European Banks Suspends Loans to VW Pending Outcome of Diesel Investigation

摘要

The European Investment Bank has suspended loans to Volkswagen AG while the German automaker remains under investigation for cheating on emissions testing, EIB President Werner Hoyer told reporters in Brussels on Jan. 14. The EIB is examining a 400 million-euro ($436 million) facility it awarded to VW in 2009 that was repaid in 2014, and which could be connected to the manipulations, Hoyer said at a press conference. No other EIB funds have ties to the scandal, he said, citing internal assessments by the bank.