Hi Thierry,

Thierry Volpiatto <thierry.volpiatto@gmail.com> writes:

> Actually to start emacs-25 I have to advice `package-initialize' to set
> `package--initialized' before.

Yes, I reported this here:
http://article.gmane.org/gmane.emacs.diffs/129142

See the attached patch.

Can you double check it's correct for you?
CC'ing Artur as he may want to double check too.

Thanks,