Monday, April 2, 2012

Germany Helps Automotive Industry

German Chancellor Angela Merkel said on Tuesday (13/1), the German government finally joined the global effort to help the automotive industry from the global financial crisis. For those efforts, the Germans poured funds of 1.5 billion euros, equivalent to 2 billion dollars for the domestic auto industry.

The aid is part of government which includes the 50 billion euro stimulus package on investment, tax cut, and support for companies.

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