France
Papandreou Says Obama Is `Supportive' of Measures to Stem Deficit Crisis Greek Prime Minister George
Papandreou said President Barack Obama expressed support for
measures being taken to deal with Greece’s financial crisis.
Hedge-Fund Losses Show Drop in Euro Fails to Benefit All Currency Traders Hedge funds that trade currencies
are taking hits from politicians casting them as speculators out
to sink the euro and push Greece into insolvency. They are also
losing money.
French Stocks Fluctuate: Orpea, Valeo, Vallourec Advance, Faurecia Falls France’s CAC 40 Index advanced
12.51, or 0.3 percent, to 3,922.52 at 12:37 p.m. in Paris. The
SBF 120 Index also climbed 0.3 percent.
France, Italian Industrial Output Rose in January, Signaling Recovery Gain French and Italian industrial
production jumped in January, signaling the recovery is gaining
pace in the euro-area’s second and third largest economies.
Greece's Financial Crisis Is `Over,' Former EC Commission Chief Prodi Says The worst of Greece’s financial
crisis is over and other European nations won’t follow in its
path, said former European Commission President Romano Prodi.
Accor Says Recovery From 2009 Drop in Hotel Revenue May Take Five Years Accor SA, Europe’s largest
hotelier, said recovery from last year’s revenue drop will take
at least four to five years in Germany and other saturated
markets as the possibility for price increases is limited.
JCDecaux Won't Pay Dividend After 2009 Net Income Misses Analyst Estimates JCDecaux SA, the world’s second-
biggest seller of outdoor advertising, posted a bigger drop in
full-year profit than analysts estimated because of an
unprecedented ad slump.
European Stocks Fluctuate, Fortis, ICAP Climb as Stoxx 600 Little Changed European stocks fluctuated as the
Stoxx Europe 600 Index remained near a seven-week high for a
third straight day. Asian shares and U.S. index futures were
little changed.
Europe Needs to Push Spending on Gas Infrastructure, ENI's Scaroni Says Europe should promote spending on
infrastructure to deliver natural gas to consumers from new
sources of the fuel from Africa, Turkmenistan and Kazakhstan,
Eni SpA Chief Executive Officer Paolo Scaroni said.
Pernod Ricard Hires Barclays Capital, HSBC to Sell Six-Year Bonds in Euros Pernod Ricard SA hired Barclays
Capital, HSBC Holdings Plc, Mitsubishi and Natixis for a sale of
six-year bonds in euros, according to a banker involved in the
transaction.
Iraqi Leaders Maneuver Amid Signs No Party Will Win Majority in Election Iraq faces tough political
coalition-building as leaders maneuvered amid indications that
no party would win a majority when initial results from the
parliamentary election are announced.
Brown Calls for National Unity in U.K. Amid Government-Worker Pay Freeze Prime Minister Gordon Brown will
call on Britons to unite behind his government on the day many
government staff learn whether their pay has been frozen.
Myanmar Opposition Weighs Whether to Join Election After Suu Kyi Banned Myanmar’s opposition party will
begin assessing election laws announced yesterday that ban
detained opposition leader Aung San Suu Kyi and other political
prisoners, a spokesman for the party said.
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