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November 27, 2008
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Thursday
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Ziqa'ad 28, 1429
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Green cars
BRUSSELS: The European Commission on Wednesday offered 5 billion euros ($6.5 billion) to help automakers manufacture safer and greener cars, an initiative to be funded by the EU, industry and member states.
The scheme is part of a broader 200-billion-euro European stimulus package announced by EU commission chief Jose Manuel Barroso to rescue Europe’s ailing economy.—AFP
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