Isn't 6.3bn EUR something like the typical repair bill on an old Fiat? I digress.
Reuters report over the weekend the approval is close, citing two sources:
- Italy close to approval of guarantees for a 6.3 billion euro financing of Fiat Chrysler
- FCA's Italian division has tapped Rome's COVID-19 emergency financing schemes to secure a state-backed, three-year facility to support the group's operations in the country as well as Italy's car sector.
Link here for more.
![Fiat Chrysler](https://az705044.vo.msecnd.net/20200621/fiat.jpg)