EC approves loans to stimulate innovation

December 2008
Automotive Engineer;Dec2008, Vol. 33 Issue 11, p4
Trade Publication
The article reports on the £200 billion economic rescue package plan released by the European Commission (EC). The package is specifically designed to help the country's automotive industry, EC announced. On the other hand, the European Investment Bank (EIB) is considering to increase its credit facility up to £15 billion between 2009 and 2010.


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