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Germany is examining Opel's request for government credit guarantees, Finance Minister Peer Steinbrueck said. Like others in the industry, the German carmaker has been forced to temporarily close factories to cut costs.
Germany's Social Democrats had almost managed to leave their summer crisis behind them. But then, the party self-destructed in Hesse. It is not a good omen at the beginning of a year full of elections.
Germany's Social Democratic Party suffered another blow Monday after its leader in Hesse, Andrea Ypsilanti, found that she did not have enough support from within her own ranks to get elected as premier.
