Tuesday, February 10, 2009
Bailout for French Auto Makers
The French are next in line to weigh the possibility of giving aid to auto manufacturers. The loans are raising concerns from other European Union countries. The European Commission is requesting clarification of the bailout plan to avoid any legal worries. Slovakia has come out to voice concerns of protectionism and Germany in regard to distortion of competition law.
Labels:
auto industry,
Europe,
financial crisis,
France,
Germany,
Slovakia
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