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Values ​​to follow Thursday at the Paris Bourse.

* EADS confirmed its target of delivering 30 A380s in 2012, despite a slowdown in the rate of production of this unit.

* Pernod Ricard has reported strong sales growth in nine months, despite a slowdown in the third quarter related to inventory reductions expected in France, and confirmed its annual financial targets.

According to its chief financial officer, Gilles Gobaert, April sales did not mark a change in the underlying trend in the first 9 months. He said that Pernod remained open to small acquisitions "tactics".

Pernod Ricard has signed a multi-currency revolving credit facility of EUR 2.5 billion with a pool of 25 banks, which will enable it to refinance debt related to the acquisition of Sweden's Vin & ; Sprit in 2008.

* Alcatel-Lucent has reported a deterioration in its margin in the first quarter, hurt by weak investment of telecom operators in Europe and the United States.

* Technip has published results up to the first quarter, again driven by strong investment of its customers, and reported a record backlog. 

* SAFRAN announced strong growth in quarterly revenue, supported by its commercial engine business, and reaffirmed its 2012 objectives and confidence for years to come given the trends observed ;'re in the market.

* DASSAULT SYSTEMS has been a little more optimistic for its annual outlook after quarterly revenue driven by growth in sales of new licenses and assumptions with more favorable exchange.

* Renault has announced a decrease of 8.6% of its turnover in the first quarter because of the European car market, but confirmed its forecast for the year given the growth registered abroad. 

* PPR has reported a net sales growth in the first quarter, driven by a brilliant performance of its luxury brands Bottega Veneta and Yves Saint Laurent, while FNAC showed a relative re ; resistance.

* Wednesday denied VIVENDI consider dismantling the group's activities after media reports suggesting the possibility of such a scenario.

Citing people familiar with the matter, the Bloomberg news agency reported earlier in the day that the conglomerate present in the telecom, media and Entertainment was considering an overhaul of its structure which could lead to a dismantling of the group. 

* Eramet, whose sales fell 10% in the first quarter, said its operating profit in the first half should be lower than in the first half of 2012 Due to the falling price of nickel and manganese.

* Gemalto announced it had registered a turnover of "record" in the first quarter 2012 with an increase of 9%, a performance that allows the specialist smart card to reaffirm its financial targets in 2012 and 2013 .

* Technicolor announced a turnover down 1.5%, a performance nonetheless considered "solid", saying the group can achieve its financial targets in 2012 despite restructuring charges e lifted. 

* KLÉPIERRE confirmed its 2012 targets after posting growth of 3.1% of its rents in the first quarter supported by the activity of shopping centers.

* MERSEN announced a turnover back to the first quarter of 2012, slowed by its solar division, which suffers from a market still at half mast.

* IPSOS confirmed its objectives for this year, following growth of 46% of its turnover in the first quarter, mainly resulting from the integration of Synovate acquired in July 2011.

An amount that includes the 240 billion aid from Europe and the IMF, 100 billion debt erased by private creditors, and 40 billion euros of EU funding. In other words, Greek 33,600 euros per capita. Here, anti-austerity protesters in Parliament in Athens on 7 February 2012.

The assistance provided to Greece to prevent it from falling into bankruptcy amounted to a total of 380 billion euros in the form of loans, are injected directly and debts erased, said Wednesday the European Commission in a statement.

This includes the 40 billion euros of EU funding in 2007-2013 for Greece. In addition, there are 100 billion euros of debt that the private sector has agreed to remove and 240 billion euros of state aid provided by the EU and the International Monetary Fund. This corresponds to 33,600 euros per capita Greek, and 177% of gross domestic product of Greece, says the European Commission, who made a point Wednesday on its proposals to boost growth in the country.

Brussels reiterated its plans to use European funds to help support the Greek SMEs and youth employment. The Commission has 4 billion euros to help businesses. She also wants to focus on better control of public finances and a recapitalization of banks to support lending to individuals and businesses, particularly SMEs.

The Commission has a mission of experts ("Task Force") which together with the Greek authorities to implement the reforms necessary to resolve the crisis. Around the task force, member countries of the Union offer their expertise to help Athens to complete his reforms.

The blacklist of tax havens in 2012 was reduced to a trickle, from 18 to 8 members this year. The government is attacked for its laxity. The headquarters of the Cayman National Bank in George Town. The Cayman Islands belong to the core of tax havens.

The list of states considered by France as uncooperative in terms of transparency and exchange of tax information has been updated for 2012.

Surprised, she has been drastically reduced: exactly eleven states have been removed (Anguilla, Belize, Costa Rica, Dominica, Grenada, Cook Islands, Islands and Caicos Turkey, Liberia, Oman, Panama, Saint Vincent and the Grenadines have been removed from this list) for a single added (Bostwana). Among the endless extras, we can see Brunei, Marshall Islands, Montserrat, Nauru, Niue Island, or the Philippines.  

In total, in less then ten states listed on French blacklist of tax havens. The withdrawal was decided, either because these countries have concluded with France a bilateral agreement to exchange any information necessary for the application of their tax law, or in reciprocal because the Global Forum on Transparency and Exchange of Information in Tax Matters (OECD) has removed himself from the list.

Sometimes this can lead to some contradictions, as in the case of Costa Rica came out of the French list, even as the World Forum reminded last week that "the law might hinder the effectiveness of exchange of information ".

"A sustained vigilance"

Asked about this issue by Nicole Bricq, general rapporteur of the Finance Committee of the High Assembly, Valérie Pécresse has ensured that the states concerned were subject to sustained vigilance. "The challenge for the coming years was to put the agreements under vigilance" has justified the Minister of Budget. Before insisting: "I think we should be very firm on the implementation of agreements." But Valérie Pécresse admits, some countries with which France has signed agreements are still experiencing "pain points" in the image of Switzerland. Recently a delegation of Bercy was sent to Geneva to say that the implementation of the agreements was not satisfactory.

According to figures released by the Ministry, 77 000 French bank accounts abroad were identified in 2010, three times more than in 2007. Ms. Pécresse also said that tax audits had reported 16 billion euros in 2010, "1 billion more than in 2009," did she congratulated.

An enthusiasm not shared advocates the fight against tax havens. According to the NGO CCFD-Terre Solidaire (Catholic Committee against Hunger and for Development), at least 20 billion euros each year would continue to escape the budget of the French government because of tax evasion. In a report last October, the NGO also points out that according to the Tax Justice Network, it is not 8 but 54 states in the world who cultivate a "high degree of financial opacity", nearly a quarter countries of the planet should be placed on the gray or black list.

Specifically, the inclusion on the blacklist French is not trivial for states. For businesses located there are heavily taxed by France. The rate of withholding tax on passive income (dividends, interest, royalties) are 50% when they are poured into an entity present in the territory uncooperative. In addition, certain provisions of the parent-subsidiary regime are removed as the exemption of 95% of corporation tax on dividends paid by a subsidiary to its parent.

The Tokyo Stock Exchange ended down on Tuesday, causing the yen to profit taking on the values ​​that were well mounted exporting since January.

The Nikkei ended down 0.59% or 59.48 points, to 10,050.39 points while the Topix retreated in the same proportions (-5.03 points) to 851.02 Points .

The dollar is trading around 81.89 yen after three weeks of low points touched 81.55 yen on trading platform EBS in early trading.

Toyota, which has won over 37% since the beginning of the year, has limited its decline to 0.28%, while Sony has lost 0.58%. Its gain since the beginning of the year exceeds 20%.

The Spanish bank La Caixa confirmed Monday its intention to acquire its rival Banca Civica through its listed subsidiary CaixaBank to give birth to the first Spanish bank to Santander and BBVA.

CaixaBank offers the equivalent of 1.97 euro per share Banca Civica via a public exchange offer (the offer) that values ​​the target at 980 million euros.

A second wave of consolidation is underway in the Spanish banking sector. This is for banks to rebuild capital after losses from the bursting of the speculative real estate bubble in late 2007.

With total assets of 285 billion euros, CaixaBank is about four times larger than the Civic.

The shareholders of Banca Civica CaixaBank will receive five shares for every eight shares held. This represents a discount of 11% over the closing price Friday of Banca Civica. Quotations CaixaBank and Banca Civica were suspended Monday before the markets open.

The banks hope to have the approval of their shareholders by June 30.

Sources close to CaixaBank, it is not excluded that the institution has used a capital increase to finance its acquisition.

The government of Mariano Rajoy wants to reduce the number of banking groups to ten when they were over 40 before the crisis.

The new alignment will bring more difficult to find a partner for Bankia, particularly exposed to real estate, say observers.

Caixa said in a statement it would maintain its dividend to 0.231 euros per share in 2012.

The gross domestic product (GDP) of Finland increased by 1.4% yoy in the fourth quarter of 2011, after an increase (revised) 3.3% in the third I, Statistics Finland said on Friday (SF).

Over the whole of 2011, GDP in one of four countries in the euro area still have a "AAA" from the three major rating agencies has advanced 2.9%.

Christophe de Margerie, Total's CEO, believes that the quality of petrol must be paid in response to criticism of the super oil group, said Friday that more than 12 billion euros bé ; néfices.

These results raised a barrage of criticism, officials blaming Total left to accumulate this money on the backs of the French who see gasoline prices soar.

The former industry minister and UMP Estrosi regretted his part that the group in France that pays 2.5% tax on companies .

"We are conducting a policy of quality and hence prices rather expensive (…) But I'm still surprised that we are being pressured prices. If everyone was the same price, there would be more competition, "replied Christophe de Margerie Saturday in Le Parisien

……. .. It also emphasizes that the company's profits come not from the fuel distribution but "90% of oil production."

On France

FYI, the CEO said that Total has only 20% of the market in France. "This is not Total all by himself that can bring down prices at the pump," he said.

For Chistophe de Margerie "is the wrong debate" and "we must look at the problem of people who have problems short of living standards and treat it as such".

About the weakness of the tax in France, in Le Parisien it ensures that Total has always paid "substantial taxes" in France, although in recent years the group has not paid the corporation tax "because there was total loss."

"This year I have good news, we will pay 300 million corporate taxes with a further 800 million in other taxes," he says.

He added on France Info that the imposition of the group is low because there is "zero percent result in France". 

"Our business in France is mainly refining and refining loses money (…) We can not pay taxes on results that do not exist," he said.

"Annoyed" by the image of his group, Christophe de Margerie would like to correct: "Total is a myth, we must break it," he said before concluding: "To earn money, not born ; NEGATIVE, especially in times of crisis. This is an opportunity for our country ".

Total said Friday it would continue its efforts for investment to grow its production.

The third European oil company by market capitalization for 2012 foresees investments excluding acquisitions of approximately $ 24 billion (18 billion euros) against 20.6 billion in in 2011.

Angela Merkel has justified its support for the candidacy of Nicolas Sarkozy to the French Presidency by the friendly ties between their two parties. On Greek debt, the two leaders agree: the Greeks must meet their commitments, and quickly. Angela Merkel and Nicolas Sarkozy at the Elysee Palace on February 6.

German Chancellor Angela Merkel said on Monday in Paris he was "normal support parties Friends", about her support for Nicolas Sarkozy to the presidency, at a joint press conference with President French. "I support Nicolas Sarkozy on all levels because we belong to parties of friends," said Merkel. Merkel also said that Mr. Sarkozy came to support her in 2009 when she was running for a second term as Chancellor.

Angela Merkel, support "friendly" of Nicolas Sarkozy

"The candidate Francois Hollande visited the congress of the SPD," she added, referring to the movement in Berlin in early December of PS candidate. She did not answer the question whether she would meet Francois Hollande during the election campaign.

German Chancellor supports President Sarkozy in the French election campaign, as head of the Christian Democratic Union (CDU) and not as head of government, had said in Berlin Monday morning a spokesman Some critics in Germany.

"I claim that friendship and trust," commented during the press conference at the Elysee Palace Nicolas Sarkozy, criticizing severely – without naming – the intention of Francois Hollande to renegotiate the new European treaty on budgetary discipline s it was elected in May.

Greek debt: "time release"

Angela Merkel said that Greece will "remain in the euro", while preventing that Athens could not receive the new funding it has a vital need if it does not enter into agreement with the EU and IMF. "There can be no new program if it does not conclude with the troika" of creditors of Athens, between the European Commission, the European Central Bank and the International Monetary Fund, she said.

Nicolas Sarkozy and Angela Merkel have also hoped that the interests of the Greek debt to be blocked in an account. "The Greeks have made commitments, they must scrupulously respect, there is no choice, time is short, it's a matter of days, now we must conclude," Sarkozy said. "The interests of the Greek debt must allow to be sure that this money will be permanently available," then said Merkel.

This bonus is 150 euros for a single person and 320 euros for a couple.

The Christmas bonus paid to recipients of certain social minima, as RSA, will be repeated in December 2011, announced Monday the Minister of Solidarity and Social Cohesion Roselyne Bachelot. "I can confirm that the Christmas bonus will be paid. This represents 380 million euros for the most vulnerable," said the Minister during the launch of the 27th winter campaign of Eating Heart in Paris. "For a single person, that's about 150 euros paid in the coming days and for a family with two children, 320 euros," said Ms Bachelot.

In 2010, the Christmas bonus had been paid to the beneficiaries including the RSA (active solidarity income) and those of the SSA (specific solidarity allowance, paid to certain unemployed at the end of law). She was concerned 1.7 million beneficiaries.The Christmas bonus was awarded for the first time in 1998 by the Jospin government under pressure from movements of the unemployed who have been demanding for years that it is substantially increased and the scope of its beneficiaries is expanded.

European shares were down in early trade Friday, the pressure on interest rates fueling fears that some fragile countries in the euro zone no longer be able to refinance at an affordable cost.

At 9:03, Paris passed under the 3000 points and lost 0.83% to 2985.19 points.

At the same moent, London lost 0.95%, Frankfurt and Milan 0.83% 0.73%. The Euro Stoxx 50 index of the principal values ​​of the euro gave up 0.69%.

The Spanish 10-year rate rose above 7% (7.11%) and Italy's is 6.94% while the German Bund yield the same maturity is around 1.87% and that of the French OAT around 3.6%.