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Playing Europe’s bad cop
European Union

Playing Europe’s bad cop

Ahead of an EU summit this week, Chancellor Angela Merkel has taken a hard line on financial aid for Greece. The Local’s Marc Young explains why the euro needs someone other than Germany to play Europe’s bad cop.
Opel workers protest against General Motors
Jobs

Opel workers protest against General Motors

Tens of thousands of angry German auto workers protested on Thursday against General Motors' decision to keep its Opel unit – a move called a slap in the face for Chancellor Angela Merkel by the country's media.
Clouds gather over delayed Opel deal
Jobs

Clouds gather over delayed Opel deal

General Motors' sale of its European brand Opel was thrown into doubt on Friday when an executive pushed back the signing date and a press report said GM wanted to hang on to the company.
Magna seen cutting 4,000 Opel jobs in Germany
Jobs

Magna seen cutting 4,000 Opel jobs in Germany

Canadian auto parts maker Magna will cut more than 4,000 jobs in Germany when it takes over the Opel business of struggling US auto giant General Motors, the <i>Frankfurter Allgemeine Zeitung</i> reported on Tuesday.
Opel job cuts may begin Monday
Jobs

Opel job cuts may begin Monday

Media reports over the weekend suggest that Magna, the new owner of car maker Opel, could begin mass layoffs as early as Monday, starting with over 1,800 jobs at Opel headquarters in Rüsselsheim near Frankfurt.