A well integrated stock exchange in the european system :
Euronext, the first european stock exchange place, was founded in 2000 from the merger of stock options and Amsterdam, Bruxelles and Paris by-products. In 2002 Euronext has grown from the merger between Bolsa de Lisboa e Porto BVLP (the portugues stock exchange of stock options and by- products) and the purchase of LIFFE (London based stock exchange by-products). Created to meet with the markets world requirements it offers investors a larger cash flow and reduces at the same time, transactional costs. EURONEXT has successfully reached most of its integration. In 2002, Euronext was then the most important Stock Exchange place in Europe as far as volume of stock options exchanges in the global orders (1 570 billions euros) and was second on the stock exchange capitalization (1.477 billions euros).
Insurance :
This sector ranks 4th in the world with a turnover of 155.5 billion Euros. The insurance sector counts mostly 600 French companies and employs 146 000 staffs.
Axa, the leading European insurance company, CNP and AGF are the three leading French insurance companies.
Tourism :
It generates important income too. France is the most visited country in the world with 75 million tourists in 2003 and the commercial surplus in this sector exceeds 15.1 billion Euros. Tourism represents more than 6% of France GDP.
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