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German Chancellor Angela Merkel Named Person of the Year by Aviation Week
ibtimes.com ^ | Jan. 14, 2013 | PRNewswire

Posted on 01/14/2013 4:24:08 PM PST by Berlin_Freeper

Aviation Week has selected Angela Merkel, Chancellor of Germany, as its 2012 Person of the Year in a cover story published today in Aviation Week & Space Technology. As Europe's most powerful leader and having the most impact on aerospace in 2012, she had blocked the $45 billion merger between European Aeronautics Defence & Space Company (EADS) and Britain's BAE Systems (BAE), successfully devastating the deal. A key influence in the aerospace industry, Merkel has revolutionized the very arc of Europe's largest aerospace and defense company and disallowed change of the industrial landscape.

"Angela Merkel possesses a distinct skepticism about majestic visions of European integration, and as a result killed the EADS-BAE tie-up for purely political reasons," said Aviation Week & Space Technology Editor-in-Chief Joseph C. Anselmo.

The merger's downfall is rooted to the instability of Europe, incongruity, and doubt. Berlin's budding umbrage of its loss of influence within EADS, caution about France, and uncertainty about the motives of the firm's German CEO Tom Enders are all sad realities of external forces. But despite all these components, Germany is strengthened by its rising stature in Europe, developing jobs and advancements in technology.

(Excerpt) Read more at ibtimes.com ...


TOPICS: Business/Economy; Germany
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1 posted on 01/14/2013 4:24:14 PM PST by Berlin_Freeper
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To: Berlin_Freeper

Germany—will step into her place in the sun—She will dominate Europe and the world. Look to see her getting involved with Argentina and South Africa in the future.


2 posted on 01/14/2013 5:11:40 PM PST by Forward the Light Brigade (Into the Jaws of H*ll)
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