Sunday, February 1, 2009
Uh-Oh!
This trouble spot has been brewing for some time. Germany and France have been bickering over the participation of Siemens in Areva's nuclear operations. After attempting to increase its equity position in order to gain more control over Areva's management, Siemens has now thrown in the towel and is looking instead toward greater cooperation with ... Russia. The switch has implications beyond the world of industry. Here is yet another obstacle to the emergence of a common EU foreign and defense policy. To say nothing of energy policy.
Subscribe to:
Post Comments (Atom)
2 comments:
Before inaugurating a new German-Russian pact with Energoprom, Siemens will have to solve the problem of the special clause in their agreement with Areva : in case of divorce, no competition in the nuclear industry for 8 years...
Angela will have to be very persuasive with Nicolas.
Perhaps this could be the opening for Russia to join the EU which i think would be a good thing all around.
Post a Comment