Word: indebt
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Dates: during 1960-1969
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When France's desperately indebt Citroën and Italy's thriving Fiat, which stands next only to the U.S.'s Big Three among world automakers, announced merger plans last month, they got short shrift from Charles de Gaulle. In exercising an effective veto, the De Gaulle government charged that the deal would threaten "the independence of a very important French company...