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It is an agreement to both the financial and industrial software publisher based in Sophia-Antipolis, near Nice, has just concluded. The Japanese company Canon will spend 8.6 million euros to acquire 15% stake in publicly traded small business since mid-May By the way, he brings 2 million additional cash.

But it is mostly a vast geographical diversification and access to complementary technologies that the Japanese manufacturer of cameras and office systems gives Median Technologies. "Canon is located around the world and is highly complementary to our society in the imagery. It offers solutions such as MRI, while the expertise of Median Technologies is rather centered on the scanner.He also has a data management activities ("Data Management"), which will facilitate the deployment of our offer cloud computing ("computing pooled at a distance"), "said Fredrik Brag, founder and CEO of the company founded in 2002 .

Canon has already invested in Supersonic

Median develops software for interpretation of medical images in two and three dimensions to facilitate the detection, diagnosis and monitoring of cancers. LMS solutions, approved by the Health Authority (FDA), are already used in hundreds of hospitals in Europe, the United States, Australia, Korea. Median Technologies installs but also in the market for clinical trials conducted by major laboratories."Our solutions help them to evaluate responses to treatment at first and then develop tests companions (of tests to segment the profile of patients)," said Fredrik Brag. The SME has already reached an agreement with three of the ten leading pharmaceutical companies and preparing to sign a new contract with another giant before expanding its outreach to other health actors. Its sales – which amounted to only 1.1 million euros last year – to more than triple within the next two years and then explode.

Canon, whose 2010 revenues totaled $ 45.8 billion, relies heavily on imaging in the health sector. The Japanese giant announced earlier this year it would invest $ 9 billion by 2015 in medical technology companies.Before turning to Median, in December he participated in fund raising 34.5 million euros in Supersonic Imagine, a small d'Aix-en-Provence who has developed an ultrasound system to ultrasound.

The board of the International Monetary Fund (IMF) met Friday in Washington, approved, as expected, the release of a new tranche of 3.2 billion euros for Greece.

It is in addition to 8.7 billion euros released a week ago by the European Union. This round of 12 billion euros is the fifth of the rescue plan 110 billion approved last year. It should enable the country to repay much of its debt maturing July 15 (EUR 2.4 billion to good six months) and 22 July (2 billion euros good for three months).

But Greece, the public debt (354.5 billion euros at end March) shook up the United States, is not out of the rut.Athens calls for a hue and cry a second bailout, a value equivalent to the first, or 110 billion euros, for which the Europeans require the participation of the private sector. A meeting of the Eurogroup in Brussels next Monday, followed by a council of finance ministers the following day was supposed to define its contours. But it will not succeed, as the differences remain significant even within the Union. At best, a decision is expected in mid-September, confirmed the new Greek Finance Minister, Evangelos Venizelos.

Taboo

For many scholars, starting with the rating agencies as criticized in recent days, the private sector's contribution to the recovery plan would resemble a Greek default, since creditors will not get their refunds in time and hour.A nightmare scenario that Europeans seek to avoid at all costs. Without having yet found the parade.

And meanwhile, some still waving the event of a release of the euro area. An expert in Brussels who had requested a report before he leaves office, a judge at the end of the decade "there may well still have 17 members, but the question is whether this will be the same that 'today. "

The subject is taboo, but if Greece were to be found in default, many experts believe that the only way to redress the country's economy would be a devaluation, and thus an exit from the euro. This had been done in Argentina in 2002, winning its currency, the peso, the U.S. dollar.

The consultation ends on dependency. Roselyne Bachelot and Marie-Anne Montchamp participated in the last debate on Monday in Strasbourg. Yesterday, the Minister of Solidarity and the Secretary of State received the reports of working groups. The opportunity to review the options, when the decision phase starts – Nicolas Sarkozy is expected to decide by mid-July.

• The trails open

Roselyne Bachelot refuses to contribute the only people dependent on a recovery via succession. On behalf of the job, it excludes an increase in contributions Safely weighing on wages. More broadly, she refuses to "seek too assets" and conduct an overall increase in taxes, hence the rejection of a general increase in the CSG, as expressed last week by François Fillon.Finally, the "pattern Axa 'mandatory private insurance is also rebutted by the prime minister – incompatible choice to keep a" floor of solidarity "public.

• Funding potential

This base should look like the current personal autonomy allowance (APA), improved. To finance, the minister mentioned three tracks. First, the alignment of the CSG pensioners (6.6%) of the assets (7.5%). Then, up the "solidarity contribution for autonomy" (employer tax) in exchange for a second "day of solidarity" worked by employees, and / or its extension to independent professionals and retirees.Finally, taxation of all legacies and donations (1% suggested by the Economic and Social Council).

• Law or no law?

Alleviate the "rest dependent" people who are very dependent in retirement homes, relieving departments – the first funders of the APA – in need. These "emergency requirements" will be answered in the fall, confirms Roselyne Bachelot, who estimates that one billion annual funding required. Measures included in the budget of the social security, which can only accommodate financial arrangements. The working groups have launched other ideas, starting with better coordination of stakeholders around the dependent person (our Monday editions). Nicolas Sarkozy will decide whether the subject the campaign of 2012 or if it retains some now. In this case, should be considered a separate act, in a crowded parliamentary timetable.Marie-Anne Montchamp argues that meaning is: "A law would provide visibility, draw perspectives, we will show later that clogging effects of the crisis, as the Head of State wished" . In this case, it could be a framework law, setting guidelines, and perhaps initiating experiments.

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– Manage the post-Fukushima

The renaissance that nuclear power seemed to promise, in the world, there are a few more months, will she be? Areva had put in a position to be a key player in the expansion of civil atom, only controlled and profitable alternative to fossil fuels and "clean" in CO2 emissions which is more. The French group and hired some 12,000 people each year to keep pace expected of its business.

Since 11 March, the situation has changed dramatically: Germany, Switzerland and now Italy, have decided to end their civil nuclear program. India, with firm orders for new reactors was expected before the summer, will surely prolong his reflection. Anne Lauvergeon refused to believe in a "nuclear winter".For her as for other supporters of the atom, the policy decisions taken today as the heat of the moment can be questioned tomorrow.

For now, the international development of Areva is at stake in the coming months, all the nuclear installations in Europe will be reviewed. Although the terms of these "stress tests" are still being defined, Areva will necessarily be at the forefront. Like Anne Lauvergeon, his successor will have to become a diplomat of nuclear power, both to reassure his interlocutors on the safety of this activity and convince them to pursue an effective dialogue with the French group.

– Restore the finances of the company

For a long time, critics of Anne Lauvergeon stigmatize poor operational management of the company and its finances in jeopardy.In 2010, the company has also accused an operating loss of 423 million euros and the rating agency has become mediocre. The group also suffers from having camped on his credo of "vertical integration", to the point of purchase, too expensive, its own uranium mines, which now require large investments. Finally, the action Areva is listed in this form since May 30, has lost nearly 15% payday loan companies.

– Pacifier relationship with EDF

Relations have never been easy between the two companies, they have become abominable between Anne and Henri Proglio Lauvergeon, CEO of the utility since the fall of 2009. Regularly called to order by the state, their shareholders to both, the two companies to work together STRIPS sentenced last fall to formalize a strategic partnership.

All aspects of collaboration are concerned, the supply of uranium to the reprocessing of spent fuel, to building new reactors. But the various working groups have not yet yielded any conclusions. Again, the management of Areva will be watched around the corner. Luc Oursel will be on a narrow track of restoring harmonious relations with EDF, without appearing the vassal.

Seen from the Elysee, the issue is crucial because it is to harmonize relationships within the French nuclear industry to win export contracts. Without compromising the ability of Areva to sell only his skills to other electricians global EDF's competitors.

– To service the Finnish EPR

It's really cursed the site for Areva. The new generation of reactor Olkiluoto 3 should have been operational in 2009. It will not be before 2012.His bill, expected around 3.5 billion euros, has appreciated by 3 billion euros, lead accounts Areva. The company – which has staked his credibility by taking on the project management of this project – no longer has the right to make mistakes. The EPR is the cornerstone of its international development. And it is that Luc Oursel return the task to make a successful export, arguing its assets in terms of safety.

At the same time, the new leader of the nuclear group will tackle the launch of the TDD, a new medium-power reactor that. Through this case is the ability of the company to expand its portfolio of facilities that will be tested.

Coincidence of timing. IMF-EU Troika-ECB chose the last week of the campaign to start in Lisbon's assessment mission. Whatever the outcome on Sunday of the early legislative, the next government already knows he will receive a very limited scope. Winner given according to recent polls, the opposition leader, Pedro Passos Coelho (PSD-center right), should apply as soon as possible the austerity program imposed by the troika, in exchange for an aid package of 78 billion euros.

Click image for larger graphic.

Where can you buy with his mobile phone in France?

In Nice, about 3000 subscribers already use their mobile phones to pay for their tram, their parking, their paper etc.. Nine other cities, including Paris, will follow this year. One testing ground in Europe is likely the London Olympics in 2012 when Samsung and Visa will deploy this type of regulation.

Should we change phones?

Yes, you need a phone (NFC for Near Field Communications) and be equipped with a specific SIM card. The cell phone used in Nice is a Samsung mobile. But all the major manufacturers, Samsung, LG via Nokia, HTC and Rim should propose several models by the end of the year. Google estimates that in 2014, less than half the mobile phones will be equipped with NFC technology.

Should I change to another provider?

No.In France, Orange, SFR, Bouygues Telecom, NRJ Mobile offers mobile payment. It is always possible to switch from one operator to another. In contrast, Google Wallet does for the moment at Sprint, which owns 11% of the market in the United States electronic check payday advance.

What happens if there is loss or theft of the phone?

This is where the role of the telco is essential. It is he who provides security through the SIM card and customer service. The information contained in the SIM card without contact are encrypted and secure. So nobody can access it.

The Google Wallet Will he land in France?

Yes. The operator Orange was in discussions with Google, with which it has already established a number of partnerships. It should soon have NFC devices running Android.

The State encourages Does the rise of the NFC phone?

Yes.Christine Lagarde, Eric Besson, Rene Ricol announced yesterday the launch of a call for proposals for the NFC, with 20 million euros. Objective: to support the order of 20 to 30 projects of innovative mobile services simplify many everyday actions of the French. "In case of loss or theft, the operators guarantee the security of bank information."

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The commercial breakthrough of the Airbus A320 NEO would it spinning the puzzle industry? Officially, no. Still, John Leahy, the Airbus super salesman, the pounds: the manufacturer does not want its customers convert all or part of their A320 orders classic NEO, with new engines consume less fuel. This, for two reasons. First, avoid the phenomenon of cannibalization of the A320 classic, best-selling Airbus with over 6000 sales. Then avoid juggle niche of the two aircraft deliveries. "The NEO will be available only from 2015. By then, the A320 is available. There will be no overlap, "says one in Toulouse.

NEO offers a second life to the A320 but the classic version provides lucrative profits and can "run the factories." In 2010, the A320 has represented 401 of the 510 deliveries made. There are still 1900 to be delivered by 2015.Airbus is absolutely limit conversions. But it is not easy to say no to a big customer like Malaysia AirAsia, which already has 90 A320s into service on a total of 175 ordered.

While the concern is to steer Airbus as thinly as possible switching from one device to another without breaking industry. "If the A320 were canceled massively in favor of the NEO, then there would be holes in the schedule of deliveries by 2015 without another device to fill," admits one in Toulouse. "But this reasoning is extreme," says one. Another problem is rapid saturation of the NEO delivery slots.

Accelerate the pace

Hence the decision by Airbus to bring forward by six months the date of entry into service of the NEO to October 2015 and to accelerate the pace of production. From 1 st quarter of 2012, Airbus will assemble 42 A320s a month against 36 now.He plans to climb to 42 or even 44 A320s per month, provided that its suppliers could follow suit.

The stakes are high. The A320 NEO sped away, crossing the milestone of 300 orders in just five months. The Indigo Indian, American ILFC, including Lufthansa has ordered to be served first. Apart from the Bombardier CSeries expected in 2013 if not late, the NEO will be the first to market. Boeing has not decided to re-engine the 737 and would, if necessary, not ready before 2017. As for the Chinese C-919, it will not be commissioned before 2016.

By late June, John Leahy promises hundreds of new orders. Airbus estimates that the potential of his latest is around 6000 units by 2030, only fifteen years ago.It is thanks to the NEO that the A320 has reached the milestone of 7,000 orders last April 30.

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The tax reform of heritage, to remove the tax shield and develop the solidarity tax on wealth (ISF), was discussed Wednesday by the Cabinet. The bill marks the final disappearance of the tax shield, yet highly symbolic as the beginning of the quinquennium of Nicolas Sarkozy, who eventually disappeared under the pressure of repeated criticism from the opposition but also of the majority.

In contrast, the solidarity tax on wealth (ISF) remains in place, but in a lighter version. The reform will indeed allow some 300,000 taxpayers whose assets ranged between 800,000 and 1.3 million euros, to escape this tax.

The government relies on a passage of the bill no later than early July.The text will be submitted to the National Assembly in early June and will be accelerated procedure, which allows only one reading per room. The reform will apply from 1 January 2012.

The tax cap took effect on 1 January 2007. It was capped at the time the taxes (income tax, wealth tax and local taxes) at 60% of revenues. After the arrival of Nicolas Sarkozy at the Elysee, the threshold was lowered to 50%.

(With AFP)

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The rigor is no longer appropriate for the big bosses of the banking sector. Aid paid by the state and now repaid their business reaping the effects of recovery, there are incentive bonuses, considering the annual reports and press reports, clearly an upward trend for 2010. While many top executives of French banks had waived their bonuses the previous two years, 2010 has signed the back of generous salaries.

In addition to a salary of 1 million euros, up from last year, the head of Societe Generale, Frederic Oudéa, reaching his first bonus since he took office and the Kerviel affair.Bank boss of the highest paid, he will receive a variable remuneration amounting to 598,400 euros paid immediately in cash, plus a paid deferred until 2015 to comply with European Directive CRD3 applicable since 1 January 2011. In total, the variable compensation paid for 2010 could reach up to 3.2 million euros, according to the calculation of Echos.

It's a little more than Baudoin Prot, CEO of BNP Paribas, which in turn will receive a fixed salary unchanged from the previous year, but a sharp rise in bonuses. About 1.67 million awarded in total, 60% will be paid in deferred over two years with conditions. His total compensation could reach 2.47 million euros as well. Last example, the boss of BPCE, former deputy secretary general of the Elysee Perol, who waived his bonus last year.According to AFP, he will receive 1.05 million euros to this title, for a fixed salary unchanged at 550,000 euros.

Variable pay "balanced"

If the amounts received are variable up substantially, the banks but on the whole complied with certain requirements of European directive adopted in 2010. Transposed into French law by the end of last year, it aims to control the compensation of employees of banks that may affect the risks taken by their institution. To get them interested in long-term results, a fraction ranging from 40% to 60% variable compensation should be paid for example over several years, subject to results.

But according to the directive CRD3, this variable compensation should be "balanced" with respect to the fixed remuneration. And perhaps where the shoe pinches.Because as stated by the MEP "Europe Ecology – The Greens Pascal Canfin this Saturday in Libération, France did not correctly transposed the EU directive, replacing the term" balanced "by one of" appropriate ", denaturing content of the text. He stressed that, therefore, represent bonuses for 2010 "3, 5 or 10 times the fixed fee."

The Ministry of Economy, the entourage said Christine Lagarde told AFP that "France was one of the first countries to transpose the European directive, and after notification of such legislation to the Commission in February , it "made no comment."

The spirit of the directive not respected

It must also be noted that France does not figure in the worst student in the field. British officials are still better off: the new boss of Barclays there has recently been awarded a bonus of 23 million pounds.

Generally, as commented European Commissioner Michel Barnier services in the columns of Liberation, "behaviors have not changed as much as you want. The banks have not complied with the spirit and letter of our directive. " Faced with the inertia of the banking community, the European Commissioner had already threatened in April to further tighten the rules governing executive pay for banks. The newspaper said the European Commission is preparing to "carry out a thorough investigation" on the transposition of the Directive by the Member States of the EU.

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The recovery of Alcatel-Lucent continues. The telecommunications equipment has greatly reduced its net loss to 10 million euros in the first quarter of 2011. Last year, Alcatel-Lucent had accused a loss of 515 million euros in the first three months of the year.

And the group announced the quarterly results exceeded expectations. The adjusted gross margin amounted to 1.3 billion euros, or 36.2% of revenues. As to the adjusted operating income, it stands at 13 million euros, or 0.3% of revenues where analysts on average expected a loss of 68 million. In the first quarter of 2010, the group revealed adjusted operating loss of 195 million euros. The net loss amounted to 10 million euros.In addition, Alcatel-Lucent posted an increase of 15.2% of its turnover to 3.7 billion euros.

Purpose of adjusted operating income of over 5%

With these results, the group has confirmed its annual targets. "With a strong start to the year, we confirm our outlook for 2011 to grow faster than our market (…) with an adjusted operating profit more than 5% of sales in 2011," said CEO of Alcatel-Lucent, Ben Verwaayen said in a statement.

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