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The European Parliament’s Budgets Committee has blocked a French application for €24.5 million in EU Globalisation Adjustment Fund (EGF) aid to help former Renault employees in France.
The French car manufacturer, Renault, has launched with great pomp the largest automotive manufacturing platform in Africa, with a nearly €1.2 billion investment in Tangier, northern Morocco.
The project, which should be operational in early 2012, has...