Alstom rescue deal faces EU delay

Siemens prepares legal challenge to EU-France rescue deal for Alstom

The European Commission said it could now delay a decision on the French government's rescue package for Alstom, the troubled engineering firm.

Tilman Lueder, competition spokesman for the commission, said on Wednesday: "We did say we were endeavouring to find an agreement by the end of the week. We are not there yet. We will not endanger the validity of an agreement by a time schedule."

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