Reuters gets hold of a German economy ministry paper that lays out the country's reservations...


Reuters gets hold of a German economy ministry paper that lays out the country's reservations about EADS's proposed merger with BAE Systems. These include guarantees about the future location of factories as being unreliable, highlighting fears about possible job losses. The paper states that France and Germany are seeking a common position. (see BAE threat)

Comments (1)
  • petten
    , contributor
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    Uh-huh, the southern US (like Alabama and Texas) is definitively more competitive in terms of labor supply compared to Europe. If the merger gets through, it's not hard to imagine that certain jobs traditionally done in Europe could very well migrate over the Pond.
    24 Sep 2012, 04:33 PM Reply Like
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