Georges Plassat, CEO of owner signs Andre Minelli or Kookai, was approached by the shareholders of Carrefour and declined the offer this month, said the source told Reuters.

"It has been proposed and he said 'no'.It was during November, "said the source.

"There is still no candidate to succeed Lars Olofsson."

Le Figaro wrote in its Friday edition that George Plassat was approached to lead Carrefour.

"It is courted for months by the main shareholders of Carrefour," the newspaper said.

"He refused the post of CEO before the summer because it was hard to find a successor to lead Vivarte (…) More and more interested in a challenge to his position, George Plassat has not closed yet the door to negotiations. On the contrary, "continued the newspaper.

The major shareholders of Carrefour are the fund Colony Capital and Groupe Arnault, the family holding company LVMH CEO Bernard Arnault.

The text states that the exchange, a key component of the plan to reduce government debt developed by the European Union and the International Monetary Fund (IMF), would be to exchange 200 billion of existing bonds against 70 billion euros of new shares and 30 billion euros of cash payments to creditors who will accept it.

It is therefore equivalent to the creditors to agree a 50% loss on their receivables.

Without trade, the deficit would reach 6.7% of gross domestic product next year against 9.0% this year.

"After a history of steady growth, the evolution of public debt will now be reversed," he told MEPs Finance Minister Evangelos Venizelos, in the budget.

"Now the path is a reduction of public debt to alleviate the burden on the shoulders of the Greeks."

The draft budget for 2012 will be initially discussed in committee next week, the plenary vote is scheduled on December 7.

Sign of the serious concerns surrounding the monetary union, the euro is less resistant to storm the previous day. He fell under $ 1.35 and was trading around 1.3497 dollars in late afternoon.

In the wake of the countries now in the crosshairs of the markets, Italy and Spain, whose 10-year rates and spreads (spreads) performance with Germany were strained, France saw its 10-year spread with the Germany to a new high since the launch of the euro in 1999 to 190 basis points (the nominal rate of 10-year OAT standing at 3.68% against 1.77% for the German Bund).The historical record of the spread (250 bps) above the euro and goes back to January 1990.

The Paris Stock Exchange ended down 1.92% to 3049.13 points, those in Frankfurt and Milan, down 0.87% and 1.08% respectively. The index of the principal values ​​of the euro area, the Eurostoxx 50, lost 1.32%.

Outside the euro area, London has resisted (-0.03%).

Financials (banks and insurance) (-1.4%) (-1.85%) and construction (-2.12%) recorded the largest falls in Europe and sector weighed on the stock exchanges, including in Paris.

The automaker, which holds a 15% economic interest in EADS and 22.5% of the voting rights, is seeking a buyer for part of its participation.

In return for the lifting of the objections of the FDP, the German state will sell stakes in other companies such as Deutsche Post and Deutsche Telekom, it was said.

The reversal of the Liberal Democrats FDP, the CDU partner of Angela Merkel, will allow the state development bank KfW to buy half of the 15% held by Daimler in the European aerospace consortium.

A government source said that the automaker would retain the remaining 7.5% beyond 2013.

She said the issue of price has not yet been addressed and has no agreement is expected before July.

No one at Daimler, EADS or KfW has agreed to comment on the report.

EADS is governed by a shareholders led by the French Lagardère and Daimler.

The euro area, you love it or leave it. This is essentially the message from Nicolas Sarkozy and Angela Merkel George Papandreou yesterday evening after a mini-crisis summit in Cannes. French President and German Chancellor asked their conditions in the referendum decided by the Greek Prime Minister: consultation will not include the bailout of the euro but on the desire to remain or not in the euro area. And it must take place before Christmas.

"It is clear that the question that is posed is that of the European future of Greece.Her outfit is however conditional on the vote of confidence in Parliament of the Greek government policy and the possible holding of early parliamentary elections, but if this referendum does take place, that meet the Greeks? "The Greek people will not come out of the single currency, says political scientist Georges Sefertzis expansion. Com. It is not against the euro than the Protestant population. It is against the decisions of austerity and hard above all very unfair. "

Yes, but in these times of severe political instability and confusion of the population, no one can say that the ras-le-bol massive Greeks will not materialize by a protest vote at the polls. That is to say no to the euro area. In principle, no country can leave the euro area. Neither the release nor the only possible exclusion from the European treaties. However, nothing seems to prevent it if a country so requests.

After declining 1.4% in September, new registrations in the Hexagon rose 2.8% last month to 176,203 units. The change means in raw data and adjusted for working days in October 2010 and October 2011 were both counted 21 working days.

The PSA Peugeot Citroën registrations fell by 4.5% in October, after -18.4% in September, while those of Renault continued to rebound with an increase of 11.3% last month.

The first ten months of the year, the French market is growing by 0.4%.

In Manila and Kaliningrad? Girl or boy? Several countries have claimed Monday the symbolic birth of seven billionth person on the planet today, the opportunity for the UN to call attention to the challenges of population growth.

See also Slide show: That's it, we are 7 billion.

The level of 6 billion was reached in 1999. The United Nations had then chosen Nevic Adnan, a baby born in Sarajevo, as representative of the six billionth human coexist on earth.This time, the UN has refrained from designating a "winner" in advance and many countries have planned to announce the lucky winner was born at home.

A Filipino, Indian or Russian?

In this game, the Philippines has been the fastest. Danica May Camacho, born two minutes before midnight Sunday in one of the poorest countries in the world, is a lovely little girl of 2.5 kg. His parents, Camille and Dalura Florante Camacho, were welcomed by UN officials who had brought a small cake for the occasion. "She is so beautiful. I can not believe it is the seven billionth person on the planet," Camille has moved Dalura in the delivery room of the Jose Fabella Memorial Hospital, a public hospital in the capital Philippine invaded by journalists.According to the United Nations Fund for Population Activities (UNFPA), the Philippines is the 12th most populous country in the world with 94.9 million inhabitants, of whom 54% are under 25 years.

But India, a country-continent with 1.24 billion people and by 2025 should become the most populous country by China, with nearly 1.5 billion people, has in turn announced coming into the world of Nargis. The little girl was born at 7:20 local time (1:50 GMT) for a 23 year old mother and a father of 25 years in the dusty village of Mall, in the State of Uttar Pradesh, told AFP a spokesman for Plan International, an organization caricative based in the UK.

Two Russian regions, the most eastern Kamchatka, and most western Kaliningrad, also dispute the title.

The top of the eurozone, which ended in the night between Wednesday and Thursday led to a series of measures to resolve the crisis, including the deletion of 50% of the Greek debt to private creditors and the strengthening of the Fund stability in the euro area.Here are the details of decisions taken by all European leaders.

A discount of Greek debt to 50%

Banks and private equity funds that hold Greek debt have agreed to voluntarily relinquish 50% of their claims on the national debt by 2020: specifically, from January 2012, they will exchange their debt obligations Greek against others whose value will be halved. This represents a deletion of 100 billion euros of Greek debt, currently at 350 billion euros. Fund stability in the euro area (EFSF) will bring to these private creditors 30 billion euros in guarantees on these new claims.The plan of 109 billion euros in public aid (EU and International Monetary Fund) for Greece decided on July 21 is replaced by another, amounting to 100 billion euros, until 2014, who s will accompany closely monitored by the creditors of the implementation of reforms required in the country. Athens will have to find 15 billion to reduce its debt through privatization.

Recapitalized banks to the tune of 106 billion euros

Hard equity banks (equity capital and retained earnings) will reach 9% "30 June 2012." To achieve this, "banks will have to appeal primarily to sources of private capital." Until this objective, "the banks should be subject to some constraints on the distribution of dividends and payment of premiums."The European Banking (ABB) was evaluated Wednesday at 106 billion recapitalization needs, which will involve 70 schools. Greek banks are the most concerned (30 billion) before the Spanish banks (26.16 billion) and Italy (14.77 billion).

The EFSF increased up to 1000 billion

The EFSF, currently has a capacity of loan of 440 billion euros, will reach a strike force of about 1,000 billion. Two mechanisms should complement each other for this purpose. The first will be to ensure some of the potential losses of private investors when they buy government bonds on the primary market. The other is to create one or more special funds (special purpose vehicles) to attract outside investors private or public, as emerging markets.The text mentions, without elaborating, "an even closer cooperation with the International Monetary Fund."

The ECB may continue to buy back debt

The governments of the euro area may have to count on the role of the ECB firefighter to support fragile states such as Italy and Spain. Its future president, Mario Draghi, has promised to continue to do so if necessary.

Golden Rules of generalized

The golden rules of a balanced budget will be generalized. Among the measures to strengthen fiscal discipline common EU monetary figure "the adoption by each Member State of rules on passing a balanced budget the Stability and Growth in the legislation, preferably at the constitutional level or equivalent end of 2012, "the statement said.

Highs in the euro area generalized

Highs in the euro area will be held twice a year.They will be chaired, at least initially, by the President of the EU, the Belgian Herman Van Rompuy. A change in the EU treaty is considered.

The Senate will consider this text as from 17 November.

At the end of this reading by MPs, the projected deficit for 2012 amounted to 80.321 billion euros, a reduction of 1.451 billion euros compared to the initial deficit was expected to 81.772 billion euros.

But the draft budget for 2012 is built on a growth assumption of 1.75% which, because of the crisis, is considered "optimistic" by many and the government has already announced that new measures would be taken if necessary.

Prime Minister Francois Fillon praised Tuesday the UMP group for his "outstanding work", reported a number of members present at the weekly meeting of the majority group.

"You have been consistent. What you have done is remarkable," he said, referring to the group's decision not to practice in bidding and its amendments have made nearly $ 1.5 billion 'savings.

"This is a true and budget.It is solid, serious and responsible, "said Jerome Chartier UMP.

A BUDGET FOR EVER CADUC PS

But the spokesman of the Socialist Group in this debate, Pierre-Alain Mute, called the budget "to the list of measures which emerges Prévert no other logical that blind and massive austerity."

"It's unfair and a budget already spent," he said.

For Pierre Moscovici, a relative of the Socialist candidate for president in 2012 François Hollande, "It's surreal."

"We vote on figures known to be counterfeit," he told reporters.

Among its main measures, the Finance Act 2012 provides for taxation of high incomes, a tax on drinks containing added sugars and artificial sweeteners, a reduction of real estate gains in some cases for the sale of a residence secondary school.

After this vote, Members should begin to review the draft law on financing of Social Security (Social Security Financing Bill) 2012.Only 2 November they will begin to discuss the second part of the budget, the expenditure.

The Assembly will vote Nov. 16 by a solemn vote of the entire draft budget law for 2012 that the Senate will consider from the day in public.

The final vote on the draft budget for 2012, the last of the five-year term and is expected by mid-December.