How long is the Opel lifeline?
A deal has been struck. After several months of negotiations, German car maker Opel will be sold by General Motors to the Canadian automotive supplier Magna and the Russian bank Sberbank. Notwithstanding Angela Merkel's announcement that she is "delighted," the German press remains sceptical about the rescue operation for the brand. Frankfurter Allgemeine Zeitung takes the view that only the German Chancellor will experience any genuine feelings of relief, now that "she will be able to get on with her election campaign without worrying about Opel." However, the company's 50,000 workers (25,000 in Germany and 25,000 elsewhere in Europe) are less than overjoyed – 10,000 jobs are under threat, and "the maker of small and medium sized cars will be hit hard by the ending of Germany's scrappage scheme." The daily further notes that the goodwill of foreign governments towards Berlin will likely suffer, because "the Magna solution will require more sacrifices from employees abroad – in the UK and Belgium, and possibly in Poland and Spain – than it will from Opel's German workers." In short, FAZ concludes that "there is no reason to feel relieved."
In a time of crisis with high unemployment, young Lithuanians are following in the footsteps of their emigrant ancestors. Tens of thousands have left the country in search of a better life, mainly in the British Isles and Scandinavia. The weekly Veidas reports:
The new Eurogroup meeting on February 9 is not enough to banish the spectre of a Greek bankruptcy. While Athens may largely be responsible for the crisis, the EU and its partners are not blameless themselves. La Stampa argues that their confused messages and the absence of any strategy have transformed a resolvable problem into an explosive chaos.
Two camps, two theories, and two visions of France: 18 years after the massacre of 800,000 Tutsis, the precise role played by Paris is still the subject of heated debate, fueled by the findings of successive criminal investigations.