EIB approves further 866 mn euro in loans for cleaner cars

摘要

The European Investment Bank's Board of Directors approved, on 7 April, loans to European-based car makers worth a total of €866m to help design and build cleaner cars with lower CO, emissions. The sum adds to the €3.6 bn in loans approved since last December for European car and truck makers. Further loans planned for submission to the board in May and June would reach an even wider range of beneficiaries, including component suppliers, and bring total approved lending to the motor industry to more than €7 bn since last December, when the EIB launched a support package to aid Europe's economic recovery from the current crisis.