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Thursday, May 28, 2009

European commission to hold talks on GM plants

The European Commission says it will host talks on Friday to co-ordinate government efforts to save General Motors Corp.'s European operations.

EU spokesman Ton Van Lierop said finance and industry ministers from EU countries have been invited to share information about potential plans to save jobs.

GM officials will not be present.

The U.S. carmaker has operations in Germany, Belgium, France, Britain, Italy, Austria, Poland, Sweden, Spain, and Hungary.

The EU is increasingly worried about the company's fate and job losses at its European brands Opel and Vauxhall.

All-night talks in Berlin on the future of Opel failed to make headway before ending on Thursday. Some 25,000 people work for Opel in Germany, nearly half of GM Europe's total work force.