EU Seeks More Information From Germany On Opel Aid - Official
July 01 2009 - 7:12AM
Dow Jones News
The European Commission is seeking further information from
Germany on aid to General Motors Corp.'s (GM) European unit Adam
Opel GmbH, a spokesman said Wednesday.
The commission is "still verifying whether the Opel bridging
loan fits into the overall scheme" to sustain Germany's economy,
Jonathan Todd, competition spokesman said during a routine press
conference. "We are still lacking some information from the German
authorities," he said.
Germany's scheme to aid companies suffering as a result of the
financial crisis has been cleared by the commission.
-By Alessandro Torello and Peppi Kiviniemi, Dow Jones Newswires;
+32 2 741 14 88; alessandro.torello@dowjones.com