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EU ministers to discuss Opel plan December 4: Flemish premier

BRUSSELS
Mon Nov 23, 2009 10:33am EST

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BRUSSELS (Reuters) - General Motors GM.UL is expected to present a restructuring plan for its Opel and Vauxhall units to European Union ministers by the end of the week, the head of the Belgian region of Flanders said on Monday.

Kris Peeters, the premier of Flanders, said EU ministers would discuss the GM Europe plan at a meeting on December 4.

Nick Reilly, the interim chief executive of GM Europe, said earlier that Opel needed around 3.3 billion euros ($4.94 billion) of refinancing.


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