Leaders of the main Greek political parties have again postponed the meeting scheduled for 24 hours on Tuesday to accept the reforms demanded by donors in exchange for Athens a second aid plan.

A party official who declined to be identified said the postponement was due to the fact that the leaders of the three features had not yet received the text of the draft agreement on this bailout of 130 billion euros.

While demonstrators gathered in Athens burned the German flag, Chancellor Angela Merkel tried to ease tensions. "I will do nothing to force Greece out of Euro", she assured, responding to a Greek student in a meeting with young people in Berlin.

His Dutch counterpart Mark Rutte has however not ruled out such an output. "The rest of the euro area is now strong enough (…) so we can deal with an output of Greece, a Greece faces serious problems," he said ;.

A half an hour of their meeting, scheduled at 19:00 GMT, the leaders of the Socialist Party, New Democracy (right) and Laos (far right) who support the government of Lucas Papadé ; mos still had not received the draft agreement with the IMF and the European Union.

"We can not say yes or no frank without assurances from the competent authorities of the State that these measures are constitutional and that the country will emerge from the crisis," said George Karatzaferis, leader of Laos. "We have time. Since it is about the future of the state, we find the time, "he said

To avoid being insolvent in late March, Athens has been negotiating for months with the troika (International Monetary Fund, European Union and European Central Bank) the granting of the second aid tranche

. Negotiations between Lucas Papademos and donors took almost all night from Monday to Tuesday, until 04:00 (2:00 GMT), right at the start the first walkouts in ports. "No ship left the port of Piraeus this morning, due to the strike of seamen," said a spokesman for the coastguard.

The movement was launched at the call of the main unions, GSEE (private) and ADEDY (public), to denounce a policy which, they say, threatens to lead the country in a destructive spiral.

The Acropolis was closed to tourists, public transport was disrupted during rush hours, hospital staff is minimized. Teachers, employees of banks or telecommunications plan to join the movement.

Scuffles broke out between Syntagma Square police and demonstrators who tried to climb the steps leading to parliament chanting "No to the medieval working conditions, do not give head , resist ".

Participation seemed a little weaker than in previous rallies in recent months, the rain had apparently been due to the desire of some protesters.

"They (the government) were saved by the rain. The weather did not allow the protesters to take to the streets and show their anger, "he told Reuters Ilias Iliopoulos, general secretary of public sector union, ADEDY

. "FINDING A SOLUTION"

Lucas Papademos, Vice-old President of the European Central Bank (ECB), must now convince the leaders of three parties in the diverse coalition that supports it to accept the conditions imposed by the EU and the IMF ..

……. "We must find a solution today," said a government official before the meeting between parties …….

.. The Greek finance minister, Evangelos Venizelos, has meanwhile said the talks between his government and the "troika" – Lender EU, IMF, ECB – were difficult. 

"Unfortunately, the negotiations are so difficult that when a chapter is closed, another opens," he said Monday night.

Tuesday, a source close to the talks we had yet reported progress in discussions. "Our positions are not as far apart as before," said, adding that both sides were working on the contours of the political program that Athens will apply to enter the second plan help.

After weeks of dealings, several important questions have still not been resolved.

COST OF WORK

Greece has yet to find 600 million euros in savings for the current year, a total of 3.3 billion, said a government official.

Troika also requires that the cost of labor in the private sector is reduced by about one fifth. It proposes to do this by lowering the minimum wage by 20% – which would affect the entire pay scale – by eliminating premiums paid leave or certain sectoral wage agreements.

Europe seeks new austerity is accepted by the Greek government coalition and approved by the Troika before February 15, time to settle then the procedures complex techniques involved in an agreement between Athens and its private creditors on a debt exchange.

The EU hopes to avoid a default "disorderly" of Greece, which must be repaid in March 14.5 billion euros of bonds maturing . 

The President of the Eurogroup, Jean-Claude Juncker, said Tuesday he had no doubt on the future of Greece in the euro area, provided that the country meets its obligations vis-à-vis other members of the single currency.

Paris and Berlin Monday urged Athens to accept a new austerity in exchange for financial assistance, but the Greek political parties have postponed their Tuesday response to drastic conditions imposed by donors.

French President Nicolas Sarkozy said it was to settle the Greek crisis "once and for all," Chancellor Angela Merkel saying that his side " time is running out for Athens. "

The two leaders were speaking at a joint press conference at the Elysee while the "troika" comprising the European Union, IMF and the Bank of Central Europe ; enemies is waiting for government commitments and major Greek parties on the vote of these measures. 

The European Commission ruled that the Greek government had missed the deadline to Monday midday to conclude discussions on the subject.

A Greek official said the only deadline is a Eurogroup meeting, but no date is fixed for the meeting, which should however take place this week.

Meanwhile, an agreement between Greece and its private creditors, announced as imminent for two weeks, slow to materialize.

The three parties supporting the government led by Lucas Papademos reluctant to finally commit to austerity measures. Supposed to agree Sunday night and Monday morning, they finally postponed their meeting Tuesday.

BLOCKED ACCOUNT

The news release announcing the postponement, issued shortly after the press conference in Paris by Nicolas Sarkozy and Angela Merkel, no explanation, saying only that Lucas Papademos will further talks Monday with representatives of the Troika.

The leaders of the Socialist Party (PASOK), the conservative party New Democracy and Laos (far right), all vying for the parliamentary elections due in April, are expected to find a compromise on such difficult issues as the reform of the labor market or bank recapitalization. 

Sunday, after five hours of discussion, Lucas Papademos said that party leaders had agreed on a number of measures, including wage cuts, as part a plan to cut spending 1.5% of gross domestic product.

According to an official policy, the three parties have postponed their meeting because they had not received a 15-page summary of the conclusions of discussions Sunday.

The slow pace of negotiations in Athens has eroded the patience of donors, although agreement is essential to avoid a default on Athens 14.5 billion euros debt maturing in March. 

Merkel said she could not conceive of new aid plan "if there is no agreement with the troika."

"The parameters of the regulations are on the table," said Nicolas Sarkozy, in holding that an agreement had "never been closer" and he could not imagine a failure .

The French president on the other hand proposed, with the consent of the German Chancellor, the blocking of an account of a portion of future assistance under the new plan to the tune of interests of the Greek debt remaining to guarantee their repayment to creditors. 

CALL FOR STRIKE Tuesday

The hope of progress in terms of the recapitalization of banks, which would avoid nationalization, Monday favored the increase of these values ​​to the Athens Stock Exchange: Towards 1600 GMT, the local index banks posted a gain of nearly 11%.

But the silence of Athens and the absence of political agreement on the conditions imposed by the troika has weighed on the major European markets: the Paris Stock Exchange closed down 0.7%, the pan-European FTSEurofirst 300 index fell 0.2%. As for the Stoxx European banking stocks, has declined 0.6%.

The euro stabilized against the dollar in parallel, at about 1.3116 against 1.3112 on Friday night.

While political discussions are extended to Athens, the country's two main unions have called for a 24-hour strike Tuesday to protest against a policy that they say threatens to drag the country into a destructive spiral.

To address the unemployment history of young 21.9%, the British government decided to implement a recovery plan £ 1 billion over 3 years. The number of unemployed young Britons spent for the first time the symbolic one million end of September.

Faced with record unemployment of young people, with more than one million 16-24 year olds unemployed, the British government announced Friday a plan to one billion pounds (1.16 billion euros) over three years. Deputy Prime Minister Nick Clegg announced the program on the BBC Friday morning, but did not specify where the money would be collected, while the coalition government is implementing the austerity program the most severe since World War II.

"If the government cut the tax deductions available to families who work to support this new plan, it would be just incredible," he once commented Liam Byrne, in charge of Work and Pensions in Labour. The number of unemployed young Britons spent for the first time the symbolic one million end of September, in an economic climate more and more depressed. The unemployment rate for 16-24 years is 21.9%, or 1.02 million young people in search of a mployment, a record since the beginning of this statistical series in 1992.

Emabuche aids for companies

The government plans to launch in April a "contract young" over 3 years towards 410 000 18 to 24 years. 160,000 young people would benefit from a six-month contract, employers receiving a subsidy for the period of 2275 pounds, equivalent to half the minimum wage specific to young people.

The U.S. government has revised sharply downward its growth in the third quarter. It is 2% annualized, or 0.5 points less than what was announced in October. U.S. President Barack Obama.

The U.S. government said Tuesday it has revised sharply lower growth rate of GDP of the United States in the third quarter. From July to September, the U.S. gross domestic product grew by 2.0% annualized over the previous quarter, said the Commerce Department, reviewing and down 0.5 point first growth estimate published at the end in October. According to their median forecast, analysts expected a confirmation of the first estimate of the ministry.

This action is the publication director of Libération Demorand Nicolas, Yann Filipino journalist, Sarl Libération and MP Gerard Bapt, chairman of the parliamentary information mission of the Mediator. The boss of the company that makes the Mediator, Jacques Servier, the day of his hearing in the National Assembly (March 2, 2011).

Servier Laboratories pursue defamation before the correctional court of Paris newspaper Libération and MP Gerard Bapt PS, for stories and comments relating to the scandal of the Mediator, according to a subpoena which AFP obtained a copy Sunday.This direct quote is the managing editor of Liberation Demorand Nicolas, Yann Filipino journalist, Sarl Libération and MP Gerard Bapt, chairman of the parliamentary information mission of the Mediator, which will run January 6, 2012 before the 17th Criminal Chamber of the Paris Court.

According to the text of the direct quote, Servier acknowledges Liberation in its edition of September 7, 2011 dedicated to a different drug from the laboratory, Protelos – which would have minimized the side effects – have set out "a series of charges that are seriously defamatory against Servier. " Nicolas Demorand in an editorial, wrote that Servier "had erected lying and manipulation economic model", so that after the Mediator, "is now a scandal that Protelos."

In an interview with Liberation, MP Bapt stated that Servier had sought to play down the effects of Protelos from judsqu'à including "falsifying case for the death of patients do not appear." PS MP had accused Servier of "perverse and developing methods not only for the Mediator." According to the direct quote, the lab accuses journalists and MP PS stated to have "a series of charges which are seriously defamatory against Servier" in particular, accusing Servier to have "relapsed" with the Protelos and accusing him of "falsifying documents" about the drug against osteoporosis.

Servier believes in its citation that defamation is made public "due to the seriousness of the false accusations." He requested 50,000 euros and publication of the trial in which several daily Liberation.

The economic downturn continues in the major economies, especially Germany, Italy and Brazil, leading indicators show the OECD published Monday.

Declined for the fifth consecutive month, these leading indicators are now below the 100-which distinguishes the increase in lower activity – in most countries of the Organisation for Economic Cooperation and Development.

Japan, the United States, Germany and Russia are the only countries for which the leading indicators remain above this threshold.

The CLI for the OECD area as a whole declined to 100.8 from 101.4 in July.

The G7 countries fell back to 101.1 from 101.7.

For the U.S., the indicator decreased to 101.5 from 102.1.

The indicator fell back by 0.9 points to 99.1 for France and 1.3 points to 100.5 for Germany.

Among the large emerging economies, the indicator for China was down 0.3 points to 99.8 while that of Brazil gives up 1.2 points to 94.8.

The name of the successor of François Chérèque is already known for three years, provides a blog linked to Figaro.fr. The handover could take place in mid-2012. The departure of François Chérèque of the post of secretary general of the CFDT could happen in mid-2012.

François Chérèque of the estate at the head of the CFDT is folded from "a long time," says the BBC journalist Mark Landre on his blog The Cartoon Network. According to him, Lawrence Berger, national secretary in charge of employment and organization, no doubt replace the current general secretary. The decision would even be fixed for three years. "The question is not whether Lawrence will take the place of Francis, but when," reportedly said a central part of Belleville. According to him, this could be done in an early departure of François Chérèque "in mid-2012."

Asked about taking a stake in Qatar's capital, a spokesman for BNP Paribas reiterated Thursday the line of the bank, repeating that the group would reach the prudential ratios Basel III without injection of capital.

"About Qatar, BNP Paribas said that he will be able to meet in January 2013, ie six years before the end of 2019, the core Tier One ratio of 9% within the Basel rules III without capital increase, "she told Reuters.

"BNP Paribas leads naturally as road shows each year to present the company and promote its work with investors around the world," she said.

These statements occur when a source based in the emirate said on Wednesday told Reuters that Qatar is in talks with BNP Paribas and other French banks about possible equity participation.

The avenue has returned to Paris in 2011 the European city where commercial rents are the highest in the Old World. It is the fifth largest in the world.

The rental value of the Champs Elysees was up 5.3% over the last twelve months 7364 euros per square meter per year, according to the study of real estate advisory firm Cushman & Wakefield on Thursday. It precedes and New Bond Street, who had dethroned in 2010, but the increase was smaller this year, from 4.3% to 6,901 euros per square meter per year, and retrograde in the fourth to sixth .

"In contrast to the decrease of 9.5% recorded last year," the increase in rental value of the Champs-Elysées "sign a comeback of the most beautiful avenue in the world, recently hosted several openings and significant transactions "said the annual study, citing in particular came programmed Marks and Spencer and Banana Republic.

The avenue also welcomed recent months many textile retailers such as Abercrombie and Fitch, Tommy Hilfiger and H & M, to the regret of the City of Paris, fearing that the movement would jeopardize the cinemas and restaurants on Avenue. "Other projects could materialize in the coming months and push even the rental value" of the best locations on the Champs-Elysees on the rise, the study provides.

"The economic recovery, even fragile, the development of tourism in the capital and reducing the number of opportunities available whet the appetite for major international brands already present in Paris or wishing to establish themselves," says Christian Dubois CEO of Cushman & Wakefield France. In addition to the Champs-Elysees, other districts of Paris are "very attractive to retailers (Opera / Madeleine Le Marais, Boulevard Saint-Germain, etc.)." Notes the study.

The Paris appeal is not limited to mass education, the study adds. "Boosted by the launch of new luxury hotels, the luxury market, through various openings, such as Chloe Rue St. Honore, or the pursuit of upscale department stores, appears as one of the big winners of the crisis, "says Dubois.

Changes in world ranking

Globally, the top three remains unchanged: the 5th Avenue in New York is still the most expensive shopping street, for the tenth consecutive year, to 16,704 euros (+21.6%), followed by Causeway Bay in Hong Kong to 14,426 euros (+16.7%) and Ginza in Tokyo at 7,750 euros (+8.7%).

Pitt Street Mall in Sydney, however, was hoisted from ninth to fourth place with 7,384 euros, with a jump of 33.3% of its rental value. Overall, the main arteries of global trade have been aggressive. "Despite the fragility of the economic climate and consumer sentiment in many countries", 81% of 278 analyzed sites in 63 countries "have experienced an increase or stability of their rental value against 66% in 2010," said M . Dubois.But "a significant further increase in rents and widespread" seems "less certain now" in the context of debt crisis and economic slowdown.

President Barack Obama announced Monday it had decided to appoint the labor market specialist Alan Krueger at the head of the Economic Council of the White House, while it should detail a plan next week to support employment.

Alan Krueger, an economist at Princeton University, will succeed Austan Goolsbee, whose resignation was announced in early June.

The appointment comes as President Barack Obama has detailed a plan to support employment after September 5, the day of the celebration in the U.S. Labor Day, which traditionally marks the end of the summer.

Austan Goolsbee, adviser to longtime Barack Obama, decided to leave his post as head of the Economic Council to get back to teach at the University of Chicago.His departure was a blow to the White House.

With an unemployment rate of 9.1% and fears of more serious view of the U.S. economy plunge into recession, the American presidency in fact trying to show that it does everything it can to support growth.

In the Garden of the White House alongside Alan Krueger, Barack Obama said he would build on the "raw recommendations" of the latter to stimulate the U.S. economy.

"Alan understands the difficult challenges facing our country and I am confident he will help us meet them," said Barack Obama.

PLAN FOR EMPLOYMENT

The U.S. president said he would detail next week a plan to support purchasing power and employment.

"Next week I will be releasing a series of steps that Congress can take immediately to put more money into the pockets of working families and those of the middle class, to facilitate employment for small businesses, to put teams construction work and rebuild roads, railways and airports in our nation, "he said.

Barack Obama hoped that this plan harvest support large, beyond the partisan disagreements.The Republicans have so far shown reluctance to stimulus involving additional costs.

Against the backdrop of fears around the gloomy figures for growth and employment, the popularity of Barack Obama has dropped to about 43%, close to its lowest level since the beginning of his presidency and as it prepares to appear for a second term in 2012.

The appointment of Alan Krueger must obtain the consent of the Senate.