Paris gives Renault and Peugeot €779m

France became the first country in Europe on the 15 December 2008 to provide credit guarantees to the financing arms of its carmakers with a €779m payment split between Renault and Peugeot.

France24, 16.12.08: Gov't says carmakers must stay in France in return for aid http://www.france24.com/en/20081215-sarkozy-meet-with-french-car-execs-industry-crisis-

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