France to lend 6 bln euros to carmakers-paper

Newswire

PARIS, Feb 8 (Reuters) - French President Nicolas Sarkozy will announce on Monday that the government will lend around 6 billion euros ($7.7 billion) to two carmakers to help them cope with the financial crisis, according to French newspapers. The credit would be extended on the basis of preferential rates to Renault and PSA ...

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