- France: as expected, the French Government has decided to float 25% of SNECMA on the stock exchange in the autumn. SNECMA (FF 42.1 bn turnover in 2000) is a company specialized in building engines and in which the state still has a 97.3% stake. This operation should make the State FF 1 bn. The government would have preferred to announce this floatation on the occasion of an industrial partnership with, for example, the Italian FIATAVIO or German MTU "but in the former case, the partner...