Italy's Economy Minister Roberto Gualtieri said on Friday he was confident the government and Fiat Chrysler would be able to complete a deal over a state-backed loan for the carmaker.
FILE PHOTO: Italy's Minister of Finance Roberto Gualtieri attends a one day Italo-Franco summit in Naples, Italy February 27, 2020. REUTERS/Ciro De Luca/File Photo
ROME - Italy’s Economy Minister Roberto Gualtieri said on Friday he was confident the government and Fiat Chrysler would be able to complete a deal over a state-backed loan for the carmaker. Fiat Chrysler’s Italian division is working with the government and lender Intesa Sanpaolo to obtain 80% state guarantees on a 6.3 billion euro three-year loan facility to help weather the COVID-19 pandemic.
“This guarantee is remunerated and so the state makes a profit and so if the operation is finalised, which I presume it will be, I hope, the state would earn 150 million euros,” Gualtieri said in comments on Facebook.Reporting by Angelo Amante, writing by Stephen Jewkes
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
'Here's your scan code for tonight': Italy eatery rips up paper menusPaper menus at this Italian restaurant are a thing of the past. Customers scan a code instead
Lire la suite »
Covid-19 'tsunami' overwhelmed a whole generation in northern Italy. Now their families want answers'It was as if a tsunami overwhelmed us, especially the oldest people.' A whole generation was overwhelmed by Covid-19 in northern Italy. Now their families want answers.
Lire la suite »
No deal Brexit back as a risk for Irish economy: finance ministerThe chances of Britain's status-quo Brexit transition period ending without a trade deal at the end of the year is a risk the Irish economy needs to start preparing for, Finance Minister Paschal Donohoe said on Friday.
Lire la suite »
Where To Buy Tinned and Cured Fish OnlineIf you think you hate canned tuna, you haven’t had the right canned tuna.
Lire la suite »
Investors keep eye on Brazil’s economy minister as coronavirus outbreak worsensThe focus for investors in Brazil is now on the staying power of the nation’s respected economy minister after two health ministers resigned in a little over a month while its president could face an impeachment battle as the country struggles to contain the spread of COVID-19.
Lire la suite »