France to accelerate EU’s orders on Alstom rescue

16th February 2005, Comments 0 comments

PARIS, Feb 15 (AFP) - The French finance ministry said Tuesday it will speed up application of several EU directives that were promised by Paris as part of the EU approval for the 2004 financial rescue of industrial group Alstom.

PARIS, Feb 15 (AFP) - The French finance ministry said Tuesday it will speed up application of several EU directives that were promised by Paris as part of the EU approval for the 2004 financial rescue of industrial group Alstom.

The announcement came after a meeting of Finance Minister Herve Gaymard and EU Competition Commissioner Neelie Kroes, and confirmed a report in French daily Les Echos earlier in the day.

The government is to use an executive order to open public procurement markets in the water, energy, transportation and postal service sectors, allowing it to avoid delays that would occur if the measures were passed in Parliament.

Gaymard also said that rail freight operators would no longer need to obtain safety certificates from the state-owned railway operator SNCF, but instead from an independent agency to be created soon.

In the meantime, the transport ministry would provide the safety certification service, the ministry said.

© AFP

Subject: French News

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