Paris and Brussels reach Alstom deal

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Series Details 18.5.04
Publication Date 18/05/2004
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Mario Monti, European Commissioner for Competition, and Nicolas Sarkozy, France's Finance Minister, reached agreement on 17 May 2004 on an outline deal over state aid for Alstom, the struggling French engineering giant. Details of the deal have not yet been released, but the French Government has been intent on preventing Alstom from being broken up.

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