May 18, 2020 / 8:06 PM / 3 months ago

FCA has to strengthen investments in Italy to seek state-backed loan - EconMin

ROME, May 18 (Reuters) - Italy's Economy Minister Roberto Gualtieri on Monday said Fiat Chrysler has to strengthen investments in Italy and avoid delocalizing its factories outside the national borders to apply for a state backed loan.

"We have asked for additional commitments to the already stringent commitments (set for such loans): all the planned investments must be confirmed and indeed strengthened... we have said no to delocalizations," Gualtieri told a TV interview. (Reporting by Giuseppe Fonte; writing by Angelo Amante)

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