Word: amerongen
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Dates: during 1970-1979
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...With the Communist parties of Italy and France stridently confident about future elections, the flight of capital is bound to continue. Otto Wolff von Amerongen, who heads his own $1 billion steel firm and is chairman of the German chambers of commerce and industry, shudders at the thought of a leftist victory in a Common Market country. Says he: "We cannot digest within the Community a Communist-dominated government." That may be so, although other European commentators are less fearful about Communist participation in Cabinets. Meanwhile, the U.S. Commerce Department has set up a new office of foreign investment...