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Magna, Magna, Magna. German politicians became so transfixed on one solution in the crisis at Opel that they fell into the populism trap and lost touch with reality. Full Article at Spiegel Online
Embarrassment, indignation and confusion greeted German politicians on Wednesday morning as they faced questions about why they threw billions of dollars at a proposed sale of Opel that died in a General Motors boardroom Tuesday. Full Article at Financial Post
BERLIN - OCTOBER 08: Guido Westerwelle (L), leader of the German Free Democrats (FDP) and German Christian Democrat (CDU) and Governor of the state of Hesse Roland Koch (R) walk together after the second round of coalition negotiations between the FDP... View Photo »
Nov. 4 (Bloomberg) -- General Motors Co. must overcome resistance from German workers and politicians as it eliminates jobs to save the Adam Opel GmbH division from bankruptcy after calling off a planned sale to Magna International Inc. Full Article at Bloomberg.com
I'll list all the ministers -- but, loosely, from most powerful to least. held a speech appealing for a focus on equal opportunities, she said that it doesn't suffice to "set only on the growth powers of the market" The holder of this post is... Full Article at European Tribune - Community, Politics & Progress.
Roland Koch (left), premier of Germany's Hesse State, and Opel Chairman Carl-Peter Forster talk in front of a logo of the German car manufacturer in Ruesselsheim yesterday as the money-losing auto maker struggles to survive. Full Article at Shanghai Daily
BERLIN - OCTOBER 08: Guido Westerwelle (L), leader of the German Free Democrats (FDP) and German Christian Democrat (CDU) and Governor of the state of Hesse Roland Koch (R) walk together after the second round of coalition negotiations between the FDP... View Photo »
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State Premier of Hesse Roland Koch (R) and Opel chairman of the board Carl-Peter Forster sit in a car of the German car manufacturer, in Ruesselsheim September 21, 2009.
View Photo »State Premier of Hesse Roland Koch (L) and Opel chairman of the board Carl-Peter Forster talk in front of a logo of the German car manufacturer, in Ruesselsheim September 21, 2009.
View Photo »FRANKFURT AM MAIN, GERMANY - SEPTEMBER 17: German Chancellor Angela Merkel (R) sits inside a Opel Astra car as she looks towards Roland Koch, governor of the German state of Hesse, (L) at the Opel trade-show booth during the international motor show IAA on September 17, 2009 in Frank...
View Photo »FRANKFURT AM MAIN, GERMANY - SEPTEMBER 17: (L-R) Roland Koch, governor of the German state of Hesse, German Chancellor Angela Merkel, GM Europe President Carl-Peter Forster, Hans Demant, chief of Adam Opel GmbH, and Matthias Wissmann, president of the VDA federation of the German auto...
View Photo »FRANKFURT AM MAIN, GERMANY - SEPTEMBER 17: (L-R) Roland Koch, governor of the German state of Hesse, German Chancellor Angela Merkel, GM Europe President Carl-Peter Forster, Hans Demant, chief of Adam Opel GmbH, and Matthias Wissmann, president of the VDA federation of the German aut...
View Photo »German Chancellor Angela Merkel smiles as she sits in the new "Astra" of German car manufacturer Opel as Hesse's state prime minister Roland Koch (L), Opel chairman of the board Carl-Peter Forster (2ndR) and Opel CEO Hans Demand (R) look on during her visit at the international car sho...
View Photo »The Dalai Lama is welcomed by Hesse's State Prime Minister Roland Koch (R) at the start of his visit to Germany, at a hotel in Frankfurt, July 29, 2009.
View Photo »The Dalai Lama is welcomed by Hesse's State Prime Minister Roland Koch (R) at the start of his visit to Germany, at a hotel in Frankfurt, July 29, 2009.
View Photo »German Chancellor Angela Merkel (C) waves to the audience after her speech as Hesse state premier Roland Koch (L) and conservative Christian Democratic Union (CDU) Secretary general Ronald Pofalla applaud during a CDU regional party leader convention in Berlin June 13, 2009.
View Photo »State Premier of Hesse Roland Koch (R) and Opel Chief Executive Hans Demant arrive for a news conference after talks in the headquarters of German car manufacturer Opel in Ruesselsheim June 9, 2009.
View Photo »State Premier of Hesse Roland Koch (L) and Opel Chief Executive Hans Demant attend a news conference after talks in the headquarters of German car manufacturer Opel in Ruesselsheim June 9, 2009.
View Photo »RUESSELSHEIM, GERMANY - JUNE 09: Klaus Franz, head of the Opel work council holds a pen before a news conference due to the visit of Roland Koch, governor of the German state of Hesse at the headquarters of German carmaker Adam Opel GmbH on June 9, 2009 in Ruesselsheim, Germany.
View Photo »RUESSELSHEIM, GERMANY - JUNE 09: Workers move an Opel Insignia car before a news conference due to the visit of Roland Koch, governor of the German state of Hesse at the headquarters of German carmaker Adam Opel GmbH on June 9, 2009 in Ruesselsheim, Germany.
View Photo »German Finance Minister Peer Steinbrueck, right, and Hesse State Premier Roland Koch, left, report in front of the German Chancellery in Berlin on Friday night, May 29, 2009, on the rescue of the German car manufacturer Opel.
View Photo »Hesse State Premier Roland Koch (C), addresses a press conference as German Finance Minister Peer Steinbrueck (L) and German Economy Minister Karl-Theodor zu Guttenberg (R) look on outside the chancellery in Berlin on early May 30, 2009 after a meeting about the future of car maker Opel.
View Photo »German Economy Minister Karl-Theodor zu Guttenberg (C), adresses a press conference as German Finance Minister Peer Steinbrueck (R behind) and Hesse State Premier Roland Koch (L) look on outside the chancellery in Berlin on early May 30, 2009 after a meeting about the future of car make...
View Photo »German Economics Minister Karl Theodor zu Guttenberg, center, Finance Minister Peer Steinbrueck, right, and Hesse State Premier Roland Koch, left, speak to the media in front of the German Chancellery in Berlin on Friday night, May 29, 2009, on the rescue of the German car manufacturer...
View Photo »German Economics Minister Karl Theodor zu Guttenberg, right, Finance Minister Peer Steinbrueck, center, and Hesse State Premier Roland Koch, left, speak to the media in front of the German Chancellery in Berlin on Friday night, May 29, 2009, on the rescue of the German car manufacturer...
View Photo »German State Premier of Hesse Roland Koch (L), Finance Minister Peer Steinbrueck (3rd R) and Economy Minister Karl-Theodor zu Guttenberg (R) address the media after talks in Berlin May 30, 2009.
View Photo »German Finance Minister Peer Steinbrueck (C), Hesse State Premier Roland Koch (L) German Economy Minister Karl-Theodor zu Guttenberg (R) address a press conference outside the chancellery in Berlin on early May 30, 2009 after a meeting about the future of car maker Opel.
View Photo »State Premier of Hesse Roland Koch (L), German Economy Minister Karl-Theodor zu Guttenberg (2nd R) and German Finance Minister Peer Steinbrueck (R) address the media after talks in Berlin May 30, 2009.
View Photo »German Economics Minister Karl Theodor zu Guttenberg, right, Finance Minister Peer Steinbrueck, center, and Hesse State Premier Roland Koch, left, speak to the media in front of the German Chancellery in Berlin on Friday night, May 29, 2009, on the rescue of the German car manufacturer...
View Photo »German Finance Minister Peer Steinbrueck (C), adresses a press conference as German Economy Minister Karl-Theodor zu Guttenberg (R) and Hessen Premier Roland Koch (L) look on outside the chancellery in Berlin on early May 30, 2009 after a meeting about the future of car maker Opel.
View Photo »German Finance Minister Peer Steinbrueck (C), adresses a press conference as German Economy Minister Karl-Theodor zu Guttenberg (R) and Hesse State Premier Roland Koch (L) look on outside the chancellery in Berlin on early May 30, 2009 after a meeting about the future of car maker Opel.
View Photo »German Finance Minister Peer Steinbrueck (C), adresses a press conference as German Economy Minister Karl-Theodor zu Guttenberg (R) and Hessen Premier Roland Koch (L) look on outside the chancellery in Berlin on early May 30, 2009 after a meeting about the future of car maker Opel.
View Photo »State Premier of Hesse Roland Koch (L) and Opel chairman of the board Carl-Peter Forster talk in front of a logo of the German car manufacturer, in Ruesselsheim September 21, 2009.
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