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Italy: FSI invests EUR 1 billion in joint-venture "IQ Made in Italy Investment Company S.p.A."

Description

On 19 November 2012, the Italian sovereign fund, Fondo Strategico Italiano (FSI) invested EUR 1 billion (USD 1.3 billion) into a newly-created fund "IQ Made in Italy Investment Company S.p.A". IQ Made...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Nov 2012

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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