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France and Germany to seek changes to EU rules given Alstom/Siemens veto: Le Maire

France and Germany to seek changes to EU rules given Alstom/Siemens veto: Le Maire© Reuters. FILE PHOTO: Alstom workers at the company’s high-speed train factory in Belfort

PARIS (Reuters) – France will discuss with Germany ways to change European rules on competition, in light of an imminent EU veto on a planned deal between Siemens and Alstom (PA:), said French finance minister Bruno Le Maire.

“The current EU rules are obsolete,” Le Maire told France 2 television.

“There could have been another interpretation of the rules and I challenge the technical analysis made by the European Commission,” the French minister added.

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Source: Investing.com

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