Elysee, all the prefects and Paymaster General

The head of state gathered yesterday at the Elysee, all the prefects and Paymaster General. He asked them to go hunt in each department, the behavior "unacceptable" by some bankers. The state does not loose the banks of a sole. Yesterday afternoon, the leaders of all major institutions found themselves again at the Elysee. They were treated to a real avoinée. "When banks take the pretext of breaching discovered 20 euros for cutting a line of cash, when a credit insurer reduced its outstanding without notice on a full track, where investment financed two weeks ago suddenly becomes infinançable, this behavior is unacceptable and will not tolerated, "their Assen Nicolas Sarkozy:" I ask you, except unquestionable, not renegotiate the terms and conditions of your existing commitments. " In the presence of Prime Minister and senior members of government, the president did not hesitate to take to witness all the prefects and Paymaster General (TPG), for which the meeting was held. The opportunity to declare general mobilization in all departments. "Denounce the unacceptable" Because billions of euros of guarantees made in recent weeks by the government, "I ask you to be the guardians of moral compact between the nation and credit, you are entitled to demand accountability" their he said. Representatives of the state are required to chair "each week" on their territory, a meeting with banks and Oséo with the bank for SMEs. They should alert the national ombudsman, Rene Ricol, on any difficulties encountered by businesses and households, and "not hesitate to denounce the move unacceptable to the media." "I ask you to be receptive, responsive and mobilizers," summed Nicolas Sarkozy, in a tone particularly strong. Before engaging in many other developed. "The ship is piloted" The sovereign funds to the French to invest in companies that have key technologies? "It will be installed in three weeks. "The reform of the safeguard procedure of businesses? "I will sign the order soon. "The ongoing negotiation between employers and unions on vocational training? "It's the last time I spoke, the next time is to make decisions, we need it now leads. "The payment periods used by the state? Prefects and TPG are held "personally responsible" for the commitment to pay companies to 30 days, and they are asked to encourage local authorities and hospitals to follow suit. The French must "feel that the ship is driven," justifies the president. For "panic" and "irrational anxiety" current "may lead the entire economy to its loss

Sacyr Vallehermoso negotiate with the group french Fayat the surrender of a portion of the 33.2%

Sacyr might relinquish some of its shares in Eiffage Bordeaux Fayat
The Spanish construction group Sacyr Vallehermoso group negotiates with the french Fayat selling a stake of 33.2% it owns in the capital of french Eiffage, understands this Friday, the newspaper La Vanguardia.

The Spanish construction group Sacyr Vallehermoso negotiate with the group french Fayat the surrender of a portion of the 33.2% it owns in the capital of the french group Eiffage, said Friday that the newspaper La Vanguardia. The newspaper does not identify its sources and did not give details on the format or timing of the sale of the group Bordeaux BTP Fayat.

Very discreet, the group headed by Clement Fayat Fayat (76 years old) founder of the eponymous group, is no less an actor of choice in road maintenance - a world leader in its sector and 40% of turnover the group - and the fourth player in the french construction. Its turnover was 2.2 billion euros and its own funds of 515 million. A comparison to the amount of 1.7 billion euros for the participation of Sacyr in Eiffage.

Interviewed by Agence France Presse (AFP), Sacyr did not wish to comment, respecting its usual course of action regarding the information published on this subject. The Spanish group has already stated that he was ready to dispose of its shareholding. "We are open to any kind of offer," said the chairman of the group Luis del Rivero, in November.

Sacyr entered the capital Eiffage early 2006 and has tried since joining the board of directors. Both groups engaged in a war fierce legal, denouncing French takeover, by the progressive Spanish, and the latter dénoncant manoeuvres Eiffage to prevent him from attending.

The next deadline the court case is scheduled for April 2, when the Paris Court of Appeal to issue a ruling on a decision by the Financial Market Authority (AMF) French that Sacyr contests. The AMF has, in fact, rejected a draft of an exchange offer (OPE) submitted by Sacyr on Eifffage, considering that he had acted in concert with other shareholders to try to take control of french manufacturer. She Sacyr forced to launch a takeover bid (OPA) with a significantly higher value during Eiffage then