Bercy now know that the battle will be fierce. Wednesday and Friday, the delegation tricolor working on new proposals. A capital increase subscribed by the state but the release of funds is conditional on approval from Brussels? But Brussels has finally decided that it would not work. He must therefore go back on other ideas..
Bonds that are repaid in shares once obtained the approval from Brussels. The abandonment of state participation in capital increase Alstom means including a time lag and a redistribution of forces in the round. The State agrees to make an additional contribution of 300 million euros, more contests in the short term, and the G3 trade at 100 million euros. In total, the rescue package amounts to 3.2 billion euros.
Monday, September 15, a synthesis of this new proposal from Brussels. Bercy think I won. The injunction but that kills 30 to 11 h, this Wednesday, September 17, the smoke is black. Unanimously, the Commission prohibits the immediate entry of the state in Alstom’s capital. Just she gives to France five days of suspension, at the initiative of some commissioners and Romano Prodi, Jacques Chirac has called the day before.