Irina Aervitz: The purchase of a slice of car company Opel by a consortium consisting of Magna, Canada’s largest automobile parts manufacturer, and Sberbank, Russia’s state-owned bank, may be another step in Moscow’s plan to revive the nation’s automotive sector.
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Jens F. Laurson & George A. Pieler : The recent deal to save Opel in Europe, which was backed by the US, German and Russian leaders and included a 1.5 billion euro investment from Germany, is not the end of the story. The deal blithely gave the state control of a major industry - putting free markets themselves at stake.
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Christoph Suess: Instead of forging ahead with its separation from General Motors, German affiliate OPEL should be kept within the GM group. German politicians must engage with their American counterparts in trying to find a transatlantic solution to the auto crisis on both sides of the Atlantic.
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