Merkel says guarantees would be priority with Opel

Newswire

BERLIN, Feb 26 (Reuters) - German Chancellor Angela Merkel said on Thursday that if German firms Opel and Schaeffler required state help, the priority would be to give them financing guarantees rather than more direct aid. "Guarantees are mainly what we are focused on," Merkel told a news conference. "Germany has an interest in strengthening companies which have a strong foundation." She added that she had not yet seen the required restructuring plans to decide on any state help for the ...

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