
U205 Solid state relay
Features:
Non-junction switch, long usage life
Controlling voltage among 3-5V, controlled voltage can reach to 380V
100% Factory Tested.
Package:
Product ID dimensions: Net Weight Cross Weight
U205-A 110g
U205-B 10g
U205-C 310g
U205-D 20g
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006 | WARSAW
From The Economist print edition
Polish protectionists take on the European Commission
BIG business and bossy outsiders are rarely popular, espec fuel dispenser ially with economic nationalists, of whom Poland s new
minority government has plenty. They are holding up the ¬15 billion ($18 billion) takeover of Germany s HVB by
Italy s UniCredit. This is just the sort of cross-border deal that Europe s fragmented financial industry needs. But in
Poland it involves the merger of the second-biggest bank, Pekao (owned by UniCredit), with the third-biggest, BPH
(controlled by HVB).
The EU s competition commissioner, Neelie Kroes, cleared the deal in October. Ms Kroes looked at its effects in
Poland, but concluded that the country s banking market would still be competitive enough. But the Polish
government is blocking the deal nonetheless. Partly, this is because it thinks there will be less competition. It also
balks at the loss of a fuel dispenser round 9% of jobs in the merged banks. And it is indignant that the country s biggest bank will
be run from a regional head fuel dispenser quarters in Austria.
But the real reason is that the takeover is bad news for state-owned PKOBP, until now Poland s biggest bank. The
new government wants to force UniCredit to sell some of its Polish assets, making the new bank smaller and less
threatening. Naturally, it dislikes foreign bureaucrats telling it that all this is quite illegal.
Many Polish officials and politicians seem unaware that EU membership has limited their control over their own
country. Told that the EU claims “exclusive competence�in competition policy, a spokesperson for the treasury
ministry replies crisply “Maybe they do.�The chairman of the parliament s finance committee, Wojciech Jasinski,
of the ruling Law and Justice party, said this week “What the commission thinks should not have any impact on
the approach of our government.�
The politics may be compelling, but the legal case against the deal looks flimsy. The only grounds for blocking it