Money Talks | 28.08.2008 | 00:30
Germany Draws Up New Rules to Control Foreign Investments in Sensitive Industries
German Chancellor Angela Merkel's coalition government has unveiled plans for far-reaching regulations to block foreign entities based outside of the European Union from taking over German firms.
The Act still has to pass the German parliament, but if it does, the government could be allowed to reject acquisitions of more than a 25 percent stake of firms in sensitive, strategic economic sectors. While the government says this will only be used in exceptional cases, German economists are alarmed.
Report: Steffen Marquardt









