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update: EIB disappointing - to put it mildly - Antonov Posted by JohnA [Email] (#426) [Profile/Gallery] (more from JohnA) on Thu, 28 Jul 2011 10:55:27 In Reply to: Saab plans to replace EIB loan to ease Antonov takeover, JohnA [Profile/Gallery] , Mon, 25 Jul 2011 13:13:13 Members do not see ads below this line. - Help Keep This Site Online - Signup |
excerpt:
"We are not able to pay salaries at Saab as we are not [allowed] to pay anything for Saab, due to the EIB restrictions," said Carlstrom.
The EIB confirmed to just-auto from Luxembourg it had contacted the Swedish government at the start of negotiations and prior to signature of the bank loan.
"The loan application was submitted in early 2009 and the loan was approved in 2010," an EIB spokesman told just-auto, adding it had "been the policy of the EIB to not accept Mr Antonov taking part in the ownership structure of Saab."
SWEDEN: Antonov aide slams "disgraceful" EIB and government Saab development
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