French Finance Minister reacts to Alstom Siemens merger

Alstom and Siemens have decided to merge their railway and signaling operations, creating the world's second-largest railway manufacturer. This merger is beneficial for Alstom, its employees, and European industry, enabling them to compete with global giants, especially the Chinese market.

What did Alstom and Siemens announce regarding their business activities?

• They are closing their railway transport division.

• They are merging their railway transport and signaling activities.

• They are expanding into the automotive industry.

• They are selling their signaling business.

What is the expected outcome of the Alstom and Siemens merger?

• Expansion into the aerospace industry.

• Creation of the largest global railway manufacturer.

• Creation of the second-largest global railway manufacturer.

• Closure of European railway sites.

What spirit does the merger aim to foster in Europe?

• A spirit of cultural exchange.

• A spirit of financial austerity.

• A spirit of technological retreat.

• A spirit of industrial conquest.

Who are Alstom and Siemens aiming to compete with after the merger?

• Middle Eastern oil companies.

• European aerospace companies.

• Chinese railway giants.

• American automotive giants.

Which industry is expected to benefit from the Alstom and Siemens merger?

• The European railway industry.

• The European automotive industry.

• The Asian technology industry.

• The American entertainment industry.