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Europe Daily Bulletin No. 10061

22 January 2010
Contents Publication in full By article 22 / 33
GENERAL NEWS / (eu) eu/eib
Loan to automotive sector in Romania

Brussels, 21/01/2010 (Agence Europe) - On Thursday 21 January, the European Investment Bank (EIB) announced its decision to lend €400 million to Ford Romania S.A. for the expansion and refurbishment of the company's existing car assembly plant located in Craiova in the south-west of Romania. The Republic of Romania is providing a state guarantee for 80% of the loan under the European Commission's temporary framework for state aid measures, which gives member states additional scope to...

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