German President Horst Koehler surprised the airline industry yesterday when he said he refused to sign a law allowing the sale of a stake in the Deutsche Flugsicherung air traffic control provider (ATWOnline, Dec. 23, 2005). German media is reporting that the bill was approved by parliament in April and the government had hoped the sale would generate €1 billion. Koehler's office said the law was not consistent with the German constitution.
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