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Europe Daily Bulletin No. 12318

3 September 2019
ECONOMY - FINANCE - BUSINESS / Competition
France maintains pressure to create European industrial champions
Brussels, 02/09/2019 (Agence Europe)

Bruno Le Maire, the French Finance Minister, expressed his dissatisfaction on Sunday 1 September with the Chinese CRRC group's desire to acquire the locomotive production business of the German company Vossloh; he also reiterated his disapproval of the Commission's refusal to allow the merger between Siemens and Alstom last February.

I do not support a Europe that does not defend our interests”, he toldEurope 1, referring to the Chinese company's plan to acquire new market shares inside...

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