German Econ Min: US Must Show Greater Cooperation On Opel
May 28 2009 - 4:22AM
Dow Jones News
U.S. officials must show greater cooperation and seriousness in
the debate about the future of General Motors Corp.'s (GM) Adam
Opel GmbH unit, German Economics Minister Karl-Theodor zu
Guttenberg said Thursday.
"What happened overnight in part borders on the absurd," he told
reporters on his way to a budget committee meeting.
"I would hope for more seriousness and willingness to compromise
from the U.S. side," Guttenberg said.
Germany in the early hours of Thursday delayed a decision on
providing state-backed bridge financing to Opel because the U.S.
parent company has surprisingly come up with new cash demands.
-Von Beate Preuschoff, Dow Jones Newswires, +49 (0)30 - 2888
4122, beate.preuschoff@dowjones.com
(Nina Koeppen contributed to this report)