Sunday August 9, 2020

EADS, BAE shows road to integrated EU runs through Berlin

In effectively scuttling the planned merger between EADS and BAE Systems, Germany demonstrated the road to European integration runs through Berlin, writes Gregory Viscusi.

11th October, 2012
2
A BAE Systems' Eurofighter Typhoon jet.

In effectively scuttling the planned merger between European Aeronautic, Defence & Space Co and BAE Systems, Germany demonstrated the road to European integration runs through Berlin.

As Chancellor Angela Merkel’s government has shown in almost three years of managing the euro-area financial crisis,the interests of German taxpayers trump strategic designs -even in defense, where German spending is about half of Britain’s as a share of its economy.

“It highlights a...

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