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GM leaders feud could put German aid to Opel at risk The fallout from General Motors decision to keep its German subsidiary Opel, instead of selling it to a team of a Canadian auto parts manufacturer, Magna, and the Russian Sberbank, has spread to a disagreement Russia’s Sberbank may open big credit line for Belarus Russia’s Sberbank may open a big credit line for Belarus, which would allow the country to satisfy its needs in external borrowing next year, Finance Minister of Belarus Andrei Kharkovets told reporters on 12 November A misled Merkel takes a swipe at GM over its Opel U-turn  German Chancellor Angela Merkel, who put her political reputation on the line and said her government would dish out billions of euros to help a beleaguered Opel automaker stay in business, has lashed out at Bitter former GM Europe chief Tata’s man for Nano?  The former European chief of General Motors (GM), Carl-Peter Forster, who took harsh shots at his employer for changing its mind in deciding not to sell its European subsidiary Opel – which could cost 10,000 Russia astonished over GM decision on Opel The Russian government expressed its surprise on 4 November at the decision by US car giant General Motors to hold onto its European subsidiary Opel and not to sell it. Dmitry Peskov, Interfax quoted a Berlin slams GM’s Opel decision Feeling ditched after six months of negotiations, German officials reacted angrily on 4 November to US car maker General Motor’s decision to keep its European business, Opel, rather than sell a majority stake to a Opel deal in the works after Spanish workers give okay  Workers at the German car company Opel - the European offshoot of US carmaker General Motors (GM) – should know this week whether the future of their group has been secured, although Spanish trade unions Spanish auto workers protest possible job cuts at Opel Feared job losses from the possible closure of a local Opel car factory recently prompted thousands to demonstrate in the northern Spanish town of Zaragoza. Local residents are concerned that the full or partial closure Opel’s buyer looks toward Russia, China, not the EU The Canadian auto-parts manufacturer and its Russian banking partner that got German approval to acquire the ailing Open carmaker, a move that could cost thousands of Europeans their jobs, will be looking toward China and Aeroflot, Gaz to cut thousands of jobs Russia’s largest airline Aeroflot is to cut up to 6,000 jobs because of falling passenger numbers, news agencies reported on September 17. Over the next half year alone, 2,000 of Aeroflot’s 15,000 employees are to Belgium takes Opel case to next level The question of job safety amid the ongoing recession fears is seemingly brewing a bilateral row between Belgium and Germany. The Belgian authority last week heightened its resistance against German state aid to auto manufacturer Magna’s takeover will cost 10,500 Opel jobs in EU The deal for Magna International, the designated buyer of General Motors’ European arm, to take over the troubled car maker Opel could cost on the other end, as more than 10,500 workers may lose their The waiting is over as GM will sell off part of Opel  After sputtering stops and starts in its decision-making process, giant US carmaker General Motors Co (GM) said it would sell off 55 percent of its European offshoot Opel to a consortium led by the Canadian-Austrian Merkel puts brakes on GM  Hoping to end the high anxiety in her homeland over the future of the carmaker Opel, German Chancellor Angela Merkel called for a rapid end to the uncertainty surrounding the future of US carmaker General Germany gets tough with GM over Opel deal  Talks over the future of giant US carmaker General Motors Corp’s (GM) troubled European Opel offshoot are entering their final stage with Germany setting out tough financial requirements for GM according to a letter in Canadian Magna and Chinese BAIC to takeover Opel Car parts supplier Magna is pushing ahead with its plan to seal the takeover of German car-maker Opel by mid-July, likewise Chinese carmaker BAIC has proposed taking a majority stake in GM’s European arm Opel Commission plans to rescue troubled Opel EU Industry Commissioner Günter Verheugen said he wants a thorough examination of strategy to save German automaker Opel, which he believes would ultimately benefit Russia. The European Commission cannot allow such a plan to pass Opel to offer cheaper models as Magna cuts jobs Opel is planning to build a low-budget version of its Astra to help it rebound, but the carmaker’s likely new owner Magna is still considering massive job cuts. A union official said that the cheap Putin’s unfinished business  Russian President Dmitry Medvedev said state ownership of some of the most badly-hit sectors of the economy would only be temporary, a sincere message that reassured private investors. But the Russian state is unlikely to GM is almost gone, but deal made to save Opel  Debt-crushed and nearly bankrupt General Motors, not so long ago one of the world’s biggest and most important companies, but now on the brink of collapse, has paved the way for its main European partners |
A few years ago, the European Commission selected the company Hudson/DeWitte & Morel to organize an Assessment Centre for Senior The former leader of the European Tories Conservative party was ejected from after defeating the As Bart Staes, a Member of the European Parliament (MEP) from Belgium and the Group EADS learns the US fix was in for Boeing Greek Lessons for Europe About interest rates and public interest EU’s Arctic Policy skating on thin ice Morocco needs tougher talk, sweeter carrots Reluctant EU tailors tough bail-out deal for near-bankrupt Greece The Truth About Turkish Cypriot Isolation Without homeland, Blair says no hope for Palestinians, peace Yes to the European Monetary Fund Clear and Present Danger: Bosnia and Herzegovina’s Surplus Arms and Ammunition Banks can create and destroy -... Banks can create money. This time-cherished truth opened the way to the last credit crisis, which still threatens the world Down with the bankers, loan sharks... Europeans have rightfully blamed greedy American bankers whose blood lust for money caused the worldwide recession that put scores of EU says ok to Greek deficit... After the European Union once again delayed any decision on whether to bail out Greece as the country struggles to Farage To Belgium: "I'm Sorry"... Speaking to New Europe ahead of his meeting with Parliament President, Jerzy Buzek, the unrepentant EFD Leader spoke about being Spanish Presidency plan for electric... Spanish Prime Minister Jose Luis Rodriguez Zapatero, whose country holds the rotating European Union presidency, has pledged to present a World unites in Haiti aid effort:... With the whole world watching, as Haiti tries to recover from the 7-richter earthquake that has reportedly killed 50,000, a Although the European Parliament dealt a surprise defeat to an EU-US deal that would have allowed American investigators to look US President Barack Obama on 16 February announced $8 billion worth of loan guarantees to In what is gearing up to be the event of the Defense calendar 2010, UK Even if you’re on the right track, you’ll get run over if you just sit The Baltic states of Latvia and Lithuania said on 24 February that they remained to be convinced that the sale Military forces from Russia and Ukraine will resume a naval exercise last held seven years On a visit to New Delhi to visit political and business leaders, Russian Prime Minister Russian oligarch Boris Berezovsky on 10 March won libel damages of GBP 150,000 ($223,000) after Will China redefine great power politics?
China is presenting its ascent not as a power shift, but as a paradigm shift. The worldwide economic recession has had European Union businesses keenly eyeing China for continuing markets, Showing there is still some major differences between the European Union and China in areas |
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