Nein

Following its defeat in Sunday’s European referendum, the French government is clearly anxious to demonstrate that it is still able to assert French interests. But in choosing to re-open the debate over the management of EADS, it has picked the wrong target. French shareholders in EADS, who together hold 30% of the defence group, are once more attempting to wrest control over management by bolstering the position of Noel Forgeard, future co-head of the group. But the French camp has miscalculat...