Du måste aktivera javascript för att sverigesradio.se ska fungera korrekt och för att kunna lyssna på ljud. Har du problem med vår sajt så finns hjälp på https://kundo.se/org/sverigesradio/

EU Approved Volvo Loan Guarantees

Published fredag 5 juni 2009 kl 12.08

The European Commission has approved loan guarantees for Volvo Cars.

The 708 million dollars in borrowing from the European Investment Bank will be guaranteed by the Swedish government. Volvo, which is owned by Ford but largely based in Sweden, plans to use the money as part of a project to develop more fuel-efficient low-emission vehicles.

Volvo announced this week a joint venture to develop an electric-diesel hybrid car than can be charged from an ordinary wall socket.

"The state guarantees would contribute to Volvo's investment project for environmentally friendly cars without giving rise to any undue distortions of competition," EU Competition Commissioner Neelie Kroes said.

The loans and guarantees would be provided in five tranches from 2009 to 2010 with a maturity of seven years.

Our journalism is based on credibility and impartiality. Swedish Radio is independent and not affiliated to any political, religious, financial, public or private interests.
Har du frågor eller förslag gällande våra webbtjänster?

Kontakta gärna Sveriges Radios supportforum där vi besvarar dina frågor vardagar kl. 9-17.

Du hittar dina sparade avsnitt i menyn under "Min Lista".