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Germany still confident of deal to save ailing Opel

May 28, 2009

Germany can still clinch a deal to save General Motors' Opel unit despite a bitter breakdown in talks between Berlin and Washington, Foreign Minister Frank-Walter Steinmeier said on Thursday. The marathon talks, aimed at finding a suitable buyer for Opel and a financing structure for temporary loans from the German government, collapsed when the US side suddenly upped their demand for loans by 300 million euros (416 million dollars). Images and soundbites from Steinmeier.