Germany not meddling in Siemens-Alstom deal, but likes European champions

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Fri, 18 Jan 2019 - 12:01 GMT

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Fri, 18 Jan 2019 - 12:01 GMT

File- Acting German Chancellor Angela Merkel talks with German Environment Minister Barbara Hendricks and Head of Federal Chancellery Peter Altmaier before the meeting with mayors at Chancellery in Berlin, Germany, November 28, 2017. REUTERS/Hannibal Hans

File- Acting German Chancellor Angela Merkel talks with German Environment Minister Barbara Hendricks and Head of Federal Chancellery Peter Altmaier before the meeting with mayors at Chancellery in Berlin, Germany, November 28, 2017. REUTERS/Hannibal Hans

BERLIN: 18 January 2019: Germany's economy minister Peter Altmaier has no intention of interfering in cartel authorities' assessment of a rail deal between industrial groups Alstom and Siemens but in principle he backs European industrial champions, his spokesman said.

"The minister has indicated that he does not want to interfere in ongoing proceedings as the authorities are independent," the Economy Ministry spokesman told a regular government news conference on Friday.

"But as a matter of principle, he welcomes it when there are European champions that are competitive on the international market," the spokesman added.

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