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Stabilize the turnover of The Post in 2010, despite declining mail. That is the goal of President Jean-Paul Bailly, who surrendered Thursday at conservative projections. 2010 is a key year for the group, became a company limited by shares on 1 March in anticipation of a capital increase of 2.7 billion euros, funded by the State and the Caisse des Depots.

The past year has finally been better than expected. Jean-Paul Bailly talks about a "beautiful resistance group in a rather difficult year." The Post has achieved 395 million euros of savings and leaving only three have been replaced. The financial structure remained "almost stable", even if it is "extremely fragile", with net debt of 5.5 billion euros to 4.1 billion euros of equity.The State has hit 105 million euros in dividends, and postal workers have been entitled to 221 euro bonus incentive.

For 2010, "the situation remains fragile," says Jean-Paul Bailly. The situation of the post, which represents 53.8% of sales group, will not improve. Last year, the volume decline (- 5.3%) has accelerated, and 2010 will be the same vein. "We continue to believe that the decline is structural, perhaps with the exception of a small part that is direct marketing," warned the president of La Poste unsecured personal loans .He offset this decline with the development of La Banque Postale and recovery of the parcel and express services.

Mailbox Secure

To learn more, it was not until the next board meeting in mid-April, and the presentation of what management calls its "financial trajectory. It is the strategic plan of The Post in 2015. It will support the recovery of the group before the arrival of the Deposit capital. One thing is certain: The Post must find new sources of growth. She is preparing to launch an offer for mobile phone (our editions of Wednesday), in partnership with a telecommunications operator to limit investment.Jean-Paul Bailly has announced yesterday the launch of Digiposte a secure mailbox on the Internet, where the goal is to eventually receive all their mail management (invoice, bank statement, pay slip …). In late March, The Post Bank will also launch in the consumer credit. "2010 will be a very important year in terms of innovation," promises Jean-Paul Bailly, in all trades.

Change at the top of ERDF, a subsidiary of EDF in charge of distribution. It Mich?le Bellon, previously Director General of Dalkia – the joint venture with EDF and Veolia – who will succeed Michael Francony. An appointment will be approved at the supervisory board scheduled Tuesday, March 16. For Henri Proglio, the new chairman of EDF, distribution is a crucial topic. At the point of throwing a bomb in evoking the idea of separating employees common to EDF and GDF Suez in charge of this activity. "The teams ERDF complain of a lack of ambition and the sense of not really being part of the group. They also undergo feedback from customers regarding service quality deemed inadequate. Finally, teams must share sensitive business information with their main competitor, GDF Suez.On arrival, all this is very much ", said Henri Proglio earlier this year (read the Figaro, February 12). In other words, the roadmap looks Mich?le Bellon particularly busy.

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The online banks will have to convince the French still reluctant. A BVA survey conducted for the Dutch bank ING Direct, four out of five French are not ready to transfer all or part of their funds in a bank online.

Requires close

The first reason given for their refusal is the need for closeness (89% of responses). Even if they are not all satisfied with their current bank, the French chose an institution primarily because it is easy to reach from home or workplace. Then (74%), fear of having no one to contact if problems or unexpected. Finally, the desire to maintain a customized report with a counselor is paramount for 68% of the 736 respondents with an internet connection … and 73% of them feel just as consultants online banks are unreachable.More surprisingly, the French fear the formalities of transfer of accounts and especially the closing costs from their current institution. But the closure of checking accounts are paying more since 2005!

Fresh lean

Yet the French recognize the qualities of online banks. Some like their fee policy on current operations or the free cards are recognized strengths. 35% of respondents spoke as a major factor in choosing a bank. The hourly range is also appreciated. That leaves working on customer relationship … ING, which currently has 750,000 customers in France, with 500,000 more expected within 6 months.

"See the BVA survey for ING Direct

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Hesitation waltz yesterday at the Paris Bourse. After being undecided, the CAC 40 has finally risen from 0.17% to finish at 3910.01 points. Everywhere in Europe, stock markets have evolved sawtooth almost the entire session. At the finish, the indexes have ended in no particular order, the FTSE in London lost 0.08% while the Frankfurt Dax gained 0.17%.

The Paris market has recovered very end of the session, thanks to a small recovery on Wall Street. The NYSE, which also lacked enthusiasm in the morning after his fine recovery in recent days, trying to take a step forward at mid-term.Shortly after the close of European stock exchanges, the Dow Jones advanced 0.19% and 0.41% on Nasdaq.

While the pressure on the issue of debt Greek gradually eased after the successful launch of its loans, Fitch has rekindled concerns about the market deficits pointing to management by Portugal's budget deficit.

Banks in trouble

The rating agency said that a worsening credit rating of the country was "not excluded" bad credit payday advance . The market was also dampened by a load of the other major rating agency Moody's, against British banks.Analysts at Moody's explained that many of these institutions could see their grades degraded "to run if they failed to significantly improve their financial strength."

In Paris as elsewhere, banking stocks were immediately plunged into the red. Cr?dit Agricole has finally lost 1.41%, 1.49% Societe Generale and BNP Paribas 0.51%. Natixis fell by 0.78% and 0.93% of Dexia. Bad passes also for EADS. The group announced a loss of 763 million euros in 2009 after deciding yesterday to throw the towel in the race for tanker contract from the U.S. Army. The stock has lost 2.80%. Among the few increases in the day, Areva has distinguished (+ 3.59%) while held in Paris an international meeting on access to civilian nuclear power, the great specialty of the French group.

Nicolas Sarkozy is he fell off the bed? The Head of State arrived well ahead of schedule Saturday morning at the Salon de l'Agriculture in Paris. While appointments had been given to the press at 9:00 am, for arrival between 9:30 and 10:00, the President took everyone to court in arriving at 8:30.

Half an hour before the exhibition opens to the public, and while all the journalists had not yet arrived, the head of state has been able to finish a quiet and calm in a tense situation. It is accompanied by Ministers Bruno Le Maire (Agriculture) and Michel Mercier (Rural Areas and Regional Planning).It has been particularly welcomed by Jean-Michel Lemetayer, president of the National Federation of Farmers' Unions (FNSEA).

"Nicolas Sarkozy is taking its time"

While departing from the tradition, the president has not opened this year's Salon de la Porte de Versailles, it was eagerly awaited by farmers who suffer the brunt of crisis. The Salon de l'Agriculture has always been a difficult visit to Nicolas Sarkozy payday advance . Two years ago, his baptism of fire as president had led to a controversy surrounding the famous phrase, coined a visitor who refused to shake his hand, "Casse-toi pauvre con". Especially, the current president's hard to bear comparison with his predecessor.Jacques Chirac is in fact very comfortable in the exercise, which he demonstrated again Friday during a visit acclaimed.

"It seems that Nicolas Sarkozy, who usually do not linger in the aisles of the Salon, decided this year to take more time to listen to farmers," explains one of the envoys of Figaro on site, which also describes the security services "tense". Anxious to avoid overflow, the bodyguards of the president are intractable. The Roundtable, scheduled for the morning with representatives of the agricultural world, will take place elsewhere out of sight, journalists are invited to follow from the newsroom.

More to come on lefigaro.fr …

U.S. markets should open in green on Friday, supported by the employment figures less bad than expected. The United States has in fact lost 36,000 jobs in February than in January and the unemployment rate the country has remained stable at 9.7% this month, according to the official report on employment released on Friday, while analysts expected a decline. The future of Dow Jones advance of 0.64% at 10,495 points, the S & P 500 rose 0.09% to 1131 points and the Nasdaq's 0.11% to 1871 points.

U.S. investors should be reassured by the Prime Minister's announcement that China has promised a 8% growth for China this year.Thursday, Wall Street closed higher on a comfortable, supported by bearings recommendations.

In addition to the employment figures U.S., those of consumer credit in January, will be published in 21 hours.

As for currencies, the euro fell sharply Friday against a dollar backed by the release of employment figures in the United States, and reassuring the operators on the strength of the recovery of the world's largest economy.

Values follow

Microsoft: The software giant said Friday it would stick to its strategy of developing the market for search engines in China, whatever the outcome of the dispute between Google to the Chinese government.

Blackstone: The investment fund is hoping to complete an initial transaction in Australia this year and also studied business in Japan and South Korea, each operation may be about 100 million dollars, said an official with the group.

Marvell Technology Group: the chip maker reported a 64% increase in its turnover, thanks to a recovery of expenditure within the sector, to 842.5 million dollars against 842 million expected on average .

General Growth: The title of the second American owner of shopping malls start to be traded on the New York Stock Exchange under its old symbol GGP3 while the group is still under bankruptcy.

This is an example of a successful restructuring: nine months ago, Michelin announced its latest restructuring plan in France. A reorganization to enable the factories concerned "to undertake the changes necessary to ensure their sustainability," according Blehaut Frantz, director of Michelin France. At the cost of job cuts as the group is committed to "without resorting to forced departures.

Michel Rollier, co-director of the group, then stated that "the measures announced are not related to the crisis. To keep plants in France, we need to specialize and making them more competitive, "adding" will maintain a strong industrial base in France. The group also will recruit 500 to 800 people per year in France, over the next three years.

The restructuring implemented in 2009 are structured in two parts. A voluntary separation scheme which 1 875 employees responded.These are developments of late-career (early retirement pension). The second part concerns the consolidation of activities in three plants, with 1 093 job cuts. Among the employees concerned, "228 chose to go work in one of fourteen other sites Michelin in France, welcomes Blehaut Frantz. To facilitate this choice, the group has developed a wide range of mobility aids (removal assistance in finding employment for spouses …) . 516 employees are or will retire early – a choice that seems more in tune with the political time.

Helping conversion

Finally, "347 people have chosen a start, accompanied usually stay in their region," said Frantz Blehaut.In fact, these employees had no choice – unless you change the region – their post being deleted and, in the case of plant Noyelles les Seclin (North), their plant closed. However, they received severance pay of between 32 000 and 60 000 for the oldest with a plan to create business. Michelin has also established "career transition workshops, dedicated to the support of people leaving the group. A concept developed in 2008 when the plant closure Kleber Toul which had over 800 employees. This initiative includes the discovery of business recruiting. "We had set up workshops to discover the art of welding and industrial trades related to building, plumbing, electrician … And have some success." To date, 92% of the Toul found a job .Rather than support at arm's activities moribund better develop new ones where demand exists.