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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: state-backed

Posted inAT Finance

Fiat Chrysler accepts $7bn loan conditions

by AT Contributor June 21, 2020June 21, 2020

Fiat Chrysler has agreed to the conditions laid down for a state-backed 6.3 billion euro ($7.1 billion) loan, including a promise not to relocate or cut jobs, Italy’s Sole 24 Ore daily said Sunday. The state auditor has approved the guarantee, but it still needs to be signed off on by the economy ministry, the […]

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