Spain Wants EU Intervention in Opel Deal

Just like several other European countries, Spain is asking for European Union intervention as the Magna - Opel deal might favor Germany who agreed to provide financial support for the Canadian - Austrian partsmaker. Spanish industry minister Miguel Sebastian sent a letter to the European Commission asking for a closer look at the agreement, The Financial Times reported today.

Furthermore, he emphasized that Opel's plant in Zaragoza, which is one of the plants to be affected by a massive job cut, is more efficient than other facilities, such as those in Germany, which will only meet minor layoffs.

Spanish workers protested last week in Zaragoza against Magna's potential job cuts, with union leaders emphasizing that they won't accept any job cut at the Spanish facility.

"We will fight tooth and nail to defend every job at the plant," the president of the Aragon region said.

According to some leaked Magna documents, the Canadian - Austrian partsmaker wants to cut around 10,900 jobs across Europe. Germany would be the most affected, if we trust the leaked papers, with 4,116 fired employees. Belgium takes the second place with 2,517 fired employees, followed by Spain with 2,090 and the UK with 1,373.

"We all see the need for restructuring and capacity adjustments, but every job has a face that goes along with it and we want to do this in a socially acceptable way -- no plant closures and no forced layoffs," Opel union boss Klaus Franz said last week after protests against Magna's cost cutting plans took place across Europe. "Opel's labor appeals to each European country not to encumber the talks with nationalistic interests."
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About the author: Bogdan Popa
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Bogdan keeps an eye on how technology is taking over the car world. His long-term goals are buying an 18-wheeler because he needs more space for his kid’s toys, and convincing Google and Apple that Android Auto and CarPlay deserve at least as much attention as their phones.
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