Brussels, 12/03/2009 (Agence Europe) - On Thursday 12 March, the European Investment Bank's Board of Directors today approved loans to European car and truck makers worth €3bn, most of which is it aimed at improving fuel efficiency and cutting CO2 emissions.
A further €2.8bn worth of EIB loans to the automotive industry are planned for submission to the Board in April and May. This would bring the EIB's total approved lending to the auto sector to €6.3bn since December, when the EIB...