Spain to provide 800 mln euros for car industry

Newswire

MADRID, Nov 27 (Reuters) - Spain will provide its car industry with 800 million euros ($1 billion) in funding to protect jobs during a severe slowdown in the sector, Prime Minister Jose Luis Rodriguez Zapatero said on Thursday. The funding is part of an 11 billion euro economic stimulus package unveiled by Zapatero on Thursday to create 300,000 jobs in 2009. (Reporting by Jason Webb; Editing by Sonya Dowsett)

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