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A review of the Swedish authorities’ plan to guarantee a 400 million euro ($562 million) European Investment Bank loan to Saab will be made as soon as possible, according to European Union regulators.

The loan is considered to be the key for Dutch sportscar maker Spyker to succeed in acquiring Saab from General Motors Co. Commission spokesman Jonathan Todd explained that of the guarantee amount, 82.8% will have to be examined by the European Commission to see whether it complies with state aid rules.

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Report: EU says will review Saab loan guarantee a.s.a.p.

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