Italian PM Conte says Fiat Chrysler entitled to seek state-backed loan
Share:
MILAN (Reuters) - Italian Prime Minister Giuseppe Conte said on Saturday that Fiat Chrysler Automobiles NV (FCA) was entitled to apply for Italy's state guarantees on loans as the automaker employed thousands of people in the country, even though its legal base is located abroad.The UILM union said earlier Saturday that FCA had confirmed it asked the Italian government for a state-backed three-year loan, which is part of emergency liquidity measures Rome is making available to Italy's..