Don't miss

Replay


LATEST SHOWS

THE INTERVIEW

Ex-minister Tzipi Livni calls for freeze on Israeli settlements

Read more

BUSINESS DAILY

Net neutrality fight in US moves to courts, Congress

Read more

IN THE PAPERS

US decides to 'let corporate greed run the internet'

Read more

IN THE PAPERS

Marine Le Pen's former right-hand man plans his political rebirth

Read more

THE DEBATE

May overruled: Brexit momentum thwarted by Tory rebellion

Read more

EYE ON AFRICA

Somalia's Shabaab kill 18 policemen in academy bombing

Read more

MEDIAWATCH

Tabloid rage over MPs' Brexit vote

Read more

EYE ON AFRICA

Saudi Arabia and UAE pledge €110.5 million for G5 Sahel joint force

Read more

BUSINESS DAILY

FCC votes against net neutrality

Read more

Business

EU watchdog to question Paris over Renault pressure

Text by News Wires

Latest update : 2010-01-14

The EU's competition commissioner, Neelie Kroes, warned that her office will seek explanations about the pressure from French authorities on Renault to prevent the carmaker from moving production of its Clio models to Turkey.

AFP - The EU competition watchdog said Thursday it would seek explanations from France about its pressure to prevent carmaker Renault from moving production of its Clio models to Turkey.

EU Competition Commissioner Neelie Kroes said she had instructed her office to contact the French authorities to seek explanations after they sought to pressure Renault not to shut down factories in France.

"I have consistently taken a tough line against knee-jerk protectionism. Economic nationalism risks setting off a spiral of retaliation that would make the crisis ten times worse and destroy any chance of recovery," said Kroes.

Date created : 2010-01-14

  • AUTO INDUSTRY

    Renault to close Clio productions sites in Spain and Slovenia

    Read more

  • AUTO INDUSTRY

    Paris pressures Renault to produce new Clio in France, not Turkey

    Read more

COMMENT(S)