Saab Trying For Creditor Protection

Discussion in 'Current Affairs, News and Analysis' started by Sven, Feb 20, 2009.

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  1. Saab (owned by General Motors) are going to the Swedish government to seek protection from creditors. when general Motors made a similar bid the Swedish government refused but a government official hinted at loan guarentees for car buyers.

    Does this mean that Sweden is starting on the slippery slope on which the majority of European countries are travelling?