Spyker NV, the owner of Swedish car maker Saab Automobile AB before its financial collapse late last year, Monday said it has filed a $3 billion lawsuit against General Motors Co. claiming the U.S. car giant drove the Swedish company into bankruptcy, The Wall Street Journal reported. Spyker filed the claim in the U.S. District Court of the Eastern District of Michigan. Saab Automobile declared itself bankrupt last December, ending a long struggle for survival by the auto maker after attempts by Spyker to revive and then sell the company failed.

Spyker NV, the owner of Swedish car maker Saab Automobile AB before its financial collapse late last year, Monday said it has filed a $3 billion lawsuit against General Motors Co. claiming the U.S. car giant drove the Swedish company into bankruptcy, The Wall Street Journal reported. Spyker filed the claim in the U.S. District Court of the Eastern District of Michigan. Saab Automobile declared itself bankrupt last December, ending a long struggle for survival by the auto maker after attempts by Spyker to revive and then sell the company failed.

Air France-KLM said Monday its net loss ballooned to nearly €900 million ($1.1 billion) in the second quarter after it took a hefty charge to pay for restructuring that will see it shed about 10 percent of the airline's workforce, Bloomberg Businessweek reported on an Associated Press story. The Franco-Dutch airline operator said its net loss grew to €895 million in the three months to June 30, compared to a loss of €197 million a year earlier.

A Dutch sludge-processing firm said it was in talks with Deutsche Bank and others about a 270 million euro ($331 million) derivatives deal, in which it effectively guaranteed loans the German bank made to other firms. Slibverwerking Noord-Brabant (SNB), owned by Dutch public water management bodies, is now sitting on a loss on the deal which it agreed in 2007, before the global credit crisis. SNB is talking to Deutsche Bank, its shareholders and other stakeholders about changing the terms of the loan guarantees, Chief Financial Officer Silvester Bombeeck told Reuters.

Finland and the Netherlands, the euro zone's most hardline creditor states, cast the first doubts on Monday on a European summit deal designed to save Spain and Italy from being engulfed by the currency bloc's debt crisis, Reuters reported. The Finnish government told parliament that Helsinki and its Dutch allies would block the euro zone's permanent bailout fund buying bonds in secondary markets. Euro zone leaders agreed last Friday that rescue funds could be used in a "flexible and efficient manner" to lower government borrowing costs. Their statement gave no further detail.

Oil giant Royal Dutch Shell, fuel distribution firm Greenergy and storage company Vopak are putting together a joint bid to buy the Coryton refinery as a storage terminal, a union official said on Wednesday, Reuters reported. The union said it would fight the move, which would put the vast majority of the 900 workforce out of a job, and will step up protests to encourage the government to support a bid to keep it operational. "We're hearing it's a tripartate agreement," said Russ Ball, regional representative for Unite the Union.

Parts of bankrupt Dutch aluminium producer ZALCO will be bought by a Dutch and a U.S. company, which will continue casting and anode production but smelting operations will cease, the Dutch buyer and an administrator said on Monday, Reuters reported. ZALCO, which had a production capacity of 275,000 tonnes per year of aluminium, filed for bankruptcy in mid-December. Its plant at the port of Vlissingen in the southwest of the Netherlands, which employed 600 people, was shut a few days later due to a lack of funds to pay energy suppliers.

The Netherlands has recently found itself in the unusual position of being a deficit scoldee rather than deficit scolder: The government’s forecasting agency said that worse-than-expected growth boosted the deficit last year and will do so this year and next without more cuts. The ensuing austerity talks prompted the collapse of the Dutch government, but the caretaker government managed to secure a deal on a package of spending cuts and tax hikes that will bring the deficit under 3% of gross domestic product next year, as required by EU rules. So, good news, right? Actually, no.

The Dutch caretaker government secured a parliamentary majority for its austerity package Thursday evening, after clinching the support of a fifth political party, The Wall Street Journal reported. Dutch Finance Minister Jan Kees de Jager had been engaged in talks with three left-leaning opposition parties in an effort to reach agreement on the 2013 budget ahead of a key debate in Parliament later in the day and a European Commission deadline next week.

The Dutch prime minister, Mark Rutte, announced the resignation of his coalition government on Monday after its partners failed to agree on austerity measures, leaving the Netherlands with a messy leadership vacuum at a time of anxiety about the euro, the International Herald Tribune reported. Mr. Rutte has been an ally to Chancellor Angela Merkel of Germany on fiscal matters and a strong voice in favor of austerity for other European countries.