European Investment Bank Loans Underline Importance Of The Automobile Industry For Europe's Economy
added: 2009-03-13
The European automobile manufacturers welcome the EUR 3 billion in loans freed by the European Investment Bank (EIB) to finance automotive projects, most of them concerning "green" investments. As the Bank indicated, in total around EUR 7 billion will become available in the first half of this year and its budget allows maintaining similar levels of financing until 2012.
