No decisions on EADS/BAE merger seen at Merkel-Hollande talks: aide

Fri Sep 21, 2012 6:10am EDT
 
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BERLIN (Reuters) - Angela Merkel and Francois Hollande will discuss the merger of European aerospace firm EADS EAD.PA and British defense firm BAE Systems (BAES.L: Quote) at a Franco-German summit on Saturday but will not make any decisions, a Merkel aide said on Friday.

"EADS/BAE will certainly be a topic at the working lunch with President Hollande, but there definitely won't be any decisions on Saturday," the German chancellor's spokesman, Steffen Seibert, told a news conference.

The German and French leaders will also discuss plans for cross-border banking supervision by the European Central Bank but the meeting is "not the moment for making decisions", he added.

(Reporting by Stephen Brown and Gareth Jones)

 
Visitors look at aircraft models at the EADS booth during the ILA Berlin Air Show in Selchow near Schoenefeld south of Berlin, September 13, 2012. REUTERS/Tobias Schwarz