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Image header Agence Europe
Europe Daily Bulletin No. 10670
ECONOMY - FINANCE - BUSINESS / (ae) italy

Six EIB loans for Intesa Sanpaolo to support Italian economy

Brussels, 03/08/2012 (Agence Europe) - The European Investment Bank (EIB) and the Intesa Sanpaolo Group signed six new agreements on 30 July to provide medium- and long-term finance totalling €670 million to Italian businesses. This initiative is intended to strengthen the support offered to Italy's productive sector, to mitigate the effects of the financial crisis and help with the incipient recovery process. Six sectors were identified for lending that will involve in particular a number...