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EIB Statement: Directors approve EUR 3 bn in loans to Europe’s auto industry

( March 12, 2009, 15:30 GMT | Official Statement) -- ****************************************MLex-e3 Summary: The European Investment Bank's Board of Directors have approved a 3 billion euro loan to the European automobile industry with the aim to improve fuel efficiency and reduce fuel emissions. A further 2.8 billion euros is expected to be approved by May this year....

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