AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
On 1 July 2015, the Italian Eximbank SACE annnounced in a press release that it joined a special purpose company on 26 June 2015. In its company role, SACE would guarantee the export credit worth 263.5 million USD for the purchase of the Silver Muse cruise vessel by the Florida-based company Silversea.
The vessel is to be delivered in 2017 and shall be built by the Italian company Fincantieri.
A state measure in the GTA database is assessed solely in terms of the extent to which its implementation affects the extent of discrimination against foreign commercial interests. On this metric, the state aid proposed here is discriminatory.
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