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BERLIN — Germany on Wed nesday rejected General Motors’ request for aid from the federal government for its Opel unit, saying the U.S. automaker had enough funds to pull its subsidiary through.
The decision by Economy Minister Rainer Bruederle came just days after Germany announced a plan to cut public spending and reduce the deficit, and denied GM more than $1.2 billion in loan guarantees.
But Chancellor Angela Merkel insisted that “the last word on the future of Opel naturally has not been spoken.”
