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GM Generali

23.39
-0.09 (-0.38%)
16 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Generali AQEU:GM Aquis Europe Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.09 -0.38% 23.39 23.40 23.41 23.435 23.07 23.31 202,898 16:50:18

German Finance Min Skeptical About State Aid For Opel - Report

03/03/2009 3:49am

Dow Jones News


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Germany's Finance Minister Peer Steinbrueck expressed skepticism about state aid for Opel, the General Motors Corp. (GM) unit, according to Die Welt, quoting comments he made on a German television show late Monday.

Steinbrueck indicated that Opel still lacks a feasible rescue plan and he worried that any German state aid would wind up in the U.S. Further, he said it was uncertain how Opel would free itself from dependence on aid.

However, he declined to rule out the possibility of state aid yet, saying Opel needs to present a restructuring plan.

Newspaper Web site: http://www.welt.de

-Dow Jones Newswires; dennis.baker@dowjones.com

 
 

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