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German government still willing to discuss loan with Airbus

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August 30
7:36 AM 2013

The German government said it is still willing to discuss the development loan with Airbus. The German Economy Ministry confirmed that it is still open to talk with the European airplane manufacturer for the over EUR 600 million that the latter wanted to obtain. The Economy Ministry issued its statement after a daily newspaper reported that talks had collapsed.

The ministry said, "The economy ministry remains willing to talk. We expect that a constructive solution is possible. Airbus has committed to strengthening the research and development capacities in Germany. The economy ministry is awaiting concrete proposals and their implementation."

Die Welt, a German newspaper, had reported earlier that the talks had failed. Die Welt got its source from an Airbus report that was sent to the Federal States of Germany. The daily quoted Airbus saying that talks about the loan had "realistically speaking finally failed." The European planemaker had not yet issued any comment about the issue.

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