Europe angered at GM’s bail-out plan

Ministers from European countries with General Motors' plants, and European Commission officials met with GM officials, Brussels, 13 March 2009 to discuss the crisis facing the US-owned car maker.

European governments feel they have been presented with a choice between letting the US company’s overseas operations fail, putting hundreds of thousands of jobs in jeopardy, or bailing out an unsustainable business.

European Commission: MEMO/09/108: Debrief on the Informal meeting with EU ministers on the situation of GM on 13 March 2009 http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/09/108&format=PDF&aged=0&language=EN&guiLanguage=en

ESO: Background information: GM urges European aid as cash crisis deepens http://www.europeansources.info/record/gm-urges-european-aid-as-cash-crisis-deepens/

Deutsche Welle, 14.3.09: Europe to Put on a United Front in Dealing With GM http://www.dw-world.de/dw/article/0,,4096404,00.html

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