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Germany: GM’s aid request for Opel rejected

Germany has rejected General Motors' request for loan guarantees of more than €1bn (US$1.19bn) to restructure Adam Opel. However, Chancellor Angela Merkel believes "the last word has not been spoken." A meeting between Merkel and the governors of the German states that have Opel plants is scheduled to take place later It’s time to log … Continued

Germany has rejected General Motors' request for loan guarantees of more than €1bn (US$1.19bn) to restructure Adam Opel.

However, Chancellor Angela Merkel believes "the last word has not been spoken." A meeting between Merkel and the governors of the German states that have Opel plants is scheduled to take place later

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