and even if I had, I do not confide in you. "

Cash lenders will loan anything from a couple of hundred dollars to around $1500, which generally must be paid back in full, along with the interest, within two to four weeks.

The Finnish group Outokumpu will acquire the division of ThyssenKrupp Stainless, Inoxum for 2.7 billion euros to develop synergies and to defend against competition from Asia. </ P> The agreement will be partly financed by the issuance of one billion euros of new shares and Outokumpu will result in the closure of two smelters and the elimination of 850 jobs in Germany. </ p> Analysts said the merger would enable all European producers of stainless steel to increase their room for maneuver on pricing as the industry is weakened by excess capacity. " / p> Outokumpu will pay one billion euros in cash to ThyssenKrupp and resume at the last 422 million euros of debt.</ P> The German group, whose market share in Europe is estimated between 35 and 40% ceded to pressure from its unions by agreeing to remain a shareholder of discontinued operations ; are: it will hold 29.9% of Outokumpu after the operation. </ p> Action ThyssenKrupp gained 2.4% to 21.6150 euros at 3:40 p.m. GMT the Frankfurt Stock Exchange while the Stoxx European basic resources progressed by 0.2%. In Helsinki, Outokumpu fell at the same time from 11.4% to 6.525 euros. </ P> The IG Metall union, which gave the green light to the operation, a pre specifies that Inoxum plant in Krefeld in North Rhine-Westphalia would be closed by December 31, 2013 and the site of Bochum, located in the same Land, would close the end of 2016. </ p> He said the two groups have obtained the guarantee that no other German production site would be closed before the end of 2015 and that the integration of Inoxum would be no forced departure. </ p> While five years ago in Europe exporting of stainless steel, the increase in production capacity and global competition from Asia and Asia now covers 20% of the needs of the old continent. </ p>

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.

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.

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 .

France and Germany put pressure Tuesday on the Greek Prime Minister George Papandreou to get an early implementation of the agreement of 26 October on the euro and the Greek debt, he wanted to submit to a referendum.

Following the surprise announcement, the head of the Greek government, which has caused a new storm in the financial markets, French President Nicolas Sarkozy and German Chancellor Angela Merkel responded by implicitly rejecting the idea of ​​this consultation.

"This announcement has surprised all of Europe.France wishes to recall that the plan adopted last Thursday by unanimous vote of 17 members of the euro area is the only way to solve the problem of Greek debt, "said Nicolas Sarkozy after a special meeting at the Elysee Palace with Prime Minister Francois Fillon and the ministers concerned.

Angela Merkel and Nicolas Sarkozy will meet Wednesday in Cannes, at the G20 summit, for a meeting with European institutions, the International Monetary Fund (IMF) and George Papandreou, last minute guest.

It will "examine the conditions under which commitments will be required," said Nicolas Sarkozy.

"I can not exclude (bankruptcy of Greece in the event of" no "in the referendum), but this will depend on how the question will be formulated exactly and what exactly the Greeks will vote," he said.

He said the Greek Prime Minister made his decision without informing his European colleagues and had previously alluded to the idea of ​​the referendum, before abandoning it, and finally to announce without warning.

"Can we in these conditions during the sixth release, the eight billion euros, as we had decided two weeks ago as we do not know if the Greeks are always agree with what has been accepted? "he asked.

List of values ​​to follow on Wednesday at the Paris Bourse, where the CAC 40 gained 0.21% to 3181.08 points before the vote to 24:40 awaited the start of the afternoon of the Bundestag in Berlin on a draft reform of the European Financial Stability Fund (EFSF).The market expects more to be disappointed by the results of EU summits and the euro area this evening.

* RENAULT (2.08%) sign the best performance of the CAC 40 and the Stoxx sector (1.17%) recorded the largest increase sector in Europe.

The CEO of Daimler (1.67%) Dieter Zetsche told executives that Renault might consider a partnership in the development of high-end vehicles, according to the Börsen-Zeitung, citing a part of the French manufacturer .

* PSA Peugeot Citroën wins after losing 1.08% to 5.7% in early trade, the market welcoming the cost reduction program announced by the automaker, which has revised down its forecast 2011 after a third quarter marked by lower volumes.

* Societe Generale (1.39%) to recapitalize by putting aside the results, even by appealing to its shareholders, but in no case will involve public money, said on Europe 1 CEO Frédéric Oudéa.

* A reverse trend, SAFRAN (-2.09%) shows the largest decrease in the CAC 40, several brokers have reduced their price targets and earnings forecasts following the release Friday of sales in the third quarter considered disappointing.

* ArcelorMittal gives up 1.3%, the market continued to sanction the surprise announcement the day before removing the group launched the joint bid with Peabody Energy in Macarthur Coal.

In addition, Nippon Steel said to anticipate a decline in annual profit, mainly due to worse economic prospects.

* Faiveley Transport (3.76%) is again on top of increases in the SBF 120, the value still enjoying a catch-up effect after a quarterly considered positive, including the announcement of a backlog of better than expected.

* INGENICO advance of 3.54%, following the announcement of its quarterly publication, with investors reassured by the silence of the group on the future as many had previously expected a negative message.

* MERSEN, which declined by nearly 7% between 19 and 21 October, is up 2.8% after the announcement of a quarterly revenue emerged above analysts' expectations.

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.