Lower Saxony Should Sell VW Stake: Free Democrats

www.oann.com | 8/9/2017 | Staff
superdudea (Posted by) Level 3
BERLIN (Reuters) – Germany’s liberal Free Democrats (FDP) on Wednesday urged the state of Lower Saxony to sell its stake in Volkswagen , citing the risk of conflicts of interest weakening the region’s oversight of the scandal-hit carmaker.

Lower Saxony, which owns a fifth of Volkswagen’s voting rights, holds an election on Oct. 15 in which Chancellor Angela Merkel’s conservatives are forecast to win and to most likely form a coalition government with the FDP.

State - VW - FDP - Leader - Christian

“The state should completely privatize VW,” FDP leader Christian Lindner told the Handelsblatt newspaper in remarks published on Wednesday. “This is our liberal conviction.”

Merkel’s Christian Democrats (CDU) have criticized their Social Democrat...
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