Italy audit court OKs state guarantees for $7.1 billion bank loan for Fiat Chrysler: source

  • 📰 Reuters
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

Italy approves guarantees for $7.1 billion loan to Fiat Chrysler: source

FILE PHOTO: Fiat Chrysler Automobiles headquarters are seen in Turin, Italy, July 21, 2018. REUTERS/Massimo Pinca

The court’s decision is the final step in what has been a lengthy and contested process for the loan.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

can Italy truly guarantee anything?

They left Italy years ago, moved their headquarters to the Netherlands to get tax discounts, and they haven't even agreed on hiring more Italian workers in exchange for the loan. Why do we have to use taxpayers' money to fund someone who doesn't give anything back to the country?

Fuck that shit. We don’t need more cars.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in LAW

Law Law Latest News, Law Law Headlines