Sweden’s government is on stand-by to meet and discuss today’s (4 July) news the European Investment Bank (EIB) has approved the automaker’s property deal.
Saab secured approval from the EIB for its US$40.7m sale in its property division, but the deal still has to be ratified by the Swedish National Debt Office (SNDO) and the government. The SNDO guaranteed an EIB loan of EUR400m.
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“The Swedish government is awaiting [a] decision from the National Debt Office,” a Swedish Ministry of Enterprise and Energy spokesman told just-auto.
“The whole government needs to find the common position and this can’t be done before the NDO. As soon as the NDO reaches a decision, the government will find their decision.”
The SNDO was not immediately available for comment.
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