German chancellor stresses importance for Siemens to return to 'calm waters' amid CEO storm

  • by: DAVID McHUGH
  • Updated: July 29, 2013 - 6:40 AM

FRANKFURT, Germany — Germany's Chancellor Angela Merkel thinks it's important for Siemens AG to get back to smooth sailing after the German engineering group's announcement that it plans to remove CEO Peter Loescher, a government spokesman said Monday.

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