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Financial News

Sunday June 14, 05:28 AM

 

 

Opel bankruptcy would take place under US laws with unforeseeable consequences for German and European production sites

By Philipp Guelland

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Germany, having orchestrated a rescue for automaker Opel, is trying to keep the lid on a Pandora's box of state aid, even if it means turning away luxury sports carmaker Porsche and retailer Arcandor. Germany, having orchestrated a rescue for automaker Opel, is trying to keep the lid on a Pandora's box of state aid, even if it means turning away luxury sports carmaker Porsche and retailer Arcandor.


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