Insider Business EU says reviewing concessions from Siemens and Alstom on rail deal

EU says reviewing concessions from Siemens and Alstom on rail deal

The European Commission is reviewing changes proposed by Alstom and Siemens to alleviate European Union concerns about a proposed merger of their rail activities, EU Competition Commissioner Margrethe Vestager told Reuters.

Vestager, speaking at a party congress of the pro-business Free Democrats in Berlin, confirmed the firms had made new concessions on terms of the deal on Friday, but said the changes were submitted on Day 110 of the process, which was “way, way over the usual deadline.”

Asked if the door was still open for a possible agreement, Vestager said, “We’re looking at what was handed over to us this Friday. This is the last push, if at all possible.”

REUTERS

Top Stories

Britain’s Banksy depicts U.S. flag on fire in Floyd tribute

  Reclusive British street artist Banksy published a new artwork online on Saturday which depicts the United States flag being set alight by a candle...

What U.S. police are shooting at protesters

  Police across the United States are using a variety of weapons on protesters during demonstrations against the death of an unarmed black man in...

Cyprus, Greece working together to promote tourism, says Perdios

  Cyprus Deputy Minister of Tourism, Savvas Perdios, underlined that Cyprus and Greece send the message that they have successfully  contained the COVID-19 pandemic, to...

Ministry issues guidelines for operation of gyms

    As part of efforts to prevent the spread of coronavirus, the Health Ministry has unveiled guidelines for the operation of gyms ahead of their...

One death, no new coronavirus cases

    A 68 year old man with coronavirus had died, the Health Ministry said on Saturday as it also announced no new positive cases for...

Taste

Poulles (Υoung kolokassi)

Either you thrash the coriander seeds in a mortar, without making them into dust, or you gradually crush them in a blender. Remove the edges...

Pork cooked in wine

Crush the coriander seeds in a pestle and mortar or pulse-blend in a blender, taking care not to over-grind. Put the meat in bowl (not...

Lefkaritikos tavas – O ‘protinos’

Wash and dry the meat and rice separately. In a ‘tava’ (oven proof deep clay pot) first put a layer of five-six pieces of meat...

Local cuisine: An introduction

Rich in fresh ingredients and tasty herbs, offers the very best of Mediterranean culinary delights. Head out to a tavern and feast on a...