French president François Hollande took the biggest gamble of his two-year-old presidency on Monday by ordering his reformist prime minister to form a new government which will exclude Socialist dissidents demanding an end to economic austerity policies dictated by Germany. Continue reading…
Tag Archives: Montebourg
GE faces rival bid for Alstom from Siemens
Siemens entered the battle for French engineering group Alstom on Sunday, after the French government encouraged a European counterbid following a $13bn (£7.7bn) offer last week by the US companyGeneral Electric. Continue reading…