Results for Berlin
- GM's Europe Brands Survival Dependent on State Aid
General Motors's European brands are near collapse, with Germany's Opel in need of substantially more funding and Saab reported to be asking for $590 million from the Swedish government to help it restructure, Reuters reported. Filing for prote ...
Daily Headline - global.abi.org - 02/20/2009 - 09:25 - 0 comments
- Opel Plans Own Restructuring Plan to Avert Layoffs
General Motors Europe said on Wednesday it was prepared to discuss partnerships or outside investment for its Opel unit as pressure mounted on the government in Berlin to help rescue the German brand, Spiegel Online reported. But Chancellor Angela Merkel ...
Daily Headline - global.abi.org - 02/19/2009 - 10:11 - 0 comments
- Merkel Fails to Resolve Rift on Hypo Nationalization
German Chancellor Angela Merkel and Foreign Minister Frank-Walter Steinmeier, her challenger in Sept. 27 elections, failed to resolve a coalition dispute over nationalization of Hypo Real Estate Holding AG, Bloomberg reported. Talks at the chancellery in ...
Daily Headline - global.abi.org - 04/13/2010 - 12:43 - 0 comments
- Opinion: The State as Über-Entrepreneur: Berlin Sees No Limits to Economic Intervention
As part of her efforts to combat the economic crisis, German Chancellor Angela Merkel is increasing the state's influence in the market, buying holdings in banks and bailing out individual industries and companies, Spiegel Online reported. Is German ...
Daily Headline - global.abi.org - 04/13/2010 - 12:42 - 0 comments