Biz Watch

Building the Lip Service Sector
Do France and Germany really want to build world-class companies? Last week Jacques Chirac and Gerhard Schröder swore they did, pledging to team up to develop "the industrial champions that Europe needs," in the words of the French President. A top-level delegation of French ministers will head to Berlin in late May to trade ideas with their German counterparts. But watch what they do, not what they say: officials on both sides say the move is largely an attempt to patch up bad feelings in Germany over recent French market interventions....

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!