European Investment Bank to see whether VW used loans to cheat emissions tests for diesel vehicles,newspaper reports The European Investment Bank (EIB) will examine whether Volkswagen used any loans from the European Union to cheat on emissions tests for diesel vehicles and could demand money back, EIB chief Werner Hoyer told a German newspaper. “The EIB could have taken a hit [from the emissions scandal] because we have to fulfil certain climate targets with our loans, and ” the Süddeutsche Zeitung quoted Hoyer as saying in a summary of an article to be published on Monday.
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Source: theguardian.com