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China Daily | Updated: 2009-10-20 10:09
'No strings attached'
Germany has assured GM and the Opel Trust that its 4.5 billion euros ($6.70 billion) offer in financial aid for Opel is not tied to the choice of an investor or a plan, a European Commission spokesman said.
The commission said last week that there were significant indications that the promised aid was subject to a pre-condition that Magna and Sberbank was selected to buy Opel, in breach of strict EU state aid and internal market rules.
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