German Gref, CEO of Russian Sberbank and Siegfried Wolf (L) co-CEO of auto part producer Magna Inc. follow the presentation of Opel chairman Carl-Peter Forster at a Opel press conference during the media day at the international car show "IAA" in Frankfurt, September 15, 2009. Germany's plan to provide 4.5 billion euros ($6.5 billion) in state aid to Opel threatened on Monday to spark a political storm across Europe over where the carmaker was likely to cut plants and jobs. The world's biggest auto show will run until September 27. Reuters Pictures 2 months ago

German Gref, CEO of Russian Sberbank and Siegfried Wolf (L) co-CEO of auto part producer Magna Inc. follow the presentation of Opel chairman Carl-Peter Forster at a Opel press conference during the media day at the international car show "IAA" in Frankfurt, September 15, 2009. Germany's plan to provide 4.5 billion euros ($6.5 billion) in state aid to Opel threatened on Monday to spark a political storm across Europe over where the carmaker was likely to cut plants and jobs. The world's biggest auto show will run until September 27.

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  1. People walk under a currency exchange advertisement banner of Sberbank, Russia�s giant state-owned savings bank, in Moscow November 18, 2009. Sberbank has recently announced huge job cuts that will affect 10 percent of its 267,000 employees by year-end.
  2. BERLIN - SEPTEMBER 10: John Smith, lead negotiator for U.S. carmaker General Motors, speaks at a press conference to announce GM's final decision over the future of German carmaker Adam Opel on September 10, 2009 in Berlin, Germany. Smith announced GM will sell a 55 percent stake in Opel and Vauxhall to a consortium that includes Austro-Canadian car parts supplier Magna International and Russian bank Sberbank. GM will also keep a 35 percent stake for itself and 10 percent will go to Opel workers.

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  1. Russian Prime Minister Vladimir Putin, right, and Sberbank President German Gref, left, attend an international investment forum in the Black Sea resort of Sochi, which is hosting the 2014 Winter Olympics, Russia, Friday, Sept. 18, 2009. Putin on Friday called for currencies besides the dollar to be used as reserves amid "uncontrolled" U.S. debt.
  2. German Gref, CEO of Russian Sberbank and Siegfried Wolf (L) co-CEO of auto part producer Magna Inc. follow the presentation of Opel chairman Carl-Peter Forster at a Opel press conference during the media day at the international car show "IAA" in Frankfurt, September 15, 2009. Germany's plan to provide 4.5 billion euros ($6.5 billion) in state aid to Opel threatened on Monday to spark a political storm across Europe over where the carmaker was likely to cut plants and jobs. The world's biggest auto show will run until September 27.
  3. German Gref, CEO of Russian Sberbank and Siegfried Wolf (R), co-CEO of auto part producer Magna Inc. follow the presentation of Opel chairman Carl-Peter Forster (C) at a Opel press conference during the media day at the international car show "IAA" in Frankfurt, September 15, 2009. Germany's plan to provide 4.5 billion euros ($6.5 billion) in state aid to Opel threatened on Monday to spark a political storm across Europe over where the carmaker was likely to cut plants and jobs. The world's biggest auto show will run until September 27.
  4. Chief of Russia's Sberbank German Gref, right, and co-CEO of Austria's Magna company Siegfried Wolf, left, are seen during a press conference in Frankfurt, central Germany, Monday, Sept. 14, 2009. As many as 10,500 Opel jobs in Europe could be cut, including nearly half of them in Germany, the co-chief executive of Magna International Inc. said Monday, a move likely to draw strident criticism in countries where the automaker has operations.
  5. Chief of Russia's Sberbank Herman Gref, right, and co-CEO of Austria's Magna company Siegfried Wolf, left, are seen during a press conference in Frankfurt, central Germany, Monday, Sept. 14, 2009. As many as 10,500 Opel jobs in Europe could be cut, including nearly half of them in Germany, the co-chief executive of Magna International Inc. said Monday, a move likely to draw strident criticism in countries where the automaker has operations.
  6. Chief of Russian Sberbank, German Gref, left, and Co-Ceo of Austrian Magna company Siegfried Wolf approach a press conference in Frankfurt, central Germany, Monday, Sept. 14, 2009. A top executive at Magna International Inc. is saying that as many as 10,500 jobs at automaker Opel in Europe could be cut, with nearly half of those coming from Germany.
  7. Chief of Russian Sberbank German Gref, left, and Co-Ceo of Austrian Magna company Siegfried Wolf approach a press conference in Frankfurt, central Germany, Monday, Sept. 14, 2009. A top executive at Magna International Inc. is saying that as many as 10,500 jobs at automaker Opel in Europe could be cut, with nearly half of those coming from Germany.
  8. Chief of Russian Sberbank, German Gref, left, and Co-Ceo of Austrian Magna company Siegfried Wolf meet in a hotel prior to a press conference in Frankfurt, central Germany, Monday, Sept. 14, 2009. A top executive at Magna International Inc. is saying that as many as 10,500 jobs at automaker Opel in Europe could be cut, with nearly half of those coming from Germany.
  9. Russian Prime Minister Vladimir Putin, right, and Sberbank President German Gref, left, attend an international investment forum in the Black Sea resort of Sochi, which is hosting the 2014 Winter Olympics, Russia, Friday, Sept. 18, 2009. Putin on Friday called for currencies besides the dollar to be used as reserves amid "uncontrolled" U.S. debt.
  10. German Gref, CEO of Russian Sberbank and Siegfried Wolf (L) co-CEO of auto part producer Magna Inc. follow the presentation of Opel chairman Carl-Peter Forster at a Opel press conference during the media day at the international car show "IAA" in Frankfurt, September 15, 2009. Germany's plan to provide 4.5 billion euros ($6.5 billion) in state aid to Opel threatened on Monday to spark a political storm across Europe over where the carmaker was likely to cut plants and jobs. The world's biggest auto show will run until September 27.
  11. German Gref, CEO of Russian Sberbank and Siegfried Wolf (R), co-CEO of auto part producer Magna Inc. follow the presentation of Opel chairman Carl-Peter Forster (C) at a Opel press conference during the media day at the international car show "IAA" in Frankfurt, September 15, 2009. Germany's plan to provide 4.5 billion euros ($6.5 billion) in state aid to Opel threatened on Monday to spark a political storm across Europe over where the carmaker was likely to cut plants and jobs. The world's biggest auto show will run until September 27.

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