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Tuesday, February 28, 2006

De Villepin prepares to wrap himself in the flag

From the Economist:

A wave of cross-border mergers is sweeping across Europe. But as globalisation and no-holds-barred capitalism gather strength on the continent, France and others are trying to stiffen the barriers to economic integration on “strategic” grounds. The latest example of this is the attempt by Dominique de Villepin, the French prime minister, to prevent an Italian bid for Suez by merging it with another French utility.

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Update: Jeff Goldstein at Protein Wisdom has more to add. (sense of humor required)

Posted by Trade Monkey :: 12:02 PM :: 0 comments Perma-Link

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