Peugot bailout

Peugeot's state guarantee gets temporary EU approval

Press quote (Bloomberg)
Simon Tilford
11 February 2013

"As a French consumer looking for a car, you’re confronted with paying dramatically higher rates of interest to buy a Peugeot on credit than you are a Volkswagen," said Simon Tilford, of the CER. "I think there will be some latitude shown. There’s a fair degree of understanding for the French government’s position."