Berlin expected to refuse GM loan / Berlin rejects GM’s bid for Opel state aid

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Series Details 9.6.10
Publication Date 09/06/2010
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General Motors' efforts to restructure its ailing European subsidiary Opel received a huge blow on the 9 June 2010 when the German federal government announced a refusal to the US carmaker's request for loan guarantees.

Related Links
Deutsche Welle, 9.6.10: German government rejects GM request for aid for Opel http://www.dw-world.de/dw/article/0,,5667817,00.html
Deutsche Welle, 10.6.10: German states offer GM talks on support for Opel http://www.dw-world.de/dw/article/0,,5670387,00.html
Spiegel Online International, 10.6.10: 'The Idea of State Aid to Opel Is Absurd' http://www.spiegel.de/international/germany/0,1518,699910,00.html
ESO: Background information: GM awaits German verdict on guarantees http://www.europeansources.info/record/gm-awaits-german-verdict-on-guarantees/

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