Fiat-Chrysler's state-backed loan crucial for Italy's economy-Intesa CEO says
June 04, 2020 at 11:11 AM EDT
A 6.3 billion euro ($7 billion) state-backed loan for Fiat Chrysler (FCA) , financed by Intesa Sanpaolo , is crucial in terms of safeguarding Italy's economy, the head of the country's biggest retail bank said.