While the group has performed better than its commercial rivals in recent quarters, as Ahold trades at a discount to many other names in the industry, because of the feeling that the company is too exposed to low growth markets.

Ahold, owner of the first supermarket chain in the Netherlands Albert Heijn, produces some 60% of its sales in the U.S., with retailers Stop & Shop, Giant-Landover and Giant-Carlisle.

The company last week released the results better than expected in the third quarter with a 5% increase in earnings, rising food prices and market share gains have boosted sales despite difficult market conditions .

Among the measures included in a presentation to investors, including the group intends to triple its online sales, to 1.5 billion euros, and open at least 150 stores over the next five years.

Specifically, Ahold wants to open at least 50 supermarkets in Belgium after the results of two test stores already established in the country.

"This transaction, when finalized, will be the largest order of civil aircraft in the history of Boeing, both in value and number of aircraft ordered," said a statement from the U.S. aircraft manufacturer.

He adds that the agreement with Lion Air, Indonesia's largest airline, also has rights to purchase 150 additional aircraft.

Boeing said that U.S. President Barack Obama will attend the signing ceremony for the purchase of 230 aircraft.

Like the A320neo from the A320, the MAX 737 is the version of 737 for fuel savings. The first copies should be delivered in 2017.

The Minister of Finance, Baroin said he asked regulators to investigate the causes and possible consequences of the mistake, which he described as "quite shocking rumor of information that do not match any foundation".

"We will not leave any negative message through. It was a strategy, we have an appointment in terms of deficits that is fixed.It will not change one iota, "he said in Lyon on the sidelines of a conference of the economy.

Standard & Poor's has sent a message to some clients who might suggest that the rating of France had been changed.

The rating agency said in a statement that following a technical error, a message was automatically sent to some subscribers suggesting that the credit rating of France had been changed.

"This is not the case notes of the French Republic are AAA/A-1 + with a stable outlook, and this incident is not related to any monitoring activity notes," she said. "We are investigating to determine the cause of this error."

These two production of components and assembly of offshore wind turbines six megawatts – one in Saint-Nazaire (Loire-Atlantique) and one in Cherbourg (Manche) – could generate up to 1,000 direct jobs and 4,000 indirect jobs, the group argues in a statement.

The specialist in energy infrastructure and transport is part of a consortium of six companies led by EDF Energies Nouvelles, which also includes Dong Energy Nass & Wind Offshore, Offshore wpd Poweo and ENR.

Alstom is prepared to invest up to 100 million euros in these two sites "if the consortium is selected at a level that ensures a critical industrial scale."

The project, covering a total capacity of 3,000 megawatts (MW) in five areas, corresponding to half the target set by the government to install 6,000 MW offshore by 2020, equivalent to almost four times the power of a nuclear reactor EPR.

GDF Suez, together with Vinci and Areva, are part of a rival consortium.

Candidates have until January 11, 2012 to submit their bids. They will be screened in April 2012 and retained permanently in 2013.

European stock markets have taken the bull by the horns Friday night, driven by renewed optimism for two days of the EU summit must respond to the crisis in the euro area. Paris ended up 2.8%, Frankfurt 3.5%, London 1.9%, 2.8% and Madrid. The eyes are now fixed on Brussels, which is expected to announce concrete steps Sunday to save Greece, prevent contagion of the crisis in fragile countries in the euro area, and reassure the markets.Update on four major issues in this summit.

The loan to Greece is he paid?

Greece has a positive decision of the creditors (IMF, EU, ECB) after passing the test on Wednesday and Thursday of the street. Parliament passed a new law Thursday austerity which provides further wage cuts and layoffs in the setting of 30,000 employees. But if the payment of this sixth installment of the loan of 110 billion seems to be accepted by Brussels, the IMF's involvement is less. The institution is actually more pessimistic than Europe on the development of public finances of the country.

What level of discount for Greece?

The discussions relate "50%" according to a European source. This level imposed on the country's private creditors would erase 67.5 billion euros of Greek debt that will culminate later this year to 357 billion euros (about 162% of GDP).That's a lot more than what was agreed at the Summit of 21 July, the discount was set at the time to 21% of the commitment of private creditors. If this hypothesis is confirmed, this discount will remove 20% of the debt. The Union of Greek Industrialists (SEV) held Friday consequences "dramatic" if this level should be imposed on private creditors. But this statement should not weigh very heavy in view of the issues … However, the whole question is about the ability of Europe to offer a discount to private creditors 'voluntary' of their claims. For without this principle, the credit event could be delivered, which would open the door to bankruptcy of the country.

How much money to recapitalize the banks?

To allow banks to withstand losses on the country's debt, the EU will reassess the capital ratios of European banks to the tune of 9%.For this, the European Banking Authority (EBA) has assessed the need for recapitalization of banks from 80 to 100 billion euros. The question is whether this amount will be enough to reassure the markets knowing that the IMF rather evoked a level of capitalization to 200 billion euros. In all cases, the major European banks were against a forced recapitalization. And warned that, given the difficulties to obtain financing, this would lead them to reduce the size of their balance sheets. In other words, to reduce their lending activity.

How to strengthen the EFSF?

This is where things get complicated. For Paris and Berlin have not yet found agreement on the issue. For France, it would give the banking license to the European Financial Stability (EFSF) to enable it to refinance with the European Central Bank (ECB).Leverage and the ability to fund intervention limited to 440 billion euros that can lift the markets. Paris also wants the ECB to continue to buy bonds fragile as it has done for over a year. But Berlin and the ECB refuses, and instead want to change the Fund's insurer. It would ensure any losses would have to suffer the investors in the bonds of fragile states up to 20 to 30% in case of difficulty in these states to honor their commitments. This idea has received support Friday from 10 major European banks and insurers. But here, in addition to France, Spain and Italy do not agree. Rome and Madrid, this will create a rate difference between bonds and debentures. "No one in a financial crisis, venture to purchase securities that need a crutch," said EU official.This is mainly because of these disagreements has been decided a second peak of the euro area, next Wednesday.

Nicolas Sarkozy left Paris Wednesday to Frankfurt where he is involved with German Chancellor Angela Merkel at a meeting to advance the conclusion of an agreement on the future of the euro area before the EU summit scheduled for Sunday, announced the Elysee.The President of the European Central Bank (ECB) Jean-Claude Trichet, his successor Mario Draghi, the Presidents Council and the Commission of the European Union (EU), Herman Van Rompuy and José Manuel Barroso, the Executive Director of the IMF Christine Lagarde, the finance ministers and French and German, Baroin and Wolfgang Schäuble, also participate in this "informal meeting" added the source.

All these personalities gathered in Frankfurt for a ceremony in honor of Mr. Trichet, who must leave office at the head of the ECB at the end of October. "No statement is expected at the end of this working meeting," also said the French presidency.At a luncheon at the Elysee Palace with the centrist deputies, the president announced he was ready to move quickly in Germany in order to hasten the conclusion of an agreement in anticipation of EU summits and the euro area scheduled Sunday.

France hopes that the EFSF can be turned into a real bank, such that it can refinance directly with the ECB. The ECB and Germany are opposed to such provisions, which require amendment of the European treaties.Germany stands in contrast the idea of ​​a mechanism to ensure EFSF some of the bonds of troubled countries, to multiply by "leverage" its lending capacity, currently $ 440 billion euros, without the states have to increase their contributions.

First limited to Greece, the debt crisis is now spreading to other countries in the euro area and its banks. Spain has suffered a further reduction of its sovereign rating for the third time in less than two weeks, while Greece was paralyzed by a general strike. At a meeting with Merkel in Berlin on October 9, Sarkozy had promised "sustainable solutions, comprehensive and fast" to resolve the serious crisis in the euro area, in any case before the G20 summit scheduled in Cannes on November 3 and 4.

The numbers speak for themselves: 50,000 outraged gathered this weekend in Lisbon, 6000 in Frankfurt, 5000 in New York and … no more than a thousand in Paris. The movement which started on the Puerta del Sol square in Madrid to extend to many countries never really took off in the hexagon.But why mobilization is struggling to develop in France, whereas it is a French, Stéphane Hessel, who inspired the movement with his book "Unworthy you"? Several answers.

France is less badly off than its neighbors

"Here we do not have a gun to his head like the Greeks may have with their crisis and the Spanish with their real estate market," said Julien Bayou, co-founder of the collective generation and precarious present in the meetings of the "outraged" French held each week. He said the crisis is felt in France, but not the same as in some countries. It is also the opinion of Robi Morder, Chairman of the studies and research on student movements (germ). "Many young people, especially graduates can expect to enter the world of work without going through the uncertainty," said he in the daily La Croix."It is more complicated in southern Europe, where unemployment is higher among graduates than non-graduates," says researcher Monique Dagnaud to Liberation. The rate of youth unemployment to 45% in Spain when he was 23% in France.

Unfavorable political context

The arrival of the next presidential captures media attention for weeks, and the recent Socialist primary did not help. This reduces the echo can have the movement in France. In addition, it is optimistic about the possible alternatives that demobilizing troops, said Julien Bayou. "In Spain, Greece or even the United States, we have leaders that could be called the left in power. And we know that at the polls, the alternation will not work. So it is mobilized in the streets" , said he."While in France we have a right to be making a right-wing politics, and people in the head the next election." It is against this background that would explain the very high participation in the Socialist primary according to Julien Bayou. "We have seen other profiles went to move to vote in the second round of elections, especially young people," he adds.

The refusal of the "recovery"

In France, social movements are generally handled by the unions and some political parties. But the outraged French refused this form of "recovery", preferring a spontaneous movement. They realized soon and should change their modes of action. "It is true that initially we were quite aggressive vis-à-vis the associations and parties," recognized Delia Fernandez, the collective indignation, of Liberation."This has slowed the mobilization and preventing challenges to reach the street. For their part, they did not understand that we act in a pattern different from theirs. We will now try to cut corners."

The movement is ever convicted?

Not yet. The recent history of France showed that some mobilizations, it took several weeks before the mayonnaise takes. "For us, the mobilizations take time, it took two months for the movement against the First Job Contract off", said Robi Morder. To this researcher, do not bury a mobilization that may, one day to another, take a lot more important. "Be careful because there are embers, it would spark an escalation of the crisis or a big scandal for example, it really starts," said he.

France and Germany have promised to present at the European Summit of 23 October a plan to recapitalize banks, responding to the situation worse than expected in Greece, increasing the firepower of the European financial stability and reforming the governance of the euro area.

"We will over the coming days to continue our discussions but we already have on contractual agreements that will be very important," said French Finance Minister, Baroin, after a meeting Friday with his German counterpart Wolfgang Schäuble and Nicolas Sarkozy.

Meanwhile, European leaders are putting added pressure on banks to force them to recapitalize and enable them to withstand greater losses than expected on the sovereign debt of the most fragile area.

The European plan will be included in a series of commitments that will be announced at the summit of Heads of State and Government of the G20 3 and 4 November in Cannes, which will close the French presidency of the Forum of 20 major economies.

Many measures discussed by finance ministers and central bankers of the G20 meeting in Paris on Friday and Saturday were referred to this deadline.

SUMMIT OF CANNES

In Paris, important steps were expected Saturday on the reduction of major global financial and economic imbalances, a priority for the French Presidency, with the objective that the seven countries identified as major sources of the imbalances present in Cannes "two or three significant steps "in this sense.

"We need fiscal consolidation measures for countries in excessive deficit and measures to support global activity for those who have surplus," explained a French source before the meeting.

According to an official of the G20 countries, the Chinese have thus expressed their readiness to "ensure that growth in China does not slow down, even if there is a risk of inflation through expansionary fiscal policy."

No major breakthrough is expected, however in Paris on the Chinese currency, the yuan, which the strict control by Beijing is considered one of the major causes of global imbalances.

The "path integration" of the yuan in the currency basket of Special Drawing Rights International Monetary Fund, a discussion underpinned by the loosening of the Chinese currency, is among the priorities of Cannes, with the objective of A schedule.

BANK CASH

The draft G20 communique obtained by Reuters Finance reaffirms that its members will ensure that banks have sufficient liquidity, in particular through central banks, as they undertook to do at the recent G7 Finance in Marseille.

The debate on the proposed increase of IMF resources, defended by almost all emerging G20 but faces opposition from the United States and Japan, will also resume in Cannes.

Discussions were still Saturday on whether to publish the list of banks considered to be running in size a systemic risk the global financial system, where the G20 should agree on capital surcharges.Again, final decisions will be taken in Cannes.

"Principles" for emerging economies suffering from speculative capital movements must also be finalized for the upcoming summit of the G20, to help control these flows in order to avoid destabilization of the economy.

Acea believes that EDF has acquired illegally participation in conjunction with Aem Milano, now part of the company A2A.

The gross rate of unemployment in Germany down again. The level reached in September has a new record low at 6.6%, ignoring the economic uncertainty and the crisis of the euro. The unemployment rate fell to gross 6.6% in September, as against 7% in July and August, which already marked its lowest level since the reunification of the country, according to figures released Thursday by the Employment Agency. Its level is the lowest for 20 years.

In data adjusted for seasonal values, the unemployment rate also fell to 6.9% against 7% a month earlier. This represents 26,000 fewer unemployed, where economists were expecting 10,000 less."The demand for labor remains strong," said the director of the Employment Agency, in a statement, and that while the situation in Germany, as in the euro area is marked by uncertainty .

Recent surveys of the financial community (ZEW) and entrepreneurs (Ifo) portend a slowdown in economic activity in the coming months. Already in the second quarter, the German economy had slowed sharply, with GDP rising by only 0.1%. Chancellor Angela Merkel, however, on a table growth "closer to 3% than 2.5%" this year, the official government forecast of 2.6%.