Financial Times FT.com

Germany and France near Airbus accord

By Hugh Williamson in Meseberg, Kevin Done in London and Gerrit Wiesmann in Frankfurt

Published: February 23 2007 21:18 | Last updated: February 23 2007 21:18

The German and French governments on Friday edged closer to agreeing on the future of Airbus despite complaints by Jacques Chirac that planned job cuts would “penalise” France more than Germany.

The French president and the German chancellor Angela Merkel, meeting at Meseberg castle near Berlin, said the “burdens and opportunities” arising from the politically sensitive restructuring of the European aircraft maker should be “equal and balanced” between the two countries.

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