Bruno The Mayor: instead of defending the interest of Europe, the Commission serves as China

LE FIGARO. - You had warned against an error to the economy and a political mistake, and yet, the european Commission has remained adamant and has prohibited th

Bruno The Mayor: instead of defending the interest of Europe, the Commission serves as China

LE FIGARO. - You had warned against an error to the economy and a political mistake, and yet, the european Commission has remained adamant and has prohibited the merger Alstom-Siemens. How do you explain that?

Bruno THE MAYOR. - It is up to the Commission to provide explanations. I maintain: his decision is a mistake and a mistake that will cost the european railway sector. It is based on technical arguments that are highly questionable, and on a vision completely shifted of what is in the global market. The Commission has limited its analysis to the single european market, based on the principle that markets chinese, japanese, and south koreans were not relevant because they are closed to european players. It has been estimated that the Chinese did not have access to the european market while they are already there! The threat will be very real, in the very near future. China has merged its operators, which are winning international markets. It ...

Date Of Update: 09 Şubat 2019, 00:00

Kathleen Lees

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