Peugeot state loan to get EU green light -paper

Newswire

PARIS, July 24 (Reuters) - The European Commission will give the green light for a state loan guarantee for PSA Peugeot Citroen's financing arm in "a matter of days", its top competition official told Le Figaro daily. The French government has provided the loss-making French carmaker with a 7 billion euro ($9.3 billion) loan guarantee. "The Commission's agreement will include the amount of the authorised aid, which remains to be specified," EU ...

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