French and German leaders get involved with Airbus rescue plan
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Arguments over a rescue plan for Airbus could be decided by French and German government leaders on Friday amid warnings to politicians that cutbacks are now urgent despite conflicts over national interests.
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French Finance Minister Nicolas Sarkozy meets with counterpart Wolfgang Clement in Berlin on Monday in an attempt to heal the recent rifts in Franco-German industrial relations with plans for a shipbuilding alliance.
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France, Germany and Russia will form a working group to study Moscow's role in EADS, the company that runs Airbus, Russia's president said Saturday.
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French President Nicolas Sarkozy meets German Chancellor Angela Merkel on Monday to try to agree on who will run the troubled European aerospace group EADS, which manufactures Airbus.
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The leading French and German shareholders in European aerospace group EADS, the parent company of Airbus, were set to meet on Monday in Munich, a source close to the company told AFP.
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A new French executive team starts work  at Airbus parent group EADS on Monday after the European  aerospace group forced out two top executives blamed for a  two-week crisis over aircraft production blunders.
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Germany and France agreed Friday to strengthen efforts in their schools of teaching each other's languages.
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Philippe Camus, co-CEO of EADS, said the A350 was part of a long-term strategy for Airbus, taking both companies&#39; needs and technological progress into account.
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European aircraft manufacturer Airbus delayed unveiling its long-awaited rescue plan, pointing to renewed strains between Germany and France about about where cuts will fall.
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A dispute between the French government and the main shareholders of Airbus parent EADS is holding up a decision on the A350 jet's launch, two people close to major EADS shareholders said Friday.
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EADS is grappling with a burgeoning controversy at its aircraft unit Airbus that has exposed communications lapses and threatens to revive Franco-German friction at the heart of the European aerospace group.
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The Associated Press German Chancellor Angela Merkel and French President Jacques Chirac on Friday stressed their "common interest" in a fair sharing of burdens and opportunities as European airplane maker ...Comment
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German Chancellor Angela Merkel and French President Jacques Chirac called for a "fair division" of the burden in restructuring crisis-hit European aircraft maker Airbus, in a statement released at a summit ...Comment
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The French government is seeking to take control of European aerospace giant EADS by pushing for a capital increase to finance development of the new A350 long-haul jet, German newspapers have reported.
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German newspapers have accused French and German politicians of putting the future of Airbus at stake by interfering in the crucial restructuring of the troubled airplane maker.
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Russia sought to reassure  France and Germany on Saturday on its plans for Airbus parent  EADS and held out the prospect of more gas for Europe to ease  fears over Moscow's leverage of its growing economic clout.
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European countries are joining international rescue and relief efforts following the Indian Ocean tsunamis.