It has not seen such a performance nearly a month and a half. The CAC 40 is to chain up four consecutive sessions, which saw the index rise by 5.25% in Paris. A month ago, he had recorded six consecutive sessions of up to a total gain of 5.73%. And the CAC 40 is on course to match or exceed that performance. "If the U.S. unemployment figures are bad, I think the markets will fall heavily and not only Friday, but next week," said one analyst. "But the reverse is also true," he added. The CAC 40 rose 0.49% to 3690.30 points in mid route.

Wall Street closed due to "Labor Day"

Anyway, the CAC 40 should, like the Asian markets, thus starting the week on a good note, after the U.S. unemployment figures, less bad than expected.But this note could be shy, because of the close of trading on Wall Street (due to Labor Day) and the absence of macroeconomic significance. The meeting could be rather quiet on Monday. A meeting between EU finance ministers in Brussels is expected to strengthen the stability pact and economic governance.

The bank benefits from the renewed optimism

It is the same on the microeconomic front. Only the results of the first half of BioMerieux the program: the diagnostics specialist announced a first-half profit rose 4% to 72.1 million euros and confirmed its full-year organic growth (6%) and margin operational (between 17% and 18%) in 2010.The shares climbed 2.92% to 83.21 euros.

In this context a bit more optimistic due to unemployment figures U.S. banking stocks are well oriented: BNP Paribas gained 0.97% to 53.99 euro, Societe Generale was up 0.86% to 44.75 euros and Credit Agricole shows a gain of 1.24% to 11.02 euros.

Around 9:40, the three largest increases CAC 40 are Suez Environnement (2.69% to 13.35 euros) and Veolia Environnement (2.28% to 19.74 euros)

Laughs Natixis, Dexia and Lagardère cry

Friday evening, the Scientific Council of indices for the Paris Bourse has announced that Natixis and Publicis will integrate the CAC 40, from 20 September. For the company headed by Maurice Levy, it is a return: the group of advertising methods had already been part of the CAC 40 between 2004 and 2006 guaranteed payday loan.If Natixis rises 5.27% at the Paris Stock Exchange to 4.66 euros, the rise of Publicis is more limited: + 1.39% to 34.91 euros. The two companies will display two of the three most significant rise in the CAC Next 20.

The two companies replace digitally Dexia (-1.71% to 3.38 euros) and Lagardere (-1.72% to 28.25 euros), which appeared in the CAC 40 since 1999 and 1994 respectively. They join the CAC Next 20, that is to say, the main hall of the Paris stock exchange index. Dexia Lagardere are the two largest declines the CAC 40 with LVMH (-0.70% to 97.43 euros), after the Paris Court of Appeal reduced the fine that eBay scoop 38 to 5.7 million.LVMH must repay more than 32 million euros.

Dexia and Lagardere will be replaced in the CAC Next 20 Atos Origin (-0.17% to 32.79 euros) and Land Regions (-0.29% to 76.50 euros).

Boiron: Trading suspended

Areva (0.47% to 326 euros) is still grappling with Siemens, as part of the output of the German capital of the company chaired by Anne Lauvergeon.

Sanofi-Aventis (+0.30% at 46.87 euros) would be willing to slightly increase its proposal to $ 69 per share on Genzyme, the biotechnology company if willing to negotiate, Dow Jones reported on Sunday.

PSA Peugeot Citroen (-0.23% to 21.78 euros) has started building a new factory in China with its partner Dongfeng Motor, China's export and thought from 2011, said Saturday he responsible for Asia.

Nissan, Renault (+0.06% at 34.45 euros) holds 44.3%, was willing to ally with Chinese automakers in the field of electric cars.

Venezuelan President Hugo Chavez on Saturday approved the payment of 690 million dollars (535 million euros) Casino (1.98% to 67.92 euros) and other shareholders of the supermarket chain Exito nationalized in January.

Also note that the rating action Boiron was suspended Monday on the Paris market at the request of the company and pending a statement to be published that day. The title has been suspended from 25.35 euros. On 31 August, the homeopathic laboratory has reported a net semi-annual 5.13 million euros in fall of 62.4% compared to first quarter 2009. What had caused the fall of stock prices by 8% the next day.

Shop for less cost on your insurance policy and you'll soon find that even your present insurance carrier may be able to assist you with a low rate car insurance policy.

The report Roussely "makes everything from scratch," says one minister who claims to have read the full version. The summary released Tuesday, which has probably erased the strongest criticism against the EPR and dissension between players of the team of France's nuclear confirms.

The EPR to review

"The EPR is unsellable!" It is the summary, very raw, made by a government report's findings Roussely. In the version now public, it says still that "the complexity of the resulting EPR design choices, including the level of power (1,650 megawatts, MW), (…) is certainly a handicap for its implementation and costs. The report recommends a "value", which will be waged not only by its manufacturer, Areva, but also by EDF.

The TTY, a new reactor

The Elysee Palace announced that the range of proposed reactor would be enlarged.The average reactor power (1 000-1 150 MW), the TDD, developed by Areva with Japan's Mitsubishi, is reinforced. And, adds the Elysee, more lenient than Roussely with atomic ambitions Mestrallet, GDF Suez will be "associated" with its certification.

Areva will not be dismantled

Mentioned a few months ago, the dismantling of Areva was quickly dismissed by Francois Roussely. Two reasons: Areva offers a complete service to its clients elsewhere in the integrated model "would spread the financial risk and ensure profitability Honourable average in every cycle," the report said.

A Department of Energy

The Elysee has not taken the number one recommendation of the report: "create a Department of Energy. Energy is currently under the tutelage of the vast Department of Ecology Jean-Louis Borloo, who claims consistency.Alternative proposed by Francois Roussely: General Secretariat of Energy. The idea is in any case that the state retains control over the sector.

Open mining Areva

The nuclear group is the largest producer of uranium in the world. This work is very consuming capital. Or Areva in dire need right now. The report mentions the Roussely creation of a new mining company in which Areva would bring its mines and it would retain a majority stake. The other shareholders could be its customers, including EDF, the first of them. Without being very specific, the head of state does not preclude such a scenario. "Partnerships for industrial mining of Areva, which may include a capital dimension, will be discussed," said the Elysee statement said.It is not clear so far whether Eramet (Nickel), 26% owned by Areva, will participate in one way or another to the mining company.

Wear the life of plants to 60 years

Francois Roussely judge that longer duration of twenty years of French reactors strengthens the economic competitiveness of nuclear power. But security will prevail on the extension.

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If the New York Stock Exchange opened Thursday near the equilibrium, this delicate balance has not lasted. The announcement promises to sell in the older building having fallen 30% in May has infuriated investors. Suddenly, the Dow Jones lost 1.05% and the Nasdaq 1.51% after this announcement /

"Nobody seems eager to take advantage of market declines to buy shares, at least for now", believes Patrick O'Hare of Briefing.com financial site."This reluctance reflects a decline in market confidence about the ability of companies to achieve their performance goals in the second half of the year."

Influenced by the European public debt crisis, the oil spill in the Gulf of Mexico and fears of slowing global economy, U.S. equity indices closed sharply lower Wednesday for the second consecutive month to reach their worst quarter since the second quarter of 2002. They returned to their lowest level in eight months … Yesterday, the Dow Jones finished down 1% to 9774 points, the S & P 500 also lost 1% and the Nasdaq 1.2%.

The banking sector might react after the removal of a proposed tax credit and the approval by the House of Representatives, the final version of the broader reform of financial regulation in the United States.President Barack Obama reiterated Wednesday during a speech in Racine (Wisconsin, North) that the bill would "prevent a crisis" such as that of 2007-2009. "This is a reform that will protect our economy from the recklessness and irresponsibility of some," he said.

On the face of macroeconomic indicators, the employment figures expected Friday should mark a return to job losses after five months of improvement. On Wednesday, already, enrollment weekly unemployment rose unexpectedly last week in the United States, according to the Labor Department. Applications for unemployment benefits rose 13,000 to $ 472,000 in the figures as at June 26, while economists on average expected a decline to 452,000 over the figure of 457,000 originally reported.This does not augur the best.

Even more than other countries engine of global growth, China has seen, precisely, growth prospects are heavily depressed by the Conference Board and the Chinese manufacturing activity slowed in June, according to two indices Chinese purchasing managers released Thursday.

Investors will closely monitor the repayment by the European banks, expected on Thursday. They will have to repay 442 billion euros Thursday to the European Central Bank, with the maturing of a loan granted exceptional giant a year ago.

On the face values

Technology stocks, IT and telecom will be well attended.

Setbacks Chinese Google could find exits.The license renewal application filed by the U.S. giant in China will be considered by the government and the result will be published shortly, have indeed shown this Thursday, the Chinese media. The U.S. group has shown good will by announcing in Beijing that he would terminate the automatic rerouting of its Chinese site to its site of Hong Kong. The track lost 0.11% to 444.47 dollars.

The internet group Yahoo! else has announced Wednesday that its board had approved a share repurchase program of $ 3 billion over three years. During Wednesday's closing, this amount represents approximately 15% of the market capitalization of the group.After the announcement, the stock price Yahoo!, The lowest since a year has risen by 1.59% to 14.08 dollars.

The Microsoft IT group (+ 0.56% to 23.14 dollars) announced Wednesday it would gradually stop marketing its phone launched in April, the Kin, especially for the youth market of amateur social networks. " Microsoft has decided to focus on the launch (OS) Windows 7 and Phone will not deliver the Kin in Europe this fall as planned, "the group said in a statement

The small business Internet distribution Woot, offers its followers not more than one model per day at deflated prices, said Wednesday that she was redeemed by the giant Amazon, without specifying financial terms of the transaction."The name of a dog! Woot has signed an agreement with Amazon – yes, then the Amazon – to become an independent subsidiary of the giant e-commerce, "said the little Texas company on his blog. The title gained 0.14% to 109.40 dollars.

Finally, Boeing could react because the World Trade Organization asks Brussels to halt "without delay" to the subsidies paid to Airbus. Boeing sees this decision as "a great legal victory, the European union will be Apel.les action leaves 0.51% to 62.46 dollars.

A year after its introduction, the majority and the government seem divided on VAT at 5.5% in restaurants. To reduce the government deficit, Budget Minister Francois Baroin, this plane would "very, very large niche for tax, estimated at 3 billion euros Bercy. Its minister, Christine Lagarde, has cropped Tuesday morning: the reduced rate of VAT "is legitimate on the merits.

But the revolt against the old promise of Jacques Chirac, applied from 1 July 2009 thanks to the activism of Nicolas Sarkozy, also scolded the Assembly. Without naming the VAT on food, the general rapporteur for the Budget, Gilles Carrez (UMP), has questioned "a number of consumer items that are 5.5% and that should not be at 5.5 %. He advocates instead an intermediate rate to 12%.

Since the introduction of the measure for the restoration, the context is not the same.The government, which has hitherto led a recovery policy, had to change tack in recent months under pressure from the markets. It is now to reduce the deficit. Especially in the planing tax loopholes.

Nevertheless, the statements and Gilles Carrez Baroin were poorly received by restaurants. "It's absolutely outrageous to say that the 5.5% VAT tax is a niche!" Reacts Philippe Villalon, president of the National Federation of the restoration (FNRF). "We buy our products and we sell 5,5% to 5.5%. As is the case for all areas of the mouth.Moreover, if we repeat the policies they want to end VAT at 5.5%, we should not translate that we lower our prices, nor that we hired, as the state would break its part of contract. "

During the implementation of the measure, the restorers had promised to lower prices, to invest and hire. These commitments, which would take over in case of cancellation of VAT at 5.5%, would have been more or less respected. The Court of Auditors estimated last October that the measure would involve only 6,000 new jobs. The profession claims to the contrary today promised 21,700 against 20,000 a year.

Between investors and steel, has installed a strained relationship. Base metals show poor performance down 6.44% on the previous three months and down 4.24% since the beginning of the year. On the London Metal Exchange, the components of this material are also losing ground as aluminum (-11.60% since January 1) or lead (-25.29% over the same period).

At issue: a doubt on the prospects of the sector which has strengthened since China announced placing steel in his sights. According to a statement from the website of the Ministry of Finance on Tuesday, the country will give tax rebates on exports of several products including steel and nonferrous metals, and that from 15 July. China justifies this decision by the fear of overcapacity in the sector when the economy goes again on the basis of a policy of credit support.China, world's largest producer, saw its production continues to increase by 20.7% in May year on year to 56.1 million tonnes.

The government, which wants to avoid "blind investment" and too many expansion projects, puts an end to these tax rebates that block trade relations with many countries. EU and U.S. impose a particular anti-dumping tax to restore competition they feel more loyal to several Chinese steel products.

Approaching the summit of the G20, this news is seen by observers as a new important gesture by the Chinese authorities, after announcing an easing of the exchange rate of the yuan.

Arc elorMittal sees a slowdown in demand

Meanwhile, ArcelorMittal was one point on the demand in the sector.According to the world's number one steel company, the apparent demand and actual demand for steel should remain positive in the second half of the year, will face even slower during this period. "European consumers are in a waiting phase. At the same time, stocks are still low, "said Lakshmi Mittal, CEO of the group. The latter believes that the problem is the same in the United States.

According to Lakshmi Mittal, the economic situation remains bleak. "Housing is still visibly weak. The car is still robust. The market for capital goods began to improve and engineering improves. However, the steel industry should return to its pre-crisis level until 2012.

This view was confirmed on Monday spoke Federation World Steel Association (WSA) who believes that "if China, South Korea and Turkey have increased their production in May compared to 2007, the United States, Italy , Spain and Japan have not yet regained their pre-crisis level. " The WSA also notes that if demand is expected, stocks, themselves, continue to rise: Global steel production rose by 29.1% in May to 124 million tons, exceeding by nearly 10% of its levels before the crisis.

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A simple dinner could become a diplomatic incident. According to a report published Friday by the Financial Times, and contrary to the Elysee Palace announced last June 7 in a statement, it is not Germany but France, which had decided to defer maintenance President of the Republic with the German Chancellor, Angela Merkel, scheduled for June 7. And according to the spokesman for Angela Merkel, Ulrich Wilhelm, the reason is not political. Nicolas Sarkozy would simply not worked well enough on his record in terms of rigor of Germany. What irritates especially in Germany. "Manipulation of France was unnecessary," said the spokesman of the Chancellor. At the initative of France, both countries have agreed to postpone the appointment.Contacted by telephone, the Elysee was not immediately available to respond to this information.

No disagreement between Merkel and Sarkozy

Despite these blunders, the spokesman for Angela Merkel was quick to point out that there was no disagreement between the two governments.

Earlier this week, Nicolas Sarkozy had expressed doubts about the austerity plan of Germany. "If we add to the austerity of austerity, we will go into recession." France hoped that the German recovery stronger domestic demand to balance the trade balance of the euro area.

The two leaders have postponed this meeting to June 14, three days before the European Council summit to be held in Brussels.

The stock market had reacted badly to the announcement of the cancellation of the meeting. The CAC 40 had lost more than 1% at closing."Although both parties argue for scheduling reasons, they will not prevent financial markets interpret this delay as the collapse in the open non-functioning of the Franco-German one hand and a state of panic among the other European states, analysis Nicolas Bouzou, economist at Aster.

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The CAC 40 index opened down 0.88% to 3416 points on Thursday morning. The benchmark index of Paris had shown a steady increase Wednesday night at closing thanks to reassuring words from Ben Bernanke, the Fed chief, after three consecutive sessions of decline. Other major European markets have also hoisted the green flag.

Same trend on the rest of European markets. In Spain, the Ibex 35 lost 1.16% to 8765 points. The Dax index of thirty blue chips of the Frankfurt Stock Exchange plaice 0.42% to 5959.11 points. The London Stock Exchange fell by 0.42% compared to Wednesday's closing at 5064.55 points.

Early this morning, Asian stock markets have posted positive counters. The indices are displayed in positive territory while a series of good gives figures balsam inside investors.

The euro is ironed beyond $ 1.2.

U.S. growth is reassuring, Ben Bernanke also

Published yesterday, the Fed's Beige Book confirmed an increase in economic activity in the United States without signs of inflation, reinforcing the idea that the Fed is in no hurry to raise interest rates. The Federal Reserve announced it was expecting a GDP of 3.5% for 2010 and "somewhat" more in 2011. In May, the Fed was between 3.4% and 4.5% for 2011.

Its chairman, Ben Bernanke, indqiué he remains attentive to the evolution "of the situation abroad. His comments are aimed at Europe in turmoil budget.He said however, "reassured by the answers of Europeans," holding that they have developed a "substantial program.

The economic indicators of importance

In France, industrial production in France fell 0.3% in April, but production of the only manufacturing industry continued to grow, according to data released Thursday CVS-CJO by INSEE.

In Frankfurt, while it is held by the Governing Council, Jean-Claude Trichet, head of the European Central Bank, will deliver the Bank's decision on interest rates to 1% today. A status quo is preferred.

Like every Wednesday, the weekly unemployment benefit claims in the United States will be published at 14.30. The figures on foreign trade in April will be known at the same time.Then, 20 hours, investors will follow the budget execution figures for the month of May

Japan remains the second largest economy after the United States, while the revised official figures and show a growth of 5% in the first quarter of 2010.

France Telecom, one aggrégateurplus a producer

Value-laden France Telecom, which held its annual meeting Tuesday, it appeared necessary to adapt its strategy contained in the competitive environment and has therefore become more assertive as an aggregator and as a producer, said Wednesday Stéphane Richard, his manager General at the General Assembly.

In addition, the telecom authority (Arcep) on Wednesday defended a regulatory context to counterbalance the dominance of France Telecom in the telephony market in France.

The securities yield 0.36% to 15.3 euros.

Air France-KLM: -1.49% to 9.6 eurosSelon information Figaro, Ethiopian Airlines is preparing to sign an agreement with Star Alliance to join the alliance dominated by Lufthansa. Air France is being shaken to its network and the most profitable.

Total: -1.35% to 37.6 euros The oil company involved in the construction of a solar concentrator 100 megawatts in Abu Dhabi, the largest in the world.

The above shares retreat amid plummeting BP shares, which fell by 15% to the London Stock Exchange on Thursday morning – they dropped 15.8% yesterday on the U.S. markets. In its wake, Technip signed the largest drop in the CAC 40: -2.3% to 47.7 euros.

Renault: -1.18% to 28.9 euros change in the financial department head. Thierry Moulonguet will be replaced by the CEO of RCI Banque.

Imerys: 0.11% to 40.3 euros The Strategic Investment Fund (ISF) announced Wednesday the fall departure of chief executive Gilles Michel, who will join the group of industrial minerals and construction materials, including it should become CEO in 2011, to succeed Gerard Buffière.

French Members Banks, which begin Thursday in open discussion of the draft law regulating banking and finance, also want to discuss with the Government of the German measure to ban naked short selling.

Societe Generale drops 1.9% to 31.1 euros.BNP Paribas, -1.6% to 33 eruos, Credit Agricole, -1.2% to 8.1 euros.

EADS: -0.96% to 17.05 euros Eurofighter has launched negotiations with Germany, Spain, Great Britain and Italy in order to convince these countries to invest 10 billion euros in next phase of production of its combat aircraft.

Moreover, during the Berlin Air Show, Louis Welsh, the executive chairman said he was "delighted if we could forge a partnership with Embraer, the Brazilian counterpart, said FinanzNachrichten.

The form that could take this partnership has not been specified. In the past, EADS has held a minority stake in Embraer, which he sold in 2007.

The Auchan retail group and its Taiwanese partner Ruentex preparing to list their Chinese activities on the Stock Exchange of Hong Kong, according to Les Echos published Wednesday.A first for the family business.

Changes in recommendations

Lafarge and Saint-Gobain Citigroup raised its recommandaiton from "hold" to "buy". Lafarge appears among the only five values in the green on the CAC 40, 0.66% to 47 euros. Saint-Gobain is 1.22% to 30.64 euros.

Vinci: 0.05% to 36.6 euros ING has started tracking the purchase, with a target price of 44.20 euros.

Beware the "domino effect". This is the message that Louis Welsh, head of EADS, the European governments address in an interview with German newspaper Handelsblatt on Monday. "We tell our clients in government: we understand that you need to save money. But do not destroy the fundamentals of our industry. "For Louis Welsh, it is imperative to" protect the research and development "in Europe.

Keeping a stable euro

The boss of EADS look very closely monitoring the crisis of the euro. While the costs of aerospace group are charged in Euros and aircraft orders paid in dollars, the decline of the euro is good news in the medium term. However, Louis Welsh stressed the importance of stability of the euro.If he refuses to make any predictions on the future of the euro, the president of EADS warned European governments against excessive rigor.

The more so that the defense is particularly affected by fiscal efforts put in place either side of the Rhine. In Germany, the Defence Minister Karl-Theodor zu Guttenberg said that large spending cuts would be made. In France, the government should cut sharply in the 2011-2013 budget of the defense. According to Les Echos, fiscal discipline could cost between two and five billion euros to the defense the next three years.

"National priorities different"

Another concern expressed by Louis Welsh, the risk of every European country favor of "different national priorities," which would jeopardize the common defense different programs, such as the A400M military transport aircraft."That adds up to be a domino effect for the sector," warned the skipper of EADS. As negotiations dragged on, the group hopes to finalize the contract on the A400M customers with the seven countries (Germany, France, Spain, Great Britain, Belgium, Luxembourg and Turkey) "by the end of July," adds Does it pay day loan cash advances. The first copy of the A400M will be delivered to France in early 2013.

In this interview, Louis Welsh hopes to resume delivery of EADS Tiger combat helicopters to Germany this year. Berlin had suspended its order for 80 helicopters built by Eurocopter subsidiary of European giant last week due to technical problems. An order valued at 3 billion euros. "We deliver two new machines to the German pilot test in July.If the tests have a positive outcome, we can deliver five Tiger this year. "

Tensions around the tanker contract

Regarding the close battle opposing EADS Boeing to provide tanker aircraft to the U.S. Army, Louis Welsh rising tone. "We receive daily obscure and unfounded accusations of Boeing in the U.S.," says he. The American manufacturer EADS last Tuesday accused of attempting to develop trade relations with Iran and other countries hostile to the United States. Boeing advocates also believe that development aid granted to EADS and Airbus by European governments are illegal. "The growing nervousness Boeing shows that we have a chance to win," Louis Welsh analysis.

On the home front, EADS is not in lack of challenges.Decidedly optimistic, Louis Welsh ensures that the timetable for the A350, the future long-haul Airbus, will be honored with a commercial launch planned for 2013. Furthermore, the production of A380 superjumbo is now "under control". The program will return a profit within five years, says Louis Welsh. But everything will depend on developments in the euro-dollar.

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Lashes on the legs, prohibition of toilet soap, humiliating in public, one thing is sure, those responsible for the Italian call center did not scrimp on ways to boost sales of their anti-vac mite. A method for the less iconoclastic that neither their employees nor the Italian police have clearly enjoyed. After a survey of more than three years, five leaders Italcarone, a company based near Florence, have indeed been arrested by Italian authorities, according to information reported Thursday by La Repubblica. A study that sheds light on how farcical the call center.

The days of hapless employees Italcarone began with a bang, by listening to the solemn national anthem of Italy, hand in hand to instill in workers with more motivation.Their mission was subsequently sold by phone cleaner anti-mite, subtly promoted "anti-mite vacuum electro-medical-surgical. On an actual value of 350 euros, the devices were proposed for 3,500 euros, or through credit, 94 euros per month. But the surest way to put the vacuum was still to be bought by the employees themselves! Therefore, the new recruits were being tricked out of a "guardian", to sell to family and friends of the newcomers. New recruits attracted by the promised amount of premiums in case they reach the goals – which does not occur and the lifestyle of expensive call center managers.

This last point has nothing surprising Italcarone is also accused of conspiracy and tax evasion by the Italian authorities.Sales in black society would amount, according to the Financial Guard, more than 4.5 million euros.

Boosted by the next course of World Cup football, the legalization of online gaming is now effective. Finally passed in Parliament on April 6 last, the law introducing the opening to competition of Paris and sports games online poker was passed on Thursday.

While meeting the demand of industry players to open their sites to French Internet users, the law is a practical framework previously existing well and illegal. One of the decrees implementing the Act stipulates the establishment of a regulator of online games (the Arjel), who will issue such authorization to operators to enable them to exercise. A process that should make effective the opening of the French market just for the inauguration of the FIFA World Cup, June 11 next. Big industry players such as Unibet, Bwin, Unibet or French Manga Gaming, will include the ranks.

For the law, which states that "gambling and chance are not an ordinary trade or a regular service," intends "to restrict and regulate the supply and consumption of games and monitoring their operations" . Objective: to protect both minors and compulsive gamblers, and prevent the development of fraudulent money laundering, terrorist financing …

100 million euros a year into the coffers of the State

So far, only the French Games and the PMU were allowed to propose to French Internet betting online on sports issues. Players of the Hexagon does not, however, deprived of illegally betting on foreign sites accessible in France. As proof, the market for online paris in France is estimated at 3.5 billion euros, of which only one third done with legal operators.In total, the state could reap as many as 100 million euros per year tax on these transactions by taking 7.5% horse or sports updates, and 2% of the stakes poker players.

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