Merkel hails Opel deal but warns of rough ride
Germany breathed a collective sigh of relief on Saturday after a dramatic deal to save iconic car maker Opel from collapse, but Chancellor Angela Merkel warned of a bumpy ride ahead.
Day: May 30, 2009
Arcandor bailout debate intensifies
After managing the bailout and sale of Opel, German politicians are debating whether troubled retailer Arcandor, which owns the Karstadt department store chain, should get a loan from the government.
Dutschke family wants case reopened after Stasi discovery
The son of the late West German student leader Rudi Dutschke wants a new investigation into the 1968 assassination attempt on his father’s life after the discovery that a Stasi agent was responsible for the death of another student.
Freighter sinks in Hamburg port
A small freighter sank in the port of Hamburg early Saturday morning after colliding with another vessel, though no injuries were reported, police said Saturday.
Deutsche Bank spied on shareholders
Deutsche Bank spied on shareholders critical of the bank’s management, the spouse of one of the company’s directors and workers’ representatives, the daily Frankfurter Allgemeine Zeitung reported Saturday.
Berlin picks Magna to buy Opel
Germany has selected a bid by Canadian auto parts maker Magna to take over General Motors' Opel unit, an offer backed by Russia's Sberbank and Russian automaker GAZ, officials said Saturday.