The European aircraft manufacturer, a subsidiary of Airbus, said the amount of its gross orders had reached 1,179 aircraft and reported delivered 374 aircraft in the first nine months of the year.

By comparison, Boeing had recorded at September 27, net orders of 425 aircraft, a delay that the American manufacturer hopes to meet with his future MAX 737.

Airbus was far behind its major competitor at the Paris Air Show that was held in June in order.

"I do not want a country will default but if it happens, obviously (…), we would be vulnerable to an event of this nature," said Pedro Passos Coelho to parliament.

"If this happens, we can not exclude a stronger plan to help," he added.

If such an event occurred, the prime minister would like the European Central Bank provides liquidity to banks in Portugal and Ireland.

"There are risks abroad and we need to take these risks into consideration," he said.

As part of the aid program of 78 billion euros was granted, the country must lower its deficit to 5.9% of gross domestic product (GDP), while it recorded a deficit of 9, 2% of GDP last year.

The center-right government is conducting a series of measures such as spending cuts and tax increases, and economic reforms to achieve the goals of the bailout.

ArcelorMittal, the world's largest steel and Peabody, the largest U.S. coal, offered 15.66 Australian dollars per share Macarthur, including dividend, about 3.5 billion euros to get their hands on the giant but pulverized coal it considers the offer inadequate.

The Australian group, which must respond by 1 September, said efforts to find a buyer more generous.

"Macarthur said to be in regular negotiations with a number of interested parties in connection with any alternative proposals which could result in a superior offer to shareholders," the group said in a statement.

The action ended on Wednesday Macarthur 15.80 Australian dollars, up 1.15% but slightly above the proposed $ 15.66, suggesting that investors are skeptical of a cons-offer.

Macarthur posted annual results boosted by higher coal and pulverized by a gain on disposal.The annual net income at the end of June, has almost doubled to 241.4 million Australian dollars.

Excluding items, earnings came out of 142.4 million Australian dollars, against 139.1 million the previous year, while the Thomson Reuters consensus I / B / E / S was 144.6 million.

The second half suffered from production interruptions caused by major floods in the region of Queensland. The group plans to return to normal production in early 2012 at the earliest, around 5 to 5.3 million tonnes per year, and hopes to increase it to 9.2 million tonnes by 2014.

The CEO of Volvo Stefan Jacoby announced in February to invest more than $ 11 billion (7.6 billion euros) over five years. They can be used to build new plants and development of new products.

Geely, parent company of Geely Automobile Holdings, acquired Volvo from Ford in August 2010 for $ 1.8 billion (1.4 billion), concluding the largest takeover of a foreign automaker by a Chinese .

While S & P downgraded Friday to AA + the United States and matched their score with a negative outlook, Paris and London still enjoy a stable outlook on its triple-A, said Moritz Kraemer, quoted by the German economic daily Handelsblatt.

"We note the risk that we perceive the prospect that we attribute," he said.

"Accordingly, the United States were negative watch, and we have a stable outlook for both France and for Britain, which indicates that this point of view we do not anticipate a reduction in the next two years. "

France – which shows the worst ratios of fiscal group of "triple A" in the euro area (France, Germany, Netherlands, Austria, Finland and Luxembourg) – will honor its commitments to keep the note allowing it to fund the best conditions in financial markets, said Tuesday morning the budget minister Valérie Pécresse.

The budget deficit of the French state amounts to 61.3 billion euros at end-June against 61.7 billion a year earlier, according to data released Tuesday by the Budget Ministry.

This option, which would reduce consistently the debt burden through a Greek private sector, had already been discussed in early June before finally being discarded because it involved a "selective default" of Greece, which s' between the ECB and France.

"We need a private sector (…) which is different from a bank bailout.We have a model (the "bond swap") on the table that allows this, "the source said on the sidelines of the monthly meeting of the Eurogroup, which must make progress on the outlines of a second support plan for Greece .

The source also said that Germany considered "problematic" the option of a buyback by the Greek state, which implied a greater effort of public and private sector and the effect would be limited .

She finally explained that the French proposal for a "roll-over" of the Greek debt was no longer on the table "in its original form."

We do not know the price but decided, sources familiar with the matter had been quoted a price of around EUR 1.2 billion.

According to contract details received from the past, the market was on firm orders which were added two options for two additional buildings.

The two helicopter-carrying object of the agreement signed Friday will be built by French shipyard DCNS, contractor on the contract, and STX, in collaboration with the Russian public United Shipbuilding Corporation, OSK.

DCNS, a public company, is controlled 25% by the defense electronics group Thales. Korean STX Group, owner of the shipyards of Saint-Nazaire is also involved in the construction of the Mistral.

In a statement, the Elysee said that the achievement of two buildings Projection and Command (BPC) would provide over 1,000 direct jobs in France for four years.

Along nearly 200 meters and weighing 21,300 tons, the PCB can carry up to 16 helicopters and four barges transporting equipment or two landing craft and 900 men.It can also carry a forty heavy tanks and host a headquarters capable of conducting a joint operation of limited scope.

A spokesman said the DCNS Mistral is first delivered in 2014 and the second in 2015.

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A senior Greek official said for his part that the government thought that the Greek Parliament would decide by the end of the month on its austerity plan in the medium term, which is an essential condition to the granting of new aid International.

Athens needs to accelerate privatization and to impose new austerity measures to qualify for this aid, following an agreement last Friday with the International Monetary Fund, the European Union and the European Central Bank.

According to official sources in the euro zone, a proposal for a plan of 80 to 100 billion euros over three years would be ready within two weeks. But this proposal does not address important issues, such as private sector participation.

According to these sources, 30 billion would be drawn from a deferral of debt maturity, 25 to 30 billion would be contributed by the Greek privatizations and 30 to 40 billion would come from international aid itself, due to a third party on IMF and two thirds for the European financial stability, like Ireland and Portugal.

European Commissioner for Economic and Monetary Olli Rehn said Monday that the device would be ready before June 20, the date of the Eurogroup meeting in Luxembourg.If this happens, the Heads of State and Government of the EU could adopt the package at their summit in Brussels on 23 and 24 June

VOLUNTARY PARTICIPATION

The EU still has some work to do before the IMF does new loans, said Bob Traa, IMF representative in Greece.

"I think there is a peak in Europe in June, where he'll have to take the bull by the horns. They will have to take certain decisions, then we will inform our Board and disburse aid in early July," he said .

EU tries to develop an assistance to Greece for years to come that will prevent defects and involves the private sector.

A year ago, the EU and IMF assistance mobilized 110 billion euros for Greece.But this meant that the country can once again borrow on the markets in early 2012, which is totally excluded by astronomical rates of return on the debt market in Greece.

Voluntary participation of private sector rescue of Greece, which would be one component of the new aid, designed to replace the previous one, raises many questions.

One hypothesis is that private creditors bought new Greek bonds when they mature they hold, thereby avoiding the obligation to Greece to spend cash.

According to official sources in the euro zone, investors who have invested in paper two and three years and could buy shares in seven years or more.

But ratings agency Moody's, the account is not there. It is unclear how this delay could be due truly voluntary on the part of private and she sees a fault in power.

"It's hard to imagine, in the present circumstances, that it be done voluntarily," he told reporters Bart Oosterveld, director of the division "sovereign risk" from Moody's. "It is more likely that, in our view, this is considered a credit event."

HOLY UNION

Bob Traa said the IMF was opposed to a major restructuring of the country's debt because of unforeseen consequences this might have for the countries of the euro area.But he hinted that the IMF was open to other solutions.

"One can reasonably think lengthen payment periods, such as loans granted by euro area partners and the IMF because we have clauses depreciation at end of program. It's a technical question on which we can think, "he said.

Greece has already received a longer repayment period for the first aid program and the IMF was prepared to renew the movement, but not without prior agreement with the European Union.

Greece's debt is 340 billion euros, or 150% of its GDP and Traa said time was running out."Greece is at a critical point and has no time to lose," he said.

Regarding the participation of private rescue Greek, German BDB banking federation believes that this should be a last resort and for the moment it is not necessary.

A senior Greek official also informed that the Government would reduce the corporate tax, a concession to the opposition, and the VAT in 2012.

However, these measures would not be part of the medium-term economic plan, "he told reporters.

Within Pasok, the Socialist Party to power, some have claimed that each part of the plan, which provides for 6.4 billion euros of new austerity measures, is subject to separate votes.

Vote as a bloc would avoid that each measure is challenged individually. The EU has called for a united front on this plan which covers a period beyond the elections scheduled for 2013.

Investors are nevertheless concerned about the Greek debt after differing statements of European leaders and the announcement of the resignation of Dominique Strauss-Kahn, the manager of the International Monetary Fund.

The CAC 40 has retaken the helm of the 4,000 points at the beginning and still shows a gain of 0.43% to 3994.53 points at 9:30, after taking over 0.92% yesterday.

LVMH lost 1.3%, largest drop in the CAC 40, and PPR sells 0.9% in the wake of Richemont, which was down 4.8% after its annual results.

Saft collapsed 12% after the announcement by Johnson Controls' willingness to end its partnership with the French manufacturer of batteries. Saft opposes this decision.

Soitec takes 1.5%, largest increase in DTH, after the announcement of a persistent improvement of the activity on its markets, opening a positive outlook.

Other major European markets also rose: London and Frankfurt both earn 0.5%.

Of the European indices, the EuroStoxx 50 is 0.34% and Eurofirst 300 rose 0.33%.

The euro is trading around 1.4250 dollar, near its level before the end of the day, while U.S. crude subsequently falls 23 cents to 99.87 dollars a barrel.