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Germany has been shaken Monday by a wave of strikes in public services. Consequence of the good health of the German economy, despite the crisis in the euro area: trade unions Ver.di and DBB are demanding wage increases of 6.5% after ten years of effort. The failure of negotiations started last week caused a series of movements that need to occur across the states throughout the country until the end of the week.

Monday, nurseries and kindergartens in Kiel, the capital of Schleswig-Holstein, were closed while the garbage was not picked up in Hamburg. "Several thousand" civil servants took part in the movement in Hesse, according to the services union ver.di Approximately 3,000 others were on strike in the neighboring state of Rhineland-Palatinate.

The city of Frankfurt, the financial capital of the country, was particularly affected traffic in metro and tram stops completely. Cruises on the Elbe are canceled and administrative services will run at idle in the north on Tuesday.

Wednesday, all municipal utilities will be affected in North Rhine-Westphalia, the most populated of Germany, and in Baden-Wuerttemberg, one of the richest. And a touching move 10,000 civil servants in Bavaria was announced Thursday. Only the city-state of Berlin is spared for the moment.

Claims up sharply

With this "warning strike", the unions agreed to lobby in wage negotiations began last week, but did not give any result yet. They cover employees of the federal government and municipalities, but not those of the Länder, which depend on another collective agreement.

Ver.di and DBB (union officials) demanding an increase of 6.5%, with a minimum of 200 euros per month on the paychecks of two million civil servants concerned.

Besides the public, other major sectors of the German economy lead or are about to open negotiations, for which the unions, who agreed to wage demands put on mute during the crisis to safeguard employment, have reviewed their claims up sharply.

Negotiating the most anticipated, for the 3.4 million employees in the metal, due to open March 6. Led by IG Metall, which claims 6.5% increase, it affects steel, machine tools, machinery, automobiles, appliances or semiconductors.

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Who will be the big loser of the arrival of Free Mobile? While Orange, Bouygues and Vivendi have just published their annual results and must submit his Free Thursday, the operators have their accounts.

In only six weeks, Free Mobile would have earned 1.5 million customers, according to estimates by Stéphane Richard, CEO of France Telecom. Free for now refuses to confirm.

But everyone sees what he lost. Orange said 400,000 of its customers had left for Free Mobile. Bouygues Telecom, a quarter of customers since January parties have joined Free Mobile or 134000. SFR did not elaborate, but analysts said it could provide around 300,000 customers Free Mobile.

500,000 net new subscription

It remains to evaluate clients lost by MVNOs, network operators without these, like Virgin Mobile, La Poste Mobile, Auchan Telecom, etc.. "Some of these operators have lost heavily at the start of Free Mobile. While some have reacted very quickly, it was to stop the bleeding. They have de facto acted as shock absorbers for Orange, SFR and Bouygues, "said one analyst.

MVNOs with models based on commitment and with a strong distribution network suffered the least. And NRJ Mobile, which has 90% of customer engagement in and benefits from the network of bank branches CM-CIC, has limited the damage. The operator that displays 1.1 million customers continued to win in January, before losing around 5,000 in February. "Ultimately, MVNOs may have lost between 200,000 and 300,000 customers," said one analyst.

Summing up all these figures, Free Mobile would have earned about a million customers in the market in its various competitors. The remaining 500,000 would net creation, that is to say, new subscriptions. Given its attractive price, consumers who already have a subscription and can be subscribed to the offer 2 euros (EUR 0 Free for subscribers) as a second subscription or subscription relief.

One thing is certain: the fierce competitive battle was triggered not leave room for all operators and everyone is fighting for its survival.

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Are we delivering. Sunday, the countries of the euro area seemed to want to push a key decision: that of increasing, or not, the size of the firewall in place to deal with the debt crisis. The issue was the focus of discussions at the G20 summit in Mexico, attended this weekend finance ministers and central bankers of the twenty most powerful economies in the world.

The United States, the emerging and most European countries believe that the firewall would not be enough if we had to help Spain and Italy. Currently consists of the European Financial Stability Fund (EFSF), which will be replaced by the European Stability Mechanism (MES), the device said firewall may lend 500 billion euros. Many argue for an increase in its lending capacity to $ 1000 billion (750 billion euros).

But Germany was opposed. This increase in lending capacity "would create a disincentive for countries to continue the consolidation and reform," said Mexico City on Saturday to German finance minister, Wolfgang Schäuble. The latter then suggested Sunday that the decision on the size of the firewall would not necessarily be taken at the EU summit on March 1 and 2 next, as was previously planned. "Mars goes from 1 to 31," stressed Wolfgang Schäuble. "Between 1 and March 31, we will examine whether the volume of the stabilization mechanism is sufficient in light of recent events."

Requirements of emerging

For Germany, this calendar is compatible with the international deadlines. In April in fact, that the question of more resources for the IMF (International Monetary Fund) to be determined, as was to clarify the G20 communiqué. But the two issues are linked. The Bric (Brazil, Russia, China, India and South Africa) do not want to contribute more to the IMF on two conditions: they have more power within the international body that Europeans and reinforce their own barrier fire. They reiterated Saturday on the sidelines of the G20. Just as they emphasized their opposition to the rule that the presidency of the World Bank, renewable in June, back in the United States.

Ultimately, the final communiqué of the G20 would be a difficult balancing act, recalling that the strengthening of the countries of the euro zone's firewall, point to consider in March, is "essential" before the IMF's resources can be identified . The text should also state that the rise in oil prices threatens the global economy. The United States examine the possibility of dipping into their strategic reserves. But they do not call the other G20 countries to do likewise.

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Remained elusive to date on the possible assistance that could contribute to Europe to solve its debt crisis, China is beginning to establish conditions.

Thursday, the Chinese Ministry of Commerce has strongly condemned the recent anti-dumping investigations launched by the EU against him, suggesting that their maintenance could jeopardize any assistance from China to the Old World.

"While the global economy is still not out of the financial crisis, many European countries are stuck in the sovereign debt crisis, all countries should adopt a cooperative, open and tolerant to work through this crisis' , he said on his website, adding: "The European anti-subsidy investigation to the outside world sends the wrong signal that protectionist (..) undermines Sino-European joint efforts to address the crisis."

The European Union opened an anti-subsidy investigation on some organic coated steel from China, coupled with an anti-dumping investigation launched last December 21 on imports of these products. Procedures triggered by a complaint by Eurofer, which represents over 70% of European manufacturers of the products concerned. According to the website of the European Commission, these producers believe that their Chinese competitors receive subsidies in the form of tax exemptions and purchases made by the Chinese government over the market price.

Beijing claims its status of "market economy"

"The Chinese professionals in the industry have expressed strong dissatisfaction with the investigations that violate WTO rules," said in response that the Chinese Ministry states that it "will follow with great attention the development of this case."

At the 14th Sino-EU summit held last week in Beijing, Premier Wen Jiabao had stated its support for European integration and the euro while promising to be more involved to find a solution to the debt crisis. "China will continue to invest in government bonds, while ensuring their safety, liquidity and the appreciation of their value," had assured, meanwhile, the president of the Chinese central bank, Zhou Xiaochuan, before defending his country would "become more involved in finding a solution to the debt crisis in Europe through various channels such as the IMF, the European Financial Stability Fund and the European Stability Mechanism."

At that time, Beijing had reissued the hope that the EU recognizes its status of "market economy", without waiting for 2016, when this status will be granted under the accession agreement China to the WTO. 

"When a country is not under market economy status, the EU can impose antidumping duties very high with very little evidence," said Patrick Messerlin, director of the Groupe d'Economie Mondiale (GEM).

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Under the fiscal 2011, TF1 achieved stable sales to 2.62 billion euros compared to 2010. However, the chain headed by Nonce Paolini seen advertising revenues fall by 2.9% to 1.5 billion euros. What encouraged the group to a conservative forecast for 2012.

However, the advertising revenue of the group TF1 is up 1.6% to 1.821 billion. As for the M6, this increase is due to activities including digital and video advertising on the Internet and the integration of TMC and NT1.

A trend found in the income grouped under the activity Broadcasting France (2.1 billion euros, up 1.2%) and includes the subsidiaries e-TF1, TF1 Enterprises and pole production doped in 2011, by the success of the movie "Untouchables".

The turnover "other activities" increases, meanwhile, from 4% to 1.115 billion euros. Growth on redemption of TMC, NT1 and share in Metro France.

Strict financial orthodoxy

Lack of blockbusters, and because of the collapse of the video market, the subsidiary rights audiovisual saw its sales fall by 27.4 to 115.5 million euros No teletrak payday loan.

For its part, the group's net profit down 20% to 183 million euros. The group recalls that excluding exceptional items of 82.8 million positive net earnings were boosted in 2010, the 2011 would print up 25%. Operating profit increased by 22.8% to its 282.9 million euros.  

The first private television group, which combines still 23.7% audience share, has improved its operating profitability as the latter increased from 8.8% in 2010 to 10.8% improvement in 2011.Une due to the decreasing cost of the grid's flagship TF1 who returned from 950 to 905 million euros.

For the years 2012/2013, TF1 has also decided to revise downwards the forecasts of the latter to € 930 million against a forecast 2011/2012 to 950 million. In fact, the subsidiary of Martin Bouygues is clearly the choice of strict financial orthodoxy.

In exchange, these ads are welcome. The title wins more than 7%.

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From our special correspondent in Toulon

Spirit of Toulon, are you there? Pending the arrival of the president, we could see a backdrop composed of a large red white blue rectangle surrounded by two rings of gold stars, the emblem of Europe. One way to summarize the message of the President Thursday night: a France supreme in all European refounded. Thursday, Nicolas Sarkozy has said little about the rebuilding of capitalism, the first theme of the speech of Toulon in 2008. This is the rebuilding of Europe was in the spotlight. The head of state wanted to show that France will not return "control of his destiny" after the shock of the crisis, as the fight against deficits and European solidarity.

To reconnect with "trust" and to dispel the "fear", look "face the truth," Sarkozy warned payday loan lenders. This truth, he said, is that of a "new cycle".He reiterated the importance of principles such as non-replacement of an officer and two indicated that they could no longer keep "the same organization of our social protection", or the same "system of work sharing." He preferred to announce a "social summit" in January on these topics.

Allusions to presidential

Another word carefully avoided, that of "federalism." The purpose of the speech was well Toulon to reaffirm the principle of national sovereignty by avoiding the risk of isolation. "We will not control our destiny alone," hammered Nicolas Sarkozy.

The crisis will not spare the textile and clothing, nor in 2011 nor in 2012, according to latest figures released yesterday by the French Institute of Fashion (IFM). Falling from 11.7% in France in the third quarter, sales of clothing have declined 2.1% in 2011, the fourth consecutive year of decline. Much worse than in 2010 (when sales had dropped by only 0.6%), the trend is not likely to reverse in 2012: against the background of a prolonged economic slowdown, the IFM provides a fallback of 1.8%.

Consumption at half-mast and a surge in raw materials (cotton, wool, oil …) continue to affect the sector. "Rising costs could not be passed in part to the customer on prices because demand is down," said Gildas Minvielle, head of the Economic Observatory of the IFM.Consumption can not grow, says he, "when we have an economy that is growing at quite low. It takes 2 or 3% of overall growth in consumption "to expect to see a" dynamic "re-emerge in this sector, he added. It is far less than 1% growth.

The decline in sales has not yet been felt on the production of the textile industry, stable since 2009. She even posted a sales increase of 8% in late August, thanks to strong exports, supported by Asia. But industrial activity may be overtaken by the crisis, "in case of continued deterioration seen since the summer," warns the IFM.

Consumer bipolar

To resist, distributors sharpen their weapons, and strategic marketing. Much attention is given to new behaviors and consumer demands.

The French Union of seed (FSU) also points out that the 16 million paid out last year's wheat, 10 million were paid to farmers, were donated 5 million and $ 1 million to seed a fund of research. The same principle should be applied to this new tax.

Support research in seeds to increase diversity would be the ultimate goal of this law, according to the manufacturers no teletrack payday loan. "We evaluated the research costs of the 71 seed who work on French territory to 200 million euros a year. This is the budget looking for Monsanto alone! We alerted members to the need to collect these funds to continue to have French breeders, not just foreigners in France, "insists Francis Burgaud.

Wall Street, which closed on a sharp decline yesterday was unable to rebound in a market still worried by the European public debt. The Dow Jones gained 0.22%. In contrast, the Nasdaq lost 0.60% to 2572.50 points and the S & P 500 shows a symbolic drop of 0.04% to 1215.65 points.

Expectations about the ECB

The new president of the institution, Mario Draghi said on Friday that the first objective of the ECB is price stability. "Our credibility implies the success of our monetary policy is to anchor inflation expectations in the medium and long term," he said. According to traders, however, the ECB would have repurchased Italian debt on the secondary market. According to the German press, it would also quietly imposed a weekly limit of twenty billion euros for its purchases quick cash.

For the Hexagon, the relaxation appears to operate slowly. The spread between 10-year German and French this morning narrowed to 169 basis points against more than 200 yesterday.

Greece has in turn lowered the deficit target for next year, to 5.4% of gross domestic product (GDP), after 9% in 2011. The draft budget was initially a difference between revenue and expenditure of 6.8%.

"The euro area is becoming increasingly moribund," says the broker IG Markets in a note. He also adds that the situation on the interbank market is deteriorating, creating an "ultimate stress" on the stock exchanges.

Unions and senior civil service did not hide in the day Thursday, their fear of participation for the first dive vote simultaneously in all jurisdictions of the state and all hospitals (it was around 64 % in previous elections).

The former pointed to many problems: errors in the delivery of ballots in the electoral lists, complexity of the software used in e-voting Education …

The latter, without denying the difficulties, in advance have found that the federations of civil servants should take some responsibility paydayloans. "Even the great labor leaders" are engaged in the campaign, noted the Minister of Civil Service, Francis Sauvadet.

This fear seemed about to be true, in view of the first digit.Thursday late evening, less than 40% of voters, according to unions, National Education, which alone accounts for almost half of the officials.

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