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Newswire

KfW should tell Porsche loan request failed-source

BERLIN, June 25 (Reuters) - A German Economy Ministry official said on Thursday state bank KfW should inform Porsche that its request for a state loan had been rejected, but that the carmaker was free to submit a fresh aid request.

"We have asked KfW to inform Porsche that we are not pursuing the application (for a loan)," the official said. (Reporting by Gernot Heller, writing by Paul Carrel)