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Opel: German Chancellor Angela Merkel says she isn't yet ready to back a state bail-out

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Constanze TressMarch 7, 2009

German Chancellor Angela Merkel says she isn't yet ready to back a state bail-out for troubled carmaker Opel. Her comments come after an inconclusive meeting between Opel executives and senior government representative on a rescue package for the GM subsidiary that would cost the state 3.3 Billion euros.

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