The European Union Bank Might Ask for its Money Back from Volkswagen

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The European Union Bank Might Ask for its Money Back from Volkswagen

The European Investment Bank might recall million of loans that it has made to Volkswagen due to its involvement in the global emissions scandal.

The chief executive of the EIB, Werner Hoyer said that the EU wide lender is currently yin the process to find out if any of its funds were used to help the company in cheating emissions targets.

This means that the EIB could recall up to €1.8 billion in outstanding l – Read more

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