Hollande Calls for Franco-German Energy Alliance

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French President Francois Hollande called for the creation of a Franco-German company to help the two nations as they make major shifts in energy policy.

It would be a “beautiful alliance,” Hollande said at a press conference yesterday, without offering details on whether the effort would involve merging existing utilities or take another form. He compared the endeavor to Airbus Group, the European commercial airplane maker with operations in both countries.