Spain has become the latest European nation to stump up billions in public cash to bail-out car firms bludgeoned by the economic crisis.
On Friday (13 February), Madrid approved a €4 billion package to boost the auto sector in the country, which, unlike France (which recently announced a €6 billion package for domestic firms Renault and PSA Peugeot-Citroen), is largely foreign owned.
The aid, similar to other plans, is contingent on companies not laying off workers without first ...
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