Merkel says 20 pct blocking minority at VW can stay

Newswire

WOLSFSBUFG, Germany, Sept 23 (Reuters) - German Chancellor Angela Merkel said on Tuesday she believed plans to preserve the state of Lower Saxony's blocking minority of 20 percent in Europe's biggest carmaker Volkswagen could stay. The European Union's highest court last year struck down a law which protected the state's blocking minority, saying it prevented the free flow of capital. Germany has since drawn up draft legislation which, however, keeps Lower Saxony's blocking minority even ...

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