Germany mulls state aid for stricken carmaker Opel

Newswire

By Madeline Chambers

BERLIN, Feb 28 (Reuters) - German Chancellor Angela Merkel said on Saturday a decision on state aid for Opel, a struggling unit of U.S. carmaker General Motors , depended on the firm's long-term outlook and on the readiness of banks to help.

A day after GM Europe unveiled a plan to spin off Opel to try to avert job cuts and plant closures, government officials ...

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