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Full financial and economic crisis, Spain will nationalize Bankia, the fourth largest bank, formed by the merger of seven Spanish savings banks in December 2010. The information, released Wednesday by the newspaper El Pais and ABC, has been confirmed in the evening by the Ministry of Economy. This indicated that the government would take 45% stake in banking group, which would make the majority shareholder. "The nominal value of these investments amounts to 4.465 billion euros," the ministry said in a statement. The money would come from public funds to support Spanish banks, the Frob, founded in 2010.

Shortly before this announcement, the Bank of Spain was also confirmed that Bankia had applied its partial nationalization. Announced for several days, this bailout is intended to reassure investors, while the bank accounts are sealed by prime mortgage risk.

The prospect of nationalization of a large Spanish bank, unprecedented in the country since 1992, does not please the markets. On Wednesday, all Spanish banks were sanctioned Exchange: Santander and BBVA have yielded 4.52% and 4.73%, respectively, while Bankia lost 5.84%. Sector In falling throughout the Ibex 35, which closed at a new level since 2003.

A rescue plan Friday

If the measure makes sense in Madrid, Spain is not the first European country to have nationalized its banks since the crisis erupted in 2008. Belgium, the Netherlands, the UK and Ireland nationalized much of their banking sector. In Ireland, the cost of bank bailout was so high, it has increased the deficit to 32% of GDP, forcing the country to seek IMF assistance and the euro area no fax pay day loans.

In Spain, the nationalization of Bankia a turning point in worrying the banking crisis. After the collapse of Lehman Brothers, the big Spanish banks such as BBVA and Santander were cited as examples for their strength. The problems came from "cajas" savings banks that invested with a vengeance in real estate. Today, they are more than a dozen sips but risky assets, including 37.5 billion for the only Bankia.

The government has already asked in early February to banks to provision 53 billion a year, is preparing to present a new rescue plan on Friday, the Council of Ministers.

Recapitalization needs of the Spanish banking sector are estimated at EUR 100 billion, while loans amounted to 143.8 billion euros, according to the latest figures from the Bank of Spain.

Unable to refinance when rates soar on debt markets, Spanish banks have no other choice but to call for help from the state. But the government has not the means to save the entire sector, while its deficit already stands at 8.5% of GDP. And he has already committed for 2012 of 47 billion euros saved. Even if it costs him politically, Mariano Rajoy could be forced to go through using the EFSF (European Financial Stability Fund).

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All sorts of people need fast cash though are unwilling to compromise on interest rates. Naturally, the lower the interest rate, the better. Low rate payday loans are easy to access thanks to the Internet.

 

Angela Merkel will host the new president of the French Republic "open arms", but firmly defend its rigorous design of economic policy in Europe.

The Chancellor reiterated on Monday that it intends to oppose the limits to the will of Francois Hollande to enrich the fiscal pact of measures to support growth. "The Growth Pact is not negotiable. [...] It is not possible to renegotiate everything after each election ", otherwise" Europe no longer works, "said Merkel at a news conference. "Greece could also ask to renegotiate" the austerity plan that it implements in exchange for international aid, for example, she warned. The spokesman for Angela Merkel, Steffen Seibert, also reiterated on Monday that 25 out of 27 countries had ratified the pact adopted snatched a few months ago, and it was therefore "impossible" to renegotiate .

Angela Merkel, provided, opened the door Sunday, the adoption of a new Growth Pact for the euro area, which would add to fiscal pact. But it has clearly defined the limits between what is acceptable and what is not. "Germany is not a growth deficit, but growth through structural reforms", said Steffen Seibert on Monday. In line with about Mario Draghi, the chairman of the European Central Bank (ECB), German Chancellor intends to primarily boost growth in Europe by a sucroît competitiveness, notably by reforming the labor market no fax cash loans.  

"Working well and intensively"

For his part, Francois Hollande called for a resumption of growth through capital investment in infrastructure, new energy and industry. The Socialist would draw upon the European Investment Bank (EIB), he wants to strengthen, and remount the EU tax on financial transactions. The contrast with Chancellor Angela Merkel would be so much more frontal Francois Hollande wanted to introduce shared Eurobonds, or reform the statutes of the ECB. The two countries should compare their growth strategy in the coming weeks. Chancellor, who invited the new president on Sunday in Berlin, said she was ready to "work hard and intensively" with him.  

President of the European Union, Herman van Rompuy, announced late last week preparing an informal meeting on growth and employment, to the end. This meeting will aim to prepare the EU summit on 28 and 29 June next devoted to the same topic. Several European countries have in recent weeks called for further stimulate growth in Europe. In addition to Greece, whose austerity policy has been sanctioned by the polls, Italy and Ireland were pleased to see growth back at the heart of the European agenda.

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High school students and students seeking a future career or employees looking for your conversion, go to CareerCast.com. You'll find 12 jobs in gold favored by the Americans, but also those to avoid at all costs because of their low growth prospects, levels of remuneration, the stress function or quality of the environment working.

Among the jobs to avoid at all costs, across the Atlantic, the lumberjack (dangerous, poorly paid and endangered) of dairy farmer or a soldier! Other trades that are no longer dreaming, perhaps because of their poor prospects for hiring in the coming years, that of a journalist in a newspaper or radio reporter

. Trades dream

Conversely, the best job for the Americans is that of a computer engineer. The salary range is between 55,000 and 133,000 dollars, with an average salary level of 88,000 dollars high risk personal loans. About the prospects of hiring, they are important short-medium term. Other "dream jobs", actuaries and human resource managers (whose development prospects are greater than 20% per year by 2020) hold the rope.

These positions correspond to business students that dreams are made of this side of the Atlantic? Several surveys have been conducted in recent years on this subject, with sometimes surprising results. 18-25 The overwhelmingly popular crafts such as actor, ambassador, singer or airline pilot. While others see themselves as secret agent, a successful writer … or supermodel.

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"In 2010 we re-starting the engine of our development. In 2011, we intensified this process. " Two years after Théolia came close to filing for bankruptcy, its general manager, Fady Khallouf, welcomed the turnaround began. The operator Wind "now walk on two legs" on one side, Theolia operates parks for its own account – and it is green electricity producer – on the other, it develops and installs wind turbines on behalf third parties. "This is the guarantee of a balanced growth that allows us to make the most of opportunities," says Fady Khallouf. This refers in particular to long-term contracts -15 years or more – which can have suppliers from wind.

Currently, the assets of Theolia reach an installed capacity of 910 megawatts (MW), which operated for 604 partners. In 2011, the company has commissioned 18 low rates payday advance.4 MW in the Hexagon. But his biggest development project in Morocco is concentrated, with a 300 MW a third scheduled to be operational in 2014. "The site will be commissioned in installments: engineering studies are completed, with the National Electricity (ONE), the Moroccan electrician, we are preparing to launch tenders to select the different OEMs, "said Fady Khallouf.

To Theolia, 2011 is the first year that the operator posted a net operating profit excluding items, up from 10.3 million euros. But the group posted a net loss of 39.2 million euros, following the impairment of goodwill in Italy where the system of feed-in tariffs is being revised in proportions much less profitable for the operators. "We cleaned up the balance sheet, we can now develop on a sound footing," said Fady Khallouf yet.

 

CaixaBank became the largest bank in Spain by total assets. At its 270 billion in assets, "La Caixa", continue to call it like the Spanish, in addition to 72 billion Banca Civica, absorbing the entity resulting from the recent merger of four cajas (savings banks) . Exceeds the group and the two Spanish giants, Santander and BBVA. But size does not balance the economic: the stock market, Santander (54 billion) and BBVA (30 billion) will remain far ahead of their new rival (15 billion after months of reconciliation.)

On the ground, however, Caixa will expand significantly. The network of 1,400 branches and 7,800 employees of Banca Civica will expand the 5000 branches and 25,000 employees that already CaixaBank across the country. Especially in northern Spain and the Canary Islands. The operation occurs just days before the deadline set by the government. Credit institutions must have in effect before March 31, a sustainability plan. In total, banks and cajas must be provisioned 50 billion euros to cover the risk real estate.

The merger movement continues

In the case of Banca Civica, it was found in one year € 2 billion. According to Spanish press, Madrid feared that the bank fails to achieve its own objectives. The government should therefore encouraged to approach CaixaBank Banca Civica cheap payday advance. If integration is achieved, it will be two more years to clean up its accounts. Financial reform adopted in early February was precisely to promote the absorption of entities problematic by the biggest banks.

The merger movement has not yet come to an end in Spain. CatalunyaCaixa, another group that also emerged from an initial burst of mergers, also seeking a partner. Santander and BBVA are in the running.

110 billion injected into the financial sector

Between 2008 and 2012, Spain has injected 110 billion euros in its financial sector. 80 billion in the form of bank guarantees, assumed by the State, and 30 billion in asset purchases and direct payments by the public and the banks themselves. In 2011, the government of Jose Luis Rodriguez Zapatero has merged the fund deposit guarantees, and has forced banks to take losses in the sector. This policy was pursued by the Conservative government of Mariano Rajoy. "The restructuring will not cost taxpayers one euro," promised the Minister of Economy, Luis de Guindos. Large banks, however, require the government to participate in the national effort.

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Last February, 54,000 jobs were submitted under the Apec, an increase of 30% compared to February 2011 and 53% in total over twelve months. In total, emphasizes APEC in its monthly report released Wednesday, "which offers 587,747 are entrusted in one year."

It is the function of industrial production (work and site) that the fastest growth, both in one month (70% with 3791 offers) on a year (83% to 39 516 offers). "Demand is especially strong for managers of industrial production, since growth is 101% over the year," said Apec. This function represents 7% of all offers.

Other sector applicant, the technical services (10% of total offers) which grew by 59% over one month (5398 offers) and 81% in total over twelve months (54657 offers). Driving this growth is the pole Process and Methods (with 128% increase year over year and offers 11,000), followed by the Technical Services Branch (128% growth with 4264 offers).

Bid on two computer science or business-marketing

As for the IT functions and business-marketing, which together account for over half of all offers (54% overall), their growth remains strong: 41% increase over year for the computer (156 036 offers) and 47% for the sales-marketing (with 157,724 offers) quick payday loans. Over a month, however, its growth slows, however, both functions 3 to 4 points.

Another signal to be taken into account, the monthly index of diffusion of the Internet offers executives, not the mark a bit in February, with an increase of 30 points over last year to 299 points (32 points against the month above). The APEC underlines in this regard sluggish growth-management functions for finance directors and HR.

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Unions of La Poste have been heard. Rocked by three suicides in six months, the postal group has taken the measure of social malaise that reigns within its walls. According to the Journal du Dimanche, its CEO, Jean-Paul Bailly, is expected to announce Monday a suspension until September of the reorganization of the branch e. A break of nearly six months during which discussions will be held with employees to improve their working conditions. At the local level, first, the regional offices of the Post Office will begin negotiations on the reduction of work patterns in post offices. At the national level, then, Jean-Paul Bailly launch the establishment of a "social warning unit" and could also release a budget to support the weakest agents, specify the sources cited by the weekly Sunday. Contacted by The Figaro.fr, the group was not immediately available for comment.

La Poste has accelerated its timetable for ending the crisis, after the suicide last Sunday as part of a group in Britain. In a folder left behind, this forty, who had been off long illness since November and was found hanged at his place of work in Brittany, had denounced a hard three years from its hierarchy. This was the second suicide in Breton Post in ten days. February 29, Jeremy Buan, a senior of 28 years, had committed suicide by jumping from the top floor of La Poste in Rennes, in the Ille-et-Vilaine. He too had reported his "outstanding work" in a letter released by his partner. Immediately, the Post Office had opened on Tuesday for talks with the unions on "health and welfare at work", promising that "proposals" would be made "before summer".

The bracketing, albeit provisional, of the restructuring of the business mail should satisfy the unions who denounced social climate "anxiety" since the suicide last September of a 52-year employee who was, also, défenestrée the fourth floor of the financial center of the 15th arrondissement in Paris. "This situation is unfortunately not unique to the post office," said Antoine Le Séguillon this week, a union representative GSC in Figaro.fr. "And it is not unique to Britain," he said hoping that the leadership would engage quickly "concrete actions".

Action plan against erosion mail

Faced with the erosion of its mail business, which it considered that the volumes would collapse by 30% over 2008-2015, the Post Office had drawn a new plan in 2009. Jean-Paul Bailly had emphasized that this branch should "reinvent themselves" by offering new services. Gradually, the schedules of post offices have been extended throughout France, robots have been installed to reduce waiting times for customers and, last September, The Post has completely redesigned its line of mail.

A strategy that has "paid off", welcomed the group during the presentation of its annual results on March 8. While lower volumes continued with a decrease of 3%, after falling 3.3% in 2010, the mail business recorded a turnover stable at EUR 11.5 billion (+ 0.3%), more than half of the total activity of La Poste. But for the unions, these good results have been costly to employees. According to the CGT, it was obtained "at a price of 10,091 job cuts" and an increase in sick leave.

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Since the tsunami of 11 March and the Fukushima nuclear disaster, the Japanese atomic reactors were arrested, one after the other to be auscultated. Today, on the fifty-four boilers that supplied 28% of electricity in the Archipelago, only two work. And they should, they also stop in April to be tested for safety.

The streets of Tokyo shine though all their neon lights, and the life of the megalopolis of 35 million people saw the usual pace of its thousands of trains daily. Certainly, the corridors of Meti, the Ministry of Economy, are left in the dark, for an example. But the great campaign to save energy this summer ended.

This return to almost normal life despite the closure of fifty-two reactors, Japan pays a high price. Imports of oil and gas only for rotating thermal power plants in 2011 jumped by 77% and 18%. For the first time in thirty-one years, Japan had a trade deficit in 2011, 24 billion euros. And began the year with a record monthly deficit of 15 billion euros for the month of January, dug by the price of crude.

In this context, the government and power companies do not hide their desire: to restart nuclear plants faster. Large industrial fear a surge in the cost per kilowatt hour are pushing in this direction. The electrician Tepco, which operated the plant in Fukushima Daiichi and navigates to the brink of bankruptcy, announced an increase in its rates 17% for its major customers.

Restart nuclear facilities, just a year after the nuclear accident which forced 100,000 people to evacuate contaminated area? "For the Japanese, it's almost existential debate," says a French expert on energy, visiting Tokyo. The surveys that follow indicate that the majority of the population wants a nuclear phase-out.

Breach of trust

Reflecting Yuichiro Yonei, student 23 years specializing in energy met at the University of Tsukuba, who lived on March 11 as "a break". The young man, who no longer has confidence in the government's word on disaster management Fukushima, became antinuclear. Many young people who share his position on social networks come to sign the petitions in the tent erected militants since the fall before the Ministry of Economy.

The government Yoshihiko Noda walking on eggshells. It will not go into force. Formally, it does not need the green light of regional governors, elected, but nevertheless takes shelter behind them. To restore confidence, after pointing a report of TEPCO and failures of government, the government is reforming the nuclear safety authority, discredited.

Sixteen reactors only have registered for "stress test". Two of them, Ohi 3 and 4, have been deemed suitable by the International Atomic Energy Agency (IAEA) and could be the first to restart.

The government plans to present in June or July of its energy strategy for the coming years. "We must remove our dependence on nuclear power and build medium to long term a company that will not have to rely on this energy," said the Prime Minister Noda Saturday.

By the summer season of peak power consumption due to the massive use of air conditioning, the Japanese will have to make tough choices: restart their nuclear reactors or pay the current high price; suffer outages new current or reduce their consumption of 10 to 15%.

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Inequalities between men and women managers are not in the gender pay gap. In terms of mobility, too. The Association for the employment of executives (Apec) Thursday released a study showing that both sexes are in fact not at all accommodated in the same boat. If their rate of mobility, internal and external, are strictly comparable, however, there are big differences.

Women executives in, especially before thirty years, more precarious than men, they leave their companies more frequently following an end of CSD (14% of cases for the former against 4% for the latter). Result, levels of responsibility found following these mobilities are very different, with women less likely than men to keep the same level as before their departure (two-thirds of men against 57% for women). Their male colleagues have also promoted more often in cases of internal mobility (43% against 36%).

Another consequence is that wage increases are less frequent after a mobility in women than in men, especially when the transition took place without any period of unemployment. 62% of men see the amount of their payroll advance, against 54% of women. As for the perception of the future, women have less confidence (65%), their mobility was internal or external, and want to move less than men in their company. They also fear more than being unemployed (43% against 36%).

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Apple will host a conference March 7 in San Francisco at 19 am, French time. Program, the announcement of the new iPad, whose invitation to deliver the first image appears.

As every year, rumors are rife about the specifications and new features in Apple's tablet, which should be examined with interest by its competitors.

Two years after the release of the first version, the iPad indeed still dominates the market with 50 million sales, all models, against 12 million Android tablets, and is a reference to the sector payday loans guaranteed no fax.

The new iPad should propose an improved screen, displaying four times as many pixels on the same surface, but could also integrate Siri and why not, be accompanied by an iPad Mini, smaller. This graphic provides an update on the major rumors, according to their reliability.