UPDATE 2-Peugeot bailout gets EU green light

Newswire

* Peugeot must keep debt in check - EU * Carmaker due to publish H1 results on Wednesday By Laurence Frost and Foo Yun Chee PARIS/BRUSSELS, July 30 (Reuters) - PSA Peugeot Citroen won EU approval for a 7 billion euro ($9.28 billion) state-backed debt rescue, keeping the French automaker afloat as it struggles to rein in losses. The European Commission said it had approved the financing aid, granted last year, on condition that ...

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