November 24, 2008 at 2:13 pm
#788120
Inactive
Well that article has written France all over it. They are the only country in the whole of the EU (27 member states) that aggressively seek to bail out several companies. And by the way that does skew competition as do all the bail outs in the US and other places. The Opel bailout that is mentioned would involve a €1 billion guarantee which is just a preventive measure to keep it from potentially being dragged down by GM should it go bankrupt.