Comments on: Do national champions merit protection? Mon, 18 Apr 2016 14:55:08 +0000 hourly 1 By: RussellDavison Tue, 06 May 2014 11:05:52 +0000 Alstom is burdened by too much debt, a weak credit rating and looming refinancing needs of $1 billion in 2014. There is falling demand and more competition in power generation. Additionally, the company was bailed out of near-bankruptcy only a decade ago. So, how can Alstom be regarded as a national champion?