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The German E.ON and Hydrocop Concessions, a small group of eight French distributors of energy, announced Monday an alliance to win the hydroelectric concessions that France decided to open to competition.

E.ON seeks to expand its presence in renewable energy since Germany has announced its withdrawal from nuclear. The group plans to spend $ 7 billion in this direction over the next five years.

At the request of Brussels, France is preparing his side to open up to competition dominated field by EDF launching tenders for the renewal of concessions of ten hydropower.

The tenders should initially be made on a case by case basis between 2010 and 2013, and the concessions to be granted between 2013 and 2015. But none of the appeals process for applications has not yet started.

"We are late," said a spokesman for the Department of Ecology, adding that the ministry was trying to recruit consultants to finalize the specifications.

The European Union has asked France to open 20% of its hydroelectric plants to competition. The concessions are to be renewed in the Alps, the Pyrenees and central France.

Hydroelectric capacity of France, which reached about 23,500 MW, is now managed by EDF – which operates 85% of facilities in the country – and GDF Suez, which has said it wants to increase its share market sector.

Carrefour Friday categorically denied press reports suggesting the replacement of its CEO Lars Olofsson, but according to a source familiar with the matter, George Plassat, Vivarte boss, has been recently approached and declined the proposal.

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.

While specialists are more likely to charge rates higher than the social security system, the government proposed a reform that displeased both patients and physicians mutual. At Compiegne, for example, 8 ophtalmos charge consultation between 45 and 50 euros.

In the Oise, it is better not to be myopic, but to have a good mutual. Of the forty liberal ophthalmologists present in the department, only five do not require any extra billing their patients. Thus, at Compiegne or Beauvais, all of these specialists is "Sector 2": they have the right to request additional compensation. And they are doing so! At Compiegne, for example, eight ophtalmos charge consultation between 45 and 50 euros.Not to mention the 4 million French people who do not have each other.

Check out our list here

cities where it is not possible to be cared for and costs Safely

Of course, all specialties are not affected. Outside of Paris, the vast majority of general practitioners, nephrologists, radiologists, cardiologists, pulmonologists and pediatricians are still an area that is to say they respect the social security rates. But in other specialties, the situation is getting worse. According to the latest figures released by Medicare, 56% of dermatologists who have opened an office in 2010 settled in Sector 2, 54% of gastroenterologists, 63% of ophtalmos, 82% of gynecologists, 84% of ENT, or 87% of surgeons.

Wall Street opened the session down Tuesday in response to the announcement of lower growth than expected in the third quarter in the United States.

The growth of gross domestic product (GDP) was U.S. lowered the third quarter to 2.0% annualized, according to the second estimate published Tuesday.

These figures are "in line with the general economic malaise that we see in the world," said Michael Mullaney of Fiduciary Trust.

In early trade, the Dow yielded 0.24% to 11,519.15 points.

The European Commission estimates that the pooling of borrowing countries in the euro area could quickly alleviate the current crisis. The counterpart would be a strengthening of fiscal discipline. The President of the European Commission Jose Manuel Barroso (here at a press conference in Brussels April 13, 2011)

The European Commission Wednesday will propose the creation of eurobonds, a system seen by its promoters as a means of achieving sustainable solutions to the debt crisis, but that divides Europeans and has as its corollary a strengthening of fiscal discipline. In a "Green Paper" seen by AFP, the European Commission considers that this pooling of borrowing countries in the euro area could "rapidly reduce" the current crisis.

The debt swap proposed by Greece to its private creditors can reduce more than one third the country's budget deficit next year to reduce it to 5.4% of GDP if it goes smoothly, show Friday the proposed final budget submitted to parliament.

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.

The Tokyo Stock Exchange started the week up Monday, the speakers are partly reassured about the evolution of the European debt crisis even if they prefer not to push the market too high before an auction to be held in Italy later of the day.

The Nikkei gained 89.23 points (1.05%) to 8,603.70 and the Topix has taken 6.72 points (0.92%) to 735.85.

Italy must award five-year bonds, a first test for the new Chairman Mario Monti.

The market has not reacted much to the publication before the opening of Japan's GDP for the quarter July to September.

He assured that the draft prepared by the Tax Commission in Brussels would be considered by the Heads of State and Government of the EU "at the beginning of this year," and promised that France "will fight" in order to so that it is put into service by the end of next year.

The Head of State expressed satisfaction that now "a number of countries have joined the battle of France", quoting indiscriminately the European Commission, Germany, Spain, Argentina, African Union, Ethiopia, South Africa and Secretary General of the UN, which he said Brazil "who said his interest in the process."

The strategic plan unveiled in December Areva could result in the elimination of positions 3000-4000 as "the worst scenario discussed in the management," writes Le Figaro Friday.

The consulting firm commissioned by Areva, the Boston Consulting Group, called for a cost reduction of 30% to weather the current period, the newspaper said, without citing its sources.

According to Le Figaro, Areva said that the terms of the plan are not yet finalized and that the "figures that circulate are not set in stone", the final version to be presented on 12 and 13 December, the newspaper said.

The group declined to comment.

A source close to the company, however, said that the figures quoted by Le Figaro were "pure speculation" at this stage."These figures are not based on knowing that the strategic action plan of the group is in progress," the source said.

Areva has about 48,000 employees including 30,000 in France and 5700 in Germany.

A union source has also told Reuters that a European group committee would be held on October 26 and 27 in the presence of Luc Oursel, the new CEO.

Appointed in June to replace Anne Lauvergeon at the head of Areva, Luc Oursel has already warned that the group could shift some investments to fit the context of the post-Fukushima, and a recovery of finances was "imperative".

He also recently told the German press that Areva planned to stop certain activities in Germany after the country's decision to phase out nuclear power by 2022.

Areva may also have to include new provisions in its accounts to meet the costs of the Finnish EPR and the decline in uranium prices and volumes expected ore group.

Around 9:45, the action Areva lost 0.27% to 21.95 euros. The group's capital is held close to 90% by the French state.

The stock market rally seen since early October, which is largely based on the feeling that Europe has finally committed to the implementation of sustainable solutions to the debt crisis, seems to be over in fear that the ads promised by early November are not up to expectations.

The German Finance Minister Wolfgang Schäuble, who warned Monday that the European Summit of October 23 would not produce a definitive solution to the debt crisis in the eurozone, has dampened the enthusiasm in the marketplace.

Around 16:30, the CAC 40 and Eurostoxx 50, which is still evolving in the green in the morning after a G20 finance considered rather promising Saturday, both lost about 1.6% as a result of these statements.

Noting that the increase of over 12% in 10 days is largely based on hopes and was made in limited volumes, leaving the door open to great disappointment when announcements, investors do not exclude relapse of the markets in the coming weeks.

"The meeting of G20 finance ministers this weekend confirmed the hopes of the market for the rapid implementation of a plan to end the crisis", says Franklin Pichard, director of Barclays Bourse France.

"Politicians have no room for error in communication.The slightest disappointment lead to a violent reaction to the decline in equity markets. "

Buyers expect the ads to be made after the G20 summit on 3 and 4 November in Cannes: strengthening the capacity of the European Financial Stability Fund (EFSF), bank recapitalization European responses to the financial situation worse than expected from Greece and reform of European governance.

"Although we have a constructive long-term vision of the evolution of sovereign risk in the euro zone, the political difficulties to be expected before reaching a final solution we ensure that the road is bumpy markets," said BNP, however, Paribas Investment Partners.

The management group, which benefited from the rebound to move to underweight on equities, does not "further price drops, as we had this summer seem possible."

ING Investment Management also remains on the defensive, a position with "underweight" on the stock markets in Europe, as well as financial and cyclical stocks.

His actions strategist Patrick Moonen is especially before the uncertainties not only about the size of the bank recapitalization program, but also on the quarterly results, which could also disappointed with the economic slowdown and exchange rate volatility.

"The month of October started a rally based on hopes (…) and positions, but few facts," he said.

Strategists market rate of Societe Generale also believe that "the latest developments are a supporting factor for the risk appetite, although the markets think differently this time."

CONSOLIDATION AT THE OPTION OF ADVERTISING

Investors are more reserved vis-à-vis the commitment shown by Saturday the finance ministers of the G20 to support and rebalance the global economy – with a fiscal consolidation in advanced countries and support for domestic consumption in emerging markets.

"If these promises are interesting, they are very similar to previous ones.There are many positive intentions but little detail on implementation, with the exception of Europeans advancing at a rapid pace, "said François Duhen, strategist at CM-CIC Securities.

From the graphical point of view, analysts estimate that the CAC 40 should stumble on key areas of resistance around 3280-3300 points, then from 3450 to 3500 points, and the Eurostoxx 50 on the area of ​​2450-2460 points.

"The movements (up to last week) could be extended a little longer, but we expect corrections, or at least consolidation in the coming days," said Valerie Gastaldy, Analyst Day By Day.

Alexandre Le Drogoff, Aurel BGC, agrees that current levels of the market should be the starting point for a correction, to a resistance threshold of 3.060 points for the CAC 40 and 2230 points for the Eurostoxx 50 … unless it announces a new downtrend.

"I see the French market up against the 3280-3300 and consolidate the liking of ads before leaving, especially since we do not see a buying spree at the moment. It's going a little too fast. This is probably not sustainable, "said Frederic Rozier, manager at Meeschaert Private.

However, despite the dismantling forced Dexia, some speakers stressed that the "worst is over", confident in the ability of policies to avoid a systemic crisis as in 2008, after the bankruptcy of Lehman Brothers.