30th
November
2008
Five billion Euro bail-out for carmakers?
posted in Car News Articles |
The European Commission is to discuss a €5 billion bail-out for the automotive industry as part of a €200billion aid package to underpin the European economy.
The aid to the carmakers will come with specific conditions: it is earmarked for developing new eco-friendly technologies and for helping the companies adapt to the changing market demands, rather than a straightforward cash injection.
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on Sunday, November 30th, 2008 at 8:11 am and is filed under Car News Articles.
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