GM aid must follow strict economic criteria - EU

Newswire

BRUSSELS, May 29 (Reuters) - European Union ministers agreed on Friday that any aid for General Motors' European units must follow objective economic criteria and not be swayed by considerations on the location of the plants involved. "All participants agreed that any financial support by one or more member states must be based strictly on objective and economic criteria, and not include non-commercial conditions concerning the location of investments and/or the geographic distribution of ...

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