EIB confirms 500 mln euro loan to Fiat for Serbian plant

Newswire

MILAN, Aug 31 (Reuters) - The European Investment Bank will continue disbursing a 500 million euro ($625 million) loan to Italian carmaker Fiat for a new plant in Serbia, even though the government there has slowed down investment pledged for the factory. "At the moment we are not aware of any impact on the loan," a spokesman for the EIB told Reuters on Friday. The subsidised loan, granted by the European Union's finance arm in May 2011, is part of a joint ...

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