Word: continentality
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Dates: during 1990-1999
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The takeover will vault Fujitsu past the U.S.'s Digital Equipment to become the world's second ranking computer maker. For the first time, a Japanese technology company will control a major position on the Continent, just in time for the integration of the European market in 1992. Though no...
The biggest marriage on the Continent took place in April with the joining of two longtime Dutch rivals, Algemene Bank Nederland (ABN) and Amsterdam- Rotterdam Bank (Amro). The pair forms Europe's sixth largest bank and the 19th biggest in the world, with combined assets of $184 billion and 55...
France's Credit Agricole, the world's 10th largest bank, has also declared its intention to expand Europe-wide but is taking its time. The bank last year bought a 13% share in Nuovo Banco Ambrosiano of Italy and is said to be scouting elsewhere. Other French banks are more...
Italy, which has some of Europe's most inefficient but potentially wealthy financial institutions, is likely to undergo the greatest change. For now, the Italians are thoroughly -- very thoroughly -- served by their bankers: the country has some 1,200 separate banking companies with 13,500 branches -- but it also has...
As he showed again just before leaving for the Soviet Union, Kohl has become increasingly adept at handling the spasms of angst about Germany. The immediate grievance was a statement by British Trade Minister Nicholas Ridley that the "uppity" Germans were plotting to take over Europe, and he would just...