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Oh sure, they'll be happy with this in Spain and the UK. Possibly even Belgium! In fact, I should ask someone who knows about this stuff before I make any conclusions on whether it's good on balance for labour or not.

And I think that protecting car manufacturers was a waste of stimulus money on the longer term...

Still, I wonder whether Merkel was briefed, because if she wasn't, it's a big "fuck you" from the US government.

by nanne (zwaerdenmaecker@gmail.com) on Wed Nov 4th, 2009 at 09:24:15 PM EST
[ Parent ]
Hmm, Spain wasn't all that happy because there was no guarantee that the deal reached with Magna wouldn't be scuppered. There is no appetite for renegotiating.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Thu Nov 5th, 2009 at 02:21:07 AM EST
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