Financial24 (Free subscription) | 21/11/2008
(BERLIN) - European Union nations should be prepared to run budget deficits to get the bloc through the current slowdown, EU Industry Commissioner Guenter Verheugen said on Friday."In the good times
The Earth Times Online Newspaper (Free subscription) | 29/10/2008
... face to develop climate-friendly cars should also be financed," EU Industry Commissioner Guenter Verheugen said after talks in Brussels with European automotive industry representatives. "It is not a question of hand-outs, it's a question of the European Investment Bank making available a low-interest credit programme," he said. Verheugen rejected a direct comparison with a 25-billion-dollar...
People Daily (Free subscription) | 02/12/2008
The members of the EU Competitiveness Council are meeting here on Monday to discuss a European economic recovery plan and seek a Europe-wide response to the ongoing global financial crisis. During the two-day meeting, the European Commission, represented by Vice President Guenter Verheugen and Internal Market and Services Commissioner Charlie McCreevy, will present its "European Recovery Plan...
Just Auto (Free subscription) | 24/11/2008
EU industry commissioner, Günter Verheugen, has said that it would be up to the German government alone to decide whether to give guarantees to Opel in the event of its parent company's bankruptcy.
Deutsche Welle: DW-WORLD.DE (Free subscription) | 23/11/2008
European automakers shouldn't count on special treatment from the EU, Industry Commissioner Verheugen said. But one German state has demanded climate protection rules be watered down to protect carmakers -- and jobs.
People Daily (Free subscription) | 20/11/2008
Ailing German carmaker Opel represents a special case and exceptional support measures to save it are justified, European Union (EU) Industry Commissioner Guenter Verheugen said Wednesday. "I think these are exceptional circumstances, which do not apply to other European constructors and which justify consideration of exceptional measures," the commissioner from Germany told European Parliament...
Financial24 (Free subscription) | 19/11/2008
(STRASBOURG) - The exceptional circumstances which Germanautomaker Opel finds itself in justify "exceptional measures", the EU'sIndustry Commissioner Guenter Verheugen said on Wednesday.Opel's proble
Just Auto (Free subscription) | 20/11/2008
Opel is a 'special case' and exceptional support measures to save it are justified, European Union (EU) Industry Commissioner Guenter Verheugen has said.
The Irish Times (Free subscription) | 19/11/2008
THE EUROPEAN Union is studying the option of offering support to its carmakers, but the Commission was divided yesterday over the extent of any aid as other sectors also face a downturn. EU Industry Commissioner Guenter Verheugen signalled support for a German offer to help Opel, but others in Brussels insisted there could be no special treatment for the car industry.
The Truth About Cars (Free subscription) | 25/11/2008
... watching.European bailout? Forgetaboutit: As predicted by TTAC, Europe’s industry commissar Günter Verheugen gave a clear “nein” to any pan-European bailout. “Europe has retired subsidies as an instrument of fiscal policy long ago,” Verheugen said. There will be not a word about help specific to the auto industry in Europe’s stimulus package, due out this week, (sub) writes, citing...
The Earth Times Online Newspaper (Free subscription) | 19/11/2008
Strasbourg - As the discussion about state aid for ailing German carmaker Opel continues, EU Industry Commissioner Guenter Verheugen on Wednesday described the firm as a special case in Europe. Extraordinary circumstances require extraordinary mea...
Deutsche Welle: DW-WORLD.DE (Free subscription) | 23/11/2008
The EU Commissioner for Industry, Günter Verheugen, has categorically rejected financial support for the bloc's ailing auto industry. Speaking on German radio, Verheugen said the European Union had, in the past, expressly scrapped subsidies as an instrument of industrial policy. He did say, however, that an expansion of credit lines offered to carmakers by the European Investment Bank...
Reuters UK (Free subscription) | 24/11/2008
... is expected to face flak with socialists within his Commission such as industry chief Guenter Verheugen arguing for more, while others such as Monetary Commissioner Joaquim Almunia are seen arguing the package goes too far, the source said."In the end it will be up to the member states to decide. They called for an ambitious plan and Barroso is merely doing what was asked of him," another...
Deutsche Welle: DW-WORLD.DE (Free subscription) | 19/11/2008
... subsidies, and besides the industry is not asking for subsidies," EU Industry Commissioner Guenter Verheugen said a week ahead of the presentation of an economic re-launch plan in Brussels, which will include measures to help the auto industry.Verheugen called for the European Investment Bank (EIB) to increase its credit line "for makers of more eco-friendly cars" in a bid to encourage...
The Irish Times (Free subscription) | 12/11/2008
: EUROPEAN UNION Industry Commissioner Guenter Verheugen said car firms will get "not a cent" beyond existing help for research and development projects, dashing carmakers' hopes of loans to counter the credit crisis.
