Word: europeanization
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Dates: during 1970-1979
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When will the Mediterranean madness end? On Sunday night, Sept. 3. So far, all attempts to alter the ironclad European attitude toward July and August vacations have failed. Meanwhile a recent poll commissioned by the Paris daily Le Figaro has shown that workers would rather have more vacation than the equivalent extra pay-something that has ominous implications for the Med in the future and also for anyone trying to get a hotel room on its shores...
Last week Chrysler announced that it would sell its automotive subsidiaries in Britain, France and Spain to France's Peugeot-Citroën for $430 million in cash and Peugeot stock. If the deal is approved by the European governments involved-indeed, Britain may torpedo it -Peugeot would become the biggest auto manufacturer in Europe and fourth largest in the world, with sales right behind those of Chrysler itself. Chrysler would get out of the European market completely, except for its 15% share in Peugeot, thus shedding 70% of its foreign production and about a fourth of its worldwide...
...other industry are there such large international combines?or so much high-level politicking. When he visited Jimmy Carter last June, British Prime Minister James Callaghan discussed an Anglo-American aviation linkup. British Aerospace, a nationalized collection of airframe and weapon makers, is being courted by the European Airbus consortium and Boeing. As a start, Boeing wants British Aerospace to make the wings for its planned narrow-bodied, 150-passenger...
...British connection would probably make Boeing's new-generation aircraft easier to sell in the Common Market. European governments sometimes have forced their airlines to buy their own country's planes even though they were inferior to U.S. craft. France and Britain have been the worst offenders, saddling Air France and British Airways with money losers from the Caravelle to the Concorde. The European carriers now claim that they are free to pick the best jet. The problem is that the Boeing 767 and Airbus 310 are so close in price and performance that the Europeans?and the dozens...
Rainer Werner Fassbinder, on the goals of young European directors like himself: "We want to find a form that doesn't empty audiences' heads and make them stupid...