Merkel cancels Airbus payments putting British jobs at risk over Blair’s bad deal
ANGELA Merkel is putting the jobs of British workers at risk after stopping payments to a key defence contract ahead of a NATO heads of state meeting this month.
PUBLISHED: 13:54, Wed, May 10, 2017 | UPDATED: 17:13, Wed, May 10, 2017
The German chancellor Angela Merkel has halted payments with the defence manufacturer Airbus following a deal which was agreed in 2003.
The A400M, Europe’s largest defence project, was ordered to give Europe an independent military transport capability under a deal struck by the Blair administration.
“This was a huge error.
“It has left what could be a world leading industry for the UK at the mercy of German political intervention.
“Rather than being a boon for the UK Defence sector, the political game playing in Brussels and beyond is now affecting the industry.”
When Airbus was incorporated as a joint-stock company in 2001, defence contractor BAE Systems transferred its UK facilities in return for a 20 per cent share of the new company.
These facilities became the now operational Airbus UK.
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